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Magnesium Oxide Boards Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2024
Length 109 Pages
SKU # FOB18820100

Description

Magnesium Oxide Boards Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Magnesium Oxide Board Market

The magnesium oxide board market size was valued at USD 1557.3 million in 2022, and the market is now projected to grow from USD 1637.9 million in 2023 to USD 2372.7 million by 2032, exhibiting a CAGR of 5.4% during the forecast period of 2023-2030.

The building material industry, including magnesia board manufacturing, faced significant disruption during the COVID-19 outbreak, leading to supply shortages and price fluctuations in raw materials such as magnesium oxide. Companies implemented safety measures for employees amidst crippled demand. Despite challenges, growing awareness of environmentally friendly products boosted demand for magnesium oxide boards due to their durability, particularly in enhancing the lifespan of interior and exterior walls.

Market expansion is propelled by growing investment in eco-friendly construction, driving demand for MgO boards due to their absence of harmful elements like formaldehyde and asbestos. With smokeless, non-toxic, and non-odorous properties, MgO boards align with the increasing preference for environmentally-friendly materials in construction projects.

The continuous uptrend in residential and commercial construction activities is fueling demand for magnesium oxide boards, driven by their excellent insulation, soundproofing, and fire-resistant properties. These characteristics present significant growth opportunities for the magnesium oxide board market as they align with the stringent requirements of modern construction projects.

Comprehensive Analysis of Magnesium Oxide Board Market

The magnesium oxide board market growth is rising at an exponential rate due to its market segmentation. This marketplace enlargement successfully affords an in-depth local exam thinking about the dominant deliver and demand forces that effect the enterprise. These segmentations are methodically segregated by product type analysis, by application analysis. By product type analysis include, thin (<8 mm), medium (8-15 mm), and thick (>15 mm). By application analysis include, residential, commercial, and industrial.

The Asia Pacific region lead the magnesium oxide board market share by benefitting a market size of USD 778.6 million in 2022 due to increasing product demand from developing nations, such as China, India, and other.

The pinnacle players inside the market play a critical function in the enterprise assuring market growth and placing marketplace requirements. These players include, Magnum Board Products, LLC. (U.S.), Ambient Bamboo Products Inc. (U.S.), GemtreeBoard (China), Kunshan Rockmax Building MATERIAL Co., LTD (China), Suparna Building Materials (China), Ukrmagnesit (Ukraine), RPV Industries (India), North American MgO LLC (U.S.), Foreverboard California, Inc. (U.S.), MgOBoards Factory (Saudi Arabia), Earcons Acoustic Building System Private Limited (India) these market players provide a level-playing competitive landscape.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 5.4% from 2023 to 2030

Unit Value (USD Million)

Segmentation By Product Type, Application, and Geography

By Product Type Thin (<8 mm)

Medium (8-15 mm)

Thick (>15 mm)

By Application Residential

Commercial

Industrial

By Geography North America (By Product Type, By Application, By Country)

- U.S.

- Canada

Europe (By Product Type, By Application, By Country)

- Germany

- U.K.

- France

- Italy

- Rest of Europe

Asia Pacific (By Product Type, By Application, By Country)

- China

- India

- Japan

- South Korea

- Southeast Asia

- Rest of Asia Pacific

Latin America (By Product Type, By Application, By Country)

- Brazil

- Mexico

- Rest of Latin America

Middle East & Africa (By Product Type, By Application, By Country)

- Middle East

- Africa


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Table of Contents

109 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Fiber Optics Key Players Market Share/Ranking, 2023
5. Global Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Fiber Type (USD)
5.2.1. Plastic
5.2.2. Glass
5.3. By Type (USD)
5.3.1. Single-mode
5.3.2. Multimode
5.4. By Application (USD)
5.4.1. Telecom
5.4.2. Automobile
5.4.3. Medical Equipment
5.4.4. Power Utilities
5.4.5. Aerospace & Defense
5.4.6. Industrial Automation & Control
5.4.7. Others
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Fiber Type (USD)
6.2.1. Plastic
6.2.2. Glass
6.3. By Type (USD)
6.3.1. Single-mode
6.3.2. Multimode
6.4. By Application (USD)
6.4.1. Telecom
6.4.2. Automobile
6.4.3. Medical Equipment
6.4.4. Power Utilities
6.4.5. Aerospace & Defense
6.4.6. Industrial Automation & Control
6.4.7. Others
6.5. By Country (USD)
6.5.1. United States
6.5.2. Canada
6.5.3. Mexico
7. South America Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Fiber Type (USD)
7.2.1. Plastic
7.2.2. Glass
7.3. By Type (USD)
7.3.1. Single-mode
7.3.2. Multimode
7.4. By Application (USD)
7.4.1. Telecom
7.4.2. Automobile
7.4.3. Medical Equipment
7.4.4. Power Utilities
7.4.5. Aerospace & Defense
7.4.6. Industrial Automation & Control
7.4.7. Others
7.5. By Country (USD)
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South America
8. Europe Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Fiber Type (USD)
8.2.1. Plastic
8.2.2. Glass
8.3. By Type (USD)
8.3.1. Single-mode
8.3.2. Multimode
8.4. By Application (USD)
8.4.1. Telecom
8.4.2. Automobile
8.4.3. Medical Equipment
8.4.4. Power Utilities
8.4.5. Aerospace & Defense
8.4.6. Industrial Automation & Control
8.4.7. Others
8.5. By Country (USD)
8.5.1. Germany
8.5.2. France
8.5.3. Italy
8.5.4. Austria
8.5.5. Finland
8.5.6. Rest of Europe
9. Middle East & Africa Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Fiber Type (USD)
9.2.1. Plastic
9.2.2. Glass
9.3. By Type (USD)
9.3.1. Single-mode
9.3.2. Multimode
9.4. By Application (USD)
9.4.1. Telecom
9.4.2. Automobile
9.4.3. Medical Equipment
9.4.4. Power Utilities
9.4.5. Aerospace & Defense
9.4.6. Industrial Automation & Control
9.4.7. Others
9.5. By Country (USD)
9.5.1. Turkey
9.5.2. Israel
9.5.3. GCC
9.5.4. North Africa
9.5.5. South Africa
9.5.6. Rest of MEA
10. Asia Pacific Fiber Optics Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Fiber Type (USD)
10.2.1. Plastic
10.2.2. Glass
10.3. By Type (USD)
10.3.1. Single-mode
10.3.2. Multimode
10.4. By Application (USD)
10.4.1. Telecom
10.4.2. Automobile
10.4.3. Medical Equipment
10.4.4. Power Utilities
10.4.5. Aerospace & Defense
10.4.6. Industrial Automation & Control
10.4.7. Others
10.5. By Country (USD)
10.5.1. China
10.5.2. India
10.5.3. Japan
10.5.4. South Korea
10.5.5. ASEAN
10.5.6. Oceania
10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Heraeus Group
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Corning Incorporated
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Prysmian Group
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Shin-Etsu Chemical Co, Ltd
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Nokia Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Rosendahl Nextrom GmbH
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. FOLAN
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. CommScope Holding Company, Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. PI (Physik Instrumete) L.P.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. OFS Fitel, LLC
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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