MAGNESIUM OXIDE MARKET ANALYSIS

Regional Analysis

Global Magnesium Oxide Market: Regional Analysis

On basis of the region, Asia Pacific region dominated the global magnesium oxide market in 2022, accounting for 60% share in terms of value, followed by Europe and North America respectively.

Asia Pacific is the world\'s largest market for magnesium oxide, and the China holds the top spot. Hegemony is anticipated during the projected period. For the last ten years, Germany has dominated the European magnesium oxide market and is expected to continue to do so throughout the projected period. Germany\'s growth is being fueled by manufacturing hubs that are rapidly changing as well as an increase in demand from the agricultural, refractory, and other industrial sectors.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa:  South Africa, GCC Countries, North Africa, Rest of Middle East & Africa