Global Magnesium Diboride Market Insights, Forecast to 2025
Magnesium Diboride (MgB2) is the binary compound with the highest critical temperature known so far (about 39K). This material was first synthesized and its structure confirmed in 1953, but its superconducting properties were not discovered until 2001.
Superconductivity is a wonderful phenomenon, but its today’s applications are still confined to MRI-NMR, R&D, current leads and ‘big physics’ 2G HTS material is expected to modify soon this scenario, but its complexity and limitation is currently delaying its positive effect on the industrial market of superconductivity. MgB2 is of particular interest because of its feature (low material cost, simple crystalline structure, ease of manufacture larger coherence length, lower anisotropy), which make MgB2 competitive with HTS. The MgB2 superconductor, therefore, has significant potential for industrial applications.
Superior technologies can be better meeting the needs of downstream markets and Promote tremendous price decline. In the near future, more and more manufacturers enter the magnesium diboride research and production team, driving magnesium diboride industry.
The Magnesium Diboride market was valued at 2840 Million US$ in 2018 and is projected to reach 9070 Million US$ by 2025, at a CAGR of 15.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magnesium Diboride.
This report presents the worldwide Magnesium Diboride market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Materion Corporation
Stanford Advanced Materials
ESPI
READE
Baoding Pengda
Luoyang Tongrun
Shanghai Longjin Metallic
Magnesium Diboride Breakdown Data by Type
Superconducting wire
Superconducting thin films
Magnesium Diboride Breakdown Data by Application
Superconducting wire
Superconducting thin films
Medical
Energy
Transportation
Science
Magnesium Diboride Production by Region
United States
Europe
China
Japan
Other Regions
Magnesium Diboride Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Magnesium Diboride status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Magnesium Diboride manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Magnesium Diboride :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Km). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Magnesium Diboride market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Superconductivity is a wonderful phenomenon, but its today’s applications are still confined to MRI-NMR, R&D, current leads and ‘big physics’ 2G HTS material is expected to modify soon this scenario, but its complexity and limitation is currently delaying its positive effect on the industrial market of superconductivity. MgB2 is of particular interest because of its feature (low material cost, simple crystalline structure, ease of manufacture larger coherence length, lower anisotropy), which make MgB2 competitive with HTS. The MgB2 superconductor, therefore, has significant potential for industrial applications.
Superior technologies can be better meeting the needs of downstream markets and Promote tremendous price decline. In the near future, more and more manufacturers enter the magnesium diboride research and production team, driving magnesium diboride industry.
The Magnesium Diboride market was valued at 2840 Million US$ in 2018 and is projected to reach 9070 Million US$ by 2025, at a CAGR of 15.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magnesium Diboride.
This report presents the worldwide Magnesium Diboride market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Materion Corporation
Stanford Advanced Materials
ESPI
READE
Baoding Pengda
Luoyang Tongrun
Shanghai Longjin Metallic
Magnesium Diboride Breakdown Data by Type
Superconducting wire
Superconducting thin films
Magnesium Diboride Breakdown Data by Application
Superconducting wire
Superconducting thin films
Medical
Energy
Transportation
Science
Magnesium Diboride Production by Region
United States
Europe
China
Japan
Other Regions
Magnesium Diboride Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Magnesium Diboride status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Magnesium Diboride manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Magnesium Diboride :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Km). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Magnesium Diboride market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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