Magnesium sulphate is an inorganic salt with the formula MgSO4(H2O)x where 0≤x≤7. It is often encountered as the heptahydrate sulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. Magnesium sulphate provides both a bitter and a salty taste, depending on its concentration.
Global Magnesium Sulphate Market has very wide market in 21st century and it has been valued as $ 10,731.05 million by 2027 with a CAGR of 4.28%. The main reason for this is the growing demand for greater quantity of food from countries such as China and India, as a result of increasing population in these countries. As a whole you can invest in this project without risk and earn profit.
Few Indian major players are as under
· Agro Phos (India) Ltd.
· Aksharchem (India) Ltd.
· Arihant Chemicals Inds. Ltd.
· Liberty Phosphate Ltd.
· Pioneer Magnesia Works Pvt. Ltd.
· Sam Industries Ltd.