Magnesium Oxide Nanopowder Market, By Type (99% Magnesium Oxide Nanopowder, 99.9% Magnesium Oxide Nanopowder, 99.99% Magnesium Oxide Nanopowder, and 99.999% Magnesium Oxide Nanopowder), By Application (Oil Products, Coatings, Construction & Ceramic, Advanced Electronics, Aerospace’s, Ceramics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Trends, Analysis and Forecast till 2030

Magnesium oxide nanopowder market accounted for US$ 1.69 billion in 2020 and is estimated to be US$3.42 billion by 2030 and is anticipated to register a CAGR of 7.4%.

Magnesium oxide (MgO) nanopowder is a fine white powder. It is made up of magnesium oxide particles ranging from 10 to 30nm in diameter. This oxide nanomaterial is widely used across a wide array of industries. Magnesium oxide nanopowder includes properties such as its unique refractory and thermal properties. In addition, it acts as an insulator. Magnesium oxide nanoparticles had gain considerable attraction due to its antimicrobial properties against bacteria, spores, viruses. These nanoparticles are also available in ultra-high purity, coated and dispersed forms. It is prepared by mixing aqueous solutions of magnesium sulphate and sodium hydroxide, then it heated continuously at 300 C for hours. Magnesium Oxides may be used for different reasons, some people use it as an antacid to relieve heartburn, sour stomach, or acid indigestion.

Rising demand of magnesium as fuel additives

Magnesium oxide is used as a fuel filler that essentially reduces the corrosion of industrial boiler machinery burning liquid and solid fuel at low and elevated temperatures. This function as ash and corrosion detergents in gas turbines and engines. Magnesium oxide nanopowder is used as inflame retardant chemicals which slows down ignition and prevent this support the growth of this market.  Along with sawdust, wood shavings, magnesium oxide nanopowder is also used to create fire-resistant fiberboards and other refractory products as well as metal ceramics with the benefit of light weight, sound insulation and thermal insulation.

However, health hazards of magnesium oxide, metal fume fever is caused with the inhalation of magnesium oxide fumes, which in turns hamper the growth of this market.

Magnesium oxide nanopowder market is segmented based on type, application, and region.

On the basis of type, the magnesium oxide nanopowder market is segmented into 99% MgO nanopowder, 99.9% MgO nanopowder, 99.99% MgO nanopowder, and 99.999% MgO nanopowder. On the basis of application, the target market is segmented into oil products, coatings, construction & ceramic, advanced electronics, aerospace’s, ceramics and others.

Regional Insights:

On region the Magnesium oxide nanopowder market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Recently, Asia Pacific holds a top position in market share owing to increase in demand for electronics in China, India and other Asian countries. North America holds a second position owing to rise in petrochemical industry. The Middle East Africa is expected grow during forecast periods.

Magnesium Oxide Nanopowder Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the magnesium oxide nanopowder market report based on type, application, and region.

Magnesium Oxide Nanopowder Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the magnesium oxide nanopowder market includes American Elements Corp., US Research Nanomaterials, Inc., Stream Chemical, Inc., Eprui Nanoparticles & Microspheres Co., Ltd., Sigma Aldrich Corp., Inframat Alloys Pvt Ltd., Nanowerk LLC, NaBond Technologies Co., Limited, Nanostructured & Amorphous Materials, Inc., Sky Spring Nanomaterials, Inc.

• American Elements Corp.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• US Research Nanomaterials, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Stream Chemical, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Eprui Nanoparticles & Microspheres Co., Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Sigma Aldrich Corp.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Inframat Alloys Pvt Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Nanowerk LLC
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• NaBond Technologies Co., Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Nanostructured & Amorphous Materials, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• SkySpring Nanomaterials, Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance