Press release
Light Magnesium Oxide Market Research Report 2023 - valuates Reports
Light magnesium oxide is white amorphous powder, odorless, tasteless, and non-toxic. Melting point is 2852 ℃. Light magnesium oxide is insoluble in water and ethanol, soluble in acid and ammonium salt.Light magnesium oxide can be used as filling and reinforcing agent for light-colored plastic and rubber products, polishing agent, binding agent, accelerator and activator for fluorine and chloroprene rubber. Light magnesium oxide can be used for making ceramic, enamel, advanced refractory materials. It can be used for making magnesium chloride cement by mixing with magnesium chloride solution. Light magnesium oxide is widely used in glass, dyes, phenolic plastic and other fields.
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The global Light Magnesium Oxide market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Light Magnesium Oxide is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Light Magnesium Oxide is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Light Magnesium Oxide include Richard Baker Harrison Ltd, Konoshima Chemical Co.,Ltd, Tateho Chemical Industries Co, Gongyi Qianghong Magnesium Technology Co., Ltd, Meishen Technology Co.,LTD., Yixing City Chengzhi Chemical Co and Shanghai Yuejiang Titanium Chemical Manufacturer Co, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Light Magnesium Oxide, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Magnesium Oxide.
The Light Magnesium Oxide market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Light Magnesium Oxide market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Light Magnesium Oxide manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
-Richard Baker Harrison Ltd
-Konoshima Chemical Co.,Ltd
-Tateho Chemical Industries Co
-Gongyi Qianghong Magnesium Technology Co., Ltd
-Meishen Technology Co.,LTD.
-Yixing City Chengzhi Chemical Co
-Shanghai Yuejiang Titanium Chemical Manufacturer Co
Segment by Type
-Food Grade
-Industrial Grade
-Pharmaceutical Grade
-Others
Segment by Application
-Metallurgical Industry
-Rubber Industry
-Pharmaceutical Industry
-Food Industry
-Plastic Industry
-Chemical Industry
-Others
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