Dead Burned Magnesia (DBM) Market Size, Share, Growth, And Industry Analysis By Type (0.90 Grade, 0.95 Grade, 0.97 Grade, Other) By Application (Steel Industry, Cement Industry, Non-ferrous Metal Industry, Glass Industry, Other) and Regional Forecast to 2027

Updated On: 22 April 2024

dead burned magnesia (DBM) market Report Overview

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The global dead burned magnesia (DBM) market size was USD 1658 million in 2020 and will reach USD 2050.1 million by the end of 2027, at CAGR of 3.1% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with dead burned magnesia (DBM) experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Dead Burned Magnesia (DBM) is a high-purity, refractory material that is produced by heating natural magnesite ore (MgCO3) or magnesia-rich brine at extremely high temperatures, typically above 1,500°C (2,732°F) in rotary or shaft kilns. This intensive calcination process drives off all the volatile components, leaving behind a dense and highly refractory material. DBM is renowned for its exceptional thermal stability and resistance to corrosion, making it a crucial component in various industrial applications. Its chemical formula is MgO, reflecting its high magnesium oxide content, which typically exceeds 97%. DBM is widely used in the steel, cement, and ceramics industries as a lining material for furnaces, kilns, and other high-temperature equipment. Its exceptional refractory properties allow it to withstand extreme heat, making it ideal for applications where traditional refractories may fail. Additionally, DBM's high purity ensures that it does not introduce impurities into the processes it is used in, maintaining the quality of the end products. In the steel industry, for instance, DBM is used to line the inner walls of steelmaking furnaces to protect them from the corrosive effects of molten steel and slag, thus extending the lifespan of the equipment and improving efficiency.

The Dead Burned Magnesia (DBM) market has experienced significant growth and evolution in recent years. As of the latest available data up to September 2021, it was a thriving global industry with a promising outlook. The market had been steadily expanding, driven by various factors such as the growing demand for refractories in industries like steel, cement, and glass, as well as the increasing popularity of DBM in agricultural applications, environmental protection, and wastewater treatment.

COVID-19 Impact: Lockdown Caused Reduced Production Capacity Hampering the Market Growth

The COVID-19 pandemic, which emerged in late 2019, had a notable impact on the Dead Burned Magnesia market. In the initial phases of the pandemic, disruptions in the supply chain and restrictions on manufacturing activities posed challenges for market players. The reduced production capacity and logistical difficulties affected the availability of DBM in the market. However, as the world adapted to the new normal, the Dead Burned Magnesia market demonstrated resilience. With the gradual reopening of economies and the resumption of construction and industrial activities, the demand for refractories and other DBM-related applications rebounded. Moreover, the increased focus on infrastructure development and the need for robust refractories in industries like steel and cement further contributed to the recovery of the DBM market.

Latest Trends

"Sustainable Production Practices to Boost the Market Development."

One prominent trend that emerged in the Dead Burned Magnesia market was the increasing emphasis on sustainable production practices. Market players started recognizing the importance of environmental responsibility and sought ways to reduce the carbon footprint associated with DBM production. This trend was driven by a combination of factors, including tightening environmental regulations, rising awareness of climate change, and the growing preference of consumers and businesses for eco-friendly products. As a result, companies within the DBM market began adopting cleaner and more sustainable production methods, such as carbon capture and utilization, energy-efficient processes, and the use of renewable energy sources. This shift towards sustainability not only aligned with global environmental goals but also appealed to environmentally conscious consumers and provided a competitive edge in the market.

dead burned magnesia (DBM) market Segmentation

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• By Type Analysis

According to type, the market can be segmented into 0.90 Grade, 0.95 Grade, 0.97 Grade, Other. 0.90 Grade being the leading segment of the market by type analysis.

• By Application Analysis

Based on application, the market can be divided into Steel Industry, Cement Industry, Non-ferrous Metal Industry, Glass Industry, Other.

Steel Industry being the leading segment of the market by application analysis.

Driving Factors

"Growing Industrialization to Drive the Market Growth"

One of the key drivers that had been increasing the market growth of Dead Burned Magnesia was the rapid pace of industrialization in emerging economies. As countries such as China, India, and Brazil expanded their industrial sectors, there was a surging demand for refractory materials like DBM. Industries such as steel manufacturing, cement production, and glassmaking, which heavily rely on refractories, witnessed significant growth. This resulted in a higher demand for DBM, as it is a critical component in the production of high-quality refractories. Consequently, market players experienced an uptick in orders, leading to increased production and sales.

"Expansion of Application Areas to Drive the Market Development"

Another driver that had been increasing the dead burned magnesia market share of Dead Burned Magnesia was the diversification of its application areas. Beyond its traditional use in refractory materials, DBM found new applications in agriculture, environmental protection, and wastewater treatment. In agriculture, DBM was used to adjust soil pH and magnesium levels, improving crop yields. It was also employed in environmental applications, such as flue gas desulfurization in power plants, to reduce emissions of sulfur dioxide. Additionally, DBM played a crucial role in wastewater treatment processes, aiding in the removal of heavy metals. This expansion of application areas not only broadened the customer base for DBM but also reduced its dependence on specific industries. It allowed DBM producers to tap into diverse markets, reducing the risk associated with fluctuations in demand from any single sector.

Restraining Factor

"Raw Material Supply to Impede the Market Growth"

While the dead burned magnesia market had been on an upward trajectory, it was not without its challenges. One significant impediment was the supply of raw materials. DBM is primarily derived from magnesite ore, and the availability of high-quality magnesite deposits is limited. This constrained the production capacity of DBM, as the industry relied on a finite and geographically concentrated resource. Furthermore, fluctuations in the supply of magnesite were exacerbated by factors such as geopolitical tensions, mining restrictions, and environmental concerns related to mining practices. These challenges in securing a consistent and sustainable supply of raw materials posed a considerable obstacle to the dead burned magnesia (DBM) market growth potential.

dead burned magnesia (DBM) market Regional Insights

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"Asia Pacific to Bolster the Market owing to Rapid Industrialization "

The Asia Pacific region has consistently bolstered its dominance in the market, with a notable increase in the dead burned magnesia (DBM) market share. This remarkable ascent can be attributed to several key factors. Firstly, the rapid industrialization witnessed in countries like China and India has driven substantial demand for refractories, especially in the steel, cement, and glass industries, thereby significantly increasing the consumption of DBM. Secondly, the region's extensive infrastructure development initiatives, encompassing the construction of roads, bridges, and buildings, have further propelled the demand for high-quality refractories like DBM. Additionally, the agricultural sector's embrace of DBM for soil improvement, driven by the imperative to enhance agricultural productivity in densely populated nations such as India and China, has contributed significantly to the rise in market share. Moreover, the region's economic expansion and the subsequent rise in disposable incomes have resulted in increased consumption of goods like glass products, cement, and steel, all of which rely on DBM. Lastly, government initiatives supporting the development of industries like steel and cement have indirectly boosted the DBM market, solidifying the Asia-Pacific region's position as a market share leader in the DBM industry.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• RHI-Magnesita (Austria)
• Magnezit Group (Russia)
• SMZ Jelsava (Slovakia)
• Martin Marietta Magnesia Specialties (U.S.)
• Kumas Magnesite Works (Turkey)
• Nedmag Industries (Netherlands)
• Grecian Magnesite (Greece)
• Baymag (Canada)
• Industrias Penoles (Mexico)
• Ube Material Industries (Japan)
• Haicheng Houying Group (China)
• Haicheng Magnesite Refractory (China)
• Haicheng Huayu Group (China)
• Jiachen Group (China)
• Qinghua Refractory Group (China)
• Dashiqiao Huamei Group (China)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.