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 (2024–2032). This robust growth is fueled by escalating global construction activities, increasingly stringent fire safety regulations, and the widespread adoption of sustainable, non-combustible building materials in both commercial and residential sectors.

As the construction industry worldwide prioritizes safety and sustainability, the focus intensifies on the leading manufacturers who are driving material innovation and setting new benchmarks for fire protection. In this detailed analysis, we profile the Top 10 Companies in the Magnesium Fireproof Board Industry—a dynamic mix of established material science leaders and innovative specialists shaping the future of fire-safe construction.

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

---

🔟 1. Mago BP

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

Mago BP stands as a global leader in magnesium oxide board manufacturing, renowned for its extensive product portfolio and large-scale production capacity. The company supplies high-performance fireproof boards for a diverse range of applications, from interior wall systems to exterior soffits. Their consistent product quality and competitive pricing have secured them a significant market share, particularly in the Asia-Pacific region.

Innovation and Sustainability Initiatives:

• Investment in automated production lines to enhance manufacturing efficiency and consistency.

• Development of eco-friendly boards with high recycled content, aligning with green building standards.

• Strategic expansion of distribution networks into emerging markets across Southeast Asia and the Middle East.

---

9️⃣ 2. Framecad

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

Framecad has carved a unique niche by integrating magnesium fireproof boards directly into its advanced building system solutions. The company specializes in providing complete wall and floor systems that combine lightweight steel frames with high-performance MGO sheathing, offering exceptional speed of construction and certified fire ratings.

Innovation and Sustainability Initiatives:

• Pioneering digital design-to-fabrication software that optimizes material usage and minimizes waste.

• Focus on creating airtight, energy-efficient building envelopes that contribute to overall sustainability goals.

---

8️⃣ 3. Magnastruct

Headquarters: Victoria, Australia
Key Offering: Structural MGO Panels, Fire-Rated Flooring Systems, External Cladding

Magnastruct is a key player in the Australasian market, recognized for its high-strength, structural-grade magnesium boards. The company’s products are extensively used in commercial high-rises, educational facilities, and healthcare buildings where stringent fire codes and durability are paramount.

Innovation and Sustainability Initiatives:

• Specialization in large-format panels that reduce installation time and labor costs on major projects.

• Active participation in developing Australian standards for non-combustible building materials.

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

---

7️⃣ 4. MGO Board

Headquarters: California, USA
Key Offering: MGO Board USA, Ultra-Light MGO, Waterproof MGO

MGO Board is a prominent North American manufacturer focusing on supplying the US and Canadian markets with premium-grade magnesium oxide boards. The company has built a strong reputation for product reliability and technical support, catering to contractors and architects seeking ASTM-compliant fireproof solutions.

Innovation and Sustainability Initiatives:

• Introduction of ultra-lightweight variants that maintain fire ratings while being easier to handle and install.

• Development of specialized boards for high-moisture areas like bathrooms and commercial kitchens.

---

6️⃣ 5. Yunion

Headquarters: Shandong, China
Key Offering: Economical MGO Boards, Custom-Sized Panels, Perforated Acoustic MGO

Yunion is a major Chinese manufacturer known for its cost-effective magnesium fireproof board solutions without compromising on core fire resistance properties. The company serves both domestic and international markets, offering a balance of performance and affordability that is highly attractive in price-sensitive segments.

Innovation and Sustainability Initiatives:

• Expansion into value-added products like perforated acoustic panels that combine fire safety with sound absorption.

• Implementation of rigorous quality control processes to meet diverse international certification requirements.

---

5️⃣ 6. Hocreboard

Headquarters: Valencia, Spain
Key Offering: Hocre MGO, Fiber-Cement Composite Boards, Exterior Ventilated Facade Systems

Hocreboard brings European engineering excellence to the magnesium board market, with a strong focus on technical performance and aesthetic integration. The company’s products are widely specified for projects requiring both fire safety and architectural finesse, particularly in the facade and interior fit-out sectors.

Innovation and Sustainability Initiatives:

• Investment in R&D for composite materials that enhance the mechanical properties of standard MGO boards.

• Commitment to circular economy principles, with take-back programs for construction waste.

---

4️⃣ 7. Trusus

Headquarters: Hebei, China
Key Offering: Trusus MGO Board, Fireproof Ceiling Tiles, Partition Wall Systems

Trusus has established itself as a reliable supplier of magnesium oxide boards for institutional and commercial applications. The company’s strength lies in providing complete system solutions, including ancillary products and installation guidance, which adds significant value for its customers.

Innovation and Sustainability Initiatives:

• Development of specialized boards for retrofit applications, addressing the growing market for building upgrades.

• Partnerships with research institutions to explore new formulations for enhanced fire performance.

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

---

3️⃣ 8. Huacheng

Headquarters: Jiangsu, China
Key Offering: Huacheng MGO, Impact-Resistant Boards, Flexible MGO Sheets

Huacheng specializes in producing magnesium fireproof boards with enhanced physical properties, such as improved impact resistance and flexibility. This allows their products to be used in more demanding applications where standard boards might be susceptible to damage, thereby expanding the potential use cases for MGO materials.

Innovation and Sustainability Initiatives:

• Focus on developing products for industrial and infrastructure applications, including tunnel linings and utility enclosures.

• Adoption of energy-efficient curing processes that reduce the carbon footprint of manufacturing.

---

2️⃣ 9. Evernice

Headquarters: Seoul, South Korea
Key Offering: Evernice MGO, High-Density Boards, Prefabricated Panel Systems

Evernice is a leading supplier in the South Korean market, with a growing presence across Asia. The company is known for its high-density magnesium boards that offer superior screw-holding capacity and durability, making them ideal for applications requiring robust mechanical performance alongside fire resistance.

Innovation and Sustainability Initiatives:

• Integration of digital watermarking technology for product authentication and supply chain traceability.

• Development of pre-finished boards that reduce on-site painting and finishing time.

---

1️⃣ 10. Yulong

Headquarters: Shandong, China
Key Offering: Yulong MGO, Fiberglass Mesh Reinforced Boards, Custom Thickness Panels

Yulong completes the top ten with its focus on producing reinforced magnesium oxide boards that offer exceptional dimensional stability. The company’s use of fiberglass mesh and specialized additives results in products that resist cracking and warping, ensuring long-term performance in variable climatic conditions.

Innovation and Sustainability Initiatives:

• Specialization in custom-sized and thickness panels to meet specific project requirements, reducing waste.

• Exploration of bio-based binders to further enhance the environmental profile of their products.

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

---

🌍 Outlook: The Future of Fireproof Construction is Smarter and More Sustainable

The magnesium fireproof board market is undergoing a significant transformation. While traditional gypsum and cement boards still hold substantial market share, the industry is rapidly embracing magnesium oxide-based solutions for their superior fire performance, environmental benefits, and versatility. The leading companies are investing heavily in product innovation, manufacturing efficiency, and sustainable practices to capture growth in both developed and emerging markets.

📈 Key Trends Shaping the Market:

• Rising adoption of prefabricated construction methods, increasing demand for ready-to-install fireproof panels.

• Regulatory push for non-combustible materials in high-rise residential and commercial buildings globally.

• Integration of smart technologies, such as embedded sensors for real-time structural health monitoring.

• Growing emphasis on circular economy principles, driving development of recyclable and low-carbon board products.

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’re actively redefining safety standards for the global construction industry, making buildings safer, more durable, and more sustainable for future generations.