Global Dead Burned Magnesia Market Size By Type (0.90 grade, 0.95 grade), By Application (Steel Industry, Cement Industry), By Geography Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Dead Burned Magnesia Market Size By Type (0.90 grade, 0.95 grade), By Application (Steel Industry, Cement Industry), By Geography Scope And Forecast
Dead Burned Magnesia Market Size And Forecast
Dead Burned Magnesia Market size was valued at USD 950.87 Million in 2021 and is projected to reach USD 1486.12 Million by 2030, growing at a CAGR of 4.76% from 2023 to 2030.
The demand for Dead Burned Magnesia is growing, due to the growth of industries requiring high-temperature resistance, such as steel, cement, non-ferrous metals, ceramics, and glass. Additionally, environmental regulations, infrastructure development, and global industrial growth play significant roles in driving the demand for this refractory material. The Global Dead Burned Magnesia Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Dead Burned Magnesia Market Definition
Dead Burned Magnesia, also known as Dead Burned Magnesite (DBM), is a highly refractory material made from natural magnesite ore that has undergone a calcination process at extremely high temperatures. It is primarily composed of magnesium oxide (MgO) and possesses excellent heat resistance and chemical stability. The production of Dead Burned Magnesia involves heating magnesite ore in a rotary or shaft kiln at temperatures exceeding 1,800 degrees Celsius (3,272 degrees Fahrenheit). This intense calcination process removes any volatile impurities and converts the magnesite into a dense, highly refractory material.
Dead Burned Magnesia is widely used in various industries, particularly in the production of refractory materials. Its exceptional heat resistance makes it suitable for applications where high temperatures are encountered, such as in steelmaking, cement production, and non-ferrous metal processing. It is commonly utilized as a lining material in furnaces, kilns, and other high-temperature equipment due to its ability to withstand extreme heat and chemical corrosion. Additionally, Dead Burned Magnesia finds applications in the manufacturing of insulation materials, electrical heating elements, and ceramics. Its refractory properties make it an essential component in the production of refractory bricks, crucibles, and other refractory shapes.
What's inside a industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Dead Burned Magnesia Market Overview
The steel industry is one of the primary consumers of Dead Burned Magnesia. It is used in the production of refractory linings for steelmaking furnaces, ladles, and other equipment. The high heat resistance and chemical stability of Dead Burned Magnesia make it ideal for these applications, driving the demand for the material. Dead Burned Magnesia is also extensively used in the cement industry. It is employed in the production of refractory linings for cement kilns, where it helps maintain the high temperatures required for the linearization process. As the construction industry continues to grow, the demand for cement increases, thereby driving the demand for Dead Burned Magnesia.
Increasing environmental regulations and the need for energy efficiency in industrial processes have led to the development of advanced technologies, such as energy-saving electric arc furnaces and cleaner steelmaking processes. Dead Burned Magnesia is an essential component in these technologies due to its high-temperature resistance and insulation properties, driving its demand. The quality of the raw magnesite ore used to produce Dead Burned Magnesia is crucial. If the ore contains impurities or has inconsistent mineral composition, it can lead to variations in the final product’s properties.
Impurities can lower the melting point and decrease the refractoriness of the material, hindering its growth. However, the growth in infrastructure projects, such as the construction of buildings, roads, bridges, and other structures, creates a demand for cement and steel, which, in turn, increases the demand for Dead Burned Magnesia. As countries invest in infrastructure development, the demand for refractory materials, including Dead Burned Magnesia, rises.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Dead Burned Magnesia Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Dead Burned Magnesia Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Dead Burned Magnesia Market Segmentation Analysis
The Global Dead Burned Magnesia Market is Segmented on the Basis of Type, Application, And Geography.
Dead Burned Magnesia Market, By Type
90 Grade
95 Grade
97 Grade
Other
Based on Type, the market is segmented into 0.90 grade, 0.95 grade, 0.97 grade, and others. The 0.97-grade segment held the highest market share in the global Dead Burned Magnesia Market in the year 2021. 0.97 refers to a Dead Burned Magnesia with a minimum magnesium oxide (MgO) content of 97%. 0.97 grade is known for its high purity and is often used in refractory applications, such as in the production of bricks, shapes, and monolithic linings for high-temperature environments. It offers excellent resistance to heat, corrosion, and erosion.
Dead Burned Magnesia Market, By Application
Steel Industry
Cement Industry
Non-ferrous Metal Industry
Glass Industry
Other
Based on Application, the market is segmented into the Steel Industry, Cement Industry, Non-ferrous Metal Industry, Glass Industry, and Others. The steel industry segment held the largest market share in the global Dead Burned Magnesia Market in 2021. Dead Burned Magnesia is widely used in steelmaking and steel refining processes. It is employed in the production of basic refractories, such as magnesia carbon bricks and magnesia chrome bricks, which are used for lining steelmaking furnaces, ladles, and other high-temperature vessels. These refractories help withstand the extreme temperatures and corrosive conditions encountered during steel production.
Dead Burned Magnesia Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
On the basis of Geography, the global Dead Burned Magnesia Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region held the highest market share in the global Dead Burned Magnesia Market in the year 2021. China is the largest producer and consumer of Dead Burned Magnesia globally, with a well-established supply chain and significant production capacity. The country’s booming steel, cement, and non-ferrous metals industries contribute to the high demand for Dead Burned Magnesia. China’s abundant magnesite reserves, competitive pricing, and strong refractories industry further reinforce its dominant position in the market.
Key Players
The “Global Dead Burned Magnesia Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are RHI-Magnesita, Magnezit Group, Martin Marietta Magnesia Specialties, SMZ Jelsava, Nedmag Industries, Kumas Magnesite Works, Baymag, Grecian Magnesite, Industrias Penoles, Ube Material Industries, Haicheng Houying Group, Haicheng Magnesite Refractory, Haicheng Huayu Group, Jiachen Group, Qinghua Refractory Group, Dashiqiao Huamei Group among others.
Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
Sample Report for Global Dead Burned Magnesia Market Size By Type (0.90 grade, 0.95 grade), By Application (Steel Industry, Cement Industry), By Geography Scope And Forecast