Global Magnesium Oxide Market Growth 2023-2029

Global Magnesium Oxide Market Growth 2023-2029

Magnesium oxide, also called magnesia with chemical formula MgO, is a white solid mineral that occurs naturally as periclase and is a source of magnesium. MgO is used as an insulator in industrial cables, as a basic refractory material for crucibles and as a principal fireproofing ingredient in construction materials. Magnesium oxide is also utilized in the agricultural, chemical, food, pharmaceutical, environmental and industrial applications.



This report covers primarily magnesium oxide including four types: dead-burned magnesium oxide (DBM), fused magnesium oxide (FM), caustic calcined magnesium oxide (CCM) and synthetic magnesium oxide.

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

This Insight Report provides a comprehensive analysis of the global Magnesium Oxide 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 Oxide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Oxide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Oxide 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 Oxide.

The global Magnesium Oxide market size is projected to grow from US$ 7567.5 million in 2022 to US$ 8216.6 million in 2029; it is expected to grow at a CAGR of 8216.6 from 2023 to 2029.

Europe is the largest market with about 43% market share. China and Japan are follower.

The key players are RHI Magnesita,Jiachen Group, Haicheng Huayu Group etc.

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

Market Segmentation:

Segmentation by type
Dead-Burned Magnesium Oxide (DBM)
Fused Magnesium Oxide (FM)
Caustic Calcined Magnesium Oxide (CCM)
Synthetic Magnesium Oxide

Segmentation by application
Refractories
Agriculture
Chemical
Construction
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.
RHI Magnesita
Jiachen Group
Haicheng Huayu Group
Haicheng Houying Group
Haicheng Magnesite Group
Magnezit Group
Qinghua Refractory Group
KÜMAŞ Magnesite
SMZ, a.s. Jelšava
Magnesitas Navarras
Liaoning Wang Cheng Magnesium Group
Premier
Grecian Magnesite
Martin Marietta
Industrias Peñoles

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnesium Oxide market?

What factors are driving Magnesium Oxide market growth, globally and by region?

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

How do Magnesium Oxide market opportunities vary by end market size?

How does Magnesium Oxide 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.