Global Aluminum Magnesium Alloy Forging Market Growth (Status and Outlook) 2024-2030
Aluminum Magnesium Alloy Forging refers to the process of plastically deforming an alloy composed of aluminum and magnesium under high temperature and pressure to form a desired shape and structure. Aluminum-magnesium alloys are widely used in aerospace, automotive, and electronics industries due to their high strength, lightweight, and excellent corrosion resistance. The forging process improves the internal structure of the material, enhancing its mechanical properties and durability.
The global Aluminum Magnesium Alloy Forging market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Aluminum Magnesium Alloy Forging Industry Forecast” looks at past sales and reviews total world Aluminum Magnesium Alloy Forging sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminum Magnesium Alloy Forging sales for 2023 through 2029. With Aluminum Magnesium Alloy Forging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Magnesium Alloy Forging industry.
This Insight Report provides a comprehensive analysis of the global Aluminum Magnesium Alloy Forging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Aluminum Magnesium Alloy Forging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aluminum Magnesium Alloy Forging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum Magnesium Alloy Forging and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminum Magnesium Alloy Forging.
United States market for Aluminum Magnesium Alloy Forging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Aluminum Magnesium Alloy Forging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Aluminum Magnesium Alloy Forging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Aluminum Magnesium Alloy Forging players cover Deeco Metals, Continental Forge Compan, BRAWO USA, Accurate Steel Forgings, Consolidated Industries, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Magnesium Alloy Forging market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cold Forgings
Warm Forgings
Hot Forgings
Segmentation by Application:
Automotive
Aerospace
Military
Electronics
Machinery Manufacturing
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Cold Forgings
Warm Forgings
Hot Forgings
Segmentation by Application:
Automotive
Aerospace
Military
Electronics
Machinery Manufacturing
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Deeco Metals
Continental Forge Compan
BRAWO USA
Accurate Steel Forgings
Consolidated Industries
E&I
Dynacast International
All Metals & Forge Group
Aluminum Precision Products
DEING Technologie
Alcoa
IOCHPE-MAXION
Citic Dicastal
Zhejiang Wanfeng Auto Wheel
ZheJiang HongXin Technology
Erzhong (Deyang) Heavy Equipment
Southwest Aluminium (GROUP)
Guizhou Anda Aviation Forging
Wuhu Sanlian Forging
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