This report studies the Fused Magnesia market, Fused magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000°C. Fused magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.
The global production of Fused Magnesia increases from 1350 K MT in 2013 to 1378 K MT in 2017, and expect to grow at a CAGR of -1.41% from 2017 to 2023. The major manufacturers mainly concentrate inChina and Europe. In 2017, China Fused Magnesia production share was about 50%. Europe production share took 26.5% and North America production share also took 5.86%.
Fused Magnesia is an important inorganic material which can be used for Refractories, Steel Coatings, Ceramics and others. The largest end use for Fused Magnesia, accounting for about 41.92% of consumption in 2017, is in Steel Coatings. The use of Fused Magnesia in Refractories was a fast-growing application, and accounted for about 38.32% of Fused Magnesia consumption in 2017.
There are companies adding new capacities and aim at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Fused Magnesia market will become more intense. This is the end of Fused Magnesia report.
According to this study, over the next five years the Fused Magnesia market will register a 1.1% CAGR in terms of revenue, the global market size will reach US$ 870 million by 2024, from US$ 820 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fused Magnesia business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Fused Magnesia market by product type, application, key manufacturers and key regions and countries.
This study considers the Fused Magnesia value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
96% Content
97% Content
98% Content
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Refractories
Steel Coatings
Ceramics
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Magnezit Group
Liaoning Jinding Magnesite Group
Haicheng Magnesite
Kumas Manyezit Sanayi
Magnesita Refractories
Imerys Fused Minerals
Jiachen Group
GRECIAN MAGNESITE
Intco GmbH
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fused Magnesia consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fused Magnesia market by identifying its various subsegments.
Focuses on the key global Fused Magnesia manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fused Magnesia with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fused Magnesia submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Fused Magnesia . Industry analysis & Market Report on Fused Magnesia is a syndicated market report, published as Global Fused Magnesia Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Fused Magnesia market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.