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 Technavio, Read 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:
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SOURCE Technavio
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