Metal Magnesium Market
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PUBLISHED: 2020 ID: SMRC19927
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Metal Magnesium - Global Market Outlook (2019-2027)

4.3 (35 reviews)
4.3 (35 reviews)
Published: 2020 ID: SMRC19927

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Metal Magnesium Market is accounted for $3.58 billion in 2019 and is expected to reach $7.23 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Increasing die casting requirements in automotive and various structural applications, growing adoption of magnesium metal in making of aluminium alloys, and investment in automotive R&D are some of the factors propelling the growth of the market. However, chemically reactive and low ductility are hampering the growth of the market.
 

Metal Magnesium - Global Market Outlook (2019-2027)


Magnesium is a silvery-white metal, and one of the lightest metals available for various structural applications which have an excellent strength to weight ratio. It is found in large deposits of magnesite, dolomite, other minerals, and in mineral waters, where magnesium ion is soluble.

Based on the application, the aluminium alloys segment is anticipated to hold considerable market share during the forecast period as the addition of magnesium metal in alloys increases strength and strain hardening ability and these alloys are non-heat-treatable alloys and are used for structural applications. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period owing to the increasing adoption in end-use industries such as automotive and electronics industries and rapidly increasing industrial base due to shifting in manufacturing base of the major end-use industries into Asia-Pacific especially in China and India.

Some of the key players profiled in the Metal Magnesium Market include VSMPO-Avisma, Shanxi Wenxi Zhenxin Magnesium Co., Ltd., Nippon Kinzoku, Latrobe Magnesium, Esan, Dead Sea Magnesium, Alliance Magnesium, US Magnesium LLC., POSCO, RIMA Group, Solikamsk Magnesium Works OAO, Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., Shanxi Wenxi Hongfu Magnesium Co., Ltd., Taiyuan Tongxiang Magnesium Co., Ltd, and Yulin Wanyuan Magnesium. 

Classifications Covered:
• >99%
• 97%-99%
• 95%-97%

Types Covered:
• Magnesium Rods
• Magnesium Plate
• Magnesium Ingots   

Products Covered:
• Pure Magnesium 
• Magnesium Compounds 
• Magnesium Alloys  

Manufacturing Processes Covered:
• Electrolytic Process 
• Recycling 
• Thermal Reduction Process 

Applications Covered:
• Aluminium Alloys
• Die Casting
• Iron & Steel Making Desulphurization
• Metal Reduction
• Titanium Reduction
• Other Applications 

End Users Covered:
• Automotive
• Electronics 
• Aerospace & Defense
• Medical& Healthcare
• Construction
• 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 2018, 2019, 2020, 2024 and 2027
- 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

Table of Contents

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 Application Analysis        
 3.8 End User Analysis         
 3.9 Emerging Markets         
 3.10 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 Metal Magnesium Market, By Classification       
 5.1 Introduction         
 5.2 >99%          
 5.3 97%-99%          
 5.4 95%-97%          
            
6 Global Metal Magnesium Market, By Type       
 6.1 Introduction         
 6.2 Magnesium Rods         
 6.3 Magnesium Plate         
 6.4 Magnesium Ingots         
            
7 Global Metal Magnesium Market, By Product       
 7.1 Introduction         
 7.2 Pure Magnesium         
 7.3 Magnesium Compounds        
 7.4 Magnesium Alloys         
            
8 Global Metal Magnesium Market, By Manufacturing Process      
 8.1 Introduction         
 8.2 Electrolytic Process         
 8.3 Recycling          
 8.4 Thermal Reduction Process        
            
9 Global Metal Magnesium Market, By Application       
 9.1 Introduction         
 9.2 Aluminium Alloys         
 9.3 Die Casting         
 9.4 Iron & Steel Making Desulphurization       
 9.5 Metal Reduction         
 9.6 Titanium Reduction         
 9.7 Other Applications         
  9.7.1 Sacrificial Anodes        
  9.7.2 Pyrotechnics        
  9.7.3 Chemicals        
            
10 Global Metal Magnesium Market, By End User       
 10.1 Introduction         
 10.2 Automotive         
 10.3 Electronics         
 10.4 Aerospace & Defense        
 10.5 Medical& Healthcare        
 10.6 Construction         
 10.7 Other End Users         
  10.7.1 Cathodic Protection & Nodularisation      
  10.7.2 Sports         
  10.7.3 Packaging & Printing       
            
11 Global Metal Magnesium Market, By Geography       
 11.1 Introduction         
 11.2 North America         
  11.2.1 US         
  11.2.2 Canada         
  11.2.3 Mexico         
 11.3 Europe           
  11.3.1 Germany         
  11.3.2 UK         
  11.3.3 Italy         
  11.3.4 France         
  11.3.5 Spain         
  11.3.6 Rest of Europe        
 11.4 Asia Pacific         
  11.4.1 Japan         
  11.4.2 China         
  11.4.3 India          
  11.4.4 Australia         
  11.4.5 New Zealand        
  11.4.6 South Korea        
  11.4.7 Rest of Asia Pacific        
 11.5 South America         
  11.5.1 Argentina        
  11.5.2 Brazil         
  11.5.3 Chile         
  11.5.4 Rest of South America       
 11.6 Middle East & Africa        
  11.6.1 Saudi Arabia        
  11.6.2 UAE         
  11.6.3 Qatar         
  11.6.4 South Africa        
  11.6.5 Rest of Middle East & Africa       
            
12 Key Developments           
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 12.2 Acquisitions & Mergers        
 12.3 New Product Launch        
 12.4 Expansions         
 12.5 Other Key Strategies        
            
13 Company Profiling           
 13.1 VSMPO-Avisma         
 13.2 Shanxi Wenxi Zhenxin Magnesium Co., Ltd.      
 13.3 Nippon Kinzoku         
 13.4 Latrobe Magnesium         
 13.5 Esan          
 13.6 Dead Sea Magnesium        
 13.7 Alliance Magnesium        
 13.8 US Magnesium LLC.         
 13.9 POSCO          
 13.10 RIMA Group         
 13.11 Solikamsk Magnesium Works OAO       
 13.12 Wenxi YinGuang Magnesium Industry (Group) Co., Ltd.     
 13.13 Shanxi Wenxi Hongfu Magnesium Co., Ltd.      
 13.14 Taiyuan Tongxiang Magnesium Co., Ltd       
 13.15 Yulin Wanyuan Magnesium        


List of Tables           
1 Global Metal Magnesium Market Outlook, By Region (2018-2027) ($MN)     
2 Global Metal Magnesium Market Outlook, By Classification (2018-2027) ($MN)    
3 Global Metal Magnesium Market Outlook, By >99% (2018-2027) ($MN)     
4 Global Metal Magnesium Market Outlook, By 97%-99% (2018-2027) ($MN)    
5 Global Metal Magnesium Market Outlook, By 95%-97% (2018-2027) ($MN)    
6 Global Metal Magnesium Market Outlook, By Type (2018-2027) ($MN)     
7 Global Metal Magnesium Market Outlook, By Magnesium Rods (2018-2027) ($MN)    
8 Global Metal Magnesium Market Outlook, By Magnesium Plate (2018-2027) ($MN)    
9 Global Metal Magnesium Market Outlook, By Magnesium Ingots (2018-2027) ($MN)   
10 Global Metal Magnesium Market Outlook, By Product (2018-2027) ($MN)     
11 Global Metal Magnesium Market Outlook, By Pure Magnesium (2018-2027) ($MN)    
12 Global Metal Magnesium Market Outlook, By Magnesium Compounds (2018-2027) ($MN)   
13 Global Metal Magnesium Market Outlook, By Magnesium Alloys (2018-2027) ($MN)   
14 Global Metal Magnesium Market Outlook, By Manufacturing Process (2018-2027) ($MN)   
15 Global Metal Magnesium Market Outlook, By Electrolytic Process (2018-2027) ($MN)   
16 Global Metal Magnesium Market Outlook, By Recycling (2018-2027) ($MN)    
17 Global Metal Magnesium Market Outlook, By Thermal Reduction Process (2018-2027) ($MN)   
18 Global Metal Magnesium Market Outlook, By Application (2018-2027) ($MN)    
19 Global Metal Magnesium Market Outlook, By Aluminium Alloys (2018-2027) ($MN)    
20 Global Metal Magnesium Market Outlook, By Die Casting (2018-2027) ($MN)    
21 Global Metal Magnesium Market Outlook, By Iron & Steel Making Desulphurization (2018-2027) ($MN)  
22 Global Metal Magnesium Market Outlook, By Metal Reduction (2018-2027) ($MN)    
23 Global Metal Magnesium Market Outlook, By Titanium Reduction (2018-2027) ($MN)   
24 Global Metal Magnesium Market Outlook, By Other Applications (2018-2027) ($MN)   
25 Global Metal Magnesium Market Outlook, By Sacrificial Anodes (2018-2027) ($MN)    
26 Global Metal Magnesium Market Outlook, By Pyrotechnics (2018-2027) ($MN)    
27 Global Metal Magnesium Market Outlook, By Chemicals (2018-2027) ($MN)    
28 Global Metal Magnesium Market Outlook, By End User (2018-2027) ($MN)    
29 Global Metal Magnesium Market Outlook, By Automotive (2018-2027) ($MN)    
30 Global Metal Magnesium Market Outlook, By Electronics (2018-2027) ($MN)    
31 Global Metal Magnesium Market Outlook, By Aerospace & Defense (2018-2027) ($MN)   
32 Global Metal Magnesium Market Outlook, By Medical& Healthcare (2018-2027) ($MN)   
33 Global Metal Magnesium Market Outlook, By Construction (2018-2027) ($MN)    
34 Global Metal Magnesium Market Outlook, By Other End Users (2018-2027) ($MN)    
35 Global Metal Magnesium Market Outlook, By Cathodic Protection & Nodularisation (2018-2027) ($MN)  
36 Global Metal Magnesium Market Outlook, By Sports (2018-2027) ($MN)     
37 Global Metal Magnesium Market Outlook, By Packaging & Printing (2018-2027) ($MN)   
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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