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Global Magnesium Diboride Market Expected to Witness a Sustainable Growth over 2023
Magnesium Diboride (MgB2) is the binary compound with the highest critical temperature known so far (about 39K). This material was first synthesized and its structure confirmed in 1953, but its superconducting properties were not discovered until 2001.
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Global Magnesium Diboride Market: Forecast by Type / Application / Region
Superconductivity is a wonderful phenomenon, but its today’s applications are still confined to MRI-NMR, R&D, current leads and ‘big physics’ 2G HTS material is expected to modify soon this scenario, but its complexity and limitation is currently delaying its positive effect on the industrial market of superconductivity. MgB2 is of particular interest because of its feature (low material cost, simple crystalline structure, ease of manufacture larger coherence length, lower anisotropy), which make MgB2 competitive with HTS. The MgB2 superconductor, therefore, has significant potential for industrial applications.
Superior technologies can be better meeting the needs of downstream markets and Promote tremendous price decline. In the near future, more and more manufacturers enter the magnesium diboride research and production team, driving magnesium diboride industry.
Over the next five years, LPI(LP Information) projects that Magnesium Diboride will register a 16.1% CAGR in terms of revenue, reach US$ 6970 million by 2023, from US$ 2840 million in 2017.
Global Magnesium Diboride Market: Key Players
Materion Corporation
Stanford Advanced Materials
ESPI
READE
Baoding Pengda
Luoyang Tongrun
Shanghai Longjin Metallic
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Related Information:
United States Magnesium Diboride Market Research Report 2018
Europe Magnesium Diboride Market Research Report 2018
North America Magnesium Diboride Market Research Report 2018
Asia-Pacific Magnesium Diboride Market Research Report 2018
China Magnesium Diboride Market Research Report 2018
EMEA Magnesium Diboride Market Research Report 2018
Global Magnesium Diboride Market Research Report 2018
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