Over the next five years the Magnesium Raw Materials market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 497.5 million by 2026.
Magnesium Raw Materials Market Overview
A strong chemical reagent, magnesium forms stable compounds and reacts with oxygen and chlorine in both the liquid and gaseous states. This means that extraction of the metal from raw materials is an energy-intensive process requiring well-tuned technologie. Furthermore, technological developments and rise in investments in R&D activities to cater to the increasing demands of magnesium is anticipated to fuel the demand for magnesium raw materials. Furthermore, the increasing demand for magnesium for sulfur removal is projected to drive the market growth. However, explosive nature of magnesium and emission of harmful UV radiations when burnt hamper the market growth.
Based on the Magnesium Raw Materials market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Magnesium Raw Materials during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The development of the global magnesium raw materials market is driven by increase in demand for magnesium and its alloys, specifically from the automotive industry. Furthermore, increase in use of magnesium in the production of aluminum alloys and in die casting techniques is anticipated to boost the demand for magnesium raw materials. In addition, development in adoption of aluminum-magnesium alloys and die cast magnesium in transportation sector is expected to supplement the market growth.
Who are the Major Players in Magnesium Raw Materials Market?
Top Key players in the Magnesium Raw Materials Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Magnesium Raw Materials Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes GRECIAN MAGNESITE,Calix, Inc. (NYSE :CALX), 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 and others.
Industry News:
8 March 2022: Australian Pesticides and Veterinary Medicines Authority (APVMA) is the first regulator anywhere in the world to allow a magnesium hydroxide insecticide into the cropping system.The registration of BOOSTER-Mag is the culmination of six years of scientific product and application development and is a major milestone for developer Calix and its Biotech business.
What are the major Applications, Types and Regions for Magnesium Raw Materials Market?
Magnesium Raw Materials Market is segmented based on the type, applications, companies and regions.
By Type, Magnesium Raw Materials Market has been segmented into
- Phanerocrystalline magnesite
- Cryptocrystalline magnesite
The end user’s industry application on Magnesium Raw Materials Market is,
- Dead-burned magnesia
- Caustic-calcined magnesia
- Fused or electrofused magnesia
- Others
Magnesium Raw Materials Market Regional Analysis:
The report offers in-depth assessment of the growth and other aspects of the Magnesium Raw Materials Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Magnesium Raw Materials Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Magnesium Raw Materials Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
What is our Magnesium Raw Materials Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 4.1 % over the forecast period (2022-2027)
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By Type
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- Phanerocrystalline magnesite
- Cryptocrystalline magnesite
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By Application
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- Dead-burned magnesia
- Caustic-calcined magnesia
- Fused or electrofused magnesia
- Others
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By Companies
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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
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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132
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Magnesium Raw Materials Report
- Evaluate Magnesium Raw Materials market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Magnesium Raw Materials market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
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Who are the key players in Magnesium Raw Materials Market?
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
What regions does this Magnesium Raw Materials Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Magnesium Raw Materials Market?
Phanerocrystalline magnesite, Cryptocrystalline magnesite
What are the major end-use applications of the Magnesium Raw Materials Market?
Dead-burned magnesia, Caustic-calcined magnesia, Fused or electrofused magnesia, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
