High-purity magnesium carbonate has been widely used in the fields of medicine and food, functional fillers, flame retardants and other fields. Nearly 70% of these products are used as flame retardants in the wire and cable industry. In addition, high-purity magnesium carbonate is also used in textiles, building materials, military, aerospace, national defense and other fields due to its easy dispersion and antibacterial properties.
In the next five years, the demand for magnesium carbonate in Asia-Pacific and the Middle East and other regions will be increasing, and the compound annual growth rate from 2023 to 2028 is expected to reach 9%. In 2022, Asia Pacific will account for more than 40% of the global market share . Low raw material prices are the main reason for the significant growth in this region. The compound annual growth rate of this region in the next five years will be 8.4%.
China's economy and society are continuing to develop at a rapid pace, and the gap between industrial technology and other aspects and developed countries is getting smaller and smaller. There are enough reasons to believe that China's high-purity magnesium carbonate industry will catch up with and surpass developed countries in the world. Hebei Meixi Biological Co., Ltd. suggests that researchers and manufacturers engaged in the magnesium carbonate industry should work hard on the application performance of high-purity nano-magnesium carbonate and develop functional and special-grade magnesium carbonate products.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-