With the upgrading of my country’s manufacturing industry and the advancement of the “Internet +” action, the differentiated and personalized needs of the magnesium oxide product market are becoming more and more obvious, and the consumption of diversified magnesium oxide raw materials will also increase. So how can the magnesium oxide industry create high value-added products through independent research and development and innovative production processes?
Magnesium oxide is widely used and is an indispensable and important material in all industries of the national economy. With the high performance of new processes and general materials, the application field of magnesium oxide materials is constantly extending. A large number of magnesium oxide companies have been put into production, the competition for products has gradually become fierce, and the industry’s benefits have maintained steady growth.
As Feng Wenjie, general manager of Hebei Messi Biology Co., Ltd. said, the market fluctuates greatly, but overall the magnesium oxide industry is improving. In general, with the continuous increase in my country’s magnesium oxide production capacity, the self-sufficiency rate is gradually increasing, but the supply gap still exists. Work safety, trade frictions, raw material prices, low-end homogeneity of products, insufficient environmental protection investment, and capacity structure adjustment have all become factors affecting the development of the industry.