The global Magnesium Alloy Sheet market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Magnesium Alloy Sheet market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Magnesium Alloy Sheet market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Magnesium Alloy Sheet market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Cast Magnesium Alloy Plate Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Magnesium Alloy Sheet include Poly Metal India, A-1 Alloys, ACI Alloys, ALLITE Inc, NUFIT PIPING SOLUTIONS, Nextgen Steel & Alloys, Bhagyashali Metal, Sysco Piping Solutions Inc and Technolloy Inc, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Magnesium alloy sheet has excellent microstructure and mechanical properties, but there are many factors restricting its development. The most important ones are the low slip system of magnesium and poor plastic deformation ability at room temperature. Only when the temperature rises above 220 ? can magnesium alloy obtain better Good deformation ability. Therefore, multiple heatings are often required during the thermal processing of magnesium alloys. Compared with the production of extrusions and forgings, the rolling of magnesium plates is more difficult, mainly reflected in the fact that the plates are prone to cracks during the rolling process. , The product has anisotropy, small pass reduction, low production efficiency, and low yield.
This report aims to provide a comprehensive presentation of the global market for Magnesium Alloy Sheet, 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 Alloy Sheet. This report contains market size and forecasts of Magnesium Alloy Sheet in global, including the following market information:
Global Magnesium Alloy Sheet Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Magnesium Alloy Sheet Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Magnesium Alloy Sheet companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Magnesium Alloy Sheet 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 Alloy Sheet Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Magnesium Alloy Sheet Market Segment Percentages, by Type, 2023 (%)
- Cast Magnesium Alloy Plate
- Deformed Magnesium Alloy Plate
Global Magnesium Alloy Sheet Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Magnesium Alloy Sheet Market Segment Percentages, by Application, 2023 (%)
- Transportation
- Electromechanical
- National Defense
- Aerospace
- Others
Global Magnesium Alloy Sheet Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Magnesium Alloy Sheet 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 Alloy Sheet revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Magnesium Alloy Sheet revenues share in global market, 2023 (%)
- Key companies Magnesium Alloy Sheet sales in global market, 2019-2024 (Estimated), (Tons)
- Key companies Magnesium Alloy Sheet sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Poly Metal India
- A-1 Alloys
- ACI Alloys
- ALLITE Inc
- NUFIT PIPING SOLUTIONS
- Nextgen Steel & Alloys
- Bhagyashali Metal
- Sysco Piping Solutions Inc
- Technolloy Inc
- Smiths High Performance
- Pitrukrupa Engineering
- Goodfellow
- SHANXI BADA MAGNESIUM CO., LTD
- Nanjing Yunhai Special Metals Co.,Ltd
- Magontec Xian Co., Ltd
- Dongguan Eontec Co.,Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Alloy Sheet, market overview.
Chapter 2: Global Magnesium Alloy Sheet market size in revenue and volume.
Chapter 3: Detailed analysis of Magnesium Alloy Sheet 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 Alloy Sheet 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 Alloy Sheet 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.
