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Global Magnesium Oxide Market Size and Growth Outlook 2020 to 2035


January 2026

Chemicals and Materials

Pages: 135

ID: PR015

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The global market for magnesium oxide was valued at USD million in 2025, reflecting a CAGR of % from 2026 to 2035. It is projected to grow to USD million by 2035.

 

Magnesium Oxide (MgO) is a simple compound made of magnesium and oxygen. It is a white, odourless powder. Magnesium oxide has many useful properties. Magnesium oxide is a high thermal conductivity, good electrical insulator, heat-resistant and chemically stable compound. These properties make it valuable in many industries, including steel, cement, refractory manufacturing, wastewater treatment, and drinking water treatment. In the food and beverage industry, widely used as a food additive, an anti-caking agent, and waste gas treatment.

 

Magnesium Oxide Market Key Highlights:

 

  • In 2025, the magnesium oxide market size was valued at USD million
  • The magnesium oxide market is expected to reach USD million by 2035
  • The market is anticipated to grow at a CAGR of % in the coming decade.
  • Based on type, the dead-burned magnesium oxide (dbm) segment accounts for the highest market share.
  • Based on application, the agriculture industry segment accounts for the highest market share.
  • In terms of region, the Asia-Pacific magnesium oxide market held the dominant share in 2025.

 

Global Magnesium Oxide Market Overview:

 

The growth of the magnesium oxide market is influenced by a variety of factors, including driving forces and limitations. On the positive side, the increasing demand from end-use industries such as food and beverage, advance ceremics, construction, agriculture, healthcare and other end-use industries is supporting the growth of the market. Also, the rising demand from steel production, cement sectors perticularly in emerging economies continue to drive the magnesium oxide consumption. Magnesium oxide in advance ceremics is a essential material because it is high heat resistant and chemically stable compound, it is suitable for high temprature application. Because of these unique properties, magnesium oxide is used in the production of refractory ceramics. The wastewater treatment sector is also supporting for the market growth. In the wastewater treatment sector, MgO is widely used to neutralise acids, balancing the pH and making the water safe. It also helps remove the heavy metals like lead and arsenic from water

 

This report provide an overview of the global magnesium oxide industry, including market size, historic market revenue, sales data, value chain analysis, market segmentation by type, by application, by region, key growth drivers and its competitive landscape. Also, it analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2035. Evaluation and forecast the market size for magnesium oxide sales, projected growth trends, production technology, application and end-user industry. Based on the type segment, the dead-burned magnesium oxide (dbm) is the fastest growing sub-segment. The dead-burned magnesium oxide (dbm) segment accounted for the largest market share of % in 2025, with a market value of USD _ million and is projected to grow at the highest compound annual growth rate of % during the forecast period. In the application segment, the agriculture industry segment is the fastest growing segment. The agriculture industry segment is accounted for the largest market share of % in 2025, with a market value of USD million and is projected to grow at the highest compound annual growth rate of % during the forecast period.

 

This magnesium oxide market report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2020 to 2036

 

Magnesium Oxide Market Segmentation:

 

Market Segment By Type:

 

Type-wise breakup of the global magnesium oxide market

 

  • Dead-Burned Magnesium Oxide (DBM)
  • Fused Magnesium Oxide (FM)
  • Caustic Calcined Magnesium Oxide (CCM)
  • Synthetic Magnesium Oxide

 

The magnesium oxide market is segmented based on type, including dead-burned magnesium oxide (dbm), fused magnesium oxide (fm), caustic calcined magnesium oxide (ccm), synthetic magnesium oxide. The dead-burned magnesium oxide (dbm) dominated the global magnesium oxide industry, accounting for largest market share % in 2025.

 

By Application:

 

Application-wise breakup of the global magnesium oxide market

 

    • Agriculture Industry
    • Chemical Intermediates
    • Construction Industry
    • Others

 

The magnesium oxide market is segmented based on application, including agriculture industry, chemical intermediates, construction industry, other. The agriculture industry segment dominated the global magnesium oxide industry, accounting for largest market share % in 2025.

 

Magnesium Oxide Market: Geographic Analysis

 

The magnesium oxide market is segmented on the basis of geography into:

    North America
    Europe
    Asia Pacific
    Latin America
    Middle East & Africa

 

Magnesium Oxide Market Revenue And Forecasts TO 2035 – Regional Analysis

 

North America Magnesium Oxide Market Revenue And Forecasts TO 2035

 

North America remains the most mature market in the global magnesium oxide market. The Asia Pacific region is projected to be the fastest growing region. The growth in this segment is owing to the factors such as risind demand for magnesium oxide from the steel industry, construction and agriculture activities. During the forecast period, the North America magnesium oxide industry is estimated that the market will grow at the fastest compound annual growth rate because of key factors including strong demand from refractory materials, speciality chemical industries, and tightening environmental regulations and rising demand for high-purity grades in pharmaceuticals and animal feed. Within North America, the U.S and canda major countries, U.S hold the largest market share. This growth is primarily driven by the rising demand from both the agriculture and industrial sectors. The agriculture segment is the largest application segment. The magnesium oxide, heavily used in agriculture as a soil conditioner and as a fertilizer is also a significant factor contributing to market growth

 

 

The North America Regional and Country-level Revenue And Forecast Analysis:

 

 

   North America Magnesium Oxide Industry Overview

   North America Magnesium Oxide Industry Forecasts and Analysis

   North America Magnesium Oxide Industry Forecasts and Analysis - By Type

   North America Magnesium Oxide Industry Forecasts and Analysis - By Application

   North America Magnesium Oxide Industry Forecasts and Analysis - By Countries

   United States Magnesium Oxide Market

   United States Magnesium Oxide by Type

   United States Magnesium Oxide by Application

   Canada Magnesium Oxide Market

   Canada Magnesium Oxide by Type

   Canada Magnesium Oxide by Application

   Mexico Magnesium Oxide Market

   Mexico Magnesium Oxide by Type

   Mexico Magnesium Oxide by Application

 

Europe Magnesium Oxide Market Revenue And Forecasts TO 2035

 

During the forecast period, the magnesium oxide market in Europe is expected to grow at a moderate pace. A key factor expected to stimulate the magnesium oxide market in the region during the forecast period is strong demand from the steel industry, cement industry, and glass industries, as well as the region’s focus on sustainable and energy-efficient manufacturing.

 

 

The The Europe Regional and Country-level Revenue And Forecast Analysis:

 

 

   Europe Magnesium Oxide Industry Overview

   Europe Magnesium Oxide Industry Forecasts and Analysis

   Europe Magnesium Oxide Industry Forecasts and Analysis - By Type

   Europe Magnesium Oxide Industry Forecasts and Analysis - By Application

   Europe Magnesium Oxide Industry Forecasts and Analysis - By Countries

   Germany Magnesium Oxide Market

   Germany Magnesium Oxide by Type

   Germany Magnesium Oxide by Application

   France Magnesium Oxide Market

   France Magnesium Oxide by Type

   France Magnesium Oxide by Application

   Italy Magnesium Oxide Market

   Italy Magnesium Oxide by Type

   Italy Magnesium Oxide by Application

   United Kingdom Magnesium Oxide Market

   United Kingdom Magnesium Oxide by Type

   United Kingdom Magnesium Oxide by Application

   Rest of Europe Magnesium Oxide Market

   Rest of Europe Magnesium Oxide by Type

   Rest of Europe Magnesium Oxide by Application

 

Asia-Pacific Magnesium Oxide Market Revenue And Forecasts TO 2035

 

The Asia-Pacific (APAC) region is expected to dominate the magnesium oxide market over the forecast period, driven by robust industrial growth, increasing infrastructure development, agricultural activities, and high demand for MgO in key end use industries such as construction, steel, and agriculture. The pharmaceutical and nutraceutical industries are also a key consumers of magnesium oxide, is used in antacid formulations, dietary supplements. Within APAC the countries like china, India and Japan are significant consumers and producers of the magnesium oxide in terms of their big industrial background and high rate of urbanization.

 

The Asia-Pacific Regional and Country-level Revenue And Forecast Analysis:

 

   Asia-Pacific Magnesium Oxide Industry Overview

   Asia-Pacific Magnesium Oxide Industry Forecasts and Analysis

   Asia-Pacific Magnesium Oxide Industry Forecasts and Analysis - By Type

   Asia-Pacific Magnesium Oxide Industry Forecasts and Analysis - By Application

   Asia-Pacific Magnesium Oxide Industry Forecasts and Analysis - By Countries

   Australia Magnesium Oxide Market

   Australia Magnesium Oxide by Type

   Australia Magnesium Oxide by Application

   China Magnesium Oxide Market

   China Magnesium Oxide by Type

   China Magnesium Oxide by Application

   India Magnesium Oxide Market

   India Magnesium Oxide by Type

   India Magnesium Oxide by Application

   Japan Magnesium Oxide Market

   Japan Magnesium Oxide by Type

   Japan Magnesium Oxide by Application

   South Korea Magnesium Oxide Market

   South Korea Magnesium Oxide by Type

   South Korea Magnesium Oxide by Application

   Rest of Asia-Pacific Magnesium Oxide Market

   Rest of Asia-Pacific Magnesium Oxide Market by Type

   Rest of Asia-Pacific Magnesium Oxide Market by Application

 

(Note: Rest of all the regions mentioned in this report will be presented using the above-mentioned parameters.)

 

 

Competitive Landscape

 

The global magnesium oxide market is highly fragmented with the presence of large number of players globally. Some of the major companies include, RHI AG, Magnesita Refrat rios, Magnezit Group, SMZ Jelsava, Martin Marietta Magnesia Specialties, Kumas-Kuthaya Magnesite Works, Nedmag Industries, Grecian Magnesite, Navarras SA, Primier Magnesia, Baymag

 

Company Profiles:

 

Major companies operating in the magnesium oxide market:

 

    • RHI AG
    • Magnesita Refrat rios
    • Magnezit Group
    • SMZ Jelsava
    • Martin Marietta Magnesia Specialties
    • Kumas-Kuthaya Magnesite Works
    • Nedmag Industries
    • Grecian Magnesite
    • Navarras SA
    • Primier Magnesia
    • Baymag

 

Magnesium Oxide Market Scope

 

Report AttributeDetails
Report ObjectiveTo provide comprehensive insights into the magnesium oxide market size, trends, segmentation, regional dynamics, and competitive landscape.
Base Year2025
Historical Period2020 to 2024
Forecast Period2025 to 2035
Market Size In 2025USD million
Market Size In 2035USD million
Compound Annual Growth Rate (CAGR)%
Segments

By Product Type

 

Dead-Burned Magnesium Oxide (DBM), Fused Magnesium Oxide (FM), Caustic Calcined Magnesium Oxide (CCM), Synthetic Magnesium Oxide

 

By Application

 

Agriculture Industry, Chemical Intermediates, Construction Industry, Other

Regions Covered
  • North America
  • Asia-Pacific
  • Europe
  • South America
  • Middle East and Africa
Companies ProfiledRHI AG, Magnesita Refrat rios, Magnezit Group, SMZ Jelsava, Martin Marietta Magnesia Specialties, Kumas-Kuthaya Magnesite Works, Nedmag Industries, Grecian Magnesite, Navarras SA, Primier Magnesia, Baymag

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