QYResearch: The global Magnesium Fireproof Board market is expected to reach USD 1270.05 million by 2021
More Detail: http://www.qyresearchglobal.com/goods-852984.html According to QYResearch, The global Magnesium Fireproof Board production market was 147.7 million square meters in 2016 and is expected to grow at a CAGR of 7.44% from 2012 to 2016. The global Magnesium Fireproof Board market was valued at USD 947.06 million in 2016 and is expected to reach USD 1270.05 million by 2021.
More Detail: http://www.qyresearchglobal.com/goods-852984.html According to QYResearch, The global Magnesium Fireproof Board production market was 147.7 million square meters in 2016 and is expected to grow at a CAGR of 7.44% from 2012 to 2016. The global Magnesium Fireproof Board market was valued at USD 947.06 million in 2016 and is expected to reach USD 1270.05 million by 2021.
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<strong>QYResearch</strong>: <strong>The</strong> <strong>global</strong> <strong>Magnesium</strong><br />
<strong>Fireproof</strong> <strong>Board</strong> <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong><br />
<strong>USD</strong> <strong>1270.05</strong> <strong>million</strong> <strong>by</strong> <strong>2021</strong><br />
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<strong>QYResearch</strong><br />
<strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> <strong>is</strong> a fire proof and a<br />
thermal insulation building material. It can be<br />
used for a number of applications including wall<br />
and ceiling linings, exterior cladding, fascia’s,<br />
soffits, tile backing and flooring underlay.<br />
MgO <strong>Board</strong> <strong>is</strong> non-combustible and can achieve<br />
fire ratings as high as 4 hours given the correct<br />
installation. It can be used for sound studios,<br />
schools, public areas, movie theatre’s, train and<br />
bus partitioning, boat partitioning, shopping<br />
centers and any area where the fireproof function<br />
<strong>is</strong> necessary.<br />
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<strong>QYResearch</strong><br />
According <strong>to</strong> <strong>QYResearch</strong>, <strong>The</strong> <strong>global</strong> <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> production <strong>market</strong> was 147.7 <strong>million</strong><br />
square meters in 2016 and <strong>is</strong> <strong>expected</strong> <strong>to</strong> grow at a CAGR of 7.44% from 2012 <strong>to</strong> 2016. <strong>The</strong> <strong>global</strong> <strong>Magnesium</strong><br />
<strong>Fireproof</strong> <strong>Board</strong> <strong>market</strong> was valued at <strong>USD</strong> 947.06 <strong>million</strong> in 2016 and <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>USD</strong> <strong>1270.05</strong> <strong>million</strong><br />
<strong>by</strong> <strong>2021</strong>. Overall, the <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> products performance <strong>is</strong> positive with the <strong>global</strong> economic<br />
recovery.<br />
<strong>The</strong> technical barriers of <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> are relatively high, and the major countries are Asia-<br />
Pacific. Asia-Pacific <strong>is</strong> the largest consumer, almost 43.07% of <strong>to</strong>tal consumption in 2016, followed <strong>by</strong> North<br />
America with 18.66% of consumption share.<br />
<strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> has a wide range of applications. <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> <strong>is</strong> used in<br />
Interior Decoration, Exterior Decoration. <strong>The</strong>refore, growing demand for commercial and residential<br />
buildings has driven the growth of <strong>global</strong> <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> <strong>market</strong>. <strong>The</strong> demand for <strong>Magnesium</strong><br />
<strong>Fireproof</strong> <strong>Board</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> continue increasing during the remaining years of the forecast period of 2016-<br />
2022. <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> industry will be used in a stable growth space.<br />
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<strong>QYResearch</strong><br />
In the past few years, the price of<br />
<strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong> has a little<br />
change and we expect the price will slightly<br />
lower. However, the improvement of<br />
energy, transportation costs, employee<br />
wages, and equipment depreciation will<br />
play a significant role in promoting the cost<br />
of <strong>Magnesium</strong> <strong>Fireproof</strong> <strong>Board</strong>.<br />
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<strong>QYResearch</strong><br />
As the same time, companies are focusing on<br />
technological innovation, equipment<br />
upgrades, and process improvements, <strong>to</strong><br />
reduce costs and improve quality. With the<br />
snatch for <strong>market</strong> share in emerging regions,<br />
the competition in <strong>Magnesium</strong> <strong>Fireproof</strong><br />
<strong>Board</strong> industry will become more intense.<br />
More Info: http://www.qyresearch<strong>global</strong>.com/goods-852984.html<br />
www.qyresearch<strong>global</strong>.com
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