Global Caustic Magnesia Market Overview:
Corrosive MgO is burned at temperatures below 900 ° C. It is used in fertilizers, as animal feed, and as a raw material for various MgO chemicals to make pulp and paper, ceramics, and cement. A characteristic property of this type of MgO is it's moderate to high chemical reactivity. Corrosive magnesia is essentially amorphous magnesia with low lattice energy and is produced and finely ground at low temperatures. Corrosive magnesia is manufactured worldwide. China supplies low-cost, low-purity (~ 90% MgO) corrosive magnesia. Turkey (KUMAS) and Australia (Causmag) deliver high purity (~ 95% MgO) caustic magnesia. Low purity corrosive magnesia is used in industrial applications such as wastewater treatment. High purity corrosive magnesia is used in pharmaceuticals, cattle feed additives, fertilizers, adhesives, tires, magnetic material, etc. Some of the key players profiled in the study are Grecian Magnesite (Greece), RHI (Austria), American Elements (United States), Sibelco (Australia), Possehl Erzkontor GmbH&Co.KG (Germany), Chamotte Holdings (South Africa), LEHVOSS Nederland B.V. (Netherlands), Proteus Bio Power (Greece), Phulad Mines & Minerals Private Limited (India), SMZ Jelsava (Slovensko), Sharad Enterprises (India), S. V. Enterprises (India), Almora Magnesite Limited (India), Hindustan Produce Company (India) and Sri Krishna Chemicals (India).
On the basis of geography, the market of Caustic Magnesia has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Caustic Magnesia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Fertilizers will boost the Caustic Magnesia market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Growing Need for Refractory Material in Furnaces, Kilns, Incinerators, and Reactors.
- The Growth in the Ceramics, Nonferrous Metal and Chemical Industry
- The Growing Demand for Magnesium Oxide in Fertilizers and Animal Feed
- The Growing Threat of Substitution
- The Growing Industrialization in the Emerging Economies
- Lack of Awareness about Caustic Magnesia
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Target Audience:Providers of Caustic Magnesia, Potential Technology Investors, Regulatory & Government Bodies, End Users, Downstream Vendors and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Caustic Magnesia market on the basis of product [Animal Feed Caustic Magnesia, Construction Materials Caustic Magnesia and High-grade Caustic Magnesia] , application [Agricultural, Industrial, Technical, Chemical and Construction], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Caustic Magnesia market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Caustic Magnesia industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Adv Metal Combine Pvt. Ltd. (India), Eltee International (India) and Shri Vinayak Industries (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Caustic Magnesia market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.