Global Magnesium Oxide Market 2024-2028

Global Magnesium Oxide Market 2024-2028


The magnesium oxide market is forecasted to grow by USD 1.73 bn during 2023-2028, accelerating at a CAGR of 5.58% during the forecast period. The report on the magnesium oxide market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing steel production, growing demand for magnesium oxide from construction industry, and increasing demand from animal feed industry.

Technavio's magnesium oxide market is segmented as below:

By Product Type
  • Dead burned magnesia
  • Fused magnesia
  • Caustic calcined magnesia
By Application
  • Refractories
  • Construction
  • Agriculture
  • Chemical
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the shift toward eco-friendly and sustainable magnesium oxide manufacturing practices as one of the prime reasons driving the magnesium oxide market growth during the next few years. Also, increasing scope for using magnesium oxide in treatment of toxic gases and increasing adoption of magnesium oxide in wastewater treatment will lead to sizable demand in the market.

The report on the magnesium oxide market covers the following areas:
  • Magnesium oxide market sizing
  • Magnesium oxide market forecast
  • Magnesium oxide market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading magnesium oxide market vendors that include AIR WATER INC., Baymag Inc., Bhavani chemicals, Compagnie Financiere et de Participations Roullier, Dr. Paul Lohmann GmbH and Co. KGaA, GRECIAN MAGNESITE SA, Haicheng Guangling Refractory Manufacturing Co. LTD., HOLY MAGNESIUM INDUSTRY DASHIQIAO CO. LTD., Imerys S.A., Industrias Penoles SAB de CV, Israel Chemicals Ltd., Lehmann and Voss and Co. KG, Martin Marietta Materials Inc., Nedmag B.V., Noah Chemicals, Paul Rauschert GmbH and Co. KG, Premier Magnesia LLC, RHI Magnesita GmbH, SCORA S.A., and Konoshima Chemical Co. Ltd.. Also, the magnesium oxide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Product Type
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global magnesium oxide market 2018 - 2022
      • Table Historic Market Size - Data Table on global magnesium oxide market 2018 - 2022 ($ million)
    • Product Type Segment Analysis 2018 - 2022
      • Table Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Product Type
    • Market segments
      • Table Chart on Product Type - Market share 2023-2028 (%)
      • Table Data Table on Product Type - Market share 2023-2028 (%)
    • Comparison by Product Type
      • Table Chart on Comparison by Product Type
      • Table Data Table on Comparison by Product Type
    • Dead burned magnesia - Market size and forecast 2023- 2028
      • Table Chart on Dead burned magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Dead burned magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Dead burned magnesia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Dead burned magnesia - Year-over-year growth 2023-2028 (%)
    • Fused magnesia - Market size and forecast 2023-2028
      • Table Chart on Fused magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Fused magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Fused magnesia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Fused magnesia - Year-over-year growth 2023-2028 (%)
    • Caustic calcined magnesia - Market size and forecast 2023-2028
      • Table Chart on Caustic calcined magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Caustic calcined magnesia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Caustic calcined magnesia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Caustic calcined magnesia - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product Type
      • Table Market opportunity by Product Type ($ million)
      • Table Data Table on Market opportunity by Product Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Refractories - Market size and forecast 2023-2028
      • Table Chart on Refractories - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Refractories - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Refractories - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Refractories - Year-over-year growth 2023-2028 (%)
    • Construction - Market size and forecast 2023-2028
      • Table Chart on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Construction - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Construction - Year-over-year growth 2023-2028 (%)
    • Agriculture - Market size and forecast 2023-2028
      • Table Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Agriculture - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
    • Chemical - Market size and forecast 2023-2028
      • Table Chart on Chemical - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Chemical - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Chemical - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Chemical - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Italy - Market size and forecast 2023-2028
      • Table Chart on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Italy - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing steel production
      • Growing demand for magnesium oxide from construction industry
      • Increasing demand from animal feed industry
    • Market challenges
      • Surging prices of magnesium oxide owing to plant shutdowns in China
      • Rising popularity of other nutrient-based fertilizers
      • Threat of substitutes of magnesium oxide in refractory applications
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Shift toward eco-friendly and sustainable magnesium oxide manufacturing practices
      • Increasing scope for using magnesium oxide in treatment of toxic gases
      • Increasing adoption of magnesium oxide in wastewater treatment
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Baymag Inc.
      • Table Baymag Inc. - Overview
      • Table Baymag Inc. - Product / Service
      • Table Baymag Inc. - Key offerings
    • Compagnie Financiere et de Participations Roullier
      • Table Compagnie Financiere et de Participations Roullier - Overview
      • Table Compagnie Financiere et de Participations Roullier - Product / Service
      • Table Compagnie Financiere et de Participations Roullier - Key offerings
    • GRECIAN MAGNESITE SA
      • Table GRECIAN MAGNESITE SA - Overview
      • Table GRECIAN MAGNESITE SA - Product / Service
      • Table GRECIAN MAGNESITE SA - Key offerings
    • Haicheng Guangling Refractory Manufacturing Co. LTD.
      • Table Haicheng Guangling Refractory Manufacturing Co. LTD. - Overview
      • Table Haicheng Guangling Refractory Manufacturing Co. LTD. - Product / Service
      • Table Haicheng Guangling Refractory Manufacturing Co. LTD. - Key offerings
    • Imerys S.A.
      • Table Imerys S.A. - Overview
      • Table Imerys S.A. - Business segments
      • Table Imerys S.A. - Key news
      • Table Imerys S.A. - Key offerings
      • Table Imerys S.A. - Segment focus
    • Industrias Penoles SAB de CV
      • Table Industrias Penoles SAB de CV - Overview
      • Table Industrias Penoles SAB de CV - Business segments
      • Table Industrias Penoles SAB de CV - Key offerings
      • Table Industrias Penoles SAB de CV - Segment focus
    • Israel Chemicals Ltd.
      • Table Israel Chemicals Ltd. - Overview
      • Table Israel Chemicals Ltd. - Business segments
      • Table Israel Chemicals Ltd. - Key news
      • Table Israel Chemicals Ltd. - Key offerings
      • Table Israel Chemicals Ltd. - Segment focus
    • Konoshima Chemical Co. Ltd.
      • Table Konoshima Chemical Co. Ltd. - Overview
      • Table Konoshima Chemical Co. Ltd. - Product / Service
      • Table Konoshima Chemical Co. Ltd. - Key offerings
    • Lehmann and Voss and Co. KG
      • Table Lehmann and Voss and Co. KG - Overview
      • Table Lehmann and Voss and Co. KG - Product / Service
      • Table Lehmann and Voss and Co. KG - Key offerings
    • Martin Marietta Materials Inc.
      • Table Martin Marietta Materials Inc. - Overview
      • Table Martin Marietta Materials Inc. - Business segments
      • Table Martin Marietta Materials Inc. - Key offerings
      • Table Martin Marietta Materials Inc. - Segment focus
    • Nedmag B.V.
      • Table Nedmag B.V. - Overview
      • Table Nedmag B.V. - Product / Service
      • Table Nedmag B.V. - Key offerings
    • Paul Rauschert GmbH and Co. KG
      • Table Paul Rauschert GmbH and Co. KG - Overview
      • Table Paul Rauschert GmbH and Co. KG - Product / Service
      • Table Paul Rauschert GmbH and Co. KG - Key offerings
    • Premier Magnesia LLC
      • Table Premier Magnesia LLC - Overview
      • Table Premier Magnesia LLC - Product / Service
      • Table Premier Magnesia LLC - Key offerings
    • RHI Magnesita GmbH
      • Table RHI Magnesita GmbH - Overview
      • Table RHI Magnesita GmbH - Business segments
      • Table RHI Magnesita GmbH - Key news
      • Table RHI Magnesita GmbH - Key offerings
      • Table RHI Magnesita GmbH - Segment focus
    • SCORA S.A.
      • Table SCORA S.A. - Overview
      • Table SCORA S.A. - Product / Service
      • Table SCORA S.A. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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