At present, Just a few country has magnesium oxide production capacity. Magnesium oxide industry belongs to capital-intensive, skill-intensive and resource-intensive industry. The production is closely related to the supply of raw material. In China, a lot of resource distribute in many places. Among the magnesium oxide manufacturers, Meishen Technology is the largest magnesium oxide production base. It is also the first magnesium oxide manufacturer and supplier to focus on the high pure magnesium oxide’s research, development and production.
From the view of industry chain, the profit level of magnesium oxide industry is influenced by upstream raw material market and the developmental level of downstream application industries. Since 2016, Chinese magnesium oxide industry recovers step by step, the requirements of related medical, food, rubber and other industries in great demand continually. At the same time, in this industry, the magnesium oxide suppliers and manufacturers’ profit exists big difference. The magnesium oxide supplier, which has strong research and development, advanced equipment and core technology, can produce high quality magnesium oxide. For example, Meishen Technology. It has stable benefit and high level profit.
Almost domestic high end magnesium oxide depends on the imported. As the matter of fact, with the expansion of downstream industries, domestic magnesium oxide manufacturers and suppliers are seeking technology breakthrough.