The global Magnesium Diboride Powder market was valued at US$ 22 million in 2019 and it is expected to reach US$ 45 million by the end of 2026, growing at a CAGR of 11.4% during 2021-2026.
Magnesium Diboride Powder is the inorganic compound with the formula MgB2. It is a dark gray, water-insoluble solid. The compound has attracted attention because it becomes superconducting at 39 K (−234°C).
Magnesium Diboride Powder mainly include Purity 99%, Purity 99.5 % and others. In 2019, Purity 99.5% accounted for a share of 44.32% in the global Magnesium Diboride Powder market. And this product segment is poised to reach a 95.98% increase in market share in 2026, compared with that in 2019.
Since the main producing areas of it concentration in the United States and China, the largest producing magnesium is China, followed by the United States. So MgB2 powder is concentrated in the United States and China.
Global Magnesium Diboride Powder Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Magnesium Diboride Powder Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Materion Corporation, Stanford Advanced Materials, Luoyang Tongrun, Shanghai Xinglu Chemical Technology Co., Ltd., Jinzhou Haixin Metal Materials Co.,Ltd and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Purity 99%
- Purity 99.5 %
Segment by Application
- Academic Research
- Enterprise Production
Table of Content:
1 Magnesium Diboride Powder Market Overview
2 Magnesium Diboride Powder Market Competition by Manufacturers
3 Magnesium Diboride Powder Retrospective Market Scenario by Region
4 Global Magnesium Diboride Powder Historic Market Analysis by Type
5 Global Magnesium Diboride Powder Historic Market Analysis by Application
6 Key Companies Profiled
7 Magnesium Diboride Powder Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Magnesium Diboride Powder Market Dynamics
10 Global Magnesium Diboride Powder Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.