Magnesium Olivine Sand Powder Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
115202 | Date :
Feb, 2023 | Pages :
182 | Region : Global |
Publisher : Ri research
The mineral olivine is a magnesium iron silicate with the formula (Mg+2, Fe+2)2SiO4. Thus it is a type of nesosilicate or orthosilicate. It is a common mineral in the Earth&s subsurface but weathers quickly on the surface. This report focuses on its sand and powder.
Currently, some companies in the world can produce magnesium olivine sand powder product, mainly concentrating in India, China and Europe. The main market players are Unimin, Dakduklu Minerals, Thermolith SA, Eryas, Egamin, Ore-Met, Xinmi Xinxin, Xixia Yuchenng, Xixia Sheng Metallurgical Material, etc. The production of magnesium olivine sand powder will increase from 672 K MT in 2011 to 879 K MT in 2016, with an average growth rate of 4.30%. Global magnesium olivine sand powder capacity utilization rate remained at around 80.18% in 2015.
In consumption market, the growth rate of global consumption is smooth relatively. China and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
There are three major size of magnesium olivine sand powder; 100-270 mesh products occupied the largest market, with the market share of 62.33% in 2015. Magnesium olivine sand powder is widely consumed in refractory industries for producing basic refractory products along with dead burnt magnesite. With the development of economy, these industries will need more magnesium olivine sand powder. So, magnesium olivine sand powder has a huge market potential in the future.
The major raw material for magnesium olivine sand powder is nature olivine [(Mg, Fe) 2•SiO4]. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of magnesium olivine sand powder industry.
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The report offers detailed coverage of Magnesium Olivine Sand Powder industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Magnesium Olivine Sand Powder by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Magnesium Olivine Sand Powder market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Magnesium Olivine Sand Powder market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Magnesium Olivine Sand Powder according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
30-100 mesh
100-270 mesh
270-325 mesh
Others Market by Application
Foundry Molding Sand
Metallurgical Auxiliary Material
High-temperature Refractory
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Magnesium Olivine Sand Powder market for the forecast period 2023 - 2030?
• What are the driving forces in the Magnesium Olivine Sand Powder market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Magnesium Olivine Sand Powder industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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