What is Global Dead Burned Magnesia (DBM) Market?
The Global Dead Burned Magnesia (DBM) Market is a vast and complex field that encompasses a wide range of products and applications. At its core, it refers to the global market for Dead Burned Magnesia, a type of refractory material that is used in a variety of industries. This material is produced by calcining magnesia at high temperatures, which results in a product that is resistant to slag and other corrosive materials. The DBM market is truly global in nature, with suppliers and consumers spread across the world. It is a critical component in many industrial processes, and its importance cannot be overstated.
0.90 Grade, 0.95 Grade, 0.97 Grade, Other in the Global Dead Burned Magnesia (DBM) Market:
The Global Dead Burned Magnesia (DBM) Market is segmented into several grades, including 0.90 Grade, 0.95 Grade, 0.97 Grade, and others. Each grade has its own unique properties and uses. The 0.90 Grade, for instance, is the most common and widely used grade. It is known for its high purity and excellent refractory properties, making it ideal for use in industries such as steel and cement. The 0.95 and 0.97 Grades, on the other hand, are higher in purity and offer even better performance. These grades are typically used in more demanding applications, such as in the production of high-quality glass and non-ferrous metals. However, there is also a market for other grades of DBM, which cater to specific needs and applications.
Steel Industry, Cement Industry, Non-ferrous Metal Industry, Glass Industry, Other in the Global Dead Burned Magnesia (DBM) Market:
The Global Dead Burned Magnesia (DBM) Market finds its application in a variety of industries. The Steel Industry is one of the largest consumers of DBM, where it is used as a refractory material in the lining of furnaces and other equipment. The Cement Industry also uses DBM in the production of cement, where it helps to improve the durability and strength of the final product. The Non-ferrous Metal Industry uses DBM in the production of metals such as aluminium and copper, where it helps to prevent corrosion and improve the quality of the final product. The Glass Industry uses DBM in the production of high-quality glass, where it helps to improve the clarity and strength of the glass. Other industries also use DBM in various applications, further expanding the scope of the market.
Global Dead Burned Magnesia (DBM) Market Outlook:
The global Dead Burned Magnesia (DBM) market is a dynamic and rapidly evolving field. In 2022, the market was valued at US$ 1707 million. It is projected to grow at a steady pace, reaching a value of US$ 2119.1 million by 2029. This represents a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2023 to 2029. The market is dominated by a handful of major players, with the top five manufacturers accounting for about 30% of the market share. In terms of product segmentation, the 0.90 Grade is the most popular, accounting for about 45% of the market.
| Report Metric | Details |
| Report Name | Dead Burned Magnesia (DBM) Market |
| Accounted market size in 2022 | US$ 1707 in million |
| Forecasted market size in 2029 | US$ 2119.1 million |
| CAGR | 3.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | RHI-Magnesita, Magnezit Group, SMZ Jelsava, Martin Marietta Magnesia Specialties, Kumas Magnesite Works, Nedmag Industries, Grecian Magnesite, Baymag, Industrias Penoles, Ube Material Industries, Haicheng Houying Group, Haicheng Magnesite Refractory, Haicheng Huayu Group, Jiachen Group, Qinghua Refractory Group, Dashiqiao Huamei Group |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
