Magnesite Market, By Type (Fused Magnesia, Magnesite Ore, Dead Burned Magnesia, and Others), By End-Use Industry (Construction, Chemical, Industrial, Agriculture, and Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI15719 | Publish Date: May 2024 | No. of Pages: 163

Global Magnesite Market By Type Overview

Magnesite Market accounted for US$ 505.25 million in 2020 and is estimated to be US$ 909.59 million by 2030 and is anticipated to register a CAGR of 6.10%.

Magnesite is a type of natural mineral, commonly found in magnesium-rich rocks. It is brittle and in its purest form contains around 50% magnesium, which makes it an ideal mineral to produce magnesium. Magnesium has many applications ranging from automotive, power, optics, and electronics. Magnetite is used in various end-use industries such as agriculture, construction, and chemicals. Magnesite is also used as a catalyst in the manufacturing of synthetic rubber.

Global Magnesite Market By Type Dynamics

Increasing applications of magnesite

Increasing applications of magnesite coupled with rising demand for magnesite from various end-use industries across developed and developing economies are major factors driving growth of the global market currently. Moreover, rapid industrialization in emerging economies and growth in construction industries are other major factors expected to boost growth of the global market over the forecast period.

Stringent government and environmental regulations

However, stringent government and environmental regulations on production of steel and related metals wherein magnesite is widely used is a major factor hampering growth of the global market.

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Global Magnesite Market By Type Segmentation

The magnesite market has been segmented on the basis of type, end-use industry, and region.

The type segment includes fused magnesia, magnesite ore, dead-burned magnesia, and others. Further, the global market is segmented by end-use industry, which includes construction, chemical, industrial, agriculture, and others.

Regional Insights:

For a detailed understanding of market dynamics, On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market in North America is expected to account for a major revenue share as compared to that of other regions. This can be attributed to the high demand for magnesite from construction industries in countries in the region. Also, the market in Europe is expected to account for the second-highest revenue share in the global market, followed by the market in Asia Pacific. Moreover, the market in Asia Pacific is projected to witness significant growth over the forecast period. This is due to rapid industrialization and growing demand for magnesite from various industries in emerging economies in the region.

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Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Type- Fused Magnesia, Magnesite Ore, Dead Burned Magnesia, and Others

By End-User- Construction, Chemical, Industrial, Agriculture, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Detailed Segmentation:

Magnesite Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Magnesite Market, By Type
      • Middle East & Africa Magnesite Market, By End-User
      • Middle East & Africa Magnesite Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Magnesite Market, By Type
      • Latin America Magnesite Market, By End-User
      • Latin America Magnesite Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Magnesite Market, By Type
      • Asia Pacific  Magnesite Market, By End-user
      • Asia Pacific Magnesite Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • North America Magnesite Market, By Type
    • North America Magnesite Market, By End-User
    • North America Magnesite Market, By Country
      • Canada
      • Europe
    • Europe Magnesite Market, By Type
    • Europe Magnesite Market, By End-User
    • Europe Magnesite Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe

Global Magnesite Market By Type Key Players

Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the Magnesite Market. Key players operating in the Magnesite Market includes Grecian Magnesite, RHI Magnesita GmbH, Sibelco Australia Limited, Magnezit Group, and Baymag, amongst others.

Global Magnesite Market By Type Company Profile

  • Grecian Magnesite
      • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance
  • RHI Magnesita GmbH
      • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance
  • Sibelco Australia Limited
      • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance
  • Magnezit Group
      • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance
  • Baymag
      • Company Overview 
      • Product Portfolio
      • Key Highlights
      • Financial Performance

Global Magnesite Market By Type Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Magnesite Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
    • Overview                
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Fused Magnesia
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Magnesite Ore
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Dead Burned Magnesia
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By End-User, 2020 – 2030, (US$ Mn)
    • Overview                     
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Construction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Chemicals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Industrial
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Agriculture
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • Grecian Magnesite
    • Financial Performance
    • Key Highlights
    • Product Portfolio
    • Company Overview 
  • RHI Magnesita GmbH
    • Financial Performance
    • Key Highlights
    • Product Portfolio
    • Company Overview 
  • Sibelco Australia Limited
    • Financial Performance
    • Key Highlights
    • Product Portfolio
    • Company Overview 
  • Magnezit Group
    • Financial Performance
    • Key Highlights
    • Product Portfolio
    • Company Overview 
  • Baymag
    • Financial Performance
    • Key Highlights
    • Product Portfolio
    • Company Overview 

The Last Word

  • Future Impact
    • About Us
    • Contact

FAQs

Magnesite Market report segments the market on the basis of type, end-user and region.

Increasing applications of magnesite coupled with rising demand for magnesite from various end-use industries across developed and developing economies are major factors driving growth of the global market currently.

North America dominated the worldwide market of magnesite during the forecast year.

Key players operating in the Magnesite Market includes Grecian Magnesite, RHI Magnesita GmbH, Sibelco Australia Limited, Magnezit Group, and Baymag, amongst others.