Magnesium Oxide Nanopowder Market Will Be Worth Usd 4 Billion by 2021

Magnesium Oxide NanoPowder Market will be Worth USD 4

Billion by 2021 - by Market Research Engine

New York, July 26: Market Research Engine has published a new report titled as

“Magnesium Oxide Nanopowder Market for Furnaces & Boilers, Paints & Coatings,

Electronics, Electrical, Construction, and Other End-users - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”

Magnesium oxide nanopowder is the final product of processed magnesium ore. It is widely

used in flame resistant paints and coatings. It is mainly known for its use as refractory

lining inside the boilers and furnace. Owing to its outstanding insulating properties it is

extensively used in electrical and electronic devices.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/magnesiumoxide-nanopowder-market

Global magnesium oxide nanopowder market is anticipated to exceed more than USD 4

billion by 2021. The revenue of this market is projected to increase at CAGR of 8.5% during

the forecast period. Europe is a dominant market owing to high demand of magnesium

oxide nanopowder in aerospace industry.

Increasing demand for refractory lining in furnaces and boilers is a major driving factor.

Furnaces and boilers account the largest share for magnesium oxide nanopowder market.

Growing demand in paints & coating industry is one of the driving factors.

The global magnesium oxide nanopowder market according to its end-users is segmented

as furnaces and boilers, paints and coatings, electronics, electrical, construction and others

(including textile, etc.). The market segments in terms of geographical regions include

North America, Europe, Asia-Pacific and Rest of the World (ROW).

This report provides:

1) An overview of the global market for magnesium oxide nanopowder and related

technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015,

and projections of compound annual growth rates (CAGRs)...