The global Fused Magnesia market was valued at 78.52 Million USD in 2021 and will grow with a CAGR of 1.18% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

This report studies the Fused Magnesia market, Fused magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000°C. Fused magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.The global production of Fused Magnesia increases from 1350 K MT in 2013 to 1378 K MT in 2017, and expect to grow at a CAGR of -1.41% from 2017 to 2023. The major manufacturers mainly concentrate inChina and Europe. In 2017, China Fused Magnesia production share was about 50%. Europe production share took 26.5% and North America production share also took 5.86%. Fused Magnesia is an important inorganic material which can be used for Refractories, Steel Coatings, Ceramics and others. The largest end use for Fused Magnesia, accounting for about 41.92% of consumption in 2017, is in Steel Coatings. The use of Fused Magnesia in Refractories was a fast-growing application, and accounted for about 38.32% of Fused Magnesia consumption in 2017. There are companies adding new capacities and aim at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Fused Magnesia market will become more intense. This is the end of Fused Magnesia report.

By Market Verdors:

Magnezit Group

Liaoning Jinding Magnesite Group

Haicheng Magnesite

Kumas Manyezit Sanayi

Magnesita Refractories

Imerys Fused Minerals

Jiachen Group

GRECIAN MAGNESITE

Intco GmbH

By Types:

96% Content

97% Content

98% Content

By Applications:

Refractories

Steel Coatings

Ceramics

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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