Electrical Grade Fused Magnesia (FM) is produced by smelting of calcined magnesia in electric arc furnaces at above 3000°C. Electrical Grade Fused Magnesia is considered to be one of the best thermal and electrical insulators with high density, high purity and large crystals.
Europe is the largest Electrical Grade Fused Magnesia market with about 50% market share. North America is follower, accounting for about 21% market share.
The key players are Imerys Fused Minerals, Industrias Penoles, Tateho, Kumas Manyezit Sanayi A.S., Liaoning Jinding Magnesite Group, Haicheng Magnesite, Magnezit Group, GRECIAN MAGNESITE etc. Top 3 companies occupied about 56% market share.
The global Electrical Grade Fused Magnesia market was valued at US$ 251 million in 2020 and it is expected to reach US$ 372.4 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- FM 97
- FM 96
- FM 90
Segment by Application
- High Temperature Products
- Medium Temperature Products
- Low Temperature Products
- Imerys Fused Minerals
- Industrias Penoles
- Kumas Manyezit Sanayi A.S.
- Liaoning Jinding Magnesite Group
- Haicheng Magnesite
- Magnezit Group
- Grecian Magnesite
Production by Region
- North America
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Mr. Shirish Gupta
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