Global Magnesite Market 2018-2022
21:37 ET
LONDON, Sept. 25, 2018 /PRNewswire/ --
About Magnesite
Magnesite or magnesium carbonate (MgCO3) is an important ore that is used to produce magnesium. It occurs in ultramafic rocks, peridotite, serpentinite, and other magnesium-rich rocks. Magnesite exhibits superior flame and heat retardant properties; thus, it is mainly in refractory applications. The global magnesite market has been estimated based on the global consumption of magnesite.
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Technavio's analysts forecast the global magnesite market to grow at a CAGR of 5.54% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global magnesite market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Magnesite Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• GRECIAN MAGNESTIE
• JDMG
• Küma? Manyezit Sanayi
• Magnezit Group
• RHI Magnesita
• Wancheng Meiye Jituan Youxiangongsi
Market driver
• Growing demand for refractories from the steel industry
• For a full, detailed list, view our report
Market challenge
• Increasing price of magnesite in China
• For a full, detailed list, view our report
Market trend
• Growth in the automotive industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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