Market Overview:
The global magnesium raw materials 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 alloys and composites in various end-use industries, such as automotive, aerospace, and defense. In addition, the growing demand for magnesia products in the construction industry is also contributing to the growth of this market. Based on type, phanerocrystalline magnesite accounted for a major share of the global magnesium raw materials market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high purity and superior properties compared with other types of magnesite minerals.
Product Definition:
Magnesium Raw Materials is an inorganic compound that is used as a component of various alloys. It has a very low reactivity and is corrosion resistant, making it ideal for use in marine applications. Magnesium also has a high melting point, making it suitable for use in high-temperature applications.
Phanerocrystalline magnesite:
phanerocrystalline magnesite is a mineral, which occurs in combination with other minerals such as quartz and moganite. It has a composition of potassium (K), sodium (Na), and magnesium (Mg). The chemical formula of the product is K(Mg)SiO2. It usually occurs in masses or granular form, but also can be found in powder form.
Cryptocrystalline magnesite:
Cryptocrystalline Magnesite is a type of Magnesium carbonate (MgCO3) that has undergone complete crystallization. It usually contains 100% magnesium and is produced from high purity calcium carbonate. It has the highest magnesium content among all commercial Mg products, ranging from 90%-99%.
It can be used as an alternative to other Mg products such as dolomite and marble for applications where high-purity Mg is required.
Application Insights:
Magnesium raw materials are used for the production of a variety of products including dead-burned magnesia, fumed magnesia, caustic-calcined magnesia, fused or electrofused magnesium metal and others. The other applications include magnesium oxide and hydroxide slurry, water gas shift material (MgO), fertilizers (NMG) and pulp & paper.
The demand for magnesium raw materials is expected to be driven by its usage in various applications such as dead-burned magnesia; Caustic calcined Magnesium Metal; Fused or Electro fusion Magnesium Metal; Others such as MgO & H2O Shift Material (Gases), Water Gas Shift Material (Fluid) and Pulp & Paper Chemicals among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.2% in 2017, which can be attributed to rising product demand from key industries including construction, automotive, packaging and electrical & electronics among others.
The growth of end-use industries coupled with increasing investments by domestic as well as foreign players is anticipated to drive industry expansion over the coming years. In addition, favorable government policies regarding infrastructure development are projected to propel product consumption across Asia Pacific magnesite raw materials market participants over the next eight years.
China emerged as a major consumer owing high production volume along with other factors such as low labor cost and easy availability of land space for industrial establishment etc., thereby driving regional growth during this period (2018 - 2030). However, recent trade tensions between China and U.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electronics
- Growing awareness about the benefits of magnesium among consumers
- Rising investments by key players in research and development activities to develop new applications for magnesium raw materials
- Expansion of manufacturing capacities by key players to cater to the increasing demand for magnesium raw materials globally
- Technological advancements that have led to the development of innovative products containing magnesium
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Raw Materials Market Research Report
By Type
Phanerocrystalline magnesite, Cryptocrystalline magnesite
By Application
Dead-burned magnesia, Caustic-calcined magnesia, Fused or electrofused magnesia, Others
By Companies
GRECIAN MAGNESITE, Calix, Queensland Magnesia Pty. Ltd., Baymag, RHI Magnesita, Magnezit Group, Ramakrishna Magnesite Mines, Haicheng Magnesite, Liaoning Jinding Magnesite Group, Liaoning Wancheng Magnesium group, Liaoning BeiHai Industries Group, Houying Group, Xiyang Group, Magnezit Group JSC, Russian Mining Chemical, Garrison Minerals, Premier Magnesia, Dandong Jinyuan, Dandong Xinyang, Dandong C.L.M., Dandong Yongfeng, Dandong Xinda, Shanxi Tianbao
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 Magnesium Raw Materials Market Report Segments:
The global Magnesium Raw Materials market is segmented on the basis of:
Types
Phanerocrystalline magnesite, Cryptocrystalline magnesite
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
Dead-burned magnesia, Caustic-calcined magnesia, Fused or electrofused magnesia, 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:
- GRECIAN MAGNESITE
- Calix
- Queensland Magnesia Pty. Ltd.
- Baymag
- RHI Magnesita
- Magnezit Group
- Ramakrishna Magnesite Mines
- Haicheng Magnesite
- Liaoning Jinding Magnesite Group
- Liaoning Wancheng Magnesium group
- Liaoning BeiHai Industries Group
- Houying Group
- Xiyang Group
- Magnezit Group JSC
- Russian Mining Chemical
- Garrison Minerals
- Premier Magnesia
- Dandong Jinyuan
- Dandong Xinyang
- Dandong C.L.M.
- Dandong Yongfeng
- Dandong Xinda
- Shanxi Tianbao
Highlights of The Magnesium Raw Materials 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:
- Phanerocrystalline magnesite
- Cryptocrystalline magnesite
- By Application:
- Dead-burned magnesia
- Caustic-calcined magnesia
- Fused or electrofused magnesia
- 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 Magnesium Raw Materials 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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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 raw materials are the by-products of magnesium production. These materials can include magnesium oxide, magnesium carbonate, and other minerals.
Some of the major companies in the magnesium raw materials market are GRECIAN MAGNESITE, Calix, Queensland Magnesia Pty. Ltd., Baymag, RHI Magnesita, Magnezit Group, Ramakrishna Magnesite Mines, Haicheng Magnesite, Liaoning Jinding Magnesite Group, Liaoning Wancheng Magnesium group, Liaoning BeiHai Industries Group, Houying Group, Xiyang Group, Magnezit Group JSC, Russian Mining Chemical, Garrison Minerals, Premier Magnesia, Dandong Jinyuan, Dandong Xinyang, Dandong C.L.M., Dandong Yongfeng, Dandong Xinda, Shanxi Tianbao.
The magnesium raw materials 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 Raw Materials 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 Raw Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnesium Raw Materials Market - Supply Chain
4.5. Global Magnesium Raw Materials Market Forecast
4.5.1. Magnesium Raw Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnesium Raw Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnesium Raw Materials Market Absolute $ Opportunity
5. Global Magnesium Raw Materials 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 Raw Materials Market Size and Volume Forecast by Type
5.3.1. Phanerocrystalline magnesite
5.3.2. Cryptocrystalline magnesite
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnesium Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
6.3.1. Dead-burned magnesia
6.3.2. Caustic-calcined magnesia
6.3.3. Fused or electrofused magnesia
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnesium Raw Materials 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 Raw Materials 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 Raw Materials 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 Raw Materials 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 Raw Materials Demand Share Forecast, 2019-2026
9. North America Magnesium Raw Materials 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 Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
9.4.1. Dead-burned magnesia
9.4.2. Caustic-calcined magnesia
9.4.3. Fused or electrofused magnesia
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnesium Raw Materials Market Size and Volume Forecast by Type
9.7.1. Phanerocrystalline magnesite
9.7.2. Cryptocrystalline magnesite
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 Raw Materials Demand Share Forecast, 2019-2026
10. Latin America Magnesium Raw Materials 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 Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
10.4.1. Dead-burned magnesia
10.4.2. Caustic-calcined magnesia
10.4.3. Fused or electrofused magnesia
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnesium Raw Materials Market Size and Volume Forecast by Type
10.7.1. Phanerocrystalline magnesite
10.7.2. Cryptocrystalline magnesite
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 Raw Materials Demand Share Forecast, 2019-2026
11. Europe Magnesium Raw Materials 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 Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
11.4.1. Dead-burned magnesia
11.4.2. Caustic-calcined magnesia
11.4.3. Fused or electrofused magnesia
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnesium Raw Materials Market Size and Volume Forecast by Type
11.7.1. Phanerocrystalline magnesite
11.7.2. Cryptocrystalline magnesite
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Raw Materials Demand Share, 2019-2026
12. Asia Pacific Magnesium Raw Materials 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 Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
12.4.1. Dead-burned magnesia
12.4.2. Caustic-calcined magnesia
12.4.3. Fused or electrofused magnesia
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnesium Raw Materials Market Size and Volume Forecast by Type
12.7.1. Phanerocrystalline magnesite
12.7.2. Cryptocrystalline magnesite
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 Raw Materials Demand Share, 2019-2026
13. Middle East & Africa Magnesium Raw Materials 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 Raw Materials 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 Raw Materials Market Size and Volume Forecast by Application
13.4.1. Dead-burned magnesia
13.4.2. Caustic-calcined magnesia
13.4.3. Fused or electrofused magnesia
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnesium Raw Materials Market Size and Volume Forecast by Type
13.7.1. Phanerocrystalline magnesite
13.7.2. Cryptocrystalline magnesite
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 Raw Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnesium Raw Materials Market: Market Share Analysis
14.2. Magnesium Raw Materials Distributors and Customers
14.3. Magnesium Raw Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GRECIAN MAGNESITE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Calix
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Queensland Magnesia Pty. Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baymag
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RHI Magnesita
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Magnezit Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ramakrishna Magnesite Mines
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haicheng Magnesite
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Liaoning Jinding Magnesite Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Liaoning Wancheng Magnesium group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liaoning BeiHai Industries Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Houying Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xiyang Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Magnezit Group JSC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Russian Mining Chemical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Garrison Minerals
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Premier Magnesia
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dandong Jinyuan
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dandong Xinyang
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Dandong C.L.M.
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook