Magnesium Alloys Market Forecasts to 2028 – Global Analysis By Alloy Type (Wrought Alloys , Cast Alloys), Product (Sheet, Ingot, Bar), End User (Automotive & Transportation, Electronics, Aerospace & Defense) and By Geography
According to Stratistics MRC, the Global Magnesium Alloys Market is accounted for $1.87 billion in 2021 and is expected to reach $4.89 billion by 2028 growing at a CAGR of 14.7% during the forecast period. Magnesium alloys are made of magnesium, mixed with other metal elements to improve the physical properties. These elements include manganese, aluminium, zinc, silicon, copper, zirconium, and rare-earth metals. These alloys are produced by electrolysis and thermal reduction processes.
Market Dynamics:
Driver:
Increasing applications in automotive industry
Magnesium alloy is used in the manufacturing of various interior parts of a vehicle, chassis such as in crank shaft, mounts, housings, oil pumps, cylinder crankcase, radiator support or carrier magnesium alloys, and other body parts which improve the aero dynamic performance of the vehicle by reducing its overall weight in the front of the vehicle. Magnesium alloys, in their cast forms, are generally used in applications such as high-performance vehicles, die-cast magnesium, camera bodies, and components in lenses. It also possesses properties such as scratch resistance as compared to aluminum and steel and helps in reducing vibrations and noise. Many large automotive manufacturers, like Audi, Mercedes-Benz, Ford, Jaguar, Fiat, and Kia Motors Corporation, have already replaced steel and aluminum with magnesium alloys in their vehicles. Magnesium alloys possess excellent impact resistance, and they absorb shocks and vibrations while traveling, in turn, providing a subtle and comfortable drive to the consumers.
Restraint:
Poor heat resistance
Poor heat resistance of magnesium alloys is one of the major factors limiting the full utilization of the lightweight benefits of magnesium applications in the automobile industries. Most of the current magnesium automobile components are made of AZ91D and AM60/50/20 alloy die castings, which are only suitable for applications that do not require high heat resistance, like seat frames, steering wheels, instrument panels, valve covers, etc. Current magnesium alloys cannot be applied to automobile powertrain components, particularly automatic transmission cases that can operate at temperatures up to 175 °C because they have poor creep resistance at temperatures above 130°C.
Opportunity:
Potential use in medical industry
Potential use of magnesium alloys in the medical industry creating ample opportunities across the globe. The Mg-based biodegradable implants are already in the market; Magnezix® (brand name of Mg-based implant in the market) is the first approved and CE-certified biodegradable screw that has been manufactured using PM route. Magnesium is proven to be an advantageous alternative to other bioresorbable materials, suitable for use in many different applications. Not only is the element naturally occurring in the body, but magnesium alloys also have proven biocompatibility. Furthermore, magnesium promotes new bone growth, and it does not take on water, which would cause a loss in its integral shape during degradation. The success of magnesium in the medical device sector so far has led to it being developed for a number of different applications. It also shows great promise for use in the pharmaceutical sector as a drug-delivery device.
Threat:
Availability of substitutes
Magnesium alloys have substitutes such as aluminum, nickel, steel, titanium and posses threat from these substitutes. Owing to the ability to withstand high-temperature and high-pressure conditions, the demand for titanium and aluminum-based alloys is increasing in aerospace industry. Airliners and military jets are heavy users of aluminum, and newer designs continue to specify lots of aluminum. For instance, The Airbus A380, one of the largest passenger airliner in the world, contains 10 times the amount of aluminum used in the Airbus A320. Titanium is significantly stronger than both magnesium and aluminium, although its higher density means that strength-to-weight ratios for the three metals tend to be similar. It is often the first port of call for engineers looking to replace steel in a light weighting exercise for stressed components. It has the additional advantage of being highly corrosion-resistant and also has very high biocompatibility, where magnesium alloys are poor compared with heat resistant, corrosion and thereby these factors are affecting negatively to the market growth.
The automotive & transportation segment is expected to be the largest during the forecast period
Increasing production of electric and lightweight vehicles is projected to drive the segment growth over the long term. As magnesium alloys are widely used in vehicle interior, exterior, chassis, and powertrain applications, there is a significant adoption of the material in the automotive industry. Recyclability is another key characteristic of magnesium, wherein it is possible to recycle nearly 99% of magnesium parts, which is projected to reduce the costs in automotive & transportation applications.
The wrought alloys segment is expected to have the highest CAGR during the forecast period
Wrought magnesium alloys have a special feature. Their compressive proof strength is smaller than tensile proof strength. Wrought magnesium alloys have a stringy texture in the deformation direction, which expands the tensile proof strength. In compression, the proof strength is smaller because of twinning, which happens more easily in compression than in tension in magnesium alloys because of the hexagonal lattice structure. The wrought alloys segment is having growth in the market owing to its increasing applications in electronics, and aerospace & defense industries.
Region with largest share:
Asia Pacific is projected to hold the largest market share owing to the availability of magnesium ores, cost-effective manufacturing, and a rise in indigenous production of magnesium alloys. Asia Pacific is likely to have growth in the market due to the highly developed automotive sector in China, coupled with the developing production of aerospace components in the region. China and South Korea are the major markets for magnesium alloys due to the rising demand for magnesium alloys from the powertrain, body structure, cellphones, computers, and consumer electronics applications in these countries. These countries have also shown a rapid increase in the number of smartphone users in the recent past that is expected to continue over the forecast period. The growing application of magnesium alloys in reinforced automotive frames, biomedical, healthcare, and aerospace industries is likely to drive the demand for magnesium alloys in the near future.
Region with highest CAGR:
Europe is projected to have the highest CAGR due to the increasing popularity of electric and hybrid vehicles. The region is expected to witness significant growth because of the increasing penetration of magnesium alloys material and rise in automotive production. The shift in preference towards magnesium over aluminum and steel in major industrial sectors on the account of its durability and low cost can be attributed to the demand.
Key players in the market
Some of the key players profiled in the Magnesium Alloys Market include Magnesium LLC, Advanced Magnesium Alloys Corporation (AMACOR), Magontec, Magnesium Elektron, Dead Sea Magnesium, Meridian Lightweight Technologies, China Magnesium Corporation Limited, Ka Shui International Holdings Ltd, Posco, Spartan Light Metal Products, Shanxi Credit Magnesium Co. Ltd., Nanjing Yunhai Special Metals Co. Ltd., Shanxi Yinguang Huasheng Magnesium Co. Ltd., Shanghai Regal Magnesium Limited Company, and Shanxi Fugu Tianyu Mineral Industry.
Key developments:
In January 2017: Posco launched Magnesium Alloy Sheets in LG’s Ultra-Light ‘Gram’. POSCO developed the ‘E-Form’ magnesium alloy, which significantly increases magnesium’s ability to be molded at room temperature. The alloy was applied to the bottom of the Gram 14-inch and 15-inch. Instead of stopping with the ‘E-Form’ alloy, POSCO continued to make further improvements and rolled out its ‘E-Form Plus’ alloy which demonstrated improved formability.
In March 2016: Magnesium Elektron announced long-term research and development collaboration with Biotronik and production of Synermag® 410 Bioresorbable alloy system. The two companies entered into a joint research and development program aimed at developing a bioresorbable magnesium coronary scaffold. The ten-year research program has resulted in Elektron’s SynerMag® 410 alloy system being used as the platform material in the BIOTRONIK Magnesium Scaffold, the world’s first clinically proven magnesium-based bioresorbable scaffold.
Alloy Types Covered:
• Wrought Alloys
• Cast Alloys
Products Covered:
• Sheet
• Ingot
• Bar
End Users Covered:
• Automotive & Transportation
• Electronics
• Aerospace & Defense
• Power Tools
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Magnesium Alloys Market, By Alloy Type
5.1 Introduction
5.2 Wrought Alloys
5.3 Cast Alloys
6 Global Magnesium Alloys Market, By Product
6.1 Introduction
6.2 Sheet
6.3 Ingot
6.4 Bar
7 Global Magnesium Alloys Market, By End User
7.1 Introduction
7.2 Automotive & Transportation
7.2.1 Body Structure
7.2.2 Powertrain
7.2.3 Chassis
7.2.4 Interior
7.3 Electronics
7.4 Aerospace & Defense
7.4.1 Commercial Helicopters
7.4.2 Fighter Aircraft
7.4.3 Military Helicopters
7.5 Power Tools
7.6 Other End Users
7.6.1 Medical
7.6.2 Sporting Goods
8 Global Magnesium Alloys Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Magnesium LLC
10.2 Advanced Magnesium Alloys Corporation (AMACOR)
10.3 Magontec
10.4 Magnesium Elektron
10.5 Dead Sea Magnesium
10.6 Meridian Lightweight Technologies
10.7 China Magnesium Corporation Limited
10.8 Ka Shui International Holdings Ltd
10.9 Posco
10.10 Spartan Light Metal Products
10.11 Shanxi Credit Magnesium Co. Ltd.
10.12 Nanjing Yunhai Special Metals Co. Ltd.
10.13 Shanxi Yinguang Huasheng Magnesium Co. Ltd.
10.14 Shanghai Regal Magnesium Limited Company
10.15 Shanxi Fugu Tianyu Mineral Industry
List of Tables
1 Global Magnesium Alloys Market Outlook, By Region (2020-2028) ($MN)
2 Global Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
3 Global Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
4 Global Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
5 Global Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
6 Global Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
7 Global Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
8 Global Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
9 Global Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
10 Global Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
11 Global Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
12 Global Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
13 Global Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
14 Global Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
15 Global Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
16 Global Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
17 Global Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
18 Global Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
19 Global Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
20 Global Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
21 Global Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
22 Global Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
23 Global Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
24 North America Magnesium Alloys Market Outlook, By Country (2020-2028) ($MN)
25 North America Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
26 North America Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
27 North America Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
28 North America Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
29 North America Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
30 North America Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
31 North America Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
32 North America Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
33 North America Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
34 North America Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
35 North America Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
36 North America Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
37 North America Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
38 North America Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
39 North America Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
40 North America Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
41 North America Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
42 North America Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
43 North America Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
44 North America Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
45 North America Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
46 North America Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
47 Europe Magnesium Alloys Market Outlook, By Country (2020-2028) ($MN)
48 Europe Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
49 Europe Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
50 Europe Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
51 Europe Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
52 Europe Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
53 Europe Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
54 Europe Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
55 Europe Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
56 Europe Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
57 Europe Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
58 Europe Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
59 Europe Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
60 Europe Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
61 Europe Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
62 Europe Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
63 Europe Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
64 Europe Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
65 Europe Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
66 Europe Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
67 Europe Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
68 Europe Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
69 Europe Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
70 Asia Pacific Magnesium Alloys Market Outlook, By Country (2020-2028) ($MN)
71 Asia Pacific Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
72 Asia Pacific Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
73 Asia Pacific Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
74 Asia Pacific Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
75 Asia Pacific Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
76 Asia Pacific Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
77 Asia Pacific Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
78 Asia Pacific Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
79 Asia Pacific Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
80 Asia Pacific Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
81 Asia Pacific Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
82 Asia Pacific Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
83 Asia Pacific Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
84 Asia Pacific Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
85 Asia Pacific Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
86 Asia Pacific Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
87 Asia Pacific Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
88 Asia Pacific Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
89 Asia Pacific Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
90 Asia Pacific Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
91 Asia Pacific Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
92 Asia Pacific Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
93 South America Magnesium Alloys Market Outlook, By Country (2020-2028) ($MN)
94 South America Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
95 South America Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
96 South America Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
97 South America Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
98 South America Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
99 South America Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
100 South America Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
101 South America Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
102 South America Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
103 South America Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
104 South America Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
105 South America Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
106 South America Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
107 South America Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
108 South America Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
109 South America Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
110 South America Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
111 South America Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
112 South America Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
113 South America Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
114 South America Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
115 South America Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
116 Middle East & Africa Magnesium Alloys Market Outlook, By Country (2020-2028) ($MN)
117 Middle East & Africa Magnesium Alloys Market Outlook, By Alloy Type (2020-2028) ($MN)
118 Middle East & Africa Magnesium Alloys Market Outlook, By Wrought Alloys (2020-2028) ($MN)
119 Middle East & Africa Magnesium Alloys Market Outlook, By Cast Alloys (2020-2028) ($MN)
120 Middle East & Africa Magnesium Alloys Market Outlook, By Product (2020-2028) ($MN)
121 Middle East & Africa Magnesium Alloys Market Outlook, By Sheet (2020-2028) ($MN)
122 Middle East & Africa Magnesium Alloys Market Outlook, By Ingot (2020-2028) ($MN)
123 Middle East & Africa Magnesium Alloys Market Outlook, By Bar (2020-2028) ($MN)
124 Middle East & Africa Magnesium Alloys Market Outlook, By End User (2020-2028) ($MN)
125 Middle East & Africa Magnesium Alloys Market Outlook, By Automotive & Transportation (2020-2028) ($MN)
126 Middle East & Africa Magnesium Alloys Market Outlook, By Body Structure (2020-2028) ($MN)
127 Middle East & Africa Magnesium Alloys Market Outlook, By Powertrain (2020-2028) ($MN)
128 Middle East & Africa Magnesium Alloys Market Outlook, By Chassis (2020-2028) ($MN)
129 Middle East & Africa Magnesium Alloys Market Outlook, By Interior (2020-2028) ($MN)
130 Middle East & Africa Magnesium Alloys Market Outlook, By Electronics (2020-2028) ($MN)
131 Middle East & Africa Magnesium Alloys Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
132 Middle East & Africa Magnesium Alloys Market Outlook, By Commercial Helicopters (2020-2028) ($MN)
133 Middle East & Africa Magnesium Alloys Market Outlook, By Fighter Aircraft (2020-2028) ($MN)
134 Middle East & Africa Magnesium Alloys Market Outlook, By Military Helicopters (2020-2028) ($MN)
135 Middle East & Africa Magnesium Alloys Market Outlook, By Power Tools (2020-2028) ($MN)
136 Middle East & Africa Magnesium Alloys Market Outlook, By Other End Users (2020-2028) ($MN)
137 Middle East & Africa Magnesium Alloys Market Outlook, By Medical (2020-2028) ($MN)
138 Middle East & Africa Magnesium Alloys Market Outlook, By Sporting Goods (2020-2028) ($MN)
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