Hebei Messi Biology Co., Ltd. stated that with the continuous deepening of magnesium oxide research and the development of the demand structure of downstream industries towards the middle and high-end, the market demand for high-purity magnesium oxide has increased faster than the overall market growth, which has aggravated the structural contradiction between supply and demand of magnesium oxide in my country. In order to adapt to the development trend of the magnesium oxide industry and combine the characteristics of my country’s magnesium oxide resource endowment, my country’s superior magnesium oxide enterprises continue to carry out research and industrial application of deep processing technologies such as high purity, ultrafine, and demagnetization.
The future trend of deep processing of magnesium oxide is mainly reflected in the following aspects:
(1) Medical magnesium oxide
As a good filler and auxiliary material, medical magnesium oxide has important applications in medical supplies seasonings, pharmaceutical excipients, antibacterial materials and other fields.
(2) High-purity ultrafine magnesium oxide
High-purity ultrafine magnesium oxide is mainly used in advanced electronic components, and its representative products are 5G ceramic filters and multilayer ceramic capacitors (MLCC). In the 5G field, the construction peak period is 2020-2023. The number of 5G base stations is about 1.5 times that of 4G base stations, nearly 8.5 million. Based on the estimation that each base station has three antennas and each antenna has 64 filters, the market demand for ceramic dielectric filters is 1.6 billion. In addition, MLCC is one of the largest and fastest-growing chip components in the world. Among them, the average monthly demand in the mobile phone field is 120 billion, the average monthly demand in the automotive MLCC field is 100 billion, the average monthly demand in the home appliance, PC and server, and security fields is 150 billion, and the average monthly demand in other fields is 100 billion.
(3) Magnesium oxide for cosmetics
In the cosmetics field, magnesium oxide is used in everything from shampoo, facial cleanser to ordinary facial mask, facial cream and other skin care products to isolation cream, makeup and other cosmetics. It can be used as a filler (base material) or in the formula.
(4) Magnesium oxide for rubber and plastics
In rubber and plastics, the demand for magnesium oxide remains high. Magnesium oxide can make rubber and plastics have good vulcanization promotion, thermal conductivity and flame retardancy. It is worth noting that the domestic import rate of magnesium oxide for rubber and plastic has long remained at a high level of 80% to 85%. Although the growth rate of the rubber and plastic market has stabilized, there is still a large room for import substitution.