Scope of the Study
Magnesite refers to the alteration of carbonate rocks or magnesium-rich rocks by chemical weathering or metamorphism. Magnesite market has high growth prospects owing to rising application in the construction, industrial, chemical, agriculture, and other industries. Further, increasing demand from the developing countries owing to growth in the construction infrastructure due to the increasing application of magnesite as cement additive expected to drive the demand for magnesite over the forecasted period.
The market study is being classified by Type (Magnesite Ore, Dead-burned Magnesia, Fused Magnesia and Others), by Application (Refractory and Others) and major geographies with country level break-up.
Houying Group (China), Queensland Magnesia Pty. Ltd. (Australia), Magnezit Group (Germany), Calix (Australia), Baymag Inc. (Canada), Liaoning Wancheng Magnesium Industry Group Co Ltd. (China), GRECIAN MAGNESITE (Greece), RHI Magnesita (Austria), Hartley (Haicheng) Magnesite Company Limited (China) and Liaoning BeiHai Industries Group Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hunan Rui Yue Industrial and Trade Co., Ltd. (China), Zibo Hitech Material Co., Ltd. (China) and Dalian Fupeng International Trade Co., Ltd. (China).
Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Magnesite market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Magnesite market by Type, Application and Region.
On the basis of geography, the market of Magnesite 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 Industry Vertical, the sub-segment i.e. Construction will boost the Magnesite market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth in the Construction Industry
- Rising Demand of Magnesite from the Chemical Industry
- Increasing Applications in the Iron & Steel Industries
- Rising Use of Magnesite in the Waste Water Treatment
- Stringent Government Regulations Regarding Magnesite
- Stringent Environmental Emission Norms Regarding Magnesite
- Growing Demand of Magnesite as Cement Additive in the Construction Industry
- Increasing Demand from the Developing Countries Owing to growth in Construction Infrastructure
- Issues Related With Waste Management of Magnesite
“The Haicheng Government had issued an order that all magnesia plants using coal, gas, and oil in their production must cease operations at once. Also, issued a ban on illegal mining of magnesite in the district, which includes the use of mechanical excavators as opposed to drill and blast techniques.”
Key Target AudienceMagnesite Manufacturers, Magnesite Suppliers and Distributors, Government Regulatory Authorities, Research Laboratories, Research and Development Companies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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