Magnesium Raw Materials Market: By Type (Magnesite, Brucite, Dolomite, Bishovite, Olivine, Carnallite), By Application Mode (Dead Burned Magnesia, Caustic-Calcined Magnesia, Fused Magnesia, Electrofused Magnesia, Others), and Geography

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Magnesium Raw Materials Market size valued USD 422.4 million in 2022 and is poised to grow at a CAGR of 4.2% from 2023-2029. Upsurge in demand for magnesium and its alloys, particularly from the automotive industry is positively impacting the market growth. Furthermore, growth in the usage of magnesium in the manufacturing of aluminum alloys and in die molding methods is projected to escalate the demand for magnesium raw materials. Moreover, rising acceptance of aluminum-magnesium alloys coupled with die cast magnesium in transport segment is anticipated to appendage the market growth. In addition, developments in technology besides increasing investments in R&D activities to accomplish the cumulative demands of magnesium is expected to bolster the demand for magnesium raw materials. However, emission of harmful UV radiations when burnt and explosive nature of magnesium raw materials tends to hamper the growth of market. This report studies global Magnesium Raw Materials industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Magnesium Raw Materials industry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Global Magnesium Raw Materials Industry Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.2%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America
Magnesium Raw Materials Market Dynamics

Magnesium raw materials finds a wide range of applications in dead burned magnesia, caustic-calcined magnesia, fused magnesia, electro fused magnesia, others. Caustic – calcined magnesia is expected to register a significant CAGR in the coming years. Caustic calcined magnesia products are used for the widest spectrum of solicitations, explicitly chemical, steel / refractories construction, industrial/technical, agricultural, environmental. Deadburned magnesia has an essential requirements for refractory masses, wielding fluxes, displays high substance concentrations with low porosity and high hydration resistance, and other applications.

Key Features of the Reports

  • The magnesium raw materials industry market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Magnesium Raw Materials Industry Market Segmentation

By Type
  • Magnesite
  • Brucite
  • Dolomite
  • Bishovite
  • Olivine
  • Carnallite
By Application
  • Dead Burned Magnesia
  • Caustic-Calcined Magnesia
  • Fused Magnesia
  • Electrofused Magnesia
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Frequently Asked Questions

The magnesium raw materials market size was valued at USD 422.4 million in 2022

The magnesium raw materials market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

North America is the fastest-growing for magnesium raw materials market

  1. Executive Summary
  2. Global Magnesium Raw Materials Market Introduction
    • Global Magnesium Raw Materials Market - Taxonomy
    • Global Magnesium Raw Materials Market -Definitions
      • Type
      • Application
  1. Global Magnesium Raw Materials Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Magnesium Raw Materials Industry Market Dynamic Factors - Impact Analysis
    • Global Magnesium Raw Materials Industry Market - Competition Landscape
  2. Global Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Magnesium Raw Materials Industry Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Magnesite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Brucite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dolomite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bishovite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Olivine
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Carnallite
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Magnesium Raw Materials Industry Market Forecast, By Application Mode, 2018 - 2022 and Forecast, 2023 - 2029
    • Dead Burned Magnesia
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Caustic-calcined Magnesia
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fused Magnesia
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrofused Magnesia
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Magnesium Raw Materials Industry Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Region, 2023 - 2029
  2. North America Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Magnesite
      • Brucite
      • Dolomite
      • Bishovite
      • Olivine
      • Carnallite
    • Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Dead Burned Magnesia
      • Caustic-Calcined Magnesia
      • Fused Magnesia
      • Electrofused Magnesia
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • North America Magnesium Raw Materials Industry Market Dynamics - Trends
  3. Europe Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Magnesite
      • Brucite
      • Dolomite
      • Bishovite
      • Olivine
      • Carnallite
    • Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Dead Burned Magnesia
      • Caustic-Calcined Magnesia
      • Fused Magnesia
      • Electrofused Magnesia
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Europe Magnesium Raw Materials Industry Market Dynamics - Trends
  4. Asia-Pacific Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Magnesite
      • Brucite
      • Dolomite
      • Bishovite
      • Olivine
      • Carnallite
    • Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Dead Burned Magnesia
      • Caustic-Calcined Magnesia
      • Fused Magnesia
      • Electrofused Magnesia
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Asia-Pacific Magnesium Raw Materials Industry Market Dynamics - Trends
  5. Latin America Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Magnesite
      • Brucite
      • Dolomite
      • Bishovite
      • Olivine
      • Carnallite
    • Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Dead Burned Magnesia
      • Caustic-Calcined Magnesia
      • Fused Magnesia
      • Electrofused Magnesia
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • Latin America Magnesium Raw Materials Industry Market Dynamics - Trends
  6. Middle East and Africa Magnesium Raw Materials Industry Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Magnesite
      • Brucite
      • Dolomite
      • Bishovite
      • Olivine
      • Carnallite
    • Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Dead Burned Magnesia
      • Caustic-Calcined Magnesia
      • Fused Magnesia
      • Electrofused Magnesia
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Magnesium Raw Materials Industry Market - Opportunity Analysis Index, By Type, Application, and Country, 2023 - 2029
    • MEA Magnesium Raw Materials Industry Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Queensland Magnesia
      • Grecian Magnesite
      • Russian Mining Chemical
      • Garrison Minerals
      • Premier Magnesia
      • Ramakrishna Magnesite Mines
      • Haicheng Magnesite
      • Liaoning Jinding Magnesite Group
      • Houying Group
      • Dandong Jinyuan Minerals Limited Company
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Queensland Magnesia
  • Grecian Magnesite
  • Russian Mining Chemical
  • Garrison Minerals
  • Premier Magnesia
  • Ramakrishna Magnesite Mines
  • Haicheng Magnesite
  • Liaoning Jinding Magnesite Group
  • Houying Group
  • Dandong Jinyuan Minerals Limited Company

Adjacent Markets