According to the statistics and forecasts of QYR, the global fused magnesia market sales reached $270 million in 2021 and is expected to reach $400 million in 2028, with a compound annual growth rate (CAGR) of 5.8% (2022-2028). At the regional level, the Chinese market has changed rapidly in the past few years, with a market size of $1 million in 2021, accounting for about % of the world, and is expected to reach $1 million in 2028, when the global share will reach %.

Europe is the fused magnesia market, accounting for about 50% of the market share, followed by North America, accounting for about 21% of the market share.

This report studies the production capacity, production volume, sales volume, price and future trends of fused magnesia prices in global and Chinese markets. Focus on the analysis of major manufacturers in the global and Chinese market product characteristics, product specifications, prices, sales volume, sales revenue and the market share of major manufacturers in the global and Chinese markets. The historical data is from 2017 to 2021 and the forecast data is from 2022 to 2028.

In October, due to the limited production of electric fused magnesia industry, the price of electric fused magnesia products rose sharply. The monthly increase of 95.5% or more grade products was 13.33%; The monthly increase of 96.5% or more grade products was 16.98%; More than 97.5% grade products rose by 20% in a month, and the products almost showed a continuous rising pattern.

In December, the overall production situation of the fused magnesia industry was normal, the influence of environmental protection and power factors gradually weakened, the price trend was weak, and the market operation was mainly in the state of shock consolidation.

It is understood that the power price adjustment in December has a weaker impact on the production cost of fused magnesia products than expected. At present, fused magnesia products, there are certain differences between the quotation of enterprises, and the transaction price can be negotiated.