Magnesite Market By Type (Magnesite Ore, Dead Burned Magnesia, Fused Magnesia, And Others) And Application (Construction, Industrial, Chemical, Agriculture, And Others) - Opportunity Analysis And Industry - Global Forecast 2020 To 2025

Report Code: CMR 79231 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Magnesite Market is forecast to reach $11.39 billion by 2025, after growing at a CAGR of 5.54% during 2020-2025. The key factors driving magnesite market growth include increased demand for magnesite, particularly in chemical and construction industries and increased the production of different grades worldwide. Magnesite is a mineral with a chemical formula of magnesium carbonate and occurs as veins in and an alteration product of ultramafic rocks, serpentinite and other magnesium-rich rock types in both contact and regional metamorphic terrains. These magnesites are often cryptocrystalline and contain silica in the form of chert or opal. Furthermore, the increase in demand from refractory applications primarily in the iron & steel industries fuel the growth of the market.The report covers Magnesite Market size by type and Applications, Magnesite Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Magnesite Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Magnesite Market.


Key Takeaways

  • Growing cement consumption across the globe, magnesite use as a cement additive in the cement industry is majorly driving the growth of the magnesite market
  • The chemical segment is expected to grow at a significant rate due to magnesite absorbent property which makes it useful for spill cleanup of hazardous chemicals.
  • Magnesite is also used to treat industrial wastewater containing heavy metals and silica. Increasing use of magnesium oxide in a growing demand for magnesite application in wastewater treatment, animal feed and magnesia-based wallboards are the key supporters for the positive impact on the growth of magnesite.
  • Magnesite tumbled stones are used by metaphysical healers to release tension, stomach cramps, muscle spasms and to relieve overly sensitive skin or organs. It is the most important healing crystal for anything related to a Magnesium deficiency.

By Type - Segment Analysis

Dead-Burned Magnesia segment held the largest share in the magnesite market in 2019. Dead burned magnesia is primarily used for refractory purposes. It has the highest melting point compared to other commonly used refractory oxides. Hence, dead burned magnesia is the most suitable material for usage in high-temperature processes for heat containment, especially in the steel industry. When compared in terms of abrasion resistance, strength and chemical stability, fused magnesia is superior. According to the European Association of Mining Industries, Metal Ores, and Industrial Minerals, the European Union (EU) extracts around 2.9 million tons of primary material (expressed as magnesite ore), accounting for 10% of the world production.

By Application - Segment Analysis

The construction segment held the largest share in the magnesite market in 2019. Due to the refractory properties of magnesite, it is widely being used in the construction industry. The primary end-user of refractory materials is iron and steel industry. Magnesite is gaining popularity as an additive in cements used for construction. According to the Institution of Civil Engineers, the global construction market in 2015 is set to grow by US$ 8 trillion by 2030, reaching a total size of US$ 17.5 trillion and increasing by an average annual rate of 3.9% to 2030. The rising construction sector demands cement and other construction materials such as magnesite, which is contributing towards the global magnesite market growth.

Geography - Segment Analysis

North America dominated the magnesite market with a share of more than 37.7% during the forecast period.  This can be attributed to the large-scale production of magnesite in this region with regulatory support offered from various countries. The US and Canada are the major contributors in this region due to numerous manufacturers. Due to massive demand from construction and chemical industries and an actively growing manufacturing base in North America, it will propel the magnesite market during the forecast period. According to Indian Minerals Yearbook 2015, the total reserves/resources of magnesite as per UNFC system by 2013, were about 328 million tons, of which reserves and remaining resources are 21 million tons and 307 million tons, respectively.

Drivers – Magnesite Market

·         Magnesite with high storage capacity to drive market growth.

Magnesite vendors are introducing products with a high storage capacity specifically for applications that need to store large amounts of data such as action cameras, drones, and video surveillance systems. The trend of capturing high-definition pictures and video and the implementation of automation technologies across various sectors are driving the need for high-capacity Magnesite.

Challenges – Magnesite Market

·         Stringent environmental regulations

Stringent environmental and government regulations implemented to reduce environmental pollution arising from steel production is a major challenge faced by magnesite manufacturers as it is one of the important refractory material. This is a major challenge which is hindering the growth of magnesite market. ‘Air and Leaching Pollution Scenario by Iron and Steel Plants, in central India’ research paper stated that, In India iron and steel industries, are, among the 17 most polluting industrial sectors, identified by the Central Pollution Control Board (CPCB).

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the insulated wall panels market. In 2019, the market of magnesite has been consolidated by the top five players accounting for xx% of the share. Top 10 cpmpanies in the magnesite market are  Baymag, Calix Inc, Grecian Magnesite, Haicheng Xiyang Magnesium Ltd, Houying Group, Liaoning Wancheng, Magnesita, Magnesium Group, Magnezit Corporation ad Queensland Magnesia Pty Ltd among others.

1. Magnesite Market - Overview
        1.1 Definitions and Scope
2. Magnesite Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Magnesite Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Magnesite Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Magnesite Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Magnesite Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Magnesite Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Magnesite Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Segment Analysis
            8.3.1 Magnesite Ore
            8.3.2 Dead-Burned Magnesia
            8.3.3 Fused Magnesia
9. Magnesite Market - By Type (Market Size -$Million / $Billion)
10. Magnesite - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Construction
            10.3.2 Industrial
            10.3.3 Chemical
            10.3.4 Agriculture
11. Magnesite- By Geography (Market Size -$Million / $Billion)
        11.1 Magnesite Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Magnesite- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Magnesite- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Magnesite - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Magnesite - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Magnesite Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Magnesite Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Magnesite Market - Key Company List by Country Premium
15. Magnesite Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Baymag
        15.3 Calix Inc
        15.4 Grecian Magnesite
        15.5 Haicheng Xiyang Magnesium Ltd
        15.6 Houying Group
        15.7 Liaoning Wancheng
        15.8 Magnesita
        15.9 Magnesium Group
        15.10 Magnezit Corporation
        15.11 Queensland Magnesia Pty Ltd
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Magnesite Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Magnesite Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Magnesite Market Size 2018
2 Canada Magnesite Market Share 2018
3 Brazil Magnesite Market Outlook 2019 - 2023
4 Mexico Magnesite Market Research 2018
5 Germany Magnesite Market Trends 2019 - 2023 
6 France Magnesite Market Growth 2019 - 2023 
7 UK Magnesite Market Demand 2019 - 2023 
8 Italy Magnesite Market Segmentation 2018
9 Russia Magnesite Market Analysis 2019 - 2023
10 China Magnesite Market Revenue 2019 - 2023
11 Japan Magnesite Market Volume 2019 - 2023
12 South Korea Magnesite Market Potential 2019 - 2023
13 India Magnesite Market Leaders 2018
14 Saudi Arabia Magnesite Market Forecast 2019 - 2023 
15 Kuwait Magnesite Market Value 2018

List of Figures

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