Global Magnesium Oxide (CAS 1309-48-4) market cagr 8.7%

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Magnesium Oxide

(CAS 1309-48-4) Market

Magnesium Oxide (CAS 1309-48-4) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Magnesium Oxide (CAS 1309-48-4) Market Size and Growth

The Magnesium Oxide (CAS 1309-48-4) market is experiencing steady growth due to rising demand in construction, agriculture, and healthcare sectors. Market size was valued at approximately $3 billion in 2022, with projections indicating continued expansion driven by increasing applications and innovations in production techniques. Competitive dynamics remain favorable.

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Companies Covered

(Covid 19 Impact Covered)

◍ RHI-Magnesita

◍ Magnezit Group

◍ SMZ Jelsava

◍ Martin Marietta Magnesia Specialties

◍ Kumas Magnesite Works

◍ Nedmag Industries

◍ Grecian Magnesite

◍ Navarras SA

◍ Primier Magnesia

◍ Baymag

◍ Industrias Penoles

◍ Ube Material Industries

◍ ICL Industrial

◍ Imerys

◍ Haicheng Houying Group

◍ Haicheng Magnesite Refractory

◍ Haicheng Huayu Group

The Magnesium Oxide market features key players like RHI-Magnesita, Magnezit Group, and Martin Marietta, focusing on applications in refractories, agriculture, and healthcare. Their innovations and product expansions drive market growth. Notable sales revenues include RHI-Magnesita exceeding €3 billion and Imerys reaching €4.4 billion.

◍ Jiachen Group

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Market Segmentation

By Application

◍ Refractories Industry

◍ Agriculture Industry

◍ Chemical Intermediates

◍ Construction Industry

◍ Other Applications

By Product

◍ Dead-Burned Magnesium Oxide (DBM)

◍ Fused Magnesium Oxide (FM)

◍ Caustic Calcined Magnesium Oxide (CCM)

◍ Synthetic Magnesium Oxide

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Market Growth

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$ X Billion USD

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