Report overview
Magnesium alloys are alloys based on magnesium with other elements added.
This report aims to provide a comprehensive presentation of the global market for 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 Magnesium Alloys. This report contains market size and forecasts of Magnesium Alloys in global, including the following market information:
Global Magnesium Alloys Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Magnesium Alloys Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Magnesium Alloys companies in 2023 (%)
The global Magnesium Alloys market was valued at US$ 1151.9 million in 2023 and is projected to reach US$ 2210.8 million by 2029, at a CAGR of 9.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific is expected to be the fastest-growing market for magnesium alloys during the forecast period, with China leading the market in 2017.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the 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 Magnesium Alloys Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Alloys Market Segment Percentages, by Type, 2023 (%)
Cast Alloys
Wrought Alloys
Global Magnesium Alloys Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Alloys Market Segment Percentages, by Application, 2023 (%)
Automotive & Transportation
Electronic
Aerospace & Defense
Power Tools
Global Magnesium Alloys Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Magnesium Alloys Market Segment Percentages, By Region and Country, 2023 (%)
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 Magnesium Alloys revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Magnesium Alloys revenues share in global market, 2023 (%)
Key companies Magnesium Alloys sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Magnesium Alloys sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Magnesium Elektron
Ka Shui International Holdings
Magontec
U.S. Magnesium
Nanjing Yunhai Special Metals
Meridian Lightweight Technologies
Amacor
Shanghai Regal Magnesium
Shanxi Yinguang Huasheng Magnesium
Shanxi Credit Magnesium
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Alloys, market overview.
Chapter 2: Global Magnesium Alloys market size in revenue and volume.
Chapter 3: Detailed analysis of 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 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 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.
