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Market Analysis and Insights: Global Aerospace Magnesium Alloys Market
The global Aerospace Magnesium Alloys market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Aerospace Magnesium Alloys market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Aerospace Magnesium Alloys market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Aerospace Magnesium Alloys market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Aerospace Magnesium Alloys market.
Global Aerospace Magnesium Alloys Scope and Market Size
Due to the COVID-19 pandemic, the global Aerospace Magnesium Alloys market size is estimated to be worth US$ 180.85 million in 2022 and is forecast to a readjusted size of US$ 277.1 million by 2028 with a CAGR of 7.37% during the forecast period 2022-2028.
Fully considering the economic change by this health crisis, Casting Alloys accounting for 44.91% of the Aerospace Magnesium Alloys global market in 2021, is projected to value US$ 115.8 million by 2028, growing at a revised 6.3% CAGR from 2022 to 2028. While Commercial segment is altered to an 8.39% CAGR throughout this forecast period.
North America Aerospace Magnesium Alloys market size was US$ 86.06 million in 2021, while Europe was US$ 59.82 million. The proportion of the North America was 43.78% in 2021, while Europe's percentage was 30.43%, and it is predicted that Europe market share will reach 30.14% in 2028, trailing a CAGR of 7.13% through the analysis period. As for the Asia, the notable markets are China CAGR is 7.39% for the next 6-year period.
The global major manufacturers of Aerospace Magnesium Alloys include Luxfer MEL Technologies, Magontec, Shanxi Yinguang, Huasheng Magnesium, Shanxi Bada Magnesium, Smiths Metal, Regal Magnesium, Allite, Inc., Shanxi Fugu Tianyu Mineral, Alloys International, Huashun Magnesium Industry and Tech Steel & Materials, etc. In terms of revenue, the global three largest players hold a 60% market share of Aerospace Magnesium Alloys in 2021.
Aerospace Magnesium Alloys market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Aerospace Magnesium Alloys market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
By Company
Production by Region
Consumption by Region
The information for each competitor/Company Profile includes:
The content of the study subjects includes a total of 15 chapters:
Chapter 1, describes Aerospace Magnesium Alloys product scope, market overview, market opportunities, market driving force, and market risks.
Chapter 2, profiles the top manufacturers of Aerospace Magnesium Alloys, with price, sales, revenue, and global market share of Aerospace Magnesium Alloys from 2019 to 2022.
Chapter 3, the Aerospace Magnesium Alloys competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aerospace Magnesium Alloys breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2017 to 2028.
Chapters 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2017 to 2028.
Chapters 7, 8, 9, 10, and 11, to break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2017 to 2022. and the Aerospace Magnesium Alloys market forecast, by regions, type, and application, with sales and revenue, from 2023 to 2028.
Chapter 12, the key raw materials and key suppliers, and industry chain of Aerospace Magnesium Alloys.
Chapter 13, 14, and 15, to describe Aerospace Magnesium Alloys sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Key Indicators Analysed:
Reasons to Purchase this Report:
Research Methodology:
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Aerospace Magnesium Alloys Market Insights and Forecast to 2028 |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2021 |
| Forecast Year | 2029 |
| Number of Pages | 110 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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