Market Overview:
The global electrical grade fused magnesia market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high temperature products, medium temperature products, and low temperature products. In terms of type, FM 97 is expected to hold the largest share in the global electrical grade fused magnesia market during the forecast period. In terms of application, high temperature products are expected to hold the largest share in the global electrical grade fused magnesia market during the forecast period.
Product Definition:
An electrical grade fused magnesia is a type of magnesium oxide that has been specifically designed for use in electrical applications. This type of magnesia is typically used as an insulation material, and can help to improve the performance and safety of electrical equipment.
FM 97:
Fused Magnesia, also known as FM 97, is a type of high-grade fusable magnesia used in electrical applications. It has the ability to withstand high temperatures and thus can be used for insulation in electric circuits. The product finds application as insulators and firebrick linings in power cables, switchgears & circuit breakers among others.
The product is manufactured using special clay that contains magnesium sulfate along with other minerals such as silica sand.
FM 96:
Fused Magnesia is a type of ceramic material that has high electrical resistance and thermal conductivity. It can be used as an alternative to silicon in semiconductor devices, which makes it very important for the electrical industry.
FM 96 is one such product that finds its usage in various applications including power devices, electronic components & equipment, and insulators among others.
Application Insights:
Electrical grade fused magnesia is used in the manufacturing of various products such as high temperature products, medium temperature products and low temperature products. The demand for electrical grade fused magnesia in medium and low temperature applications is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its properties such as excellent thermal shock resistance, wear resistance, chemical stability and magnetic susceptibility.
The product finds application in the manufacture of glass transition temperatures ranging from 300°C to 3700°C which include super-heated steam generator (SHTG), high-pressure boilers (HPC), heavy oil recovery systems (HOR) power plants etc. HOR power plants are majorly constructed using FM 90 thus providing a lucrative market opportunity for electrical grade fused magnesia manufacturers over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. Increasing construction activities in these countries are likely to have a positive impact on industry growth over the next few years.
The growing automotive sector across Asia Pacific has led manufacturers of electrical equipment and components such as transformers, inductors and capacitors to shift their production bases in this region from developed regions such as North America and Europe. This trend is projected to continue over the coming years which will benefit product demand across this region significantly.
Europe accounted for a significant share of global revenue owing with high consumption levels of fuses coupled with stringent regulations pertaining safety standards by regulatory bodies like EMC2 (Electrical & Mechanical Components) directive 89/686/EEC (89/686/EEC) has driven industry growth within this regional segment.
Growth Factors:
- Growing demand from the steel and aluminum industries for use in deoxidation and desulfurization processes will drive the market growth.
- Increasing demand for magnesium oxide in refractory applications will propel the market growth.
- Rising demand for electrical grade fused magnesia from capacitor manufacturers is expected to boost the market growth over the forecast period.
- Growing investments in renewable energy projects, especially solar and wind power, will create opportunities for market players operating in this space over the next few years. 5) Stringent environmental regulations pertaining to emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) from various industrial sectors are likely to spur adoption of electrical grade fused magnesia as a deoxidizer/desulfurizer, thereby propelling market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Grade Fused Magnesia Market Research Report
By Type
FM 97, FM 96, FM 90
By Application
High Temperature Products, Medium Temperature Products, Low Temperature Products
By Companies
Imerys Fused Minerals, Industrias Penoles, Tateho, Kumas Manyezit Sanayi A.S., Liaoning Jinding Magnesite Group, Haicheng Magnesite, Magnezit Group, GRECIAN MAGNESITE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Grade Fused Magnesia Market Report Segments:
The global Electrical Grade Fused Magnesia market is segmented on the basis of:
Types
FM 97, FM 96, FM 90
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Temperature Products, Medium Temperature Products, Low Temperature Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Imerys Fused Minerals
- Industrias Penoles
- Tateho
- Kumas Manyezit Sanayi A.S.
- Liaoning Jinding Magnesite Group
- Haicheng Magnesite
- Magnezit Group
- GRECIAN MAGNESITE
Highlights of The Electrical Grade Fused Magnesia Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- FM 97
- FM 96
- FM 90
- By Application:
- High Temperature Products
- Medium Temperature Products
- Low Temperature Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Grade Fused Magnesia Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical grade fused magnesia is a type of insulation that is designed to protect electrical equipment from short-circuits and other electrical hazards. It is made from a combination of magnesium oxide and aluminum oxide, which are heated until they fuse together into magnesite. This material has high resistance to heat and electricity, making it ideal for use in areas where these two factors are important.
Some of the major players in the electrical grade fused magnesia market are Imerys Fused Minerals, Industrias Penoles, Tateho, Kumas Manyezit Sanayi A.S., Liaoning Jinding Magnesite Group, Haicheng Magnesite, Magnezit Group, GRECIAN MAGNESITE.
The electrical grade fused magnesia market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Grade Fused Magnesia Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electrical Grade Fused Magnesia Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Grade Fused Magnesia Market - Supply Chain
4.5. Global Electrical Grade Fused Magnesia Market Forecast
4.5.1. Electrical Grade Fused Magnesia Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Grade Fused Magnesia Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Grade Fused Magnesia Market Absolute $ Opportunity
5. Global Electrical Grade Fused Magnesia Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
5.3.1. FM 97
5.3.2. FM 96
5.3.3. FM 90
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Grade Fused Magnesia Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
6.3.1. High Temperature Products
6.3.2. Medium Temperature Products
6.3.3. Low Temperature Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Grade Fused Magnesia Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Grade Fused Magnesia Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Grade Fused Magnesia Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Grade Fused Magnesia Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Grade Fused Magnesia Demand Share Forecast, 2019-2026
9. North America Electrical Grade Fused Magnesia Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
9.4.1. High Temperature Products
9.4.2. Medium Temperature Products
9.4.3. Low Temperature Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
9.7.1. FM 97
9.7.2. FM 96
9.7.3. FM 90
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Grade Fused Magnesia Demand Share Forecast, 2019-2026
10. Latin America Electrical Grade Fused Magnesia Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
10.4.1. High Temperature Products
10.4.2. Medium Temperature Products
10.4.3. Low Temperature Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
10.7.1. FM 97
10.7.2. FM 96
10.7.3. FM 90
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Grade Fused Magnesia Demand Share Forecast, 2019-2026
11. Europe Electrical Grade Fused Magnesia Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Grade Fused Magnesia Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
11.4.1. High Temperature Products
11.4.2. Medium Temperature Products
11.4.3. Low Temperature Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
11.7.1. FM 97
11.7.2. FM 96
11.7.3. FM 90
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Grade Fused Magnesia Demand Share, 2019-2026
12. Asia Pacific Electrical Grade Fused Magnesia Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Grade Fused Magnesia Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
12.4.1. High Temperature Products
12.4.2. Medium Temperature Products
12.4.3. Low Temperature Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
12.7.1. FM 97
12.7.2. FM 96
12.7.3. FM 90
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Grade Fused Magnesia Demand Share, 2019-2026
13. Middle East & Africa Electrical Grade Fused Magnesia Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Grade Fused Magnesia Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Grade Fused Magnesia Market Size and Volume Forecast by Application
13.4.1. High Temperature Products
13.4.2. Medium Temperature Products
13.4.3. Low Temperature Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Grade Fused Magnesia Market Size and Volume Forecast by Type
13.7.1. FM 97
13.7.2. FM 96
13.7.3. FM 90
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Grade Fused Magnesia Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Grade Fused Magnesia Market: Market Share Analysis
14.2. Electrical Grade Fused Magnesia Distributors and Customers
14.3. Electrical Grade Fused Magnesia Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Imerys Fused Minerals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Industrias Penoles
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tateho
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kumas Manyezit Sanayi A.S.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Liaoning Jinding Magnesite Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Haicheng Magnesite
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Magnezit Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GRECIAN MAGNESITE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
