Magnesium is the third most widely used structural material, after iron and aluminum. The main uses of magnesium are: making aluminum alloy, die-casting, desulfurization in steel production, and making titanium by Kroll method. Metal magnesium can be used to melt salt metal thermal reduction method to make rare metals.

The global Metal Magnesium market was valued at US$ 4304.8 million in 2023 and is anticipated to reach US$ 7472.1 million by 2030, witnessing a CAGR of 8.1% during the forecast period 2024-2030.

The Asia Pacific region is the largest market for magnesium metal and is expected to grow substantially during the forecast period, mainly because China is the largest producer and consumer of magnesium and its alloys.

This report aims to provide a comprehensive presentation of the global market for Metal Magnesium, 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 Metal Magnesium.

Report Scope

The Metal Magnesium market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Metal Magnesium market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Metal Magnesium manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


US Magnesium

International Magnesium

China Magnesium

Tongxiang Magnesium

Yinguang Magnesium

Huiye Magnesium

Taiyuan Yiwei Magnesium

Shanxi Bada Magnesium

Yulin Wanyuan Magnesium

Nanjing Yunhai

Shanxi Jinxing

Shanxi Credit

Shenmu Dongfeng Magnesium

Shengxin Magnesium

Jinchuan Magnesium


Segment by Type


Content of metal magnesium: Above 95%

Content of metal magnesium: Below 95%


Segment by Application


Aerospace

Automotive

Electronics

Packaging

Printing

Other


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Metal Magnesium manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Metal Magnesium by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Metal Magnesium 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, and production of each country in the world.

Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

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: The main points and conclusions of the report.