Fused Magnesium Oxide Market Segmented by Material, Type, End-User Industry and Geography – Trends and Forecasts 2023

Fused Magnesium Oxide Market Trends,
Growth, Type and Application, Manufacturers,
Regions & forecast to 2023
“Magnesium oxide is a naturally occurring periclase white solid mineral
and a source of magnesium. Fused magnesium oxide is perfectly
crystallized, has strong resistance to corrosion, is dense in texture and
performs excellently in high temperatures. It is gaining popularity since
it performs well under extreme conditions.”
Global Fused Magnesium Oxide Market is expected to witness substantial growth in the coming years due to high
demand form the automotive industry. Magnesium oxide is a naturally occurring periclase white solid mineral and a
source of magnesium. Fused magnesium oxide is perfectly crystallized, has strong resistance to corrosion, is dense in
texture and performs excellently in high temperatures. It is gaining popularity since it performs well under extreme
conditions. Fused magnesium oxide is majorly used to manufacture crucibles and furnace linings that produce alloy
steels. It is also an excellent electrically insulated material.
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The major drivers of fused magnesium oxide market are increase in demand from agriculture and iron & steel industry,
growth in industrialization and increasing emphasis on sustainable industry activities. Moreover, rise in demand from
refractory application and steady growth in the industry is also driving the market. High availability of magnesium
substitutes that decreases the demand for magnesium oxide is hampering the market growth. Magnesium substitutes
have similar chemical and physical properties.
Increase in the number of mergers with suppliers by refractory organizations for ensuring consistent raw material
supply is an emerging trend in the market. This saves cost and improves efficiency for the companies.

Fused magnesium oxide market is categorized on the basis of type, application, and geography. On the basis of type,
market is divided into dead-burned magnesia (DBM), caustic calcined magnesia and fused magnesia. Caustic calcined
magnesia segment is expected to hold larger share of the market due to high demand from agriculture. Based on
application, market is divided into chemical intermediates, application, refractory, construction, and others. Refractory
segment is predicted to lead the fused magnesium oxide market in future.
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Geographically, market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Asia Pacific is expected to dominate the market due to existence of large number of market players, cheap labor, and
outsourced production activities. North America and Europe are also leading the fused magnesium oxide industry due
to growing technological advancements.
The prominent players in fused magnesium oxide market comprise Grecian Magnesite S.A., ICL, Baymag Inc., Martin
Marietta, PremierMagnesia LLC, SMZ, a.s. Jelsava, Xinyang Mineral Group, Kumas Magnesite Industry Inc., RHI
Magnesita N.V., Tateho Chemicals Industries Co., and Ube Industries Ltd.
Market Segment:
Report contents include
• Analysis of the fused magnesium oxide market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on fused magnesium oxide including products, sales/revenues, and market position
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Key regions
• North America

• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• request free sample to get a complete list of companies
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