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Classified in: Covid-19 virus
Subject: MRR

Magnesite Market Size to Grow by USD 1.25 bn from 2020 to 2025 | Growing Demand for Refractories from the Steel Industry to Boost Market Growth | 17,000+ Technavio Research Reports


NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Magnesite Market by Application (Refractory and Others) and Geography (APAC, Europe, North America, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the magnesite market between 2020 and 2025 is USD 1.25 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

The growing demand for refractories from the steel industry and growth in the automotive industry are some of the key market drivers. However, factors such as the increasing price of magnesite in China will challenge market growth.

To learn about additional key drivers, trends, and challenges available with TechnavioRead our FREE Sample Report right now!

The magnesite market report is segmented by application (refractory and others) and geography (APAC, Europe, North America, South America, and MEA). APAC will be the leading region with 57% of the market's growth during the forecast period. China, Japan, and India are the key markets for magnesite in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities.

Some Companies Mentioned           

Related Reports:

Magnesite Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.24%

Market growth 2021-2025

USD 1.25 billion

Market structure

Fragmented

YoY growth (%)

4.20

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 57%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Calix Ltd., GRECIAN MAGNESITE SA, IBAR Nordeste, Magnesitas Navarras SA, Magnezit Group, Refratechnik Holding GmbH, and RHI Magnesita GmbH

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio


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