The global magnesium diboride market is expected to grow at a CAGR of around 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for superconducting wire and thin films in various applications such as medical, energy, transportation, and science. The demand for superconducting wire is expected to increase due to its use in high-speed trains and magnetic levitation trains. Superconducting thin films are used in MRI machines which are used for imaging purposes.
- The global magnesium diboride market is expected to grow at a CAGR of 4.5% from 2017 to 2025.
- Increasing demand for magnesium diboride in the manufacturing of semiconductors and other electronic devices is expected to drive the growth of the global magnesium diboride market over the forecast period.
- The increasing use of magnesium diboride in various applications such as aerospace and defense, automotive, construction and infrastructure development is also expected to fuel the growth of this market over the forecast period.
- Increasing demand for lightweight materials in automobiles due to stringent emission norms has led manufacturers towards using magnesium diboride as an alternative material for manufacturing lightweight car parts such as engine blocks and chassis components which are used in automobiles across different regions including North America, Europe and Asia Pacific (APAC). This factor is anticipated to drive growth prospects for this market during the forecast period from 2017-2025 5) Increasing adoption rates of electric vehicles across different regions including North America, Europe and APAC are also anticipated to fuel demand for magnesium diboride over the next few years.
Industry Growth Insights published a new data on “Magnesium Diboride Market”. The research report is titled “Magnesium Diboride Market research by Types (Superconducting wire, Superconducting thin films), By Applications (Superconducting wire, Superconducting thin films, Medical, Energy, Transportation, Science), By Players/Companies Materion Corporation, Stanford Advanced Materials, ESPI, READE, Baoding Pengda, Luoyang Tongrun, Shanghai Longjin Metallic”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Diboride Market Research Report
By Type
Superconducting wire, Superconducting thin films
By Application
Superconducting wire, Superconducting thin films, Medical, Energy, Transportation, Science
By Companies
Materion Corporation, Stanford Advanced Materials, ESPI, READE, Baoding Pengda, Luoyang Tongrun, Shanghai Longjin Metallic
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Diboride Market Report Segments:
The global Magnesium Diboride market is segmented on the basis of:
Types
Superconducting wire, Superconducting thin films
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
Superconducting wire, Superconducting thin films, Medical, Energy, Transportation, Science
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:
- Materion Corporation
- Stanford Advanced Materials
- ESPI
- READE
- Baoding Pengda
- Luoyang Tongrun
- Shanghai Longjin Metallic
Highlights of The Magnesium Diboride 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:
- Superconducting wire
- Superconducting thin films
- By Application:
- Superconducting wire
- Superconducting thin films
- Medical
- Energy
- Transportation
- Science
- 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 Magnesium Diboride 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?
Magnesium diboride is a compound with the chemical formula MgB2. It is a white, crystalline solid that has a Mohs hardness of 7. Magnesium diboride is used in electronic and optical applications because of its low reactivity and high thermal stability.
Some of the major companies in the magnesium diboride market are Materion Corporation, Stanford Advanced Materials, ESPI, READE, Baoding Pengda, Luoyang Tongrun, Shanghai Longjin Metallic.
The magnesium diboride market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnesium Diboride 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. Magnesium Diboride Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnesium Diboride Market - Supply Chain
4.5. Global Magnesium Diboride Market Forecast
4.5.1. Magnesium Diboride Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnesium Diboride Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnesium Diboride Market Absolute $ Opportunity
5. Global Magnesium Diboride 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. Magnesium Diboride Market Size and Volume Forecast by Type
5.3.1. Superconducting wire
5.3.2. Superconducting thin films
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnesium Diboride 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. Magnesium Diboride Market Size and Volume Forecast by Application
6.3.1. Superconducting wire
6.3.2. Superconducting thin films
6.3.3. Medical
6.3.4. Energy
6.3.5. Transportation
6.3.6. Science
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnesium Diboride 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. Magnesium Diboride 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 Magnesium Diboride 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. Magnesium Diboride 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 Magnesium Diboride Demand Share Forecast, 2019-2026
9. North America Magnesium Diboride 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 Magnesium Diboride 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 Magnesium Diboride Market Size and Volume Forecast by Application
9.4.1. Superconducting wire
9.4.2. Superconducting thin films
9.4.3. Medical
9.4.4. Energy
9.4.5. Transportation
9.4.6. Science
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnesium Diboride Market Size and Volume Forecast by Type
9.7.1. Superconducting wire
9.7.2. Superconducting thin films
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 Magnesium Diboride Demand Share Forecast, 2019-2026
10. Latin America Magnesium Diboride 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 Magnesium Diboride 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 Magnesium Diboride Market Size and Volume Forecast by Application
10.4.1. Superconducting wire
10.4.2. Superconducting thin films
10.4.3. Medical
10.4.4. Energy
10.4.5. Transportation
10.4.6. Science
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnesium Diboride Market Size and Volume Forecast by Type
10.7.1. Superconducting wire
10.7.2. Superconducting thin films
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 Magnesium Diboride Demand Share Forecast, 2019-2026
11. Europe Magnesium Diboride 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 Magnesium Diboride 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 Magnesium Diboride Market Size and Volume Forecast by Application
11.4.1. Superconducting wire
11.4.2. Superconducting thin films
11.4.3. Medical
11.4.4. Energy
11.4.5. Transportation
11.4.6. Science
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnesium Diboride Market Size and Volume Forecast by Type
11.7.1. Superconducting wire
11.7.2. Superconducting thin films
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 Magnesium Diboride Demand Share, 2019-2026
12. Asia Pacific Magnesium Diboride 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 Magnesium Diboride 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 Magnesium Diboride Market Size and Volume Forecast by Application
12.4.1. Superconducting wire
12.4.2. Superconducting thin films
12.4.3. Medical
12.4.4. Energy
12.4.5. Transportation
12.4.6. Science
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnesium Diboride Market Size and Volume Forecast by Type
12.7.1. Superconducting wire
12.7.2. Superconducting thin films
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 Magnesium Diboride Demand Share, 2019-2026
13. Middle East & Africa Magnesium Diboride 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 Magnesium Diboride 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 Magnesium Diboride Market Size and Volume Forecast by Application
13.4.1. Superconducting wire
13.4.2. Superconducting thin films
13.4.3. Medical
13.4.4. Energy
13.4.5. Transportation
13.4.6. Science
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnesium Diboride Market Size and Volume Forecast by Type
13.7.1. Superconducting wire
13.7.2. Superconducting thin films
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 Magnesium Diboride Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnesium Diboride Market: Market Share Analysis
14.2. Magnesium Diboride Distributors and Customers
14.3. Magnesium Diboride Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Materion Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stanford Advanced Materials
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ESPI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. READE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Baoding Pengda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Luoyang Tongrun
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 Longjin Metallic
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
