Magnesium Oxide Nanoparticles Market to Grow with a CAGR of 7.8% through 2029
Growth in Construction and Infrastructure Development are
expected to drive the Global Magnesium Oxide Nanoparticles Market growth in the
forecast period, 2025-2029.
According to TechSci Research report, “Magnesium Oxide
Nanoparticles - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029F”, the Magnesium Oxide Nanoparticles Market
stood at USD 55.35 Million in 2023 and is anticipated to grow with a CAGR of 7.8%
through 2029. The
demand for magnesium oxide nanoparticles in the construction and infrastructure
sectors is bolstered by their ability to enhance the performance, durability,
and sustainability of building materials. As the construction industry
progresses with advancements in technology and sustainability objectives,
magnesium oxide nanoparticles are set to significantly influence global
infrastructure projects. These nanoparticles are integrated into construction
materials like cement additives, coatings, and insulation to bolster their
durability, strength, and fire resistance. They enable the development of
high-performance concrete and composites capable of withstanding harsh
environmental conditions and improving structural integrity. By enhancing
mechanical properties such as tensile strength, flexural strength, and impact
resistance, magnesium oxide nanoparticles contribute to constructing
longer-lasting buildings that require less maintenance over their lifespan.
These nanoparticles facilitate the
creation of fire-resistant coatings and materials, curbing flame propagation
and reducing smoke emissions to uphold safety standards and comply with
building regulations. Moreover, magnesium oxide nanoparticles promote environmentally
friendly building practices by diminishing the ecological footprint of
construction endeavors. They optimize energy efficiency within buildings
through enhanced insulation and thermal management solutions. With escalating
investments in global infrastructure projects, there is a heightened demand for
advanced construction materials. Magnesium oxide nanoparticles play an
indispensable role in meeting the stringent performance criteria of
contemporary infrastructure initiatives, encompassing bridges, tunnels, and
tall structures.
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Global Magnesium Oxide Nanoparticles Market is
segmented into type, end user, regional distribution, and company.
Based on end user, The Paints & Coatings segment
emerged as the fastest growing in the global market for magnesium oxide
nanoparticles in the forecast period. Magnesium oxide nanoparticles are
integrated into coatings and paints to enhance adhesion, corrosion resistance,
and UV stability. They improve the mechanical strength, chemical resistance,
and weather resistance of coatings, effectively protecting surfaces from
corrosion, abrasion, and environmental degradation. Additionally, these
nanoparticles enhance dispersion stability, increase pigment loading, and
elevate overall coating quality without compromising gloss or color properties.
As a result, magnesium oxide nanoparticle-based coatings find applications
across automotive, aerospace, marine, and architectural sectors. A
groundbreaking radiative cooling paint has been developed, as detailed in
Advanced Material Technologies published by Wiley in 2023. Researchers at
Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) in Bengaluru,
led by Professor Bivas Saha in collaboration with Prasanna Das, Sourav Rudra,
and Krishna Chand Maurya, have introduced a low-cost, solution-processed paint
made from novel MgO-PVDF polymer nanocomposite. This paint demonstrates
significant cooling capabilities with high solar reflectivity and infrared
thermal emissivity. These findings suggest that implementing MgO-PVDF cooling
paint in construction can substantially reduce reliance on air conditioning,
thereby mitigating associated environmental impacts. Experimental results
indicate that the surface temperature of a treated paver decreases by
approximately 10°C under intense sunlight, nearly double the reduction achieved
by conventional white paints. This continuous innovation expands the range of
functionalities and applications for these nanoparticles in the industry.
Based on region, the North America region is expected
to be fastest growing region during the forecast period. North America's
rapid growth in the global market for magnesium oxide nanoparticles is driven
by its technological leadership, strong industrial presence, supportive
regulatory framework, continuous investments in research and development, and
high demand for advanced materials. The United States stands out for its
innovation in technology and advanced manufacturing. The region hosts a diverse
industrial base encompassing electronics, healthcare, aerospace, and automotive
sectors, all of which are significant consumers of magnesium oxide
nanoparticles. These nanoparticles are prized for their distinctive qualities
such as excellent thermal stability, electrical insulation, and catalytic
properties, which enhance the performance and efficiency of industrial
processes and products. North America is also home to leading companies and
research institutions like US Research Nanomaterials, Inc., and Skyspring
Nanomaterials Inc., which drive advancements in nanotechnology and materials
science. This leadership position facilitates the development and widespread
adoption of magnesium oxide nanoparticles across various high-tech industries
in the region.
Major companies operating in Global Magnesium Oxide
Nanoparticles Market are:
- American
Elements
- EPRUI Biotech
Co. Ltd.
- Inframat
Advanced Materials LLC
- Martin Marietta
Inc.
- Nanografi Nano
Technology
- Nanoshel LLC
- Merck KGaA
- Nanostructured
& Amorphous Materials Inc
- SkySpring
Nanomaterials, Inc.
- US Research
Nanomaterials, Inc.
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“Magnesium oxide nanoparticles are leading a
transformative wave across industries, leveraging their inherent properties
such as high surface area and biocompatibility to redefine materials science.
They enhance electronic devices, revolutionize medical treatments, and advance
environmental technologies. Amid rising global demand, magnesium oxide
nanoparticles are pivotal in driving technological evolution and
sustainability, offering innovative solutions for a dynamic and interconnected
world”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Magnesium Oxide Nanoparticles Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type
(Hard Burned Magnesium Oxide, Light Burned Magnesium Oxide, Dead Burned
Magnesium Oxide, Others), By End User (Electrical & Electronics,
Pharmaceuticals, Paints & Coatings, Textile, Others), By Region and
Competition, 2019-2029F”, has evaluated
the future growth potential of Global Magnesium Oxide Nanoparticles Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Magnesium Oxide Nanoparticles Market.
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