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The mineral olivine is a magnesium iron silicate with the formula (Mg+2, Fe+2)2SiO4. Thus it is a type of nesosilicate or orthosilicate. It is a common mineral in the Earth's subsurface but weathers quickly on the surface. This report focuses on its sand and powder.
Amount of MgO used in olivines in the industry is usually required to be above 46% and the amount of Total Fe oxides to be no more than 7-8%. Also, SiO2 amount needs to be between 38 to 42%. Total of other metal oxides required being less than 3% and loss on ignition is required not to exceed 2%.
Market Analysis and Insights: Global Magnesium Olivine Sand Powder Market
Due to the COVID-19 pandemic, the global Magnesium Olivine Sand Powder market size is estimated to be worth US$ 61 million in 2021 and is forecast to a readjusted size of US$ 61 million by 2028 with a CAGR of -2.1% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Magnesium Olivine Sand Powder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Magnesium Olivine Sand Powder key players include Steinsvik Olivin, Unimin, Xinmi Xinxin, Xixia Yuchenng Co., Ltd., etc. Global top four manufacturers hold a share nearly 20%.
India is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, 100-270 mesh is the largest segment, with a share over 65%. And in terms of application, the largest application is Foundry Molding Sand, followed by High-temperature Refractory, Metallurgical Auxiliary Material, etc.
Global Magnesium Olivine Sand Powder Scope and Market Size
The global Magnesium Olivine Sand Powder market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Magnesium Olivine Sand Powder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
30-100 Mesh
100-270 Mesh
270-325 Mesh
Others
Segment by Application
Foundry Molding Sand
Metallurgical Auxiliary Material
High-temperature Refractory
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Steinsvik Olivin
Covia
Dakduklu Minerals
Thermolith SA
Eryas
Egamin
Ore-Met
LTC
Sibelco
Scangrit
Industrial Minerals & Refractories
Unique Enterprises
Xinmi Xinxin
Xixia Yuchenng Co., Ltd.
Xixia Sheng Metallurgical Material
Xixia Jinyu Kuangye
Shaanxi Sanyuan Minerals
Amount of MgO used in olivines in the industry is usually required to be above 46% and the amount of Total Fe oxides to be no more than 7-8%. Also, SiO2 amount needs to be between 38 to 42%. Total of other metal oxides required being less than 3% and loss on ignition is required not to exceed 2%.
Market Analysis and Insights: Global Magnesium Olivine Sand Powder Market
Due to the COVID-19 pandemic, the global Magnesium Olivine Sand Powder market size is estimated to be worth US$ 61 million in 2021 and is forecast to a readjusted size of US$ 61 million by 2028 with a CAGR of -2.1% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Magnesium Olivine Sand Powder global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Magnesium Olivine Sand Powder key players include Steinsvik Olivin, Unimin, Xinmi Xinxin, Xixia Yuchenng Co., Ltd., etc. Global top four manufacturers hold a share nearly 20%.
India is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, 100-270 mesh is the largest segment, with a share over 65%. And in terms of application, the largest application is Foundry Molding Sand, followed by High-temperature Refractory, Metallurgical Auxiliary Material, etc.
Global Magnesium Olivine Sand Powder Scope and Market Size
The global Magnesium Olivine Sand Powder market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Magnesium Olivine Sand Powder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
30-100 Mesh
100-270 Mesh
270-325 Mesh
Others
Segment by Application
Foundry Molding Sand
Metallurgical Auxiliary Material
High-temperature Refractory
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Steinsvik Olivin
Covia
Dakduklu Minerals
Thermolith SA
Eryas
Egamin
Ore-Met
LTC
Sibelco
Scangrit
Industrial Minerals & Refractories
Unique Enterprises
Xinmi Xinxin
Xixia Yuchenng Co., Ltd.
Xixia Sheng Metallurgical Material
Xixia Jinyu Kuangye
Shaanxi Sanyuan Minerals
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