 Global Magnesium Oxide Market Growth 2019-2024
      Global Magnesium Oxide Market Growth 2019-2024Magnesium 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.
Magnesium oxide consumption is linked to a handful of generally steady end markets. As a key refractory mineral, its usage is correlated to steel and cement manufacturing, while as an ingredient in markets ranging from flame retardants and water treatment to human medicine and animal feed, small but stable annual demand volumes keep the industry ticking over. Based on the regions, the consumption is mainly concentrated in Asia-Pacific, Europe and North America etc. China was the major consumption region with the market share of 47.37% in 2017, which attributed to the rapid economic growth in China. Europe was the second consumer in the magnesium oxide industry, which accounted for around 23.26% market share in 2017.
According to this study, over the next five years the Magnesium Oxide market will register a 7.0% CAGR in terms of revenue, the global market size will reach US$ 6250 million by 2024, from US$ 4170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnesium Oxide business, shared in Chapter 3.
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.
This study considers the Magnesium Oxide value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Dead-Burned Magnesium Oxide (DBM)
    Fused Magnesium Oxide (FM)
    Caustic Calcined Magnesium Oxide (CCM)
    Synthetic Magnesium Oxide
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Refractories Industry
    Agriculture Industry
    Chemical Industry
    Construction Industry
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    RHI-Magnesita
    Magnezit Group
    SMZ Jelsava
    Martin Marietta Magnesia Specialties
    Kumas Magnesite Works
    Nedmag Industries
    Grecian Magnesite
    Navarras SA
    Primier Magnesia
    Baymag
    Industrias Penoles
    Ube Material Industries
    ICL Industrial
    Imerys
    Haicheng Houying Group
    Haicheng Magnesite Refractory
    Haicheng Huayu Group
    Jiachen Group
    Liaoning Jinding Magnesite
    Liaoning Wang Cheng Magnesium Group
    Qinghua Refractory Group
    Dashiqiao Huamei Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Magnesium Oxide consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Magnesium Oxide market by identifying its various subsegments.
    Focuses on the key global Magnesium Oxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Magnesium Oxide with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Magnesium Oxide submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Magnesium Oxide . Industry analysis & Market Report on  Magnesium Oxide  is a syndicated market report, published as Global Magnesium Oxide Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Magnesium Oxide  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.