The Global Magnesium Fireproof Board Market was valued at USD 1,173 Million in 2024 and is projected to reach USD 1,659 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2025–2032). This robust growth is propelled by stringent global fire safety regulations, a surge in construction activities—especially within emerging economies—and the accelerating adoption of sustainable and non-combustible building materials across residential, commercial, and industrial sectors.

As the construction industry prioritizes safety and sustainability, the focus shifts to the key manufacturers who are driving innovation in material science and fire-resistant solutions. In this blog, we profile the Top 10 Companies in the Magnesium Fireproof Board Industry—a dynamic group of established manufacturers and innovative specialists shaping the future of safe construction globally.

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🔟 1. Mago BP

Headquarters: Guangzhou, China
Key Offering: Standard MGO Boards, Moisture-Resistant Boards, Decorative Fireproof Panels

Mago BP is a leading global manufacturer of magnesium oxide boards, renowned for its extensive product portfolio and large-scale production capabilities. The company serves a worldwide market, supplying boards for interior wall systems, ceiling tiles, and exterior sheathing applications. Their products are known for consistent quality and compliance with international fire safety standards.

Innovation and Sustainability Initiatives:

• Investment in automated production lines for enhanced efficiency and quality control

• Development of eco-friendly formulations with high recycled content

• Strategic expansion into European and North American markets through distribution partnerships

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

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9️⃣ 2. Framecad

Headquarters: Auckland, New Zealand
Key Offering: Magnesium Board Solutions for Cold-Formed Steel Framing Systems

Framecad specializes in integrating magnesium fireproof boards with its proprietary cold-formed steel (CFS) framing technology. This combination offers a complete, lightweight, and highly fire-resistant building system for rapid construction. Their solutions are particularly popular in the commercial and industrial construction sectors for partitions and external walls.

Innovation and Sustainability Initiatives:

• Pioneering the use of magnesium boards in off-site and modular construction

• Software-driven design and fabrication for precision and waste reduction

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8️⃣ 3. Magnastruct

Headquarters: Sydney, Australia
Key Offering: Structural Magnesium Oxide Panels, Fire-Rated Flooring Systems

Magnastruct has carved a niche in the Asia-Pacific region by producing high-strength, structural-grade magnesium oxide boards. Their products are engineered for applications requiring both fire resistance and load-bearing capabilities, such as in mezzanine floors and curtain wall systems for high-rise buildings.

Innovation and Sustainability Initiatives:

• Focus on R&D for enhanced flexural and impact strength

• Certification under rigorous Australian and international building codes

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7️⃣ 4. MGO Board

Headquarters: California, USA
Key Offering: MGO Board® Branded Panels, UL-Classified Assemblies

MGO Board is a prominent North American supplier known for its high-quality, UL-classified magnesium oxide panels. The company has built a strong reputation for technical support and providing tested assembly solutions for walls, ceilings, and soffits, making it a preferred choice for architects and specifiers.

Innovation and Sustainability Initiatives:

• Active pursuit of certifications like UL, ICC-ES, and LEED contribution credits

• Development of specialized boards for high-humidity environments

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

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6️⃣ 5. Yunion

Headquarters: Hebei, China
Key Offering: Cost-Effective MGO Boards, Bulk Supply for Large Projects

Yunion is a major Chinese manufacturer focused on producing affordable magnesium fireproof boards for the mass market. They are a key supplier for large-scale residential and infrastructure projects across Asia and the Middle East, leveraging economies of scale to offer competitive pricing.

Innovation and Sustainability Initiatives:

• Optimization of raw material sourcing to maintain cost leadership

• Expansion of production capacity to meet growing export demand

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5️⃣ 6. Hocreboard

Headquarters: Barcelona, Spain
Key Offering: Hocre® Magnesium Oxide Boards, European-Compliant Solutions

Hocreboard is a leading European specialist in magnesium oxide boards, providing products that meet the stringent requirements of the EU Construction Products Regulation (CPR). They serve the renovation and new-build markets across Europe, with a focus on technical performance and sustainability.

Innovation and Sustainability Initiatives:

• Emphasis on products with Environmental Product Declarations (EPDs)

• Recent acquisitions to strengthen distribution networks in Western Europe

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4️⃣ 7. Trusus

Headquarters: Shandong, China
Key Offering: Trusus Brand Fireproof Boards, Customizable Thickness and Sizes

Trusus has gained recognition for its flexible manufacturing approach, offering customizable magnesium oxide boards tailored to specific project requirements. Their ability to produce non-standard sizes and thicknesses makes them a valuable partner for specialized architectural applications.

Innovation and Sustainability Initiatives:

• Investment in R&D partnerships to develop next-generation fireproof composites

• Implementation of stringent quality control systems for export markets

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3️⃣ 8. Evernice

Headquarters: Seoul, South Korea
Key Offering: High-Density MGO Boards, Acoustic Fireproof Panels

Evernice distinguishes itself in the market with high-density magnesium oxide boards that offer superior acoustic insulation alongside excellent fire resistance. This dual functionality is increasingly sought after in multi-family residential buildings, hotels, and commercial offices.

Innovation and Sustainability Initiatives:

• Development of integrated acoustic-fire rating solutions

• Focus on the premium segment of the South Korean and Southeast Asian markets

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2️⃣ 9. Yulong

Headquarters: Shandong, China
Key Offering: Yulong MGO Sheets, Exterior Cladding Panels

Yulong is a well-established manufacturer with a strong focus on the durability and weather resistance of its magnesium oxide boards. Their products are extensively used in exterior applications, such as siding and soffits, where resistance to moisture and environmental factors is critical.

Innovation and Sustainability Initiatives:

• Enhancement of product formulations for improved weatherability

• Strategic focus on export markets with harsh climatic conditions

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1️⃣ 10. Onekin

Headquarters: Zhejiang, China
Key Offering: Onekin Green Board, Low-VOC Fireproof Panels

Onekin has positioned itself as an innovator in environmentally conscious building materials. Their “Green Board” line emphasizes low volatile organic compound (VOC) emissions and is manufactured using processes designed to minimize environmental impact, appealing to the green building segment.

Innovation and Sustainability Initiatives:

• Pioneering low-carbon manufacturing processes

• Product development aligned with global green building standards like LEED and BREEAM

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

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🏗️ Outlook: The Future of Construction is Fire-Safe and Sustainable

The magnesium fireproof board market is at a pivotal juncture. While traditional materials like gypsum still hold significant market share, the industry is witnessing accelerated investment in advanced fire-resistant solutions, improved manufacturing technologies, and sustainable material innovation.

📈 Key Trends Shaping the Market:

• Rising stringency of building codes mandating non-combustible materials in high-risk buildings

• Integration of magnesium boards with modern construction methods like modular and prefabricated building

• Development of multifunctional boards combining fire resistance with thermal insulation, acoustic damping, and moisture resistance

• Strategic alliances between board manufacturers and construction system providers to offer integrated solutions

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

The companies profiled above are not only supplying essential building materials—they are actively building a safer, more resilient, and sustainable future for the global construction industry.