MgO Industry Should Focus on These Markets

December 26, 2017 | Author: | Posted in Business

   First, magnesium oxide manufacturers and suppliers should vigorously develop magnesium oxide high end material market. In the trade deficit of magnesium oxide industry, magnesium oxide high-end material occupies the largest import volume. What’s more, it is the most competitive market for transnational corporations. MgO industry should make great efforts to break through bottleneck of new chemical material, and make the great break-through in the aspects of supplying food fresh keeping packing material, chemical constructing new material, automobiles lightening materials and electronic chemical materials.

Next, this industry should pay more attention to the specialty chemicals of magnesium oxide market. China is a big consumer. Many specialty chemicals have huge market demands, such as food additives, spinning post-processing agent, printing and dyeing auxiliary, new type coating, raw materials for medicines, chemicals for daily use and so on. For this end market with great value, magnesium oxide suppliers and manufacturers must try best to enhance innovate ability, and expand degree of self-sufficiency and occupancy.

Finally, MgO industry should focus on open up overseas market, especially strengthen exchanges and cooperation with linear countries of the Belt and Road. According to the different countries’ characteristics and demands, it adopt many ways to drive magnesium oxide products to go abroad.

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