The global demand for Magnesia Carbon Bricks Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2021-2028.
Magnesia carbon bricks or MgO-C brick are the carbon composite refractories materials made up of magnesium oxide materials and carbon materials. Magnesium carbon bricks have strong high heat resistance, good thermal shock resistance, strong slag resistance and low creep at high temperature. Additionally, these bricks have the good anti-stripping ability and are widely used in the converter lining, electric arc furnace and slag line of the ladle.
Market Dynamics
The properties of magnesia carbon bricks of good resistance to thermal shock, corrosion, erosion, and oxidation are primarily driving the market growth. Increasing demand from stainless steel pickling plant, phosphoric acid storage tanks, caustic acid handling vessels, and sulphuric acid dilution tanks is again contributing to the market growth. Along with this, the development of environment-friendly new generation MgO-C brick using Nano carbon is expected to create potential demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of magnesia carbon bricks.
Market Segmentation
The entire magnesia carbon bricks market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- Alumina-Magnesia-Carbon Brick
- Magnesia-Alumina Carbon Brick
- Magnesia-Calcium-Carbon Brick
By Application
- Converter
- AC Electric Arc Furnace
- DC Arc Furnace
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for magnesia carbon bricks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Magnesia Carbon Bricks Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the magnesia carbon bricks market include Fedmet Resources Corporation, IMACRO Inc., Maithan Ceramics Limited, McKeown International, Nedmag, OCL INDIA LIMITED, RHI AG and Trent Refractories. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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