Magnesium Oxide Market Will Exhibit a Steady 4.1% CAGR Through 2026
Global demand for magnesium oxide is slated to reach 11,182 KT in 2016, representing market value of US$ 5.05 Bn. In terms of volume, consumption of caustic calcined magnesia is expected to register relatively faster growth as compared to that of dead burned magnesia and fused magnesia during the forecast period. Steady demand for magnesium oxide from the refractory industry coupled with increasing demand for industrial applications is expected to drive growth of the global magnesium oxide market during the...
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