The Global Magnesium Fireproof Board Market was valued at USD 1.26 Billion in 2024 and is projected to reach USD 1.85 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024–2030). This robust growth is driven by increasingly stringent global fire safety regulations, rapid urbanization in emerging economies, and the construction industry’s accelerating shift toward sustainable and resilient building materials.

As building codes worldwide mandate higher fire resistance standards for both commercial and residential structures, magnesium fireproof boards have emerged as a superior alternative to traditional materials. These boards, composed primarily of magnesium oxide, offer exceptional fire resistance, moisture protection, and environmental benefits. In this blog, we profile the Top 10 Companies in the Magnesium Fireproof Board Industry—a diverse mix of established manufacturers and innovative pioneers shaping the future of construction safety.

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🔟 1. Mago BP

Headquarters: Jiangsu, China
Key Offering: Standard MGO Boards, Fire-Rated Wall Panels, Moisture-Resistant Boards

Mago BP is a leading global manufacturer of magnesium oxide boards, with a significant market presence in Asia-Pacific and expanding distribution networks in North America and Europe. The company’s products are certified to meet international standards like ASTM E84 for fire resistance and are widely used in commercial high-rises, industrial facilities, and residential projects.

Innovation Initiatives:

• Investment in automated production lines increasing capacity by 30% annually

• Development of ultra-lightweight MGO boards for retrofit applications

• Strategic partnerships with construction conglomerates for large-scale projects

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9️⃣ 2. Framecad

Headquarters: Auckland, New Zealand
Key Offering: Integrated MGO Board Systems, Custom Fireproof Solutions

Framecad specializes in providing complete building systems that integrate magnesium fireproof boards with cold-formed steel framing. Their solution-oriented approach offers architects and contractors a turnkey system for achieving high fire ratings while reducing construction time and labor costs.

Innovation Initiatives:

• Digital design and fabrication technology for precision installation

• Global training programs for certified installers

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8️⃣ 3. Magnastruct

Headquarters: Sydney, Australia
Key Offering: Structural MGO Panels, Acoustic Fireproof Boards

Magnastruct has carved a niche in the Australian and Southeast Asian markets with its high-performance magnesium boards that combine structural strength with superior fire resistance. Their products are particularly favored for applications requiring both load-bearing capacity and fire safety compliance.

Innovation Initiatives:

• R&D focus on improving impact resistance and durability

• Expansion into specialized industrial applications like data centers

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Magnesium Fireproof Board Market – View in Detailed Research Report

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7️⃣ 4. MGO Board

Headquarters: California, USA
Key Offering: Eco-Friendly MGO Boards, LEED-Certified Products

MGO Board has established itself as a premium brand in the North American market, emphasizing the environmental benefits of its products alongside their fireproof qualities. The company’s boards are manufactured without asbestos or other harmful chemicals, making them suitable for green building projects seeking LEED certification.

Innovation Initiatives:

• Development of formaldehyde-free bonding agents

• Partnerships with sustainability-focused architectural firms

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6️⃣ 5. Yunion

Headquarters: Shandong, China
Key Offering: Cost-Effective MGO Boards, Bulk Supply Solutions

Yunion is one of China’s largest magnesium board manufacturers, leveraging the country’s abundant magnesite resources to produce competitively priced fireproof boards. The company supplies major construction projects across Asia and has been expanding its export business to price-sensitive markets in Africa and the Middle East.

Innovation Initiatives:

• Vertical integration from raw material extraction to finished product

• Custom formulation services for specific project requirements

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5️⃣ 6. Hocreboard

Headquarters: Barcelona, Spain
Key Offering: European Standard MGO Boards, Technical Consulting

Hocreboard is the leading magnesium fireproof board supplier in the European market, with products certified to meet the stringent requirements of the EU Construction Products Regulation. The company provides comprehensive technical support to ensure proper application and compliance with local building codes.

Innovation Initiatives:

• Development of thin-profile boards for space-constrained applications

• Expansion of distribution network across Eastern Europe

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4️⃣ 7. Trusus

Headquarters: Guangdong, China
Key Offering: High-Density MGO Boards, Specialized Industrial Panels

Trusus focuses on manufacturing high-density magnesium boards designed for demanding industrial and commercial applications. Their products are engineered to withstand extreme conditions while maintaining fire resistance properties, making them ideal for factories, warehouses, and infrastructure projects.

Innovation Initiatives:

• Investment in precision manufacturing technology

• Development of boards with integrated thermal insulation properties

Download FREE Sample Report:
Magnesium Fireproof Board Market – View in Detailed Research Report

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3️⃣ 8. Evernice

Headquarters: Seoul, South Korea
Key Offering: Advanced Composite MGO Boards, Custom Fireproofing Systems

Evernice has gained recognition for its innovative composite magnesium boards that incorporate advanced materials to enhance performance characteristics. The company’s research-driven approach has resulted in products with improved mechanical properties and longer service life.

Innovation Initiatives:

• Collaboration with Korean research institutions on material science

• Development of boards with enhanced acoustic insulation properties

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2️⃣ 9. Onekin

Headquarters: Zhejiang, China
Key Offering: Green MGO Boards, Quick-Install Systems

Onekin has positioned itself as an innovator in installation-friendly magnesium board systems. Their products feature improved workability and compatibility with standard construction techniques, reducing the learning curve for contractors transitioning from traditional materials.

Innovation Initiatives:

• Development of interlocking board systems for faster installation

• Focus on products suitable for DIY and professional markets

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1️⃣ 10. Haian Futai

Headquarters: Jiangsu, China
Key Offering: Versatile MGO Boards, Export-Quality Products

Haian Futai completes our top ten with its comprehensive range of magnesium fireproof boards designed for diverse applications. The company has built a strong reputation for consistent quality and reliable supply, serving both domestic Chinese projects and international markets.

Innovation Initiatives:

• Implementation of stringent quality control protocols

• Expansion of product range to include decorative finished boards

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Magnesium Fireproof Board Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Construction Safety Is Fire-Resilient and Sustainable

The magnesium fireproof board market is undergoing a significant transformation as safety regulations tighten and sustainable construction practices become mainstream. While traditional materials still dominate many markets, the industry is investing heavily in advanced fire-resistant solutions, manufacturing innovations, and global supply chain development.

📈 Key Trends Shaping the Market:

• Rising adoption of prefabricated construction methods incorporating fireproof panels

• Increasing regulatory requirements for fire safety in residential buildings worldwide

• Growing emphasis on sustainable building materials with low environmental impact

• Technological advancements improving product performance and installation efficiency

Get Full Report Here:
Magnesium Fireproof Board Market – View in Detailed Research Report

The companies listed above are not only supplying essential safety materials—they’re driving the transformation toward safer, more sustainable construction worldwide.