The global light magnesium oxide market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for light magnesium oxide in various industries such as metallurgical industry, rubber industry, pharmaceutical industry, food industry and plastic industry. Light magnesium oxide is used as an additive in various products such as paints and coatings, plastics and adhesives due to its high purity level and low cost.
The global light magnesium oxide market has been segmented on the basis of type into food grade, industrial grade and pharmaceutical grade; on the basis of application into metallurgical industry, rubber industry, pharmaceuticals sector (pharmaceuticals manufacturing), food & beverage sector (food processing), chemical sector (chemical manufacturing) and others; on the basis of region into North America (US, Canada), Latin America (Brazil), Europe (Germany), Asia Pacific excluding Japan (China) and Middle East & Africa; with forecasts from 2016-2021 through 2030 for each segmented region/country mentioned above.
Some Of The Growth Factors Of This Market:
- Increasing demand for magnesium oxide in construction industry is expected due to its use as an additive in concrete mixtures which helps reduce the weight of concrete while maintaining its strength and durability properties, thereby reducing transportation costs associated with heavy concrete materials.
- Increasing demand for magnesium oxide in automotive industry is expected due to its use as an additive in brake pads which helps reduce wear on brake pads while maintaining their effectiveness at slowing down vehicles during braking process thereby reducing maintenance costs associated with replacing worn out brake pads more frequently than necessary.
Industry Growth Insights published a new data on “Light Magnesium Oxide Market”. The research report is titled “Light Magnesium Oxide Market research by Types (Food Grade, Industrial Grade, Pharmaceutical Grade, Others), By Applications (Metallurgical Industry, Rubber Industry, Pharmaceutical Industry, Food Industry, Plastic Industry, Chemical Industry, Others), By Players/Companies Richard Baker Harrison Ltd, Konoshima Chemical Co.,Ltd, Tateho Chemical Industries Co, Gongyi Qianghong Magnesium Technology Co., Ltd, Meishen Technology Co.,LTD., Yixing City Chengzhi Chemical Co, Shanghai Yuejiang Titanium Chemical Manufacturer Co”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Magnesium Oxide Market Research Report
By Type
Food Grade, Industrial Grade, Pharmaceutical Grade, Others
By Application
Metallurgical Industry, Rubber Industry, Pharmaceutical Industry, Food Industry, Plastic Industry, Chemical Industry, Others
By Companies
Richard Baker Harrison Ltd, Konoshima Chemical Co.,Ltd, Tateho Chemical Industries Co, Gongyi Qianghong Magnesium Technology Co., Ltd, Meishen Technology Co.,LTD., Yixing City Chengzhi Chemical Co, Shanghai Yuejiang Titanium Chemical Manufacturer Co
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Light Magnesium Oxide Market Report Segments:
The global Light Magnesium Oxide market is segmented on the basis of:
Types
Food Grade, Industrial Grade, Pharmaceutical Grade, 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
Metallurgical Industry, Rubber Industry, Pharmaceutical Industry, Food Industry, Plastic Industry, Chemical Industry, 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:
- Richard Baker Harrison Ltd
- Konoshima Chemical Co.,Ltd
- Tateho Chemical Industries Co
- Gongyi Qianghong Magnesium Technology Co., Ltd
- Meishen Technology Co.,LTD.
- Yixing City Chengzhi Chemical Co
- Shanghai Yuejiang Titanium Chemical Manufacturer Co
Highlights of The Light Magnesium Oxide 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:
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Others
- By Application:
- Metallurgical Industry
- Rubber Industry
- Pharmaceutical Industry
- Food Industry
- Plastic Industry
- Chemical Industry
- 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 Light Magnesium Oxide 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?
Light magnesium oxide is a white, odorless powder that is used as an additive in food and cosmetics. It helps to improve the appearance of skin by providing a natural lightening effect.
Some of the major companies in the light magnesium oxide market are Richard Baker Harrison Ltd, Konoshima Chemical Co.,Ltd, Tateho Chemical Industries Co, Gongyi Qianghong Magnesium Technology Co., Ltd, Meishen Technology Co.,LTD., Yixing City Chengzhi Chemical Co, Shanghai Yuejiang Titanium Chemical Manufacturer Co.
The light magnesium oxide market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Light Magnesium Oxide 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. Light Magnesium Oxide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light Magnesium Oxide Market - Supply Chain
4.5. Global Light Magnesium Oxide Market Forecast
4.5.1. Light Magnesium Oxide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light Magnesium Oxide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light Magnesium Oxide Market Absolute $ Opportunity
5. Global Light Magnesium Oxide 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. Light Magnesium Oxide Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Industrial Grade
5.3.3. Pharmaceutical Grade
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Light Magnesium Oxide 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. Light Magnesium Oxide Market Size and Volume Forecast by Application
6.3.1. Metallurgical Industry
6.3.2. Rubber Industry
6.3.3. Pharmaceutical Industry
6.3.4. Food Industry
6.3.5. Plastic Industry
6.3.6. Chemical Industry
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Light Magnesium Oxide 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. Light Magnesium Oxide 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 Light Magnesium Oxide 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. Light Magnesium Oxide 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 Light Magnesium Oxide Demand Share Forecast, 2019-2026
9. North America Light Magnesium Oxide 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 Light Magnesium Oxide 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 Light Magnesium Oxide Market Size and Volume Forecast by Application
9.4.1. Metallurgical Industry
9.4.2. Rubber Industry
9.4.3. Pharmaceutical Industry
9.4.4. Food Industry
9.4.5. Plastic Industry
9.4.6. Chemical Industry
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Light Magnesium Oxide Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Industrial Grade
9.7.3. Pharmaceutical Grade
9.7.4. Others
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 Light Magnesium Oxide Demand Share Forecast, 2019-2026
10. Latin America Light Magnesium Oxide 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 Light Magnesium Oxide 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 Light Magnesium Oxide Market Size and Volume Forecast by Application
10.4.1. Metallurgical Industry
10.4.2. Rubber Industry
10.4.3. Pharmaceutical Industry
10.4.4. Food Industry
10.4.5. Plastic Industry
10.4.6. Chemical Industry
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Light Magnesium Oxide Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Industrial Grade
10.7.3. Pharmaceutical Grade
10.7.4. Others
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 Light Magnesium Oxide Demand Share Forecast, 2019-2026
11. Europe Light Magnesium Oxide 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 Light Magnesium Oxide 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 Light Magnesium Oxide Market Size and Volume Forecast by Application
11.4.1. Metallurgical Industry
11.4.2. Rubber Industry
11.4.3. Pharmaceutical Industry
11.4.4. Food Industry
11.4.5. Plastic Industry
11.4.6. Chemical Industry
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Light Magnesium Oxide Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Industrial Grade
11.7.3. Pharmaceutical Grade
11.7.4. Others
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 Light Magnesium Oxide Demand Share, 2019-2026
12. Asia Pacific Light Magnesium Oxide 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 Light Magnesium Oxide 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 Light Magnesium Oxide Market Size and Volume Forecast by Application
12.4.1. Metallurgical Industry
12.4.2. Rubber Industry
12.4.3. Pharmaceutical Industry
12.4.4. Food Industry
12.4.5. Plastic Industry
12.4.6. Chemical Industry
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Light Magnesium Oxide Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Industrial Grade
12.7.3. Pharmaceutical Grade
12.7.4. Others
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 Light Magnesium Oxide Demand Share, 2019-2026
13. Middle East & Africa Light Magnesium Oxide 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 Light Magnesium Oxide 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 Light Magnesium Oxide Market Size and Volume Forecast by Application
13.4.1. Metallurgical Industry
13.4.2. Rubber Industry
13.4.3. Pharmaceutical Industry
13.4.4. Food Industry
13.4.5. Plastic Industry
13.4.6. Chemical Industry
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Light Magnesium Oxide Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Industrial Grade
13.7.3. Pharmaceutical Grade
13.7.4. Others
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 Light Magnesium Oxide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light Magnesium Oxide Market: Market Share Analysis
14.2. Light Magnesium Oxide Distributors and Customers
14.3. Light Magnesium Oxide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Richard Baker Harrison Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Konoshima Chemical Co.,Ltd
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 Chemical Industries Co
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gongyi Qianghong Magnesium Technology Co., Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Meishen Technology Co.,LTD.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yixing City Chengzhi Chemical Co
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shanghai Yuejiang Titanium Chemical Manufacturer Co
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
