Global Magnesium Olivine Sand Powder Market Growth 2023-2029

Global Magnesium Olivine Sand Powder Market Growth 2023-2029

The mineral olivine is a magnesium iron silicate with the formula (Mg+2, Fe+2)2SiO4. Thus it is a type of nesosilicate or orthosilicate. It is a common mineral in the Earth's subsurface but weathers quickly on the surface. This report focuses on its sand and powder.

Amount of MgO used in olivines in the industry is usually required to be above 46% and the amount of Total Fe oxides to be no more than 7-8%. Also, SiO2 amount needs to be between 38 to 42%. Total of other metal oxides required being less than 3% and loss on ignition is required not to exceed 2%.

LPI (LP Information)' newest research report, the “Magnesium Olivine Sand Powder Industry Forecast” looks at past sales and reviews total world Magnesium Olivine Sand Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Olivine Sand Powder sales for 2023 through 2029. With Magnesium Olivine Sand Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Olivine Sand Powder industry.

This Insight Report provides a comprehensive analysis of the global Magnesium Olivine Sand Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Olivine Sand Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Olivine Sand Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Olivine Sand Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnesium Olivine Sand Powder.

The global Magnesium Olivine Sand Powder market size is projected to grow from US$ 60 million in 2022 to US$ 51 million in 2029; it is expected to grow at a CAGR of 51 from 2023 to 2029.

Global Magnesium Olivine Sand Powder key players include Steinsvik Olivin, Unimin, Xinmi Xinxin, Xixia Yuchenng Co., Ltd., etc. Global top four manufacturers hold a share nearly 20%.

India is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 45 percent.

In terms of product, 100-270 mesh is the largest segment, with a share over 65%. And in terms of application, the largest application is Foundry Molding Sand, followed by High-temperature Refractory, Metallurgical Auxiliary Material, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Olivine Sand Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

30-100 Mesh

100-270 Mesh

270-325 Mesh

Others

Segmentation by application

Foundry Molding Sand

Metallurgical Auxiliary Material

High-temperature Refractory

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Steinsvik Olivin

Covia

Dakduklu Minerals

Thermolith SA

Eryas

Egamin

Ore-Met

LTC

Sibelco

Scangrit

Industrial Minerals & Refractories

Unique Enterprises

Xinmi Xinxin

Xixia Yuchenng Co., Ltd.

Xixia Sheng Metallurgical Material

Xixia Jinyu Kuangye

Shaanxi Sanyuan Minerals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnesium Olivine Sand Powder market?

What factors are driving Magnesium Olivine Sand Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Magnesium Olivine Sand Powder market opportunities vary by end market size?

How does Magnesium Olivine Sand Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.