NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Magnesite Market by Application (Refractory and Others) and Geography (APAC, Europe, North America, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the magnesite market between 2020 and 2025 is USD 1.25 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

• Market Drivers
• Market Challenges

The growing demand for refractories from the steel industry and growth in the automotive industry are some of the key market drivers. However, factors such as the increasing price of magnesite in China will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report right now!

The magnesite market report is segmented by application (refractory and others) and geography (APAC, Europe, North America, South America, and MEA). APAC will be the leading region with 57% of the market's growth during the forecast period. China, Japan, and India are the key markets for magnesite in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities.

Some Companies Mentioned           

• • Calix Ltd.
  • GRECIAN MAGNESITE SA
  • IBAR Nordeste
  • Magnesitas Navarras SA
  • Magnezit Group
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

• Magnesium Oxide Market: The magnesium oxide market has been segmented by application (refractories, construction, agriculture, chemical, and others) and geography (APAC, Europe, MEA, North America, and South America). Download Free Sample Report
• Silica Fume Market in India: The silica fume market in India has been segmented by application (construction, marine, oil and gas, and others) and source (silicon metal and ferrosilicon). Download Free Sample Report

Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/magnesite-market-size-to-grow-by-usd-1-25-bn-from-2020-to-2025--growing-demand-for-refractories-from-the-steel-industry-to-boost-market-growth--17-000-technavio-research-reports-301410252.html

SOURCE Technavio