Global Metal Magnesium Market Report 2024

Metal Magnesium Global Market Report 2024 – By Product (Pure Magnesium, Magnesium Compounds, Magnesium Alloys), By Manufacturing Process (Thermal Reduction Process, Electrolyte Process, Recycling), By Application (Die Casting, Aluminum Alloys, Titanium Reduction, Iron And Steel Making, Other Applications), By End-User Industry (Automotive, Aerospace, Electronics, Sports, Medical, Other End User) – Market Size, Trends, And Global Forecast 2024-2033

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Metal Magnesium Market Definition And Segments

The metal magnesium refers to a light structural metal that is used to produce lightweight products including car covers, car seats, cameras, laptops, fuel tank covers, steering wheels, and others. Magnesium is also used to melt iron and steel to remove the sulfur particles and is also used in fireworks, sparklers, flares, and others.

The main product type of metal magnesium is pure magnesium, a magnesium compound and magnesium alloys. Magnesium alloys are alloys made up of magnesium (the lightest structural metal) with other metals, such as aluminum, zinc., manganese, silicon, copper, rare earth and zirconium. The manufacturing process for metal magnesium include the thermal reduction process, electrolyte process and recycling and are used for applications such as die casting, aluminum alloys, titanium reduction, iron and steel making and other applications. The end users of metal magnesium are automotive, aerospace, electronics, sports, medical and other end-user.

The metal magnesium market covered in this report is segmented –

1) By Product: Pure Magnesium, Magnesium Compounds, Magnesium Alloys

2) By Manufacturing Process: Thermal Reduction Process, Electrolyte Process, Recycling

3) By Application: Die Casting, Aluminum Alloys, Titanium Reduction, Iron And Steel Making, Other Applications

4) By End-User Industry: Automotive, Aerospace, Electronics, Sports, Medical, Other End User

The metal magnesium market size has grown strongly in recent years. It will grow from $4.43 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growing demand in the automotive industry for lightweight materials, expansion of the aerospace industry, adoption of magnesium alloys in electronics and consumer goods, increasing use of magnesium in medical implants and healthcare applications, initiatives by governments to encourage the use of magnesium metal.

The metal magnesium market size is expected to see strong growth in the next few years. It will grow to $6.13 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rise in demand for magnesium in battery technologies, growth in the renewable energy sector, expansion of magnesium applications in 3d printing and additive manufacturing, increasing awareness and adoption of magnesium in the construction industry, research and development in magnesium-based materials for improved properties. Major trends in the forecast period include development of high-strength and corrosion-resistant, integration of magnesium in the development of lightweight structural components, exploration of magnesium as a potential material for hydrogen storage, emphasis on sustainable and eco-friendly magnesium production, collaboration between industries for cross-application of magnesium.

Automotive Lightweighting Drives Growth In The Metal Magnesium Market

The increased focus on automotive light-weighting is driving the growth of the metal magnesium market. The focus on lightweight automotive vehicles is increasing due to various reasons such as enhancing significant fuel efficiency, offering a smart look and appearance, and emission standards. The increased focus on automotive light-weighting will create a significant demand for metal magnesium due to its lightweight property. Magnesium helps to produce lightweight products and is increasingly used in automotive applications. Magnesium is employed in door frames, steering wheel armatures, panel cross-car beams, seat frames, fuel tank covers, and other components making them lighter to include in automotive vehicles. For instance, according to the Department of Energy of the USA, a 10% reduction in vehicle weight can result in a 6% to 8% improvement in fuel economy. Replacing cast iron and traditional steel components in vehicles with lightweight materials such as magnesium (Mg) alloys, high-strength steel, aluminum (Al) alloys, carbon fiber, and polymer composites can reduce the weight of a vehicle's body and chassis by up to 50%, lowering fuel consumption. By 2030, the use of lightweight components and high-efficiency engines enabled by advanced materials in 25% of the US fleet could save over 5 billion gallons of fuel. Therefore, the increasing automotive light-weighting will drive the growth of the market for metal magnesium.

Rising Demand For Electronic Devices Drives Growth In The Metal Magnesium Market

The surge in demand for electronic devices and appliances is driving the growth of the metal magnesium market. Electronic devices are machines that use electrical circuits to perform specific functions, such as computers, smartphones, and televisions. Metal magnesium is used in consumer electronics primarily for the manufacturing of electronic devices, such as laptops, cameras, and smartphones, to reduce weight while maintaining durability and structural integrity. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million (¥771,457 million). In addition, consumer electronics production reached $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022.Therefore, the surge in demand for electronic devices and appliances is expected to generate higher revenues for the metal magnesium market.

Major companies operating in the metal magnesium market report are Alliance Magnesium Inc., Wenxi YinGuang Magnesium Industry Co. Ltd., Nippon Kinzoku Co. Ltd., POSCO India Pvt. Ltd., Taiyuan Tongxiang Magnesium Co. Ltd., US Magnesium LLC, Dead Sea Magnesium Ltd., Nanjing Yunhai Special Metals Co. Ltd., Solikamsk Magnesium Works OAO, IMA Industrial S/A, Regal Metal Products Co., Shanxi Bada Magnesium Co. Ltd., Southern Magnesium & Chemicals Limited, Western Magnesium Corporation, Fu Gu Yi De Magnesium Alloy Co. Ltd., American Magnesium LLC, Magnesium Alloy Products Co. Inc., Shanxi Shuifa Zhenxin Magnesium Industry Co. Ltd., Metallic Corporation of India, Jayesh Industries Ltd., Magontec Ltd., Titanium Corp., Esan Eczacibasi Holding A. S., Shanghai Sunglow Investment (Group) Co. Ltd., VSMPO-Avisma Corp., Latrobe Magnesium Ltd., Baoji Yuhang Nonferrous Metal Co. Ltd., Nantong Changhai Magnesium Alloy Co. Ltd., Qinghai West Magnesium Mining Co. Ltd., China Magnesium Corporation

Strategic Partnerships Drive Innovation In The Metal Magnesium Market

The strategic partnership is a key trend gaining popularity in the metal magnesium market. Many companies operating in the metal magnesium market and researchers/academies are undergoing partnerships for the research and development of metal magnesium. These partnerships bring synergies between the partners and result in new metal magnesium with multiple benefits. These partnerships enable metal magnesium players to innovate and strengthen their market position. For instance, in January 2023, Alliance Magnesium Inc., a Canada-based manufacturer of magnesium products and critical minerals, partnered with Triple M Metal, a Canada-based metal recycling company, to support magnesium metal recycling at Alliance’s Danville foundry. The strategic partnership will make use of Triple M's global networks and capabilities to increase sourcing for Alliance's existing recycling operations while also extending Triple M's product offering and services to its clients. The Strategic Partnership advances the Alliance's objective of being a major local supplier of vital minerals to the North American market while also fostering the circular economy.

Innovative Products Revolutionizing Precision, Efficiency, And Sustainability In The Metal Magnesium Market

Major companies in the metal magnesium market emphasize product innovation, exemplified by the introduction of magnesium alloy injection molding equipment, to improve their competitiveness and meet diverse industry demands. Magnesium alloy injection molding equipment refers to machinery designed for shaping molten magnesium alloys into desired forms by injecting them into molds, commonly used in manufacturing and engineering applications. For instance, in July 2022, Ningbo Haitian Die Casting Equipment Co. Ltd., a China-based provider of equipment, launched the magnesium alloy injection molding equipment. It has improved precision, superior mechanical properties, a longer mold service life, and safer, more energy-efficient, and environmentally friendly manufacturing processes.

Nanjing Yunhai Special Metals Expands Market Presence With Acquisition Of Tianjin Liuhe Magnesium Products

In January 2021, Nanjing Yunhai Special Metals Co. Ltd., a China-based mining and metal company, acquired Tianjin Liuhe Magnesium Products Co. Ltd. for an undisclosed amount. Through this acquisition, Nanjing Yunhai Special Metals Co. Ltd. will add a new production base for automotive lightweight parts in the northern region, and the product supply capacity will effectively increase market share and enhance the company's market competitiveness. Tianjin Liuhe Magnesium Products Co. Ltd. is a China-based company that provides magnesium alloy steering wheels, automobile safety systems, hydraulic machinery, and other die-casting products.

Asia-Pacific was the largest region in the metal magnesium market in 2023. The regions covered in the metal magnesium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the metal magnesium market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The metal magnesium market consists of sales of magnesium carbonate, magnesium chloride, and magnesium citrate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The metal magnesium market research report is one of a series of new reports from The Business Research Company that provides metal magnesium market statistics, including metal magnesium industry global market size, regional shares, competitors with a metal magnesium market share, detailed metal magnesium market segments, market trends and opportunities, and any further data you may need to thrive in the metal magnesium industry. This metal magnesium market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Metal Magnesium Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $4.73 billion
Revenue Forecast In 2033 $6.13 billion
Growth Rate CAGR of 6.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Pure Magnesium, Magnesium Compounds, Magnesium Alloys
2) By Manufacturing Process: Thermal Reduction Process, Electrolyte Process, Recycling
3) By Application: Die Casting, Aluminum Alloys, Titanium Reduction, Iron And Steel Making, Other Applications
4) By End-User Industry: Automotive, Aerospace, Electronics, Sports, Medical, Other End User
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Alliance Magnesium Inc.; Wenxi YinGuang Magnesium Industry Co. Ltd.; Nippon Kinzoku Co. Ltd.; POSCO India Pvt. Ltd.; Taiyuan Tongxiang Magnesium Co. Ltd.; US Magnesium LLC; Dead Sea Magnesium Ltd.; Nanjing Yunhai Special Metals Co. Ltd.; Solikamsk Magnesium Works OAO; IMA Industrial S/A; Regal Metal Products Co.; Shanxi Bada Magnesium Co. Ltd.; Southern Magnesium & Chemicals Limited; Western Magnesium Corporation; Fu Gu Yi De Magnesium Alloy Co. Ltd.; American Magnesium LLC; Magnesium Alloy Products Co. Inc.; Shanxi Shuifa Zhenxin Magnesium Industry Co. Ltd.; Metallic Corporation of India; Jayesh Industries Ltd.; Magontec Ltd.; Titanium Corp.; Esan Eczacibasi Holding A. S.; Shanghai Sunglow Investment (Group) Co. Ltd.; VSMPO-Avisma Corp.; Latrobe Magnesium Ltd.; Baoji Yuhang Nonferrous Metal Co. Ltd.; Nantong Changhai Magnesium Alloy Co. Ltd.; Qinghai West Magnesium Mining Co. Ltd.; China Magnesium Corporation
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    Table Of Contents

    1. Executive Summary

    2. Metal Magnesium Market Characteristics

    3. Metal Magnesium Market Trends And Strategies

    4. Metal Magnesium Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Metal Magnesium Market Size and Growth

    5.1. Global Metal Magnesium Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Metal Magnesium Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Metal Magnesium Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Metal Magnesium Market Segmentation

    6.1. Global Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pure Magnesium

    Magnesium Compounds

    Magnesium Alloys

    6.2. Global Metal Magnesium Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Thermal Reduction Process

    Electrolyte Process

    Recycling

    6.3. Global Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Die Casting

    Aluminum Alloys

    Titanium Reduction

    Iron And Steel Making

    Other Applications

    6.4. Global Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive

    Aerospace

    Electronics

    Sports

    Medical

    Other End User

    7. Metal Magnesium Market Regional And Country Analysis

    7.1. Global Metal Magnesium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Metal Magnesium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Metal Magnesium Market

    8.1. Asia-Pacific Metal Magnesium Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Metal Magnesium Market

    9.1. China Metal Magnesium Market Overview

    9.2. China Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Metal Magnesium Market

    10.1. India Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Metal Magnesium Market

    11.1. Japan Metal Magnesium Market Overview

    11.2. Japan Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Metal Magnesium Market

    12.1. Australia Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Metal Magnesium Market

    13.1. Indonesia Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Metal Magnesium Market

    14.1. South Korea Metal Magnesium Market Overview

    14.2. South Korea Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Metal Magnesium Market

    15.1. Western Europe Metal Magnesium Market Overview

    15.2. Western Europe Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Metal Magnesium Market

    16.1. UK Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Metal Magnesium Market

    17.1. Germany Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Metal Magnesium Market

    18.5. France Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Metal Magnesium Market

    19.9. Italy Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Metal Magnesium Market

    20.13. Spain Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Metal Magnesium Market

    21.1. Eastern Europe Metal Magnesium Market Overview

    21.2. Eastern Europe Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Metal Magnesium Market

    22.1. Russia Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Metal Magnesium Market

    23.1. North America Metal Magnesium Market Overview

    23.2. North America Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Metal Magnesium Market

    24.1. USA Metal Magnesium Market Overview

    24.2. USA Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Metal Magnesium Market

    25.1. Canada Metal Magnesium Market Overview

    25.2. Canada Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Metal Magnesium Market

    26.1. South America Metal Magnesium Market Overview

    26.2. South America Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Metal Magnesium Market

    27.1. Brazil Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Metal Magnesium Market

    28.1. Middle East Metal Magnesium Market Overview

    28.2. Middle East Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Metal Magnesium Market

    29.1. Africa Metal Magnesium Market Overview

    29.2. Africa Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Metal Magnesium Market Competitive Landscape And Company Profiles

    30.1. Metal Magnesium Market Competitive Landscape

    30.2. Metal Magnesium Market Company Profiles

    30.2.1. Alliance Magnesium Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Wenxi YinGuang Magnesium Industry Co. Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Nippon Kinzoku Co. Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. POSCO India Pvt. Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Taiyuan Tongxiang Magnesium Co. Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Metal Magnesium Market Competitive Benchmarking

    32. Global Metal Magnesium Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Metal Magnesium Market

    34. Metal Magnesium Market Future Outlook and Potential Analysis

    34.1 Metal Magnesium Market In 2028 - Countries Offering Most New Opportunities

    34.2 Metal Magnesium Market In 2028 - Segments Offering Most New Opportunities

    34.3 Metal Magnesium Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Metal Magnesium Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Metal Magnesium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Metal Magnesium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Alliance Magnesium Inc. Financial Performance
  • Table 76: Wenxi YinGuang Magnesium Industry  Co. Ltd. Financial Performance
  • Table 77: Nippon Kinzoku Co. Ltd. Financial Performance
  • Table 78: POSCO India Pvt. Ltd. Financial Performance
  • Table 79: Taiyuan Tongxiang Magnesium Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Metal Magnesium Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Metal Magnesium Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Metal Magnesium Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Metal Magnesium Market, Segmentation By End-User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Alliance Magnesium Inc. Financial Performance
  • Figure 76: Wenxi YinGuang Magnesium Industry  Co. Ltd. Financial Performance
  • Figure 77: Nippon Kinzoku Co. Ltd. Financial Performance
  • Figure 78: POSCO India Pvt. Ltd. Financial Performance
  • Figure 79: Taiyuan Tongxiang Magnesium Co. Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the metal magnesium market?

The metal magnesium refers to a light structural metal that is used to produce lightweight products including car covers, car seats, cameras, laptops, fuel tank covers, steering wheels, and others. Magnesium is also used to melt iron and steel to remove the sulfur particles and is also used in fireworks, sparklers, flares, and others. For further insights on the micro mobile data center market, request a sample here

How will the metal magnesium market drivers and restraints affect the metal magnesium market dynamics? What forces will shape the metal magnesium industry going forward?

The metal magnesium market major growth driver - automotive lightweighting drives growth in the metal magnesium market. For further insights on the micro mobile data center market, request a sample here

What is the forecast market size or the forecast market value of the metal magnesium market ?

The metal magnesium market size has grown strongly in recent years. It will grow from $4.43 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growing demand in the automotive industry for lightweight materials, expansion of the aerospace industry, adoption of magnesium alloys in electronics and consumer goods, increasing use of magnesium in medical implants and healthcare applications, initiatives by governments to encourage the use of magnesium metal . The metal magnesium market size is expected to see strong growth in the next few years. It will grow to $6.13 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rise in demand for magnesium in battery technologies, growth in the renewable energy sector, expansion of magnesium applications in 3d printing and additive manufacturing, increasing awareness and adoption of magnesium in the construction industry, research and development in magnesium-based materials for improved properties.. Major trends in the forecast period include development of high-strength and corrosion-resistant, integration of magnesium in the development of lightweight structural components, exploration of magnesium as a potential material for hydrogen storage, emphasis on sustainable and eco-friendly magnesium production, collaboration between industries for cross-application of magnesium. For further insights on the micro mobile data center market, request a sample here

How is the metal magnesium market segmented?

The metal magnesium market is segmentedThe metal magnesium market covered in this report is segmented –
1) By Product: Pure Magnesium, Magnesium Compounds, Magnesium Alloys
2) By Manufacturing Process: Thermal Reduction Process, Electrolyte Process, Recycling
3) By Application: Die Casting, Aluminum Alloys, Titanium Reduction, Iron And Steel Making, Other Applications
4) By End-User Industry: Automotive, Aerospace, Electronics, Sports, Medical, Other End User For further insights on the micro mobile data center market, request a sample here

Which region has the largest share of the metal magnesium market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the metal magnesium market in 2023. The regions covered in the metal magnesium market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the micro mobile data center market, request a sample here.

Who are the major players in the metal magnesium market?

Major companies operating in the metal magnesium market report are Alliance Magnesium Inc., Wenxi YinGuang Magnesium Industry Co. Ltd., Nippon Kinzoku Co. Ltd., POSCO India Pvt. Ltd., Taiyuan Tongxiang Magnesium Co. Ltd., US Magnesium LLC, Dead Sea Magnesium Ltd., Nanjing Yunhai Special Metals Co. Ltd., Solikamsk Magnesium Works OAO, IMA Industrial S/A, Regal Metal Products Co., Shanxi Bada Magnesium Co. Ltd., Southern Magnesium & Chemicals Limited, Western Magnesium Corporation, Fu Gu Yi De Magnesium Alloy Co. Ltd., American Magnesium LLC, Magnesium Alloy Products Co. Inc., Shanxi Shuifa Zhenxin Magnesium Industry Co. Ltd., Metallic Corporation of India, Jayesh Industries Ltd., Magontec Ltd., Titanium Corp., Esan Eczacibasi Holding A. S., Shanghai Sunglow Investment (Group) Co. Ltd., VSMPO-Avisma Corp., Latrobe Magnesium Ltd., Baoji Yuhang Nonferrous Metal Co. Ltd., Nantong Changhai Magnesium Alloy Co. Ltd., Qinghai West Magnesium Mining Co. Ltd., China Magnesium Corporation For further insights on the micro mobile data center market, request a sample here.

What are the key trends in the metal magnesium market?

Major trend in the metal magnesium market - strategic partnerships drive innovation in the metal magnesium market. For further insights on the micro mobile data center market, request a sample here.

What are the major opportunities in the metal magnesium market? What are the strategies for the metal magnesium market?

For detailed insights on the major opportunities and strategies in the metal magnesium market, request a sample here.

How does the metal magnesium market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the metal magnesium industry?

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What are the key dynamics influencing the metal magnesium market growth? SWOT analysis of the metal magnesium market.

For detailed insights on the key dynamics influencing the metal magnesium market growth and SWOT analysis of the metal magnesium industry, request a sample here.