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Global Magnesium Diboride Powder Market Growth 2023-2029

Global Magnesium Diboride Powder Market Growth 2023-2029

Product Code:461524

Published Date: Feb 08,2023

Pages: 92

Region: Global

Category: Chemical & Material

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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).

LPI (LP Information)' newest research report, the “Magnesium Diboride Powder Industry Forecast” looks at past sales and reviews total world Magnesium Diboride Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Diboride Powder sales for 2023 through 2029. With Magnesium Diboride Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Diboride Powder industry.

This Insight Report provides a comprehensive analysis of the global Magnesium Diboride Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Diboride Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Diboride Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Diboride Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnesium Diboride Powder.

The global Magnesium Diboride Powder market size is projected to grow from US$ 25 million in 2022 to US$ 56 million in 2029; it is expected to grow at a CAGR of 56 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Diboride Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Purity 99%
    Purity 99.5 %
    Others

Segmentation by application
    Academic Research
    Enterprise Production

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Materion Corporation
    Stanford Advanced Materials
    Luoyang Tongrun
    Shanghai Xinglu Chemical Technology Co., Ltd.
    Jinzhou Haixin Metal Materials Co.,Ltd

Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnesium Diboride Powder market?
What factors are driving Magnesium Diboride Powder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnesium Diboride Powder market opportunities vary by end market size?
How does Magnesium Diboride Powder break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?