The global magnesium oxide nanopowder market is anticipated to witness a significant growth in the coming years owing to its different applications in various industries. Magnesium oxides which known by the name of magnesia alba, has no taste, and odor. It is a non-toxic hygroscopic solid mineral which has high melting point. This mineral is known to highly pure in nature. Reasons leading to magnesium oxide to be used in various cement, ceramics, fuel additive, glass, and furnaces linings is its displays magnetic, electrical, optical, and chemical properties due to its small particle size and large specific surface area.
However, it has been noticed that increasing population who are concerned about the environment owing to the rise in greenhouse gas and depletion of oxygen is anticipated to create a roadblock in the path of the market growth. Apart from this, expensive cost of production is likely to deter the market growth. Nonetheless, the specific properties of magnesium oxide is anticipated to drive the market by finding its application in other industries. The global magnesium oxide nanopowder market is predicted to expand at a robust CAGR of 8.30% during the forecast period, 2015 – 2023. The market by the end of the assessed period is likely to touch US$3.4 bn fromUS$1.6 bn in 2014.
The global magnesium oxide nanopowder market is classified on the basis of end user and region. On the basis of end user, the market is segregated into paints and coatings, electronics, construction, furnaces and boilers, and electrical. Amongst the pack, furnace and boilers held the major share in the market. Magnesium oxide nanopowder which possess a higher thermal stability is an idle material for refractories that is used by furnace linings and boilers. The furnace and boiler end user segment held a whopping share of 40% in recent years. Apart from these, owing to anti corrosion and fire-retardant properties, magnesium oxide nanopowder is extensively used in paints and coatings applications. Due to high insulating nature of magnesium oxide nanopowder, it finds its usage as a filler in electric insulating material which can be used in crucibles, insulated conduits, electrode sheets, electrode bars, and smelters.
Aggressive construction activities all across the world, particularly in the developing countries such as Brazil, South Africa, Egypt, India, China, and Japan, have helped the market to grow at an exponential rate. Recently, owing to an extensive research and development at the Northeastern University, found out that magnesium oxide nanoparticles exhibit properties that are favorable for using it in orthopedic tissue engineering. This has created a whole new growth opportunity for the market. Use of magnesium oxide nanopowder in the healthcare sector would help the market to grow stupendously. Apart from these, magnesium oxide nanopowder is used extensively in the pharmaceutical industry. Robust growth of pharmaceutical industry due to rising number of disorder cases along with rise in geriatric population is likely to catapult the global magnesium oxide nanoparticles market. It has been noticed that mass production of magnesium oxide nanopowder is expected to plunge down the manufacturing cost, this will help twitch up the applications of magnesium oxide nanopowder.
On the basis of geography, the market is spread across North America, Asia Pacific, Latin America, Middle East and Africa, and Europe. Recently, Asia Pacific held a lion’s share in terms of volume owing to increase in demand for electronics materials in China, India, and other Asian countries. The region held a mind boggling 35% of the overall market in terms of volume. However, North America holds the second spot owing to rise in petrochemical industry. The Middle East and Africa is anticipated to grow in years to come. Some of the major players in the market are American Elements, Nanostructured & Amorphous Materials, Inc., US Research Nanomaterials, Inc., and SkySpring Nanomaterials, Inc.
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology
Chapter 2 Executive Summary
2.1 Global Magnesium Oxide Nanopowder Market, 2014 - 2023, (Tons) (US$ Mn)
2.2 Magnesium Oxide Nanopowder: Market Snapshot
Chapter 3 Magnesium Oxide Nanopowder Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growing Demand for Refractory Material Industry Expected to Drive Magnesium Oxide Nanopowder Market
3.3.2 Rising Demand for Fuel Additive Industry Estimated to Drive Magnesium Oxide Nanopowder Market
3.3.3 Increase in Demand from Flame Retardant Market Projected to Boost Magnesium Oxide Nanopowder Market
3.4 Restraints
3.4.1 High Cost of Magnesium Oxide Nanopowder Production is Expected to Act as Barrier in the Growth of Magnesium Oxide Nanopowder Market
3.4.2 Adverse Impact on Environment Due to Pollution Caused by Magnesium Oxide Nanopowder May Impact The Magnesium Oxide Nanopowder Market
3.5 Opportunity
3.5.1 Development of Cost Effective Manufacturing Process for Magnesium Oxide Nanopowder Anticipated to Act as Opportunity for the Magnesium Oxide Nanopowder Market
3.5.2 Achieving Economies of Scale is Expected to as Opportunity for the Magnesium Oxide Nanopowder Market
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Magnesium Oxide Nanopowder: Market Attractiveness Analysis
Chapter 4 Raw Material and Price Trend Analysis
4.1 Magnesium Oxide Nanopowder Manufacturing Process
4.2 Raw Material Analysis
4.3 Magnesium Ore Price Trend, 2014–2023 (US$/Kg)
4.4 Magnesium Oxide Nanopowder Price Trend, 2014–2023 (US$/Kg)
Chapter 5 Magnesium Oxide Nanopowder Market – End-user Analysis
5.1 Global Magnesium Oxide Nanopowder Market: End-user Overview
5.2 Global Magnesium Oxide Nanopowder Market Market for Furnaces and Boilers, 2014 – 2023 (Tons) (US$ Mn)
5.3 Global Magnesium Oxide Nanopowder Market Market for Paints & Coatings, 2014 – 2023 (Tons) (US$ Mn)
5.4 Global Magnesium Oxide Nanopowder Market Market for Electronics, 2014 – 2023 (Tons) (US$ Mn)
5.5 Global Magnesium Oxide Nanopowder Market Market for Electrical, 2014 – 2023 (Tons) (US$ Mn)
5.6 Global Magnesium Oxide Nanopowder Market Market for Construction, 2014 – 2023 (Tons) (US$ Mn)
5.7 Global Magnesium Oxide Nanopowder Market Market for Others, 2014 – 2023 (Tons) (US$ Mn)
Chapter 6 Magnesium Oxide Nanopowder Market - Regional Analysis
6.1 Global Magnesium Oxide Nanopowder Market: Regional Overview
6.2 North America Magnesium Oxide Nanopowder Market, 2014 and 2023
6.2.1 North America Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.2.2 North America Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.2.3 U.S. Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.2.4 U.S. Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.2.5 Rest of North America Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.2.6 Rest of North America Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3 Europe Magnesium Oxide Nanopowder Market, 2014 and 2023
6.3.1 Europe Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.2 Europe Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.3 France Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.4 France Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.5 Germany Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.6 Germany Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.7 Italy Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.8 Italy Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.9 Spain Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.10 Spain Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.11 UK Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.12 UK Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3.13 Rest of Europe Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.3.14 Rest of Europe Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4 Asia Pacific (APAC) Magnesium Oxide Nanopowder Market, 2014 and 2023
6.4.1 Asia Pacific Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.2 Asia Pacific Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4.3 China Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.4 China Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4.5 Japan Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.6 Japan Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4.7 ASEAN Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.8 ASEAN Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4.9 Rest of APAC Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.4.10 Rest of APAC Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.5 Latin America (LA) Magnesium Oxide Nanopowder Market, 2014 and 2023
6.5.1 Latin America Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.5.2 Latin America Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.5.3 Brazil Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.5.4 Brazil Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.5.5 Rest of LA Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.5.6 Rest of LA Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6 Middle East & Africa (MEA) Magnesium Oxide Nanopowder Market, 2014 and 2023
6.6.1 Middle East & Africa Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.2 Middle East & AfricaMagnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.3 GCC Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.4 GCC Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.5 South Africa Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.6 South Africa Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6.7 Rest of Middle East & Africa Magnesium Oxide Nanopowder Market Volume, by End-user, 2014 – 2023 (Tons)
6.6.8 Rest of Middle East & Africa Magnesium Oxide Nanopowder Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
Chapter 7 Company Profiles
7.1 American Elements
7.2 Sigma-Aldrich Co. LLC
7.3 Nanostructured & Amorphous Materials, Inc. (NanoAmor)
7.4 Strem Chemicals, Inc.
7.5 US Research Nanomaterials, Inc.
7.6 NaBond Technologies Co., Ltd.
7.7 EPRUI Nanoparticles & Microspheres Co. Ltd.
7.8 Reinste Nano Ventures Pvt. Ltd.
7.9 Inframat Corporation
7.10 SkySpring Nanomaterials, Inc.
Chapter 8 Primary Research – Key Findings