my country attaches great importance to the development of magnesium hydroxide, and regards magnesium hydroxide, especially high-purity nano magnesium hydroxide, as one of the strategic priorities for the development of the chemical industry and an important part of new materials. Hebei Messi Biology Co., Ltd. stated that at present, the magnesium hydroxide industry has become an important independent branch and a new economic growth point in my country’s chemical industry.
Taking foreign countries where magnesium hydroxide is well developed as an example, technological innovation plays a vital role in the development of fine chemicals. In the past 10 years, the market of traditional industries abroad has shrunk by half, and has been replaced by a large number of functional, green and other high-end fine chemicals, which has greatly improved the industrial level and economic benefits of magnesium hydroxide. For example, focusing on the development of functional magnesium hydroxide products for electronic fields such as semiconductors and flat-panel displays has enabled foreign countries to establish a dominant position in high-end product fields such as information recording and display materials.
Hebei Messi Biology Co., Ltd. stated that many well-known magnesium hydroxide manufacturers have adjusted their operating structures through mergers, acquisitions or reorganizations, withdrawn from uncompetitive low-end fields, exerted their expertise and advantages, increased investment in competitive industries, and focused on the development of high-purity magnesium hydroxide with advantages to consolidate and expand market share and improve economic benefits and international competitiveness.