Magnesium Raw Materials (Magnesite and Brucite)
Market
Magnesium Raw Materials (Magnesite and Brucite)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Magnesium Raw Materials (Magnesite and Brucite)
Market Size and Growth
The global market for magnesium raw materials, specifically magnesite and brucite, is projected to witness significant growth due to increasing demand in various industries such as automotive, construction, and healthcare. The market size is estimated to be valued at $3.5 billion by 2025, driven by growing applications and investments in magnesium production.
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Companies Covered
(Covid 19 Impact Covered)
◍ GRECIAN MAGNESITE
◍ Calix
◍ Queensland Magnesia Pty. Ltd.
◍ Baymag
◍ 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
The magnesium raw materials market is highly competitive with key players including GRECIAN MAGNESITE, Calix, Queensland Magnesia Pty. Ltd., Baymag, Magnesita, Magnezit Group, and more. These companies mine, process, and distribute magnesite and brucite for various industrial applications, contributing to the growth of the market.
- GRECIAN MAGNESITE: $100 million
- Magnesita: $75 million
- Magnezit Group: $50 million
◍ Dandong Jinyuan
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Market Segmentation
By Application
◍ Dead-burned magnesia
◍ Caustic-calcined magnesia
◍ Fused or electrofused magnesia
By Product
◍ Phanerocrystalline magnesite
◍ Cryptocrystalline magnesite
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Market Growth
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$ X Billion USD
