Magnesium Oxide board (commonly known as Glass magnesium plate) is based on Magnesium Oxide, magnesium chloride, and water, through the configuration and modification of the performance, become into stable magnesium cementitious materials. With special production process, with anti-fire, anti-water, tasteless, non-toxic, high strength and light weight, convenient construction, long service life and so on
The technical barriers of Magnesium Oxide Boards are relatively low, and the major country is China, China is the largest producer and consumer, almost 43.53% of total consumption in 2016, followed by USA with 19.76% of consumption share.
Magnesium Oxide Boards has a wide range of applications. Magnesium Oxide Boards is used in Interior Decoration, Exterior Decoration. Therefore, growing demand for commercial and residential buildings has driven the growth of global Magnesium Oxide Boards market.
According to this study, over the next five years the Magnesium Oxide Boards market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 2120 million by 2024, from US$ 1650 million in 2019.
Global Magnesium Oxide Boards Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Magnesium Oxide Boards Industry report also provides essential attributes associated with Magnesium Oxide Boards market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Magnesium Oxide Boards Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Magnesium Oxide Boards business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Magnesium Oxide Boards market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Magnum Building Products
Huizhou Meisen Board
Yongjia Decorative Material
Ruenzhong Building Material
Shanghai Xinlong Fireproofing
Pengfei Fireproof New Materials
Suzhou Kunshi New Building Materials
Market Segment by Type, covers:
Thin (<8 mm)
Medium (8-15 mm)
Market Segment by Applications, can be divided into:
The prospective of this Magnesium Oxide Boards industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Magnesium Oxide Boards present market share and future prospects of the segment in terms of has also been explored in this report.
Global Magnesium Oxide Boards market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Magnesium Oxide Boards report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Magnesium Oxide Boards Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.