Magnesium Oxide board (commonly known as Glass magnesium plate) is based on Magnesium Oxide, magnesium chloride, and water, through the configuration and modification of the performance, become into stable magnesium cementitious materials. With special production process, with anti-fire, anti-water, tasteless, non-toxic, high strength and light weight, convenient construction, long service life and so on.
In terms of value, a recent report from Global Market Monitor forecasts the global Magnesium Oxide Boards market is projected to grow from USD xxxx million in 2019 to USD xxxx million by 2026, registering a CAGR of xxxx% during this period.
Due to properties like well resistance for fire and heat, Magnesium Oxide Boards are widely used in residential and commercial building construction, by this factor, the growing application and demand from these downstream fields will push the market growth. Moreover, other benefits of the material include an environmentally friendly chemical material, strength as well as resistance due to quite strong bonds between magnesium and oxygen atoms that form magnesium oxide crystals, these properties, however, making it a preferable option for end-users in various industries.
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Magnesium Oxide Boards Market: Type Outlook
l Medium (8-15 mm)
l Thickness (>15mm)
Magnesium Oxide Boards Market: Application Outlook
l Residential Buildings
l Commercial Buildings
l Industrial Buildings
l Others
Magnesium Oxide Boards Market: Region Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Regional Insights
Geographically, Asia-Pacific is the largest market for Magnesium Oxide Boards, since Magnesium Oxide Boards are used as a primary construction material in the region. Some versions ever used as the official construction material in the 2008 Summer Olympic Games. Out of this, those regions where closed to the magnesia-based coastal area, have huge potential for achieving the highest market growth, the report emphasized main deposits are found in China, Canada, and Europe, the increasing production of Magnesium Oxide Boards in above regions will pump up the regional markets.
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Leading Company for Driving Industry development
The global Magnesium Oxide Boards market growth is also reliant on the development of active players in the industry, which are Magnum Building Products, Gemtree Board, Huizhou Meisen Board, Yongjia Decorative Material, Ruenzhong Building Material, Hongcheng Board, Shandong Oulade, Wantai Wood, Shanghai Xinlong Fireproofing, Suqian Tianyi, TRUSUS, Pengfei Fireproof New Materials, Suzhou Kunshi New Building Materials, Tongxing, and etc.
Key Stakeholders
l Magnesium Oxide Boards producers
l Raw material suppliers of Magnesium Oxide Boards products
l Downstream vendors and end-users
l Traders, distributors, and resellers of Magnesium Oxide Boards materials
l Chemical materials industry associations and research organizations
l Product managers, Magnesium Oxide Boards commodities industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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