30.01.2018 Views

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><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 />

www.qyresearch<strong>global</strong>.com

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