Magnesium Oxide Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Martin Marietta, Grecian Magnesite S.A., Ube Industries Ltd

According to Stratistics MRC, the Global Magnesium Oxide Market is accounted for $4,145.08 million in 2020 and is expected to reach $7,305.09 million by 2028 growing at a CAGR of 7.3% during the forecast period. Surging demand from refractory materials, increasing adoption of magnesium oxide from different industries and escalated demand from steel and iron industries are driving the market growth. However, increasing preference for alternatives and health related side effects of magnesium oxide are hampering the growth of the market.

Request for a Free Sample Copy of Report at www.strategymrc.com/report/magnesium-oxide-market/request-customization

Based on the type, the dead burned magnesia segment is going to have lucrative growth during the forecast period due to its excellent heat resistivity range, and as it is the primary component in refractory materials, thus leading to its widespread application in the market. By geography, North America is going to have high growth during the forecast period in terms of revenue as compared to that of markets in other regions as United States is leading in the world’s largest magnesium oxide industry in North America. This is attributed to well-developed application sectors in the region such as chemical industry, medical industry, and cement industry.

Some of the key players profiled in the Magnesium Oxide Market include Martin Marietta, Grecian Magnesite S.A., Ube Industries Ltd, Tateho Chemical Industries Co., Baymag Inc, Ube Industries Ltd,Qinghua Refractory Group Ltd, Dashiqiao Huamei Group, ICL Industrial Products: ICL IP, RHI Magnesita, PremierMagnesia LLC, Magnezit Group, Nedmag BV and Wuxi Zehui Chemical Co., Ltd.

Products Covered:
• High Grade Magnesium Oxide
• Magnesium Hydroxide
• Magnesium Ingot

Types Covered:
• Synthetic Magnesium Oxide
• Caustic Calcined Magnesia (CCM)
• Light Burned Magnesium Oxide
• Dead Burned Magnesia (DBM)
• Hard Burned Magnesium Oxide
• Fused Magnesia (FM)   

Applications Covered:
• Paper & Pulp
• Agriculture
• Construction
• Environment
• Medical / Pharmaceutical
• Agrochemical
• Rubber
• Healthcare
• Veterinary Drugs
• Water Treatment
• Chemical Intermediates
• Food
• Oriented Silicon Steel
• Refractory
• Cosmetic

Distribution Channels Covered:
• Online
• Offline

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/magnesium-oxide-market/request-customization

Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports

About Us:

StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.

Contact Us:

Stratistics Market Research Consulting

Phone: +1-301-202-5929

Email: info@strategymrc.com

Website: www.strategymrc.com/

Twitter:twitter.com/StratisticsMRC

LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile

Request Sample