Global Magnesium and Magnesium Alloy Market Research Report 2022 - Market Size, Current Insights and Development Trends

SKU ID : Maia-22081060 | Publishing Date : 23-Nov-2022 | No. of pages : 110

Magnesium alloy is an alloy composed of other elements based on magnesium. It has high strength, large modulus of elasticity, good heat dissipation, good shock absorption, and is more resistant to impact load than aluminum alloy and has good corrosion resistance to organic matter and alkali.
The Magnesium and Magnesium Alloy market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Magnesium and Magnesium Alloy market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Magnesium and Magnesium Alloy market.

Major Players in the Magnesium and Magnesium Alloy market are:
Magontec
Amacor
Nanjing Yunhai Special Metals Co. Ltd.
KA Shui International Holdings Ltd.
U.S. Magnesium
China Magnesium Corporation Limited
Magnesium Elektron
Meridian Lightweight Technologies
Dead Sea Magnesium
Rima Group
Shanghai Regal Magnesium Limited Company
Spartan Light Metal Products
Shanxi Yinguang Huasheng Magnesium
Posco
Yee Dongguan Science and Technology Co. Ltd.
Smiths Advanced Metals
Taiyuan Tongxiang Magnesium Co. Ltd.
Shanxi Credit Magnesium Co. Ltd.
Shanxi Fugu Tianyu Mineral Industry

On the basis of types, the Magnesium and Magnesium Alloy market is primarily split into:
Cast Alloy
Wrought Alloy

On the basis of applications, the market covers:
Automotive & Transportation
Electronic
Aerospace & Defence
Power Tools
Others

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:


Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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