Market Overview:
The global magnesium oxide market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for magnesium oxide from various applications such as refractories, agriculture, chemical, construction and other industries. Magnesium oxide is used as a raw material in the production of various products such as insulation materials, fertilizers and pigments. It also finds application in the manufacturing of glass fibers and ceramics.
Product Definition:
A white solid mineral that is a basic flux in glassmaking and ceramics. Magnesium oxide is also the main component of fire bricks.
Dead-Burned Magnesium Oxide (DBM):
Magnesium oxide is a mineral, which is primarily found in the earth's crust. It has a characteristic bright white color and occurs in crystalline form. Magnesium oxide is insoluble in water and hence it can be used as an ingredient for various products such as toothpaste, cosmetics, etc. However, magnesium oxide when burnt with oxygen produces magnesium metal and carbon dioxide along with some other gases which have a characteristic sweet odor similar to that of garlic or rotten eggs.
Fused Magnesium Oxide (FM):
Fused magnesium oxide (FM) is a type of magnesium oxide which has been processed in such a way that the individual crystals are linked together by fusing them. The product is commercially available in two forms including powder and block. It can be utilized as an additive for paints & coatings, plastics, rubber products, and paper manufacturing industries among others.
Application Insights:
The refractory industry was the largest application segment in 2017, accounting for over 50% of the global magnesium oxide market. The growth can be attributed to increasing demand from construction and automotive industries for manufacturing durable products that are capable of withstanding high temperatures.
Magnesium oxide-based products are used as a raw material in several applications including fertilizers, paper mills, glass fiber production and water treatment plants. Water treatment is expected to be one of the fastest growing segments over the forecast period owing to its ability to remove various contaminants such as calcium carbonate, calcium sulfate, silica sand etc., from water using physical properties such as density and specific gravity.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising magnesium oxide production in China, India, Japan, Australia and South Korea. Asia Pacific is also projected to be one of the fastest-growing markets for magnesium oxide with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization coupled with growing population and rapid urbanization across countries such as China, India Indonesia, Thailand Vietnam among others will drive regional demand for magnesite including raw material calcined magnesia as well as DBM and FM grades over the forecast period.
Growth Factors:
- Increasing demand from the construction industry for Magnesium Oxide as a cement additive and insulation material is expected to drive the market growth.
- Growing demand for Magnesium Oxide in various end-use industries such as automotive, medical, and food & beverage is anticipated to boost the market growth over the forecast period.
- Rising awareness about health benefits of magnesium oxide is projected to fuel its demand in dietary supplements and pharmaceuticals over the next few years.
- Increasing use of magnesium oxide in agriculture sector for soil amendment is likely to create new opportunities for market players during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Oxide Market Research Report
By Type
Dead-Burned Magnesium Oxide (DBM), Fused Magnesium Oxide (FM), Caustic Calcined Magnesium Oxide (CCM), Synthetic Magnesium Oxide
By Application
Refractories Industry, Agriculture Industry, Chemical Industry, Construction Industry, Other
By Companies
RHI-Magnesita, Magnezit Group, SMZ Jelsava, Martin Marietta Magnesia Specialties, Kumas Magnesite Works, Nedmag Industries, Grecian Magnesite, Navarras SA, Primier Magnesia, Baymag, Industrias Penoles, Ube Material Industries, ICL Industrial, Imerys, Haicheng Houying Group, Haicheng Magnesite Refractory, Haicheng Huayu Group, Jiachen Group, Liaoning Jinding Magnesite, Liaoning Wang Cheng Magnesium Group, Qinghua Refractory Group, Dashiqiao Huamei Group
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Oxide Market Report Segments:
The global Magnesium Oxide market is segmented on the basis of:
Types
Dead-Burned Magnesium Oxide (DBM), Fused Magnesium Oxide (FM), Caustic Calcined Magnesium Oxide (CCM), Synthetic Magnesium Oxide
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
Refractories Industry, Agriculture Industry, Chemical Industry, Construction Industry, Other
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:
- RHI-Magnesita
- Magnezit Group
- SMZ Jelsava
- Martin Marietta Magnesia Specialties
- Kumas Magnesite Works
- Nedmag Industries
- Grecian Magnesite
- Navarras SA
- Primier Magnesia
- Baymag
- Industrias Penoles
- Ube Material Industries
- ICL Industrial
- Imerys
- Haicheng Houying Group
- Haicheng Magnesite Refractory
- Haicheng Huayu Group
- Jiachen Group
- Liaoning Jinding Magnesite
- Liaoning Wang Cheng Magnesium Group
- Qinghua Refractory Group
- Dashiqiao Huamei Group
Highlights of The 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:
- Dead-Burned Magnesium Oxide (DBM)
- Fused Magnesium Oxide (FM)
- Caustic Calcined Magnesium Oxide (CCM)
- Synthetic Magnesium Oxide
- By Application:
- Refractories Industry
- Agriculture Industry
- Chemical Industry
- Construction Industry
- Other
- 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 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?
Magnesium oxide is a white, odorless, and tasteless powder that is used as an antacid. It can also be used to treat magnesium deficiency.
Some of the key players operating in the magnesium oxide market are RHI-Magnesita, Magnezit Group, SMZ Jelsava, Martin Marietta Magnesia Specialties, Kumas Magnesite Works, Nedmag Industries, Grecian Magnesite, Navarras SA, Primier Magnesia, Baymag, Industrias Penoles, Ube Material Industries, ICL Industrial, Imerys, Haicheng Houying Group, Haicheng Magnesite Refractory, Haicheng Huayu Group, Jiachen Group, Liaoning Jinding Magnesite, Liaoning Wang Cheng Magnesium Group, Qinghua Refractory Group, Dashiqiao Huamei Group.
The magnesium oxide market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Magnesium Oxide Market - Supply Chain
4.5. Global Magnesium Oxide Market Forecast
4.5.1. Magnesium Oxide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnesium Oxide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnesium Oxide Market Absolute $ Opportunity
5. Global 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. Magnesium Oxide Market Size and Volume Forecast by Type
5.3.1. Dead-Burned Magnesium Oxide (DBM)
5.3.2. Fused Magnesium Oxide (FM)
5.3.3. Caustic Calcined Magnesium Oxide (CCM)
5.3.4. Synthetic Magnesium Oxide
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Magnesium Oxide Market Size and Volume Forecast by Application
6.3.1. Refractories Industry
6.3.2. Agriculture Industry
6.3.3. Chemical Industry
6.3.4. Construction Industry
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Magnesium Oxide Demand Share Forecast, 2019-2026
9. North America 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 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 Magnesium Oxide Market Size and Volume Forecast by Application
9.4.1. Refractories Industry
9.4.2. Agriculture Industry
9.4.3. Chemical Industry
9.4.4. Construction Industry
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnesium Oxide Market Size and Volume Forecast by Type
9.7.1. Dead-Burned Magnesium Oxide (DBM)
9.7.2. Fused Magnesium Oxide (FM)
9.7.3. Caustic Calcined Magnesium Oxide (CCM)
9.7.4. Synthetic Magnesium Oxide
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 Oxide Demand Share Forecast, 2019-2026
10. Latin America 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 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 Magnesium Oxide Market Size and Volume Forecast by Application
10.4.1. Refractories Industry
10.4.2. Agriculture Industry
10.4.3. Chemical Industry
10.4.4. Construction Industry
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnesium Oxide Market Size and Volume Forecast by Type
10.7.1. Dead-Burned Magnesium Oxide (DBM)
10.7.2. Fused Magnesium Oxide (FM)
10.7.3. Caustic Calcined Magnesium Oxide (CCM)
10.7.4. Synthetic Magnesium Oxide
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 Oxide Demand Share Forecast, 2019-2026
11. Europe 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 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 Magnesium Oxide Market Size and Volume Forecast by Application
11.4.1. Refractories Industry
11.4.2. Agriculture Industry
11.4.3. Chemical Industry
11.4.4. Construction Industry
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnesium Oxide Market Size and Volume Forecast by Type
11.7.1. Dead-Burned Magnesium Oxide (DBM)
11.7.2. Fused Magnesium Oxide (FM)
11.7.3. Caustic Calcined Magnesium Oxide (CCM)
11.7.4. Synthetic Magnesium Oxide
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 Oxide Demand Share, 2019-2026
12. Asia Pacific 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 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 Magnesium Oxide Market Size and Volume Forecast by Application
12.4.1. Refractories Industry
12.4.2. Agriculture Industry
12.4.3. Chemical Industry
12.4.4. Construction Industry
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnesium Oxide Market Size and Volume Forecast by Type
12.7.1. Dead-Burned Magnesium Oxide (DBM)
12.7.2. Fused Magnesium Oxide (FM)
12.7.3. Caustic Calcined Magnesium Oxide (CCM)
12.7.4. Synthetic Magnesium Oxide
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 Oxide Demand Share, 2019-2026
13. Middle East & Africa 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 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 Magnesium Oxide Market Size and Volume Forecast by Application
13.4.1. Refractories Industry
13.4.2. Agriculture Industry
13.4.3. Chemical Industry
13.4.4. Construction Industry
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnesium Oxide Market Size and Volume Forecast by Type
13.7.1. Dead-Burned Magnesium Oxide (DBM)
13.7.2. Fused Magnesium Oxide (FM)
13.7.3. Caustic Calcined Magnesium Oxide (CCM)
13.7.4. Synthetic Magnesium Oxide
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 Oxide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnesium Oxide Market: Market Share Analysis
14.2. Magnesium Oxide Distributors and Customers
14.3. Magnesium Oxide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. RHI-Magnesita
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Magnezit Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SMZ Jelsava
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Martin Marietta Magnesia Specialties
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kumas Magnesite Works
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nedmag Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grecian Magnesite
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Navarras SA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Primier Magnesia
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Baymag
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Industrias Penoles
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ube Material Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ICL Industrial
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Imerys
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Haicheng Houying Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Haicheng Magnesite Refractory
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Haicheng Huayu Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Jiachen Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Liaoning Jinding Magnesite
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Liaoning Wang Cheng Magnesium Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
