The global Magnesium Oxide (MgO) market size was USD 5.02 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.5% during the forecast period. Rising demand for MgO from the construction industry and rapid growth of the agricultural and healthcare sectors are key factors driving market revenue growth.
Factors influencing the growth of the Magnesium Oxide market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Magnesium Oxide market. The report discusses in detail the positive and negative impact of the pandemic on the Magnesium Oxide industry. The supply chain disruptions and economic volatility have altered the dynamics of the Magnesium Oxide industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Magnesium Oxide market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Magnesium Oxide Market and Profiled in the Report are:
Martin Marietta Materials, Grecian Magnesite, Premier Magnesia, LLC, RHI Magnesita, Israel Chemical Ltd. (ICL), Ube Industries Ltd., American Elements, Nedmag B.V., Tateho Chemical Industries Co., Ltd., MagOneProducts, Du-Co Ceramics Company, and Strem
Objectives of the Report:
Study of the global Magnesium Oxide market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Magnesium Oxide market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Magnesium Oxide market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Magnesium Oxide market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019-2032)
- Dead Burned Magnesia
- Caustic Calcined Magnesia
- Fused Magnesia
- Others
-
From Outlook (Revenue, USD Billion; 2019-2032)
- Powder
- Granule
- Briquette
- Others
-
Purity Outlook (Revenue, USD Billion; 2019-2032)
- Up to 90%
- 91% - 95%
- 96% - 98%
- Above 98%
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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