Magnesium materials are important inorganic materials, among which magnesium oxide series products have the largest demand and the most varieties. Active magnesium oxide has a low firing temperature and is formed by calcining magnesium compounds below 900°C, which has high chemical activity.
At present, there are various methods for producing active magnesium oxide, mainly including calcined magnesite method, hydromagnesite method, carbonation method, ammonium carbonate method, precipitation method (brine dolomite method) and microwave radiation method, but the overall problem is that magnesium oxide products have low activity and high production costs.
With the continuous growth of the global economy and the acceleration of industrialization, the demand for high-performance materials in various industries continues to increase. As a lightweight and high-strength metal material, active magnesium oxide has excellent mechanical properties and thermal conductivity, and will play an important role in many fields such as automobile lightweighting, new energy development, and electronic equipment manufacturing. Especially in the field of new energy vehicles, the application of active magnesium oxide will increase significantly to meet the needs of lightweight vehicles and improve fuel economy. This trend of industry development will directly drive the growth of user demand in the active magnesium oxide industry. In 2023, the market size of my country’s active magnesium oxide industry will be 1.679 billion yuan, an increase of 16.19% compared with 2022. The average annual growth rate of the market size of the active magnesium oxide industry from 2017 to 2023 is about 17.95%.
The upstream market participants in the industrial chain of the active magnesium oxide industry are raw material suppliers, mainly including magnesite, dolomite, brine and brine blocks. The main costs of active magnesium oxide include raw material costs (magnesite, dolomite and other ores as raw materials), energy costs, equipment costs, labor costs, etc., of which raw material costs account for about 30%-50% of the total cost. The quality and supply stability of these raw materials directly affect the production and quality of midstream active magnesium oxide, and thus affect the market size. Because my country’s environmental protection regulations require mining and mineral processing activities to be more in line with environmental protection standards, including emission control and land reforestation. This has led to the closure or reduction of some major magnesite mines to ensure that resource mining is coordinated with environmental protection. Although China remains one of the world’s largest producers of magnesite, future production may be limited, which may have an impact on the domestic market and global supply.
The technical level and production management capabilities of the midstream production link directly affect the quality and cost of activated magnesium oxide products. Enterprises with high technical levels and standardized management can produce high-quality, low-cost activated magnesium oxide products, thereby meeting market demand and expanding the market scale.
As a high-quality magnesium product, activated magnesium oxide is widely used in many fields due to its excellent performance. Therefore, its market distribution is also diverse, and downstream applications cover rubber products, coatings, metallurgy and other fields. With the advancement of science and technology and the improvement of industrialization, the application field of activated magnesium oxide will continue to expand and deepen. The diversity of downstream demand has prompted the activated magnesium oxide industry to continuously develop new products to meet the needs of different fields. For example, for different application fields, active magnesium oxide products with different purities and different particle morphologies are developed, which also provides a broad market space for the production and sales of activated magnesium oxide.
At present, the sales channels of activated magnesium oxide mainly include direct sales and dealer channels. Direct sales reduce the intermediate links and sales costs. At the same time, enterprises can better grasp the market demand and adjust the production and sales strategies in time through customer feedback. It is the main sales channel for activated magnesium oxide. Under the distribution model, distributors usually have rich market experience and customer resources, which can help manufacturers quickly open up the market and expand sales channels. It is one of the important sales channels for activated magnesium oxide.
In addition, with the popularization of the Internet and the development of e-commerce in recent years, more and more manufacturers choose to sell activated magnesium oxide products through e-commerce platforms, which further broadens the sales channels of activated magnesium oxide. At the same time, the marketing promotion, data analysis and other value-added services of e-commerce platforms can also help manufacturers better understand market dynamics and competitive situations. In the future, the sales channels of activated magnesium oxide will be more diversified. With the development of emerging technologies, in addition to traditional distributors, agents and e-commerce platforms, more new sales models and channels will emerge. These emerging sales channels will provide enterprises with more opportunities to expand the market.
Activated magnesium oxide has high chemical activity and is better used as a precipitant in hydrometallurgy. At present, metallurgical precipitation-grade activated magnesium oxide is mainly supplied by overseas manufacturers such as Konoshima. There is no large-scale metallurgical precipitation-grade magnesium oxide manufacturer in China. At present, the main domestic manufacturers of activated magnesium oxide include Pu Nai Co., Ltd., Hebei Meishen, Messi Biology, Haicheng Guangjinyuan, Weifang Lihe Powder Technology, Xingtai Kaimei New Materials and Meihong Technology, etc. With the increase of new domestic capital and the expansion of investment by existing manufacturers, industry competition will become increasingly fierce.