Impact of COVID-19: Impact on the Commercial Magnesium Oxide Board Market

Magnesium oxide board (also called MgO board) is mainly used in the construction industry. It is a non-insulating sheathed board product. It is made of magnesium oxide (a mineral cement). Magnesium oxide boards can be used in various applications such as wall and ceiling linings, panels, soffits, tile backings and linings. Magnesium oxide boards come in many forms. It can be used in various thicknesses and sheet sizes in the construction industry. Magnesium oxide board is made of a mixture of magnesium oxide (MgO), non-organic minerals, adhesives and fiber mesh composite materials. It does not contain formaldehyde, asbestos and toxic chemicals. Magnesium oxide boards are also available in various grades, such as smooth surface, rough texture and practical grade. It is white, beige or light gray.
Magnesium oxide board replaces traditional gypsum drywall, is used as a covering material and sheath for walls and ceilings, and is also used in many other construction applications. Magnesium oxide wallboard is not only fireproof, but also used for heat insulation in construction and construction industries. The magnesium oxide present in the magnesium oxide wall board is the key material to make it fireproof. Magnesium oxide boards are widely used in the construction of commercial and residential properties. It is used for refurbishment or repair, especially where gypsum board gypsum type lining has been used or other types of deteriorating high-maintenance gypsum board cement derivative products are used. The construction technology is changing; it is moving towards a fast, lightweight structure. Drywall construction is widely accepted in residential, commercial and industrial projects. It is both energy-saving and economical.
Magnesium oxide board is environmentally friendly and will not waste a lot of fossil fuels during production. It also does not release large amounts of carbon dioxide into the atmosphere. This is one of the key factors driving the magnesium oxide board market. The thermal conductivity of magnesium oxide boards and panels is low. Therefore, it reduces the cost of insulation. In addition, it also has excellent fire and sound insulation properties.
According to the application, the magnesium oxide board market can be divided into residential, commercial, industrial, etc. Magnesium oxide wall panels are used in the construction industry because they help reduce construction and maintenance costs. Compared with traditional wood, gypsum and cement-based products, they also have superior performance. The interior and exterior wall panels made of magnesium oxide are not only strong, but also have the characteristics of fire resistance, mildew resistance and non-toxicity. They also provide insulation and hold well in the water.
In terms of regions, the global magnesium oxide board market can be divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region is the main area of ​​the magnesium oxide board market, followed by Europe and North America. Due to the growth of the residential sector in countries such as China and India, it is estimated that the Asia-Pacific region will account for a large share of the global magnesium oxide board market. Since countries/regions such as China, India, and Japan have large-scale production facilities, these countries are driving the magnesia board market in the Asia-Pacific region. In addition, China has the largest magnesia deposit in the world.
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Post time: Mar-10-2021