Increasing Adoption of Magnesium Oxide in Water Treatment to Boost Growth 2020 | Martin Marietta Materials Inc., Grecian Magnesite S.A., Premier Magnesia, LLC, Ube Industries Ltd

Magnesium oxide is a chemical compound with formula MgO and occurs naturally as periclase. It is a chemical compound, also known as magnesia and has a wide range of applications. Moreover, magnesium oxide is mainly used across refractory bricks for ceramic, steel, and glass industries. It also used in the agriculture industry for the fertilizers and cattle feed.

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Key players operating in global magnesium oxide market are Martin Marietta Materials Inc., Grecian Magnesite S.A., Premier Magnesia, LLC, Ube Industries Ltd., Robert Half International AG, Magnezit Group Europe GmbH, Magnesita Refractories SA, Kumas Manyezit Sanayi A.S., SMZ, a.s. Jelšava, Xinyang Mineral Group, Premier Periclase Ltd., and Israel Chemicals Ltd.

Market Dynamics

The global magnesium oxide market has witnessed significant growth in recent past years, owing to the increasing industrialization across the globe. Based on application, the global magnesium oxide market is bifurcated into the refractory, agriculture, industrial, and others. Among these segments, the refractory segment dominated the global magnesium oxide market in 2018, owing to the growing industrialization propelled the demand for the refractory materials coupled with the demand of refractory materials in the steel, ceramics, glass industries around the world. This factor is estimated to drive growth of the global magnesium oxide market during the forecast period.

Market Taxonomy

Global Magnesium Oxide Market, By Application:
Refractory
Agriculture
Industrial
Others
Global Magnesium Oxide Market, By Product Type:
Dead Burned Magnesia
Fused Magnesia
Caustic Calcined Magnesia

Research Methodology

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Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

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