Global Magnesium Alloys Market Growth 2023-2029

Global Magnesium Alloys Market Growth 2023-2029

Magnesium alloys are alloys based on magnesium with other elements added.

LPI (LP Information)' newest research report, the “Magnesium Alloys Industry Forecast” looks at past sales and reviews total world Magnesium Alloys sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Alloys sales for 2023 through 2029. With Magnesium Alloys sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Alloys industry.

This Insight Report provides a comprehensive analysis of the global Magnesium Alloys landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnesium Alloys portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Alloys market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnesium Alloys 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 Magnesium Alloys.

The global Magnesium Alloys market size is projected to grow from US$ 1095.1 million in 2022 to US$ 2214.3 million in 2029; it is expected to grow at a CAGR of 2214.3 from 2023 to 2029.

Asia Pacific is expected to be the fastest-growing market for magnesium alloys during the forecast period, with China leading the market in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Alloys market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cast Alloys
Wrought Alloys

Segmentation by application
Automotive & Transportation
Electronic
Aerospace & Defense
Power Tools

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.
Magnesium Elektron
Ka Shui International Holdings
Magontec
U.S. Magnesium
Nanjing Yunhai Special Metals
Meridian Lightweight Technologies
Amacor
Shanghai Regal Magnesium
Shanxi Yinguang Huasheng Magnesium
Shanxi Credit Magnesium

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnesium Alloys market?

What factors are driving Magnesium Alloys market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Magnesium Alloys market opportunities vary by end market size?

How does Magnesium Alloys break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.