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Magnesium Raw Materials Market Is Expected to 520 Million Usd by the End of 2025

Magnesium Raw Materials Market assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

 

Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- The eighth most abundant element in nature, magnesium constitutes 2.4 percent of Earth's crust. Because of its strong reactivity, it does not occur in the native state, but rather it is found in a wide variety of compounds in seawater, brines, and rocks. Among the ore minerals, the most common are the carbonates dolomite (a compound of magnesium and calcium carbonates, MgCO3·CaCO3) and magnesite (magnesium carbonate, MgCO3). Less common is the hydroxide mineral brucite, Mg(OH)2, and the halide mineral carnallite (a compound of magnesium and potassium chlorides and water, MgCl2·KCl·6H2O). This report mainly covers magnesite and brucite. It has a silvery-white colour and tarnishes slightly in air.

The Magnesium raw materials concentration is very high; there are major manufacturers in China. The manufacturers in China have a long history and unshakable status in this field. Manufacturers such as Magnezit have relative higher level of product's quality. As to China, Haicheng Megnesite has become as a global leader in the magnesite, Dandong Jinyuan has become as a global leader in the brucite. The China take almost a half of the whole revenue market share.

We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.

The global Magnesium Raw Materials (Magnesite and Brucite) market was 380 million US$ in 2018 and is expected to 520 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.

This report studies the Magnesium Raw Materials (Magnesite and Brucite) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Magnesium Raw Materials (Magnesite and Brucite) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

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

Dandong Jinyuan

Dandong Xinyang

Dandong C.L.M.

Dandong Yongfeng

Dandong Xinda

Shanxi Tianbao

By the product type, the market is primarily split into

Phanerocrystalline magnesite

Cryptocrystalline magnesite

By the end users/application, this report covers the following segments

Dead-burned magnesia

Caustic-calcined magnesia

Fused or electrofused magnesia

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