Aluminum is the main element of aluminum-magnesium alloy, and then added a small amount of magnesium or other metal materials to strengthen its hardness. The alloys of this system (Mg < 10%) refer to the of non-thermally hardened. The hardening is achieved by means of cold plastical deformation. The properties of these alloys are achieved by Mg content increase in the supersaturated solid solution. Main representatives of this series of alloys are: 5052, 5182, 5754, 5083.
This report aims to provide a comprehensive presentation of the global market for Aluminum-Magnesium Alloys, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum-Magnesium Alloys. This report contains market size and forecasts of Aluminum-Magnesium Alloys in global, including the following market information:
Global Aluminum-Magnesium Alloys Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Aluminum-Magnesium Alloys Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Aluminum-Magnesium Alloys companies in 2022 (%)
The global Aluminum-Magnesium Alloys market was valued at US$ 10040 million in 2022 and is projected to reach US$ 13490 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Aluminum-Magnesium Alloys key players include Alcoa, Chalco, Yinhai Aluminum, Yunnan Aluminum, China Hongqiao, etc. Global top five manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both with a share about 20 percent. In terms of product, Rod is the largest segment, with a share about 60%. And in terms of application, the largest application is Automobile Industry, followed by Machinery and Equipment, Electronics Industry, Rail Transit, etc.
We surveyed the Aluminum-Magnesium Alloys manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum-Magnesium Alloys Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Market Segment Percentages, by Type, 2022 (%)
Global Aluminum-Magnesium Alloys Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Market Segment Percentages, by Application, 2022 (%)
- Automobile Industry
- Electronics Industry
- Rail Transit
- Machinery and Equipment
- Others
Global Aluminum-Magnesium Alloys Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Aluminum-Magnesium Alloys revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Aluminum-Magnesium Alloys revenues share in global market, 2022 (%)
- Key companies Aluminum-Magnesium Alloys sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Aluminum-Magnesium Alloys sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Alcoa
- Chalco
- Yinhai Aluminum
- Yunnan Aluminum
- China Hongqiao
- Rusal
- Rio Tinto
- Nanshan Light Alloy
- Ahresty
- Wanji
- Handtmann
- Kumz
- MCI
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Aluminum-Magnesium Alloys, market overview.
- Chapter 2: Global Aluminum-Magnesium Alloys market size in revenue and volume.
- Chapter 3: Detailed analysis of Aluminum-Magnesium Alloys manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Aluminum-Magnesium Alloys in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Aluminum-Magnesium Alloys capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
