The Global Magnesium Oxide Boards Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
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. The demand for Magnesium Oxide Boards is expected to continue increasing during the remaining years of the forecast period of 2016-2022. Magnesium Oxide Boards industry will be used in a stable growth space.
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. In particular, this report presents the global market share (sales and revenue) of key companies in Magnesium Oxide Boards business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Magnum Building Products
- Gemtree Board
- Huizhou Meisen Board
- Yongjia Decorative Material
- Ruenzhong Building Material
- Hongcheng Board
- Shandong Oulade
- Wantai Wood
- Shanghai Xinlong Fireproofing
- Suqian Tianyi
- Pengfei Fireproof New Materials
- Suzhou Kunshi New Building Materials
Segmentation by product type:
- Thin (<8 mm)
- Medium (8-15 mm)
- Thickness (>15mm)
Segmentation by application:
- Residential Building
- Commercial Building
- Industrial Buildings
This report also splits the market by region:
- United States
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- To study and analyze the global Magnesium Oxide Boards consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Magnesium Oxide Boards market by identifying its various subsegments.
- Focuses on the key global Magnesium Oxide Boards manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Magnesium Oxide Boards with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Magnesium Oxide Boards submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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