Market Overview:
The global magnesia powder for welding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Magnesia powder for welding is used in various applications such as submerged arc welding and welding electrode. The growth of the global magnesia powder for welding market can be attributed to the increasing demand from end-use industries, such as automotive, construction, and energy & power. In addition, the growing demand for magnesium alloys in various end-use industries is also fueling the growth of the global magnesia powder for welding market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A welding flux is a substance that is used to make the weld area more fluid and to protect the weld from contamination. Magnesia powder is a type of welding flux that contains magnesium oxide. It helps to produce a strong, smooth weld and it also protects the weld from corrosion.
MgO:
Magnesium oxide, commonly known as MgO or magnesia, is a mineral. It has chemical formula (Mg2(OH)3). It occurs in nature as the ore of magnesium. The product is commercially available in two forms including solid and liquid. Solid form can be manufactured using several techniques such as flotation, panning, and leaching; whereas liquid form can be produced by fractional crystallization or winnowing method.
low Iron:
Iron is an essential mineral for the growth of plants. However, in very small quantities, it is a toxic element for human beings and other organisms. Iron deficiency in humans can be caused by poor diet or blood loss as well as from certain diseases such as anemia (low red blood cells) or hemochromatosis (excessive absorption of iron). Anemia is one of the most common nutritional deficiencies among women across the world.
Application Insights:
Magnesia powder is used in submerged arc welding as it helps in controlling spatter and slag formation. In addition, it reduces the tendency of oxides to form on the surface of metal surfaces during welding. The product also helps in improving fusion by increasing the melting point of metals.
The magnesium oxide-based products are majorly used for gas shielded and open heartharc welding processes due to their ability to control spatter formation and reduce slag generation during these processes. It has a high preference for use with carbon steel, low alloyed steels, stainless steel, & aluminum alloys & their respective blends as well as non-alloyed & hardened steel substrates such as pipe walls & bars etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for the product over the forecast period. The growth of this region can be attributed to increasing industrialization and rising demand for magnesium products in various applications including construction, aerospace, marine, automotive and energy industries.
The growing manufacturing sector in developing countries such as China and India coupled with increasing foreign investments is likely to boost industrial activities across these regions which will further drive demand over the next eight years. In addition, rising awareness regarding safety during welding operations coupled with stringent regulations by regulatory bodies such as OSHA & ANSI are projected to propel market growth over the coming years.
Growth Factors:
- Increasing demand for magnesium alloys in the automotive and aerospace industries due to their high strength-to-weight ratios.
- Growing popularity of Mg welding as a cost-effective and environmentally friendly alternative to traditional welding processes.
- Rising demand for magnesia powder from the construction sector, owing to its superior insulation properties.
- Increasing use of magnesia powder in medical implants and other biomedical applications due to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesia Powder for Welding Market Research Report
By Type
MgO, low Iron, Calcium, Sulfur, Others
By Application
Submerged Arc Welding, Welding Elctrode
By Companies
KUMAS, Grecian Magnesite, Possehl Erzkontor, TERNA MAG, Kumas, Star Grace Mining, Sibelco, Mannekus, Magnezit G, Reade Advanced Materials, KUMAS
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Magnesia Powder for Welding Market Report Segments:
The global Magnesia Powder for Welding market is segmented on the basis of:
Types
MgO, low Iron, Calcium, Sulfur, Others
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
Submerged Arc Welding, Welding Elctrode
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:
- KUMAS
- Grecian Magnesite
- Possehl Erzkontor
- TERNA MAG
- Kumas
- Star Grace Mining
- Sibelco
- Mannekus
- Magnezit G
- Reade Advanced Materials
- KUMAS
Highlights of The Magnesia Powder for Welding 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:
- MgO
- low Iron
- Calcium
- Sulfur
- Others
- By Application:
- Submerged Arc Welding
- Welding Elctrode
- 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 Magnesia Powder for Welding 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?
Magnesia powder is a filler material used in welding to help reduce heat distortion and improve the flow of molten metal.
Some of the major players in the magnesia powder for welding market are KUMAS, Grecian Magnesite, Possehl Erzkontor, TERNA MAG, Kumas, Star Grace Mining, Sibelco, Mannekus, Magnezit G, Reade Advanced Materials, KUMAS.
The magnesia powder for welding 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 Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnesia Powder for Welding 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 Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size & Forecast, 2018-2028
4.5.1 Magnesia Powder for Welding Market Size and Y-o-Y Growth
4.5.2 Magnesia Powder for Welding Market Absolute $ Opportunity
Chapter 5 Global Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Type
5.2.1 MgO
5.2.2 low Iron
5.2.3 Calcium
5.2.4 Sulfur
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Applications
6.2.1 Submerged Arc Welding
6.2.2 Welding Elctrode
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesia Powder for Welding 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 Magnesia Powder for Welding 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 Magnesia Powder for Welding Analysis and Forecast
9.1 Introduction
9.2 North America Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Type
9.6.1 MgO
9.6.2 low Iron
9.6.3 Calcium
9.6.4 Sulfur
9.6.5 Others
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 Magnesia Powder for Welding Market Size Forecast by Applications
9.10.1 Submerged Arc Welding
9.10.2 Welding Elctrode
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 Magnesia Powder for Welding Analysis and Forecast
10.1 Introduction
10.2 Europe Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Type
10.6.1 MgO
10.6.2 low Iron
10.6.3 Calcium
10.6.4 Sulfur
10.6.5 Others
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 Magnesia Powder for Welding Market Size Forecast by Applications
10.10.1 Submerged Arc Welding
10.10.2 Welding Elctrode
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 Magnesia Powder for Welding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Type
11.6.1 MgO
11.6.2 low Iron
11.6.3 Calcium
11.6.4 Sulfur
11.6.5 Others
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 Magnesia Powder for Welding Market Size Forecast by Applications
11.10.1 Submerged Arc Welding
11.10.2 Welding Elctrode
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 Magnesia Powder for Welding Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnesia Powder for Welding 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 Magnesia Powder for Welding Market Size Forecast by Type
12.6.1 MgO
12.6.2 low Iron
12.6.3 Calcium
12.6.4 Sulfur
12.6.5 Others
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 Magnesia Powder for Welding Market Size Forecast by Applications
12.10.1 Submerged Arc Welding
12.10.2 Welding Elctrode
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) Magnesia Powder for Welding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnesia Powder for Welding 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) Magnesia Powder for Welding Market Size Forecast by Type
13.6.1 MgO
13.6.2 low Iron
13.6.3 Calcium
13.6.4 Sulfur
13.6.5 Others
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) Magnesia Powder for Welding Market Size Forecast by Applications
13.10.1 Submerged Arc Welding
13.10.2 Welding Elctrode
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 Magnesia Powder for Welding Market: Competitive Dashboard
14.2 Global Magnesia Powder for Welding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KUMAS
14.3.2 Grecian Magnesite
14.3.3 Possehl Erzkontor
14.3.4 TERNA MAG
14.3.5 Kumas
14.3.6 Star Grace Mining
14.3.7 Sibelco
14.3.8 Mannekus
14.3.9 Magnezit G
14.3.10 Reade Advanced Materials
14.3.11 KUMAS
