Market Overview:
The global household magnesium fireproof board 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 magnesium fireproof boards in various applications, such as interior decoration, exterior decoration, and others. In addition, the growing construction industry is also fueling the demand for magnesium fireproof boards across the globe.
Product Definition:
Household Magnesium Fireproof Board is a magnesium oxide board which can be used as a fireproof material. It has good fire resistance and insulation performance.
Thin:
The global thin is it's usage and growth factor in the household magnesium fireproof board market size was valued at USD 4.5 billion in 2015. The increasing demand for fire-resistant materials from various end-use industries such as construction, transportation, oil & gas, and electrical & electronics is expected to drive the industry over the forecast period.
Medium Thickness:
Medium thickness is the approximate range of thickness between 0.5 to 5mm and it's mainly used in magnesium fireproof boards. It has a wide range of applications such as construction, furniture, automotive ancillaries and packaging industries.
Application Insights:
The others application segment accounted for the largest revenue share of over 50% in 2017. The product is widely used in the construction industry to ensure safety and security of people living in high rise buildings. It is also used extensively as a component in fire protection systems, which are installed at various locations such as offices, banks, hospitals and educational institutions across the globe. Increasing preference for aesthetic designs coupled with growing construction activities globally has driven demand from this application segment over the recent past period.
Interior decoration was estimated as one of the major applications on account of rising awareness regarding decorative elements that impart aesthetics to homes and workplaces along with their functional requirements such as thermal insulation, soundproofing and fire protection among other benefits offered by them such as pleasing aesthetic appeal & enhanced property value among others.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2016 owing to increasing per capita income, growing population, rising living standards coupled with rapid urbanization and changing lifestyle. Increasing construction activities due to growing investments from foreign players are projected to propel demand for these boards in residential as well as commercial applications.
Europe was valued at USD X million in 2016 and is anticipated to witness steady growth over the forecast period on account of increasing use of magnesium fireproofing Boards for protection against fire spread across various industries including manufacturing, oil & gas, power generation etc.
Growth Factors:
- Increasing demand from the construction industry for fireproof boards as a substitute to traditional materials such as concrete and steel
- Rising awareness about the benefits of magnesium fireproof boards over other conventional materials
- Growing demand for magnesium fireproof boards in developing countries due to increasing construction activities
- Technological advancements in manufacturing processes that have resulted in improved quality and performance of magnesium fireproof boards
- Stringent government regulations mandating use of fire-resistant building materials in construction projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Household Magnesium Fireproof Board Market Research Report
By Type
Thin, Medium Thickness, Large Thickness
By Application
Interior Decoration, Exterior Decoration, Others
By Companies
Mago BP, Framecad, Magnastruct, MGO Board, Yunion, Hocreboard, Trusus, Huacheng, Evernice, Yulong, Onekin, Haian Futai
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Household Magnesium Fireproof Board Market Report Segments:
The global Household Magnesium Fireproof Board market is segmented on the basis of:
Types
Thin, Medium Thickness, Large Thickness
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
Interior Decoration, Exterior Decoration, Others
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:
- Mago BP
- Framecad
- Magnastruct
- MGO Board
- Yunion
- Hocreboard
- Trusus
- Huacheng
- Evernice
- Yulong
- Onekin
- Haian Futai
Highlights of The Household Magnesium Fireproof Board 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:
- Thin
- Medium Thickness
- Large Thickness
- By Application:
- Interior Decoration
- Exterior Decoration
- Others
- 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 Household Magnesium Fireproof Board 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?
Household magnesium fireproof board is a type of insulation board made from magnesium sheets that are bonded together with an adhesive. The boards are designed to be used in place of traditional insulation materials such as fiberglass, foam, or cellulose in walls and ceilings. They provide superior heat and sound insulation properties compared to other types of insulation, making them ideal for use in high-heat areas such as kitchens and bathrooms.
Some of the major companies in the household magnesium fireproof board market are Mago BP, Framecad, Magnastruct, MGO Board, Yunion, Hocreboard, Trusus, Huacheng, Evernice, Yulong, Onekin, Haian Futai.
The household magnesium fireproof board market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Household Magnesium Fireproof Board Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Household Magnesium Fireproof Board Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Household Magnesium Fireproof Board Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Household Magnesium Fireproof Board Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Household Magnesium Fireproof Board Market Size & Forecast, 2020-2028
4.5.1 Household Magnesium Fireproof Board Market Size and Y-o-Y Growth
4.5.2 Household Magnesium Fireproof Board Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Thin
5.2.2 Medium Thickness
5.2.3 Large Thickness
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Interior Decoration
6.2.2 Exterior Decoration
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Household Magnesium Fireproof Board Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Household Magnesium Fireproof Board Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Thin
9.6.2 Medium Thickness
9.6.3 Large Thickness
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Interior Decoration
9.10.2 Exterior Decoration
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Thin
10.6.2 Medium Thickness
10.6.3 Large Thickness
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Interior Decoration
10.10.2 Exterior Decoration
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Thin
11.6.2 Medium Thickness
11.6.3 Large Thickness
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Interior Decoration
11.10.2 Exterior Decoration
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Thin
12.6.2 Medium Thickness
12.6.3 Large Thickness
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Interior Decoration
12.10.2 Exterior Decoration
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Thin
13.6.2 Medium Thickness
13.6.3 Large Thickness
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Interior Decoration
13.10.2 Exterior Decoration
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Household Magnesium Fireproof Board Market: Competitive Dashboard
14.2 Global Household Magnesium Fireproof Board Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mago BP
14.3.2 Framecad
14.3.3 Magnastruct
14.3.4 MGO Board
14.3.5 Yunion
14.3.6 Hocreboard
14.3.7 Trusus
14.3.8 Huacheng
14.3.9 Evernice
14.3.10 Yulong
14.3.11 Onekin
14.3.12 Haian Futai
