The Global Magnesium Board Market was valued at USD 1.89 Billion in 2024 and is projected to reach USD 2.82 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is fueled by escalating demand for fire-resistant, eco-friendly building materials, stringent construction safety regulations worldwide, and the material’s superior performance over traditional gypsum and cement boards.

As the construction industry pivots toward sustainability and enhanced safety standards, magnesium oxide (MgO) boards are emerging as a cornerstone material. In this blog, we profile the Top 10 Companies in the Magnesium Board Industry—a dynamic mix of established manufacturers and innovative leaders driving the adoption of high-performance, green building solutions.

---

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

Headquarters: Shandong, China
Key Offering: Standard MgO Boards, Fireproof MgO Boards, Waterproof MgO Boards

Wanhua Hexiang is a prominent manufacturer specializing in eco-friendly magnesium oxide board production. The company leverages advanced technology to produce boards that are mold-resistant, fireproof, and suitable for various interior and exterior applications, serving both residential and commercial construction sectors.

Innovation and Sustainability Initiatives:

• Focus on producing low-carbon footprint building materials

• Investment in R&D for enhanced board durability and application range

• Commitment to meeting international green building standards (LEED, BREEAM)

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

---

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

Headquarters: Liaoning, China
Key Offering: Fire-Rated MgO Boards, MgO Door Core Materials

Haicheng Dadeguang specializes in manufacturing magnesium oxide boards specifically engineered for fire door cores and other high-temperature applications. Their products are known for exceptional fire resistance, stability, and are widely used in projects requiring stringent fire safety compliance.

Innovation and Sustainability Initiatives:

• Development of ultra-lightweight, high-strength fire-resistant boards

• Collaboration with door manufacturers to integrate MgO solutions

---

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

Headquarters: Chongqing, China
Key Offering: Crystal Magnesium Boards, Decorative MgO Panels

Magnesium Crystal Construction Technology is recognized for its high-purity “Crystal” magnesium boards, which offer improved smoothness, strength, and environmental performance. The company caters to premium construction and interior design markets.

Innovation and Sustainability Initiatives:

• Proprietary production process for superior surface finish

• Emphasis on VOC-free and formaldehyde-free products

---

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

Headquarters: Jiangsu, China
Key Offering: MgO Sheathing Boards, MgO Underlayment, Custom MgO Panels

Jiangsu Blue Circle is a key player with a diverse portfolio of magnesium oxide boards for structural and finishing applications. Their products are extensively used in wall systems, floor underlayments, and exterior sheathing due to their moisture and pest resistance.

Innovation and Sustainability Initiatives:

• Integration of recycled materials in board production

• Development of composite MgO boards for specific climatic conditions

---

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

Headquarters: Shandong, China
Key Offering: MgO Wallboards, Ceiling Panels, Partition Boards

Dezhou Asia Pacific Group is a large-scale manufacturer supplying magnesium oxide boards across Asia and beyond. The company operates extensive production facilities and maintains a strong focus on quality control and cost-effectiveness for large-volume projects.

Innovation and Sustainability Initiatives:

• Automated production lines for consistent quality and high output

• Exploration of bio-based additives to enhance eco-credentials

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

---

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

Headquarters: Jiangsu, China
Key Offering: MgO Board Installation Systems, Prefabricated MgO Panels

Jiangsu Shenggang operates uniquely as both a manufacturer and a construction service provider. They offer integrated MgO board solutions, including custom-fabricated panels and professional installation services, streamlining the building process for contractors.

Innovation and Sustainability Initiatives:

• Pioneering dry construction techniques using MgO boards

• Reducing on-site waste through precise prefabrication

---

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

Headquarters: Shanghai, China
Key Offering: Decorative MgO Boards, Veneered MgO Panels, Custom Finishes

Shanghai Xinlong focuses on the aesthetic applications of magnesium oxide boards. They produce a wide range of decorative panels with various finishes, textures, and veneers, making MgO boards a viable option for high-end interior design.

Innovation and Sustainability Initiatives:

• Collaboration with designers to create trend-setting finishes

• Use of non-toxic, water-based coatings and laminates

---

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

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

Jiashan Meilin is dedicated to producing some of the highest fire-rated magnesium oxide boards on the market. Their products are engineered for critical applications in commercial high-rises, industrial facilities, and public buildings where fire safety is paramount.

Innovation and Sustainability Initiatives:

• R&D focused on maximizing fire rating performance (e.g., 2-4 hours)

• Products certified to international fire safety standards (UL, EN)

---

2️⃣ 9. MGO (MagMatrix) International

Headquarters: Nevada, USA
Key Offering: MagMatrix MgO Boards, SIPs (Structural Insulated Panels)

MGO International is a leading Western manufacturer and distributor, bringing magnesium oxide board technology to North American and European markets. Their MagMatrix brand is synonymous with high quality and compliance with strict international building codes.

Innovation and Sustainability Initiatives:

• Development of MgO-based Structural Insulated Panels (SIPs) for energy-efficient building envelopes

• Active participation in creating ASTM standards for MgO boards

---

1️⃣ 10. Global MgO Board Suppliers (Distributors & Traders)

Headquarters: Various Global Locations
Key Offering: Sourcing, Logistics, and Supply Chain Management for MgO Boards

This segment comprises international trading companies and distributors that play a crucial role in the global magnesium board ecosystem. They source products from manufacturers, ensure quality consistency, manage international logistics, and supply MgO boards to construction markets worldwide, particularly in regions without local production.

Market Role and Initiatives:

• Bridging the gap between Asian manufacturers and global customers

• Providing technical support and ensuring product meets destination market standards

• Managing inventory and supply chain resilience

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

---

🌍 Outlook: The Future of Magnesium Board Is Smart and Sustainable

The magnesium board market is experiencing a paradigm shift. While traditional materials still hold significant market share, the construction industry is rapidly adopting MgO boards for their unparalleled combination of safety, durability, and environmental benefits.

📈 Key Trends Shaping the Market:

• Rising Stringency of Fire Safety Codes: Global incidents are pushing governments to mandate non-combustible building materials, directly benefiting MgO board adoption.

• Growth in Prefabricated and Modular Construction: The lightweight and versatile nature of MgO boards makes them ideal for off-site manufacturing, a sector growing at over 6% annually.

• Focus on Healthy Indoor Air Quality: As awareness of VOC emissions grows, the zero-VOC characteristic of quality MgO boards becomes a major selling point.

• Expansion into New Applications: Beyond walls and ceilings, MgO boards are being used for furniture, signage, and specialized industrial linings.

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

The companies listed above are not just manufacturing building materials—they are enabling a safer, greener, and more efficient future for the global construction industry.