Magnesium oxide industry need to vigorously expand these market:
At the first, we need expand the market of magnesium oxide’s advanced materials vigorously. In the trade deficit of magnesium oxide industry, the largest import is advanced material of it. The market of magnesium oxide advanced material is also the most competitive market among the multinational companies. In order to narrow the gap with developed countries, we need to break the “bottle neck” from new chemical materials technology, strive to break through the supply capacity of food keep-fresh packaging materials, the chemical building’s new materials, the lightening automobile materials and the electronic chemicals materials.
Secondly, we need to expand the market of magnesium oxide’s specialty chemicals vigorously. China is a high consumption country. It is a great market demand for specialty chemicals such as food additives, textile treatments, printing and dyeing auxiliary, new type coatings, medicine raw materials and daily chemical. For this huge, high-tech and value end market, magnesium oxide manufacture in Chinese should try to building innovation ability and expand the degree of self-sufficiency and occupancy continually.
Last but not least, we need to expand the overseas market vigorously, especially to step up exchanges and cooperation with the countries of “the Belt and Road”. According to the different characteristics and demands from different countries, we need to push forward magnesium oxide products “go global”, develop deep processing of magnesium oxide upstream and downstream and extend industry chain. On this account build up a group of key enterprises have international competition and strong market expanding ability, which lead by Hebei Meishen Technology Company.