Showing posts with label Asia Brucite Market Share. Show all posts
Showing posts with label Asia Brucite Market Share. Show all posts

Wednesday, August 1, 2018

Multiple Applications to Bolster Asia Brucite Industry: Ken Research


Brucite is a mineral extracted from magnesium hydroxide. Synthetic brucite is mainly consumed as magnesia (MgO) which is a useful refractory insulator. It is also used as a flame retardant as it thermally decomposes to release water and constitutes as a significant source of magnesia for industrial use. Brucite is not often used as a mineral specimen and is used as an additive in certain refractories. Brucite is often found as a part of the chemical structure of other minerals. The physical properties of brucite are its lusty, transparent crystal, gets associated with other minerals, flexible, inelastic nature and it is either white or colourless with shades of grey, blue and green.

According to the study “Asia Brucite Industry Situation and Prospects Research report”, majority of the Brucite available in the market is mined for industrial use. The current brucite market for flame-retardants is less than 50,000 tonnes annually and is increasing exponentially. The major advantage of Brucite is that it does not containing carbon dioxide and no gases are released during calcinations. The increasing demand for the mineral, metal and high-grade brucite deposits may encourage scientists to discover more exploration targets within the next few years.

Asian brucite market is relatively small, but it is growing rapidly. Brucite is a industrial mineral that can be used in dead-burned magnesia production, as functional filler in plastic compounds, smoke retardant, as electric wire insulation, carpet backing, waste-water treatment, agricultural feed, dietary magnesium supplement, odour controller, and in specialty cement preparations as an additive to Portland cements. It is one of the key minerals in effluent treatment as a neutralizing reactant. 

Various Brucite product type available in Asian market are ball type, block type, and fiber type. Brucite is used in various industrial applications such as flame retardant, paper packing, arts, crafts, refractory manufacturing and other industries. All the leading vendors in Asian brucite industry are increasingly focusing on creating strong brand names, offering well-established products, and exhibit long-term reliability. The vendors are increasingly competing against each other based on factors such as price, features, and product quality. The leading vendors in Asia’s Brucite industry are Magnezit, Russian Mining Chemical, Garrison Minerals, Premier Magnesia, Dandong Jinyuan, Dandong Xinyang, Dandong C.L.M., Dandong Yongfeng, Dandong Xinda, and Shanxi Tianbao. Geographically, Asian brucite industry is spread across China, Japan, India, Korea, Saudi Arabia and other regions. 

Asia accounts for a largest share in the brucite industry due to enhanced living standards. The increasing consumption of brucite for various applications is encouraging the market towards expansion in various sectors attracting huge recognition and this trend will continue over the next few years in Asian markets. 

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