Metal Magnesium - Global Market Outlook (2019-2027)
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.
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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