In 2022, the market of magnesium oxide (MgO) was valued at approximately 5.13 billion U.S. dollars worldwide. By the year 2030, the global market value of this inorganic salt is forecast to grow to around 7.55 billion U.S dollars. Meanwhile, in 2022, the market volume of magnesium oxide stood at some 15.18 million metric tons.
Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030
(in billion U.S. dollars)
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AgileIntel Research. (July 5, 2023). Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/
AgileIntel Research. "Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars)." Chart. July 5, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/
AgileIntel Research. (2023). Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/
AgileIntel Research. "Market Value of Magnesium Oxide Worldwide from 2015 to 2022, with a Forecast for 2023 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/
AgileIntel Research, Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/ (last visited August 25, 2024)
Market value of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U.S. dollars) [Graph], AgileIntel Research, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1310515/magnesium-oxide-market-value-worldwide/