Global Fused Magnesia Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Fused Magnesia Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

This report studies the Fused Magnesia market, Fused magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000°C. Fused magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.

According to our (Global Info Research) latest study, the global Fused Magnesia market size was valued at US$ 920 million in 2023 and is forecast to a readjusted size of USD 1011 million by 2030 with a CAGR of 1.4% during review period.

The concentration of Fused Magnesia industry is low. The top 8 companies accounted for about 45% production volume market share. The major production regions mainly locate in China and Europe. And the major manufacturers are included RHI Magnesita, Magnezit Group, Liaoning Jinding Magnesite Group, Haicheng Magnesite, Kumas Manyezit Sanayi, Imerys Fused Minerals, Jiachen Group and GRECIAN MAGNESITE, etc.

The major manufacturers mainly concentrate in China and Europe. China Fused Magnesia production share was about 57%. Europe production share took 23% and North America production share also took 4%.

The largest end use for Fused Magnesia, accounting for about 60% of consumption, is in Steelmaking. The use of Fused Magnesia in Cementwas a fast-growing application, and accounted for about 9% of Fused Magnesia consumption.

This report is a detailed and comprehensive analysis for global Fused Magnesia market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Content and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Fused Magnesia market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Fused Magnesia market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Fused Magnesia market size and forecasts, by Content and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Fused Magnesia market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Fused Magnesia

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Fused Magnesia market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include RHI Magnesita, Magnezit Group, Liaoning Jinding Magnesite Group, Haicheng Magnesite, Kumas Manyezit Sanayi, Imerys Fused Minerals, Jiachen Group, GRECIAN MAGNESITE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Fused Magnesia market is split by Content and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Content, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Content
0.96
0.97
0.98
Others

Market segment by Application
Steelmaking
Cement
Nonferrous Metals Industries
Others

Major players covered
RHI Magnesita
Magnezit Group
Liaoning Jinding Magnesite Group
Haicheng Magnesite
Kumas Manyezit Sanayi
Imerys Fused Minerals
Jiachen Group
GRECIAN MAGNESITE

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Fused Magnesia product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Fused Magnesia, with price, sales quantity, revenue, and global market share of Fused Magnesia from 2019 to 2024.

Chapter 3, the Fused Magnesia competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Fused Magnesia breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Content and by Application, with sales market share and growth rate by Content, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Fused Magnesia market forecast, by regions, by Content, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Fused Magnesia.

Chapter 14 and 15, to describe Fused Magnesia sales channel, distributors, customers, research findings and conclusion.