Magnesium Oxide Nanopowder Market to Witness an Outstanding Growth by 2023

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Magnesium Oxide Nanopowder Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2023

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• Global Magnesium Oxide Nanopowder Market
  Snapshot

• The global magnesium oxide nanopowder market is
  anticipated to witness a significant growth in
  the coming years owing to its different
  applications in various industries.
• Magnesium oxides which known by the name of
  magnesia alba, has no taste, and odor. It is a
  non-toxic hygroscopic solid mineral which has
  high melting point. This mineral is known to
  highly pure in nature.
• Reasons leading to magnesium oxide to be used in
  various cement, ceramics, fuel additive, glass,
  and furnaces linings is its displays magnetic,
  electrical, optical, and chemical properties due
  to its small particle size and large specific
  surface area.

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Surge in Demand for Refractory Materials to Fuel
the Demand

• The global magnesium oxide nanopowder market is
  classified on the basis of end user and region.
• On the basis of end user, the market is
  segregated into paints and coatings, electronics,
  construction, furnaces and boilers, and
  electrical.
• Amongst the pack, furnace and boilers held the
  major share in the market.
• Magnesium oxide nanopowder which possess a higher
  thermal stability is an idle material for
  refractories that is used by furnace linings and
  boilers. The furnace and boiler end user segment
  held a whopping share of 40 in recent years. 

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Excellent Insulating Properties Make it Ideal for
Use in Electronics Industry

• The global magnesium oxide nanopowder market is
  anticipated witness stellar growth due to
  augmented use of the product in various end-use
  applications such as fuel additives, ceramics,
  pharmaceuticals, cement, and food additives.
• Calcinations lead to production of magnesium
  oxide, which comes with chemical and thermal
  stability.
• It, as such, finds use in the making of flame
  retardant coatings and paints. Magnesium oxide
  nanopowder also finds use in refractory linings
  that are applied in boilers and furnaces.
• Increased use in boilers and furnaces is
  expected to stimulate growth of the global
  magnesium oxide nanopowder market in years to
  come.

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Some of the most prominent companies operating in
Market

• American Elements
• Nanostructured Amorphous Materials, Inc.
• US Research Nanomaterials, Inc.
• SkySpring Nanomaterials, Inc.

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