Global MgO Boards Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global MgO Boards Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Mgo Ceiling board :1, avoid sink 2, prevent fire3, no dust4, damp resistant. This kind of products are used magnesium cement as the based material, there will be pasted PVC on the surface of board, and form many kinds of high-grade suspended ceiling materials.

Market Overview:

The latest research study on the global MgO Boards market finds that the global MgO Boards market reached a value of USD 609.02 million in 2022. It’s expected that the market will achieve USD 848.14 million by 2028, exhibiting a CAGR of 5.68% during the forecast period.

Limitations

Like all cement blends, magnesium oxide cement and related blending formulations and equipment require strict control of the materials entering the blender, the curing process and the appropriate waiting time to solidify and process the fresh and semifresh products. Many of the less expensive brands use magnesium oxychloride cement technology to achieve higher early strength, which makes the board more susceptible to water weakening and material inconsistency.
Usually, wood boards are produced using Sorel cement (magnesium oxychloride), which results in a product that is slightly hygroscopic. If used in an excessively humid climate, it may cause problems called “hard plates”.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Yunion Industry Limited is one of the major players operating in the MgO Boards market, holding a share of 2.95% in 2019.

Yunion Industry Limited is a professional manufacturer of fiber cement board, calcium silicate board, magnesium oxide board (mgo board) and magnesium sulfate board in china. With amazing benefit in fireproof, insect proof, waterproof, sound absorption, heat isolation and easy installation, products are extensively used in the construction of supermarkets, hotels, office buildings airports and others.

Zhangjiagang Evernice Building Materials Co., Ltd. was established in February 2004. Their company specializes in design, producing, and distributing a complete range of ceiling and partition materials for the interior and exterior decoration market of all over the world.

Segmentation Overview:

Among different product types, Thin (Thickness< 8 mm) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial Buildings segment occupied the biggest share from 2018 to 2022.

Key Companies in the global MgO Boards market covered in Chapter 3:

Beijing Hocreboard Building Materials
Pengfei Fireproof New Materials
Huizhou Meisen Board
Suzhou Kunshi New Building Materials
Onekin Green Building Materials
Yunion Industry Limited
Gemtree Board
Zhangjiagang Evernice Building Materials
Futai Decorative Board
Magnum Building Products
Yulong Technological Board
Magnastruct

In Chapter 4 and Chapter 14.2, on the basis of types, the MgO Boards market from 2018 to 2029 is primarily split into:

Thin (Thickness< 8 mm)
Medium (Thickness 8-15 mm)
Thick (Thickness >15 mm)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the MgO Boards market from 2018 to 2029 covers:

Residential Buildings
Commercial Buildings
Industrial Buildings

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)