China Becomes the Top Magnesium Salt Producing Country
Posted: May 27, 2017
During the "Twelfth Five-year Plan" period, Chinese magnesium oxide industry shows booming trend. In recent years, with the great development of domestic industry, the output of magnesium oxide has been rising a lot. During the "Twelfth Five-year Plan" period, the annual growth rate of magnesium oxide capacity stays more than 20 percent. It stays well above the global average. After another development of five year programming, China will be the top magnesium salt producing country.
According to the statistics from magnesium oxide special committee, there are more than thousands of magnesium oxide manufacturers and suppliers in China. For the more than 100 typical large magnesium oxide enterprises, the magnesium oxide association made a statistic: there is a few magnesium oxide manufacturer which can over ten thousand tons in annual output. The full production capacity of magnesium oxide suppliers and manufacturers that leaded by Meishen Technology is nearly 50 percent. There are more than 20 manufacturers to output magnesium oxide from 3000 tons to 8000 tons, it occupies 30 percent of total output. There are more than 40 manufacturers to output magnesium oxide between 1000 tons and 2800 tons. It occupiese 10 percent of the total output. In addition, there are more than 30 manufacturers to output magnesium oxide only 40000 tons. It is less than 5 percent of the total output.
A few years ago, the domestic magnesium oxide existed a certain gap with the foreign magnesium oxide. It mainly manifest in single variety and weak strengthen in researching and developing new products. Therefore, most of products only competed disorderly in the low-end. In replying the international environmental protection law and regulation, it is passive. However, during the 13th Five Year Plan, on the one hand, the magnesium oxide industry should strengthen competitiveness in the technical procedure. On the other hand, it should strengthen communication with upstream raw material industries. Therefore, they can reply the requirements of international environmental directive and ecological safety standard together, take them out of large but not strong, meet the needs of prospective market.
According to information, because the huge potential market of Chinese magnesium oxide products, a lot of transnational magnesium oxide manufacturers build factories in Qing hai, Guang dong and other provinces in the shape of sole proprietorship or joint venture. Therefore, Chinese magnesium oxide suppliers and manufacturers need to make the transition and upgrade urgently, and pay more attention to the high end magnesium oxide products. I believe it's not too far to grasp the market of high end magnesium oxide.
Hebei Meishen Technology Co., Ltd is the professional magnesium oxide supplier and manufacturer.