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Global Magnesium Oxide Market is expected to reach USD 6,543 million by the end of 2024
Large mineral deposits of magnesite are located in China, North Korea, and Russia. China is the largest producer of magnesium oxide from natural magnesite, accounting for about 64% of the magnesium oxide produced in 2016. China’s abundant magnesite deposits result in most of its domestic producers manufacturing magnesium chemicals from this natural ore.
In 2017, the global magnesium oxide market is led by China. Europe is the second-largest region-wise market. The global magnesium oxide market is valued at USD 4,168 million in 2017 and is expected to reach USD 6,543 million by the end of 2024, growing at a CAGR of 6.65% between 2017 and 2024.
Magnesium oxide’s various forms, from crude magnesite, to dead-burned (DBM), fused (FM), caustic calcined magnesia (CCM) and synthetic magnesium oxide. The principal driver for DBM and FM is the refractories industry, which is linked with steel and other metal production, as well as cement and glass. According to the report, around 70.03% magnesium oxide consumed in 2017 was used for refractories. The second application filed was the agriculture industry, which accounted for 11.68% in 2017.The remaining 18.29% was used in food, pharmaceutical, chemical, construction, environmental and industrial applications
The Global Magnesium Oxide Market Research Report 2018 report released by QYResearch provides a basic overview of the Magnesium Oxide industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the household food storage containers industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
Market Segment by Regions, regional analysis covers
China
Europe
North America
Asia-Pacific Other
Middle East & Africa
South America
Market Segment by Type, covers
Dead-Burned Magnesium Oxide (DBM)
Fused Magnesium Oxide (FM)
Caustic Calcined Magnesium Oxide (CCM)
Synthetic Magnesium Oxide
Market Segment Applications, can be divided into
Refractories Industry
Agriculture Industry
Chemical Industry
Construction Industry
Other
Microwave Oven Competitive landscape and key vendors
RHI-Magnesita
Magnezit Group
SMZ Jelsava
Martin Marietta Magnesia Specialties
Kumas Magnesite Works
Nedmag Industries
Grecian Magnesite
Navarras SA
Primier Magnesia
Baymag
Industrias Penoles
Ube Material Industries
ICL Industrial
Imerys
Haicheng Houying Group
Haicheng Magnesite Refractory
Haicheng Huayu Group
Jiachen Group
Liaoning Jinding Magnesite
Liaoning Wang Cheng Magnesium Group
Qinghua Refractory Group
Dashiqiao Huamei Group
About Us: QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
- Posted on: 2018-07-25 23:39:29
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- Item ID: 14951394