Global Fused Magnesia Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

This report studies the Fused Magnesia market, Fused magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000ﾰC. Fused magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.
According to our (Global Info Research) latest study, the global Fused Magnesia market size was valued at USD 906.6 million in 2022 and is forecast to a readjusted size of USD 995.1 million by 2029 with a CAGR of 1.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The concentration of Fused Magnesia industry is low. The top 8 companies accounted for about 45% production volume market share. The major production regions mainly locate in China and Europe. And the major manufacturers are included RHI Magnesita, Magnezit Group, Liaoning Jinding Magnesite Group, Haicheng Magnesite, Kumas Manyezit Sanayi, Imerys Fused Minerals, Jiachen Group and GRECIAN MAGNESITE, etc.
The major manufacturers mainly concentrate in China and Europe. China Fused Magnesia production share was about 57%. Europe production share took 23% and North America production share also took 4%.
The largest end use for Fused Magnesia, accounting for about 60% of consumption, is in Steelmaking. The use of Fused Magnesia in Cementwas a fast-growing application, and accounted for about 9% of Fused Magnesia consumption.
This report is a detailed and comprehensive analysis for global Fused Magnesia market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Content and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Fused Magnesia market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fused Magnesia market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fused Magnesia market size and forecasts, by Content and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Fused Magnesia market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fused Magnesia
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fused Magnesia market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include RHI Magnesita, Magnezit Group, Liaoning Jinding Magnesite Group, Haicheng Magnesite and Kumas Manyezit Sanayi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Fused Magnesia market is split by Content and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Content, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Content
    0.96
    0.97
    0.98
    Others
Market segment by Application
    Steelmaking
    Cement
    Nonferrous Metals Industries
    Others
Major players covered
    RHI Magnesita
    Magnezit Group
    Liaoning Jinding Magnesite Group
    Haicheng Magnesite
    Kumas Manyezit Sanayi
    Imerys Fused Minerals
    Jiachen Group
    GRECIAN MAGNESITE
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fused Magnesia product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fused Magnesia, with price, sales, revenue and global market share of Fused Magnesia from 2018 to 2023.
Chapter 3, the Fused Magnesia competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fused Magnesia breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Content and application, with sales market share and growth rate by content, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Fused Magnesia market forecast, by regions, content and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fused Magnesia.
Chapter 14 and 15, to describe Fused Magnesia sales channel, distributors, customers, research findings and conclusion.