Magnesium Oxide Nanopowder Market Report 2026

The magnesium oxide nanopowder market size has grown strongly in recent years. It will grow from $3.55 billion in 2025 to $3.85 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to industrial insulation demand, growth in refractory materials, use in metallurgical processes, expansion of construction activities, adoption in chemical catalysis.

The magnesium oxide nanopowder market size is expected to see strong growth in the next few years. It will grow to $5.5 billion in 2030 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to electric vehicle insulation demand, growth in electronics manufacturing, stricter fire safety standards, advanced material research, expansion of energy storage systems. Major trends in the forecast period include rising demand for high purity nanopowders, increased use in fire retardant applications, growth in advanced insulation materials, expansion of catalytic applications, focus on particle size control.

The increasing demand for electronic products is expected to propel the growth of the magnesium oxide nanopowder market going forward. Electronic products are devices that rely on electronic circuits and components to perform specific functions. Magnesium oxide nanopowders are widely used in coatings for electronic devices to enhance durability and resistance to wear and tear. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, Japan’s electronic equipment production reached 771.45 billion yen (approximately USD 5.6 billion). Consumer electronics output rose to 32.09 billion yen (around USD 233 million), up from 25.26 billion yen (about USD 183 million) in May 2022. Therefore, the increasing demand for electronic products is driving the growth of the magnesium oxide nanopowder market.

The increasing demand for CO₂ emission reduction is expected to propel the growth of the magnesium oxide nanopowder market going forward. CO₂ emission reduction refers to efforts to minimize greenhouse gas emissions produced by individuals, organizations, or countries. Magnesium oxide nanopowder serves as an effective CO₂ adsorbent due to its suitable surface area and porosity. It can also react with CO₂ and water in engine plumes or the atmosphere to form magnesium carbonate or magnesium bicarbonate, helping reduce emissions, particularly in aviation applications. For instance, in April 2024, the U.S. Energy Information Administration (EIA) reported a 3% reduction in U.S. energy-related CO₂ emissions in 2023, equal to 134 million metric tons (MMt). The electric power sector played a major role, contributing to an emissions decrease of 7% and accounting for 85% of the overall reduction. Therefore, the increasing demand for CO₂ emission reduction is driving the growth of the magnesium oxide nanopowder market.

The increasing demand for personal care products is expected to propel the growth of the magnesium oxide nanopowder market going forward. Personal care products include self-care items used for hygiene, cleaning, and grooming, such as shampoos, conditioners, toothpaste, creams, and cosmetics. Magnesium oxide nanopowder is used as a polishing agent in products such as toothpaste and skincare items and serves as an adhesive in formulations for haircare products. For instance, in September 2024, according to the Bureau of Labor Statistics, a US-based government agency, consumer spending on personal care products and services increased by 9.7% from 2022 to 2023, while maintaining a consistent 1.2% share of total annual expenditures. Therefore, the rising demand for personal care products is driving the growth of the magnesium oxide nanopowder market.

Major companies operating in the magnesium oxide nanopowder market are American Elements, SkySpring Nanomaterials Inc., Nanografi Co. Inc., Nanostructured & Amorphous Materials Inc., Nanoshel LLC, US Research Nanomaterials Inc., Inframat Corporation, Baikowski SAS, Nanophase Technologies Corporation, Showa Denko Materials Co., Ltd., Sakai Chemical Industry Co., Ltd., Iolitec Ionic Liquids Technologies GmbH, Tekna Advanced Materials Inc., PlasmaChem GmbH, Nexceris LLC, Umicore, Merck KGaA, Evonik Industries AG, Tosoh Corporation, JGC Catalysts and Chemicals Ltd., Hefei Kejing Materials Technology Co., Ltd., Nanjing XFNANO Materials Tech Co. Ltd.

Asia-Pacific was the largest region in the magnesium oxide nanopowder market in 2025. It is expected to be the fastest-growing region in the forecast period. The regions covered in the magnesium oxide nanopowder market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the magnesium oxide nanopowder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The magnesium oxide nanopowder market consists of sales of catalysts, advanced ceramics, coating materials and painting materials. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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