Magnesium Oxide - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Magnesium Oxide Market is accounted for $4,145.08 million in 2020 and is expected to reach $7,305.09 million by 2028 growing at a CAGR of 7.3% during the forecast period. Surging demand from refractory materials, increasing adoption of magnesium oxide from different industries and escalated demand from steel and iron industries are driving the market growth. However, increasing preference for alternatives and health related side effects of magnesium oxide are hampering the growth of the market.
Magnesium oxide is an alkaline earth solid white metal oxide and majority of it is obtained from calcination of naturally occurring minerals. Other main sources of magnesium oxide are seawater, underground deposits of brine and deep salt bed. It is highly pure in nature and with no taste or color. Magnesium oxide has a high melting point with high strength, temperature resistance, and high corrosion resistance.
Based on the type, the dead burned magnesia segment is going to have lucrative growth during the forecast period due to its excellent heat resistivity range, and as it is the primary component in refractory materials, thus leading to its widespread application in the market. By geography, North America is going to have high growth during the forecast period in terms of revenue as compared to that of markets in other regions as United States is leading in the world’s largest magnesium oxide industry in North America. This is attributed to well-developed application sectors in the region such as chemical industry, medical industry, and cement industry.
Some of the key players profiled in the Magnesium Oxide Market include Martin Marietta, Grecian Magnesite S.A., Ube Industries Ltd, Tateho Chemical Industries Co., Baymag Inc, Ube Industries Ltd,Qinghua Refractory Group Ltd, Dashiqiao Huamei Group, ICL Industrial Products: ICL IP, RHI Magnesita, PremierMagnesia LLC, Magnezit Group, Nedmag BV and Wuxi Zehui Chemical Co., Ltd.
Products Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
Magnesium oxide is an alkaline earth solid white metal oxide and majority of it is obtained from calcination of naturally occurring minerals. Other main sources of magnesium oxide are seawater, underground deposits of brine and deep salt bed. It is highly pure in nature and with no taste or color. Magnesium oxide has a high melting point with high strength, temperature resistance, and high corrosion resistance.
Based on the type, the dead burned magnesia segment is going to have lucrative growth during the forecast period due to its excellent heat resistivity range, and as it is the primary component in refractory materials, thus leading to its widespread application in the market. By geography, North America is going to have high growth during the forecast period in terms of revenue as compared to that of markets in other regions as United States is leading in the world’s largest magnesium oxide industry in North America. This is attributed to well-developed application sectors in the region such as chemical industry, medical industry, and cement industry.
Some of the key players profiled in the Magnesium Oxide Market include Martin Marietta, Grecian Magnesite S.A., Ube Industries Ltd, Tateho Chemical Industries Co., Baymag Inc, Ube Industries Ltd,Qinghua Refractory Group Ltd, Dashiqiao Huamei Group, ICL Industrial Products: ICL IP, RHI Magnesita, PremierMagnesia LLC, Magnezit Group, Nedmag BV and Wuxi Zehui Chemical Co., Ltd.
Products Covered:
- High Grade Magnesium Oxide
- Magnesium Hydroxide
- Magnesium Ingot
- Synthetic Magnesium Oxide
- Caustic Calcined Magnesia (CCM)
- Light Burned Magnesium Oxide
- Dead Burned Magnesia (DBM)
- Hard Burned Magnesium Oxide
- Fused Magnesia (FM)
- Paper & Pulp
- Agriculture
- Construction
- Environment
- Medical / Pharmaceutical
- Agrochemical
- Rubber
- Healthcare
- Veterinary Drugs
- Water Treatment
- Chemical Intermediates
- Food
- Oriented Silicon Steel
- Refractory
- Cosmetic
- Online
- Offline
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL MAGNESIUM OXIDE MARKET, BY PRODUCT
5.1 Introduction
5.2 High Grade Magnesium Oxide
5.3 Magnesium Hydroxide
5.4 Magnesium Ingot
6 GLOBAL MAGNESIUM OXIDE MARKET, BY TYPE
6.1 Introduction
6.2 Synthetic Magnesium Oxide
6.3 Caustic Calcined Magnesia (CCM)
6.4 Light Burned Magnesium Oxide
6.5 Dead Burned Magnesia (DBM)
6.6 Hard Burned Magnesium Oxide
6.7 Fused Magnesia (FM)
7 GLOBAL MAGNESIUM OXIDE MARKET, BY APPLICATION
7.1 Introduction
7.2 Paper & Pulp
7.3 Agriculture
7.4 Construction
7.5 Environment
7.6 Medical / Pharmaceutical
7.7 Agrochemical
7.8 Rubber
7.9 Healthcare
7.10 Veterinary Drugs
7.11 Water Treatment
7.12 Chemical Intermediates
7.13 Food
7.14 Oriented Silicon Steel
7.15 Refractory
7.16 Cosmetic
8 GLOBAL MAGNESIUM OXIDE MARKET, BY DISTRIBUTION CHANNEL
8.1 Introduction
8.2 Online
8.3 Offline
9 GLOBAL MAGNESIUM OXIDE MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Martin Marietta
11.2 Grecian Magnesite S.A.
11.3 Ube Industries Ltd
11.4 Tateho Chemical Industries Co.
11.5 Baymag Inc
11.6 Ube Industries Ltd
11.7 Qinghua Refractory Group Ltd
11.8 Dashiqiao Huamei Group
11.9 ICL Industrial Products: ICL IP
11.10 RHI Magnesita
11.11 PremierMagnesia LLC
11.12 Magnezit Group
11.13 Nedmag BV
11.14 Wuxi Zehui Chemical Co.,Ltd
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL MAGNESIUM OXIDE MARKET, BY PRODUCT
5.1 Introduction
5.2 High Grade Magnesium Oxide
5.3 Magnesium Hydroxide
5.4 Magnesium Ingot
6 GLOBAL MAGNESIUM OXIDE MARKET, BY TYPE
6.1 Introduction
6.2 Synthetic Magnesium Oxide
6.3 Caustic Calcined Magnesia (CCM)
6.4 Light Burned Magnesium Oxide
6.5 Dead Burned Magnesia (DBM)
6.6 Hard Burned Magnesium Oxide
6.7 Fused Magnesia (FM)
7 GLOBAL MAGNESIUM OXIDE MARKET, BY APPLICATION
7.1 Introduction
7.2 Paper & Pulp
7.3 Agriculture
7.4 Construction
7.5 Environment
7.6 Medical / Pharmaceutical
7.7 Agrochemical
7.8 Rubber
7.9 Healthcare
7.10 Veterinary Drugs
7.11 Water Treatment
7.12 Chemical Intermediates
7.13 Food
7.14 Oriented Silicon Steel
7.15 Refractory
7.16 Cosmetic
8 GLOBAL MAGNESIUM OXIDE MARKET, BY DISTRIBUTION CHANNEL
8.1 Introduction
8.2 Online
8.3 Offline
9 GLOBAL MAGNESIUM OXIDE MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 Martin Marietta
11.2 Grecian Magnesite S.A.
11.3 Ube Industries Ltd
11.4 Tateho Chemical Industries Co.
11.5 Baymag Inc
11.6 Ube Industries Ltd
11.7 Qinghua Refractory Group Ltd
11.8 Dashiqiao Huamei Group
11.9 ICL Industrial Products: ICL IP
11.10 RHI Magnesita
11.11 PremierMagnesia LLC
11.12 Magnezit Group
11.13 Nedmag BV
11.14 Wuxi Zehui Chemical Co.,Ltd
LIST OF TABLES
Table 1 Global Magnesium Oxide Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Magnesium Oxide Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Magnesium Oxide Market Outlook, By High Grade Magnesium Oxide (2019-2028) ($MN)
Table 4 Global Magnesium Oxide Market Outlook, By Magnesium Hydroxide (2019-2028) ($MN)
Table 5 Global Magnesium Oxide Market Outlook, By Magnesium Ingot (2019-2028) ($MN)
Table 6 Global Magnesium Oxide Market Outlook, By Type (2019-2028) ($MN)
Table 7 Global Magnesium Oxide Market Outlook, By Synthetic Magnesium Oxide (2019-2028) ($MN)
Table 8 Global Magnesium Oxide Market Outlook, By Caustic Calcined Magnesia (CCM) (2019-2028) ($MN)
Table 9 Global Magnesium Oxide Market Outlook, By Light Burned Magnesium Oxide (2019-2028) ($MN)
Table 10 Global Magnesium Oxide Market Outlook, By Dead Burned Magnesia (DBM) (2019-2028) ($MN)
Table 11 Global Magnesium Oxide Market Outlook, By Hard Burned Magnesium Oxide (2019-2028) ($MN)
Table 12 Global Magnesium Oxide Market Outlook, By Fused Magnesia (FM) (2019-2028) ($MN)
Table 13 Global Magnesium Oxide Market Outlook, By Application (2019-2028) ($MN)
Table 14 Global Magnesium Oxide Market Outlook, By Paper & Pulp (2019-2028) ($MN)
Table 15 Global Magnesium Oxide Market Outlook, By Agriculture (2019-2028) ($MN)
Table 16 Global Magnesium Oxide Market Outlook, By Construction (2019-2028) ($MN)
Table 17 Global Magnesium Oxide Market Outlook, By Environment (2019-2028) ($MN)
Table 18 Global Magnesium Oxide Market Outlook, By Medical / Pharmaceutical (2019-2028) ($MN)
Table 19 Global Magnesium Oxide Market Outlook, By Agrochemical (2019-2028) ($MN)
Table 20 Global Magnesium Oxide Market Outlook, By Rubber (2019-2028) ($MN)
Table 21 Global Magnesium Oxide Market Outlook, By Healthcare (2019-2028) ($MN)
Table 22 Global Magnesium Oxide Market Outlook, By Veterinary Drugs (2019-2028) ($MN)
Table 23 Global Magnesium Oxide Market Outlook, By Water Treatment (2019-2028) ($MN)
Table 24 Global Magnesium Oxide Market Outlook, By Chemical Intermediates (2019-2028) ($MN)
Table 25 Global Magnesium Oxide Market Outlook, By Food (2019-2028) ($MN)
Table 26 Global Magnesium Oxide Market Outlook, By Oriented Silicon Steel (2019-2028) ($MN)
Table 27 Global Magnesium Oxide Market Outlook, By Refractory (2019-2028) ($MN)
Table 28 Global Magnesium Oxide Market Outlook, By Cosmetic (2019-2028) ($MN)
Table 29 Global Magnesium Oxide Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 30 Global Magnesium Oxide Market Outlook, By Online (2019-2028) ($MN)
Table 31 Global Magnesium Oxide Market Outlook, By Offline (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Table 1 Global Magnesium Oxide Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Magnesium Oxide Market Outlook, By Product (2019-2028) ($MN)
Table 3 Global Magnesium Oxide Market Outlook, By High Grade Magnesium Oxide (2019-2028) ($MN)
Table 4 Global Magnesium Oxide Market Outlook, By Magnesium Hydroxide (2019-2028) ($MN)
Table 5 Global Magnesium Oxide Market Outlook, By Magnesium Ingot (2019-2028) ($MN)
Table 6 Global Magnesium Oxide Market Outlook, By Type (2019-2028) ($MN)
Table 7 Global Magnesium Oxide Market Outlook, By Synthetic Magnesium Oxide (2019-2028) ($MN)
Table 8 Global Magnesium Oxide Market Outlook, By Caustic Calcined Magnesia (CCM) (2019-2028) ($MN)
Table 9 Global Magnesium Oxide Market Outlook, By Light Burned Magnesium Oxide (2019-2028) ($MN)
Table 10 Global Magnesium Oxide Market Outlook, By Dead Burned Magnesia (DBM) (2019-2028) ($MN)
Table 11 Global Magnesium Oxide Market Outlook, By Hard Burned Magnesium Oxide (2019-2028) ($MN)
Table 12 Global Magnesium Oxide Market Outlook, By Fused Magnesia (FM) (2019-2028) ($MN)
Table 13 Global Magnesium Oxide Market Outlook, By Application (2019-2028) ($MN)
Table 14 Global Magnesium Oxide Market Outlook, By Paper & Pulp (2019-2028) ($MN)
Table 15 Global Magnesium Oxide Market Outlook, By Agriculture (2019-2028) ($MN)
Table 16 Global Magnesium Oxide Market Outlook, By Construction (2019-2028) ($MN)
Table 17 Global Magnesium Oxide Market Outlook, By Environment (2019-2028) ($MN)
Table 18 Global Magnesium Oxide Market Outlook, By Medical / Pharmaceutical (2019-2028) ($MN)
Table 19 Global Magnesium Oxide Market Outlook, By Agrochemical (2019-2028) ($MN)
Table 20 Global Magnesium Oxide Market Outlook, By Rubber (2019-2028) ($MN)
Table 21 Global Magnesium Oxide Market Outlook, By Healthcare (2019-2028) ($MN)
Table 22 Global Magnesium Oxide Market Outlook, By Veterinary Drugs (2019-2028) ($MN)
Table 23 Global Magnesium Oxide Market Outlook, By Water Treatment (2019-2028) ($MN)
Table 24 Global Magnesium Oxide Market Outlook, By Chemical Intermediates (2019-2028) ($MN)
Table 25 Global Magnesium Oxide Market Outlook, By Food (2019-2028) ($MN)
Table 26 Global Magnesium Oxide Market Outlook, By Oriented Silicon Steel (2019-2028) ($MN)
Table 27 Global Magnesium Oxide Market Outlook, By Refractory (2019-2028) ($MN)
Table 28 Global Magnesium Oxide Market Outlook, By Cosmetic (2019-2028) ($MN)
Table 29 Global Magnesium Oxide Market Outlook, By Distribution Channel (2019-2028) ($MN)
Table 30 Global Magnesium Oxide Market Outlook, By Online (2019-2028) ($MN)
Table 31 Global Magnesium Oxide Market Outlook, By Offline (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
