Technical Innovation Expand Territory for Magnesium Oxide Industry

Chinese magnesium oxide industry experienced a rapid growth period in the preceding years. However, after crisis of international finance, the policy become tight. The magnesium oxide started to be on the decline. At present, the magnesium oxide industry is excess production capacity and has simple product. Therefore, the technical innovation will expand territory for magnesium oxide industry.

For the magnesium oxide industry, it now appears that it is less likely to make a breakthrough in traditional application areas. Especially the rubber industry is continuing depression. And in the dye industry, the customers have higher and higher demand for the healthy and safety of dye. Therefore, the substitute goods with green and environmental protection are favored and admired. The magnesium oxide market share is pressed further. If the industry want to struggle with it, the most feasible approach is to open up new application areas through product innovation and technological innovation. And the developmental direction should tightly around the future growing trend. What’s more, it should expand demand and seek business opportunities in some industries which are encouraged and supported by national policies.

Meishen Technology has already involved in a new exploration. The high-end magnesium oxide is a kind of new type product with huge development potential, which has been promising. The high-end magnesium oxide includes pharm grade magnesium oxide, food grade magnesium oxide, nano magnesium oxide, high purity magneisum oxide, etc. These products are worth to promote with going green and environmental protection, high additional value. At the same time, in the recent years, it can solve the magnesium oxide industry’s over capacity. As everyone knows, a large number of Chinese magnesium oxide equipment started to work, the total capacity is continuous to rising. Because of the serious surplus, the operating rate is low. Once it is accepted by market, the magnesium oxide consumption quantity will present dramatic rise within a few years.

In order to bring the vision to reality, the magnesium oxide suppliers should continue to tap market potential, and make full use of technological innovation. The magnesium oxide industry also should go for a deeper and wider field through the pioneering work.

Hebei Meishen Technology Co., Ltd is the professional magnesium oxide supplier and manufacturer.