The United States Magnesium Oxide (CAS 1309-48-4) Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a compound annual growth rate (CAGR) of xx.x% from 2024 to 2031.
United States Magnesium Oxide (CAS 1309-48-4) Market By Application
- Refractories
- Abrasives
- Chemicals
- Construction
- Pharmaceuticals
Magnesium oxide (MgO), known for its high thermal conductivity and chemical stability, finds diverse applications across several industries in the United States market.
In the refractories sector, MgO is extensively used due to its ability to withstand high temperatures, making it essential in the production of refractory bricks for furnaces and kilns. Within abrasives, MgO’s hardness and durability contribute to its use in grinding wheels and polishing compounds. In the chemicals industry, MgO serves as a vital component in the production of magnesium salts and various industrial chemicals.
Furthermore, MgO plays a crucial role in the construction sector, where it is utilized in the manufacturing of cement, wallboards, and flooring materials. In pharmaceutical applications, MgO is employed in medicines and dietary supplements due to its antacid properties and as an additive in tablet formulations. The versatility of MgO across these applications underscores its importance in sustaining several key industries within the US market.