Which MgO Markets can be Expand?
Firstly, you should vigorously develop high-end magnesium oxide material market. According to a professional magnesium oxide manufacturer’s analysis, in the trade deficit of magnesium oxide industry, the most imported is high-end material. At the same time, it is the most intense competition in transnational corporations. In order to break through the bottleneck of chemical new material technology, you should break some supply capacity of fresh-keeping material for food, chemical building new material, light weight material in automobile and electronic chemical materials, and strive to narrow the gap with developed countries. For example, the pharmaceutical grade magnesium oxide market.
Now, the expert from Meishen Technology, a professional magnesium oxide supplier and manufacturer, introduces some knowledge about pharmaceutical grade magnesium oxide and the reasons why magnesium oxide need to be develop. Mr.Sun, the president of Meishen Technology, made a speech in China Inorganic Salt Industry Association Magnesium Compound Branch. He said: “Chinese depth of pharmaceutical grade magnesium oxide is not large, the consumption is just about 1500 tons for a year. The biggest consumption field of pharmaceutical grade magnesium oxide is health care medicine. In the last few years, number of Chinese health care medicine enterprises depress, however, the foreign health care medicine industry develops fast. It is a huge need for the pharmaceutical grade magnesium oxide .”
In the second place, you should vigorously develop magnesium oxide specialty chemicals market. China is a consumption country, it has a large market demand for specialty chemicals of food additives, after treating agent, printing and dyeing auxiliary, new coating, medical raw material, daily chemicals and so on. For this huge terminal consumer market with high technology and high value, the magnesium oxide enterprises should make efforts to improve innovation ability and enlarge the market share.
Meishen Technology actively upgrade production technology and continuously improve the quality management system. It not only researched many customized magnesium oxide products in industry field, but also research pharmaceutical grade magnesium oxide constantly. In addition, the company also look at the overseas market. It wants to get further development through opening the international trade barrier.
In the end, you should vigorously develop overseas market. Especially to strength exchanges and cooperation with the countries along “the Belt and Road”. According to the countries’ different characteristics and demands, we should make deep processing of magnesium oxide’s upstream and downstream, extend industrial chain. Finally, it forms a group of key enterprises was leading by the enterprise produces high-end magnesium oxide, with international competitiveness and market development capability.