Global magnesium oxide powder market size was valued at USD 2.41 billion in 2024. The market is projected to grow from USD 2.58 billion in 2025 to USD 4.12 billion by 2032, exhibiting a CAGR of 6.7% during the forecast period.Magnesium oxide powder serves as a critical component in steel production, wastewater treatment, and pharmaceutical applications due to its thermal stability and...