Magnesium Oxide Market Projected to Surpass 5750 Million $ by 2023 - RHI-Magnesita, Magnezit Group, SMZ Jelsava, Nedmag Industries, Grecian Magnesite

BusinessIndustryReports have new report on “Global Magnesium Oxide Market 2019-2023”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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Magnesium Oxide market size to maintain the average annual growth rate of 0.0446418031088 from 3360.0 million $ in 2014 to 4180.0 million $ in 2018, market analysts believe that in the next few years, Magnesium Oxide market size will be further expanded, we expect that by 2023, The market size of the Magnesium Oxide will reach 5750.0 million $.

Magnesium oxide, also known as magnesia (MgO), is a hygroscopic compound, produced from magnesite ores by pyrolysis or recovered from seawater through electrolysis. Magnesium oxide find its applications in agriculture, refractory, and building, and construction among others. It is extensively used in iron & steel, and ceramic & glass industry as a refractory lining.

The main market driver for this product is its use in the health industry. the demand for this product is high in end use industries which is the pharmaceutical industry. as it is used as a antiperspirant deodorant, its demand is high among the younger generation. The pharmaceutical industry is growing at a very high rate and hence the demand for this product will also increase to a high extent. The largest end user for magnesium hydroxide beside the pharmaceutical industry is desulphurization and the water treatment industry. countries are shifting to fossil-fuel based power plants which will in turn increase the consumption of magnesium hydroxide for desulphurization. Owing to its flame retardant properties it is a fast growing application globally due to its performance, price, low corrosiveness and its extremely low toxicity.

Key Players:

1 RHI-Magnesita

2 Magnezit Group

3 SMZ Jelsava

4 Martin Marietta Magnesia Specialties

5 Kumas Magnesite Works

6 Nedmag Industries

7 Grecian Magnesite and more..........

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The report covers the Segments and sub-segments of the Global Magnesium Oxide Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Dead-Burned Magnesium Oxide (DBM)

2 Fused Magnesium Oxide (FM)

3 Caustic Calcined Magnesium Oxide (CCM)

4 Synthetic Magnesium Oxide

Industry Segmentation:

1 Refractories Industry

2 Agriculture Industry

3 Chemical Industry

4 Construction Industry

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Table of Content:

1 Magnesium Oxide Product Definition

2 Global Magnesium Oxide Manufacturer Share and Market Overview

3 Manufacturer Magnesium Oxide Business Introduction

4 Global Magnesium Oxide Market Segmentation (Region Level)

5 Global Magnesium Oxide Market Segmentation (Product Type Level)

6 Global Magnesium Oxide Market Segmentation (Industry Level)

7 Global Magnesium Oxide Market Segmentation (Channel Level)

8 Magnesium Oxide Market Forecast 2019-2023

9 Magnesium Oxide Segmentation Product Type

10 Magnesium Oxide Segmentation Industry

11 Magnesium Oxide Cost of Production Analysis

12 Conclusion

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