According to the survey of Hebei Messi Biology Co., Ltd., although the application range of high-purity magnesium oxide is wide, the application demand is relatively small. The current domestic high-purity magnesium oxide market demand is about 52,000 tons. In terms of production, my country’s high-purity magnesium oxide production technology cannot meet the application needs, and the product production capacity is also relatively limited. my country’s annual output of high-purity magnesium oxide is less than 12,000 tons, and the market supply and demand gap is large. The current domestic high-purity magnesium oxide market demand mainly relies on imports from Japan and Europe, and there is a high import substitution space in this field in the future.
High-purity magnesium oxide refers to a product with a magnesium oxide content of 98.5%. This type of magnesium oxide has good alkali resistance and electrical insulation at high temperatures, good light transmittance, high thermal conductivity, and large thermal expansion coefficient. As a fine chemical product and high-temperature refractory material, high-purity magnesium oxide is widely used in electronic ceramics, underground cables, medicine, food, optical glass, artificial fibers, insulation materials and other fields. There are many types of high-purity magnesium oxide. According to different application fields, the main ones with high application demand are fused magnesium oxide, silicon steel magnesium oxide, electromagnetic magnesium oxide, pharmaceutical magnesium oxide, and food magnesium oxide. In the future, with the economic transformation, the market demand for pharmaceutical and food-grade magnesium oxide and high-purity nano-grade magnesium oxide will also increase.
my country’s high-purity magnesium oxide adopts the soda ash method with simple process and high cost and the ammonia method with low resource utilization and huge threat to the environment. In addition, the production enterprises are generally small in scale and low in production capacity. Only a few enterprises such as Hebei Messi Biology Co., Ltd. can meet international standards. Hebei Messi Biology Co., Ltd. stated that due to its excellent performance and high application range, the market demand for high-purity magnesium oxide has continued to rise in recent years, and the industry has developed rapidly. In terms of production, my country’s high-purity magnesium oxide output is relatively small, and the product quality is poor compared with imported products, and it does not have market competitiveness. At present, most of the domestic demand for high-purity magnesium oxide depends on imports, and there is a large space for import substitution in the domestic high-purity magnesium oxide market in the future.