Press release
Global Electrical Grade Fused Magnesia to See Radical Growth Of 5.8% expected to reach 330 million US$ BY 2025
Electrical Grade Fused Magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000°C. Electrical Grade Fused Magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.
According to QYR’s analysts, the concentration of Electrical Grade Fused Magnesia industry is relatively high. The top 8 companies accounted for about 85% production volume market share in 2017. The major production regions mainly locate in NA and Europe. And the major manufacturers are included Imerys Fused Minerals, Industrias Penoles, Tateho, Kumas Manyezit Sanayi A.S., Liaoning Jinding Magnesite Group, Haicheng Magnesite, Magnezit Group, .GRECIAN MAGNESITE.
There are companies adding new capacities and aim at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Electrical Grade Fused Magnesia market will become more intense. This is the end of Electrical Grade Fused Magnesia report.
The global Electrical Grade Fused Magnesia market is valued at 210 million US$ in 2018 is expected to reach 330 million US$ by the end of 2025, growing at a CAGR of 5.8% during 2019-2025.
This report focuses on Electrical Grade Fused Magnesia volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electrical Grade Fused Magnesia market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Imerys Fused Minerals
Industrias Penoles
Tateho
Kumas Manyezit Sanayi A.S.
Liaoning Jinding Magnesite Group
Haicheng Magnesite
Magnezit Group
GRECIAN MAGNESITE
Segment by Regions
North America
Europe
China
Japan
Segment by Type
FM 97
FM 96
FM 90
Segment by Application
High Temperature Products
Medium Temperature Products
Low Temperature Products
For the better understanding of the Electrical Grade Fused Magnesia market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Electrical Grade Fused Magnesia market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Electrical Grade Fused Magnesia market. Detail information of segments is required to recognize the key trends influencing the global market for Electrical Grade Fused Magnesia
Each segment of the Electrical Grade Fused Magnesia market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Electrical Grade Fused Magnesia report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Electrical Grade Fused Magnesia Market Competitive Landscape
The report of global Electrical Grade Fused Magnesia market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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