Magnesium Oxide Nanopowder Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The magnesium oxide nanopowder market size has grown strongly in recent years. It will grow from $3.28 billion in 2024 to $3.6 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to growing demand for advanced materials, increasing demand from the electrical segment, government initiatives, rising electrical and optical usage.

The magnesium oxide nanopowder market size is expected to see strong growth in the next few years. It will grow to $5.09 billion in 2029 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to growing demand from the construction industry, growing healthcare sector, incresing automotive industry, demand in environmental sector, increasing use of in the textile industry. Major trends in the forecast period include advanced nanopowder manufacturing, nano-based sensors and devices, advanced construction materials, energy storage and conversion, research and development activities in the magnesium oxide nanopowder.

The magnesium oxide nanopowder market is poised for growth, primarily propelled by the rising demand for electronic products. Electronic products encompass devices utilizing electronic circuits and components to perform specific functions. Magnesium oxide nanopowders find extensive use in coatings for electronic devices, enhancing their durability and resistance to wear and tear. As evidence, LG, a prominent South Korea-based consumer electronics company, reported robust sales in January 2023. Their annual revenue surged to over $60 billion in 2022, reflecting a substantial 12.9% increase from the previous year's figure of approximately $52.7 billion. Notably, LG's Home Appliance & Air Solution Company achieved revenues of $22.5 billion in 2022, marking a noteworthy 10.3% growth compared to 2021. Consequently, the burgeoning demand for electronic products is a driving force behind the growth of the magnesium oxide nanopowder market.

The growing demand for CO2 emission reduction is expected to drive the expansion of the magnesium oxide nanopowder market in the coming years. CO2 emission reduction involves minimizing greenhouse gas (GHG) emissions produced by individuals, organizations, or countries. Magnesium oxide nanopowder is effective as an adsorbent for CO2 due to its unique properties, such as high surface area and porosity. Additionally, magnesium oxide can react with CO2 and water in the atmosphere or engine plume to form magnesium carbonate or magnesium bicarbonate, which helps reduce CO2 emissions, particularly in aviation. For example, in April 2024, the U.S. Energy Information Administration (EIA) reported a 3% reduction in energy-related CO2 emissions in the U.S. in 2023, equating to a decrease of 134 million metric tons. This decline was mainly driven by the electric power sector, which contributed to a 7% reduction, accounting for 85% of the total decrease. As a result, the rising demand for CO2 emission reduction is driving the growth of the magnesium oxide nanopowder market.

In May 2022, Astorg, a US-based private equity firm, and the International Chemical Investors Group acquired CordenPharma for an undisclosed amount. This acquisition is seen as part of a strategic effort to enhance corporate sourcing in pharmaceutical services. CordenPharma, a Germany-based manufacturer, specializes in drug development and the production of magnesium oxide nanopowders for a variety of industries. The company is a leading Contract Development and Manufacturing Organization (CDMO), focusing on some of the most promising areas of pharmaceutical research and development, with a strong customer orientation and unique innovation capabilities.

Major companies operating in the magnesium oxide nanopowder market are SkySpring Nanomaterials Inc., Martin Marietta Materials Inc., Sigma-Aldrich, Shenzhen Kedali Industry Co. Ltd., Sisco Research Laboratories Pvt. Ltd., Baikowski SAS, Inframat Alloys Pvt. Ltd., GFS Chemicals Inc., Strem Chemicals Inc., American International Chemical Inc., American Elements, Superior Supplement Manufacturing Inc., High Purity Laboratory Chemicals Pvt. Ltd., Techinstro Industries, Nanoshel LLC, Nanografi Co. Inc., Nanostructured & Amorphous Materials Inc., Aremco Products Inc., US Research Nanomaterials Inc., Nanjing XFNANO Materials Tech Co. Ltd., Zibo Tianheng New Nanomaterials Technology Co. Ltd., Chemsol Group, Eprui Nanoparticles & Microspheres Co. Ltd., Reinste Nano Ventures Pvt. Ltd., NextGen Nano Limited.

Asia-Pacific was the largest region in the magnesium oxide nanopowder market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in magnesium oxide nanopowder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the magnesium oxide nanopowder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The magnesium oxide nanopowder market consists of sales of catalysts, advanced ceramics, coating materials and painting materials. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

Magnesium oxide nanopowder is a finely ground white powder consisting of magnesium and oxygen atoms. This nanopowder exhibits an exceptionally high melting point and a low heat capacity, making it well-suited for various insulation applications. Additionally, it serves as an efficient catalyst in chemical reactions and functions as a flame-retardant additive in polymers, thereby enhancing fire safety.

The magnesium oxide nanopowders come in different purities, including 99% magnesium oxide nanopowder, 99.9% magnesium oxide nanopowder, 99.99% magnesium oxide nanopowder, and 99.999% magnesium oxide nanopowder. For example, 99% magnesium oxide nanopowder is a fine white powder with a purity level of 99%. It is employed as a fire retardant in industries like chemical fiber and plastics, effectively reducing material flammability and mitigating the spread of fires. These nanopowders find diverse applications, such as in refractory materials, electrical insulation, magnetic devices, fuel additives, and fire retardants. They are utilized across various end-user industries, including metallurgy, construction, oil and gas, automotive, electrical and electronics, among others.

The magnesium oxide nanopowder market research report is one of a series of new reports that provides magnesium oxide nanopowder market statistics, including magnesium oxide nanopowder industry global market size, regional shares, competitors with a magnesium oxide nanopowder market share, detailed magnesium oxide nanopowder market segments, market trends and opportunities and any further data you may need to thrive in the magnesium oxide nanopowder industry. This magnesium oxide nanopowder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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