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Date Submitted: 07/28/2016 07:42 AM
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)...