The Global Magnesium Board Market was valued at USD 1.8 Billion in 2023 and is projected to reach USD 3.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period (2024–2030). This robust growth is primarily driven by increasing demand for fire-resistant, eco-friendly building materials, rapid urbanization in emerging economies, and stringent government regulations promoting green construction practices.

As the construction industry pivots toward sustainability and enhanced safety standards, magnesium boards are emerging as a superior alternative to traditional gypsum and cement boards. In this blog, we profile the Top 10 Companies in the Magnesium Board Industry—a dynamic mix of established material scientists, innovative manufacturers, and sustainability champions shaping the future of modern construction.

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

---

🔟 1. Wanhua Hexiang Ecological Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Fireproof Magnesium Oxide Board, Decorative Panels

Wanhua Hexiang is a leading manufacturer of magnesium oxide boards, specializing in eco-friendly building materials. The company’s products are known for their high strength, fire resistance, and moisture-proof properties, making them ideal for interior and exterior applications in residential and commercial buildings.

Innovation & Sustainability Initiatives:

• Advanced R&D in magnesium-based composite materials

• Focus on reducing carbon footprint in production processes

• Expansion of production capacity to meet global demand

---

9️⃣ 2. Haicheng Dadeguang Fire Door Industry Material Co., Ltd.

Headquarters: Liaoning, China
Key Offering: Fire-Rated Magnesium Board, Door Core Materials

Specializing in fire safety solutions, Haicheng Dadeguang produces high-performance magnesium boards used primarily as core materials for fire-rated doors and partitions. The company’s products meet international fire safety standards, providing critical passive fire protection.

Innovation & Sustainability Initiatives:

• Development of ultra-lightweight fireproof boards

• Integration of recycled materials in manufacturing

---

8️⃣ 3. Magnesium Crystal Construction Technology (Chongqing) Co., Ltd.

Headquarters: Chongqing, China
Key Offering: MgO Board, Sound Insulation Panels

Magnesium Crystal Construction Technology is renowned for its high-purity magnesium oxide boards that offer exceptional acoustic insulation properties. The company serves major construction projects across Asia, with a focus on high-rise buildings and commercial complexes.

Innovation & Sustainability Initiatives:

• Patented crystal formation technology for enhanced durability

• Zero-formaldehyde production processes

---

7️⃣ 4. Jiangsu Blue Circle New Material Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Eco-friendly MgO Board, Wall Panels

Jiangsu Blue Circle specializes in innovative magnesium-based building materials that combine sustainability with high performance. The company’s products are widely used in green building projects and have received numerous environmental certifications.

Innovation & Sustainability Initiatives:

• Closed-loop water recycling systems in manufacturing

• Development of antibacterial magnesium boards for healthcare facilities

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

---

6️⃣ 5. Dezhou Asia Pacific Group Co., Ltd.

Headquarters: Shandong, China
Key Offering: Magnesium Sulfate Board, Construction Panels

Dezhou Asia Pacific Group is a diversified building materials company with significant expertise in magnesium sulfate board production. Their products are known for excellent mold resistance and are particularly popular in humid climatic regions.

Innovation & Sustainability Initiatives:

• Energy-efficient manufacturing facilities

• Strategic partnerships with global construction firms

---

5️⃣ 6. Jiangsu Shenggang Construction and Installation Engineering Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Custom Magnesium Boards, Architectural Solutions

This company operates as both a manufacturer and installer, providing comprehensive magnesium board solutions for large-scale construction projects. Their integrated approach ensures quality control from production to installation.

Innovation & Sustainability Initiatives:

• Development of flexible magnesium boards for curved surfaces

• Training programs for certified installation teams

---

4️⃣ 7. Shanghai Xinlong Architectural Decoration Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Decorative Magnesium Boards, Custom Finishes

Shanghai Xinlong focuses on the aesthetic applications of magnesium boards, producing decorative panels with various finishes and textures. The company serves high-end residential and commercial projects requiring both safety and design excellence.

Innovation & Sustainability Initiatives:

• Digital printing technology for custom designs

• Use of non-toxic, water-based coatings

---

3️⃣ 8. Jiashan Meilin Fireproof Building Materials Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: High-Fire Resistance MgO Boards, Partition Systems

Jiashan Meilin specializes in ultra-fire-resistant magnesium boards that can withstand extreme temperatures. The company’s products are certified for use in critical infrastructure, including hospitals, schools, and public buildings.

Innovation & Sustainability Initiatives:

• R&D in nano-enhanced fireproof coatings

• Collaboration with research institutions for material testing

---

2️⃣ 9. USG Boral

Headquarters: Chicago, Illinois, USA
Key Offering: Magnesium Oxide Panels, Specialty Boards

As a joint venture between USG Corporation and Boral Limited, this global leader offers premium magnesium board products through extensive distribution networks. The company combines American manufacturing expertise with Asian market knowledge.

Innovation & Sustainability Initiatives:

• Global sustainability standards compliance

• Investment in circular economy principles

---

1️⃣ 10. Knauf Gips KG

Headquarters: Iphofen, Germany
Key Offering: Magnesium Board Systems, Drywall Solutions

Knauf, a global leader in building materials, has integrated magnesium board technology into its extensive product portfolio. The company’s European engineering standards ensure high-quality products that meet rigorous performance requirements.

Innovation & Sustainability Initiatives:

• Comprehensive life cycle assessment for all products

• Development of fully recyclable board systems

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

---

🏗️ Outlook: The Future of Magnesium Board Is Smarter and Greener

The magnesium board market is experiencing a transformative shift toward higher performance and sustainability. While traditional gypsum boards still dominate certain segments, the industry is rapidly adopting magnesium-based solutions for their superior fire resistance, moisture management, and environmental benefits.

📈 Key Trends Shaping the Market:

• Rising adoption in prefabricated and modular construction

• Stringent building codes mandating improved fire safety

• Growing consumer preference for non-toxic building materials

• Technological advancements in board manufacturing processes

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

The companies listed above are not only supplying construction materials—they’re pioneering the sustainable transformation of the built environment.