Magnesium Metal Market, By Application, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Magnesium metal is a type of a light metal which is silvery white in color. Magnesium metal is very light as compared to the other metals used for structural purposes such as aluminum and steel. Moreover, magnesium metal can be derived from various sources such as sea salt or electrolysis of brine solution, as it is one of the most abundantly available element in the world. Magnesium metal also finds its applications across a various end user industries such as production of aluminum alloys and die-castings, owing to its physical properties and low density.

Market Dynamics

The global magnesium metal market has witnessed an increase in growth in terms of revenue, in recent past years, owing to the rising demand of magnesium from the aerospace, automotive, and healthcare industry. This is mainly due to lower weight and superior compressive strength. Furthermore, the surge in growth of automotive and aerospace industries in emerging economies across the globe is further anticipated to provide lucrative growth to global magnesium metal market in the forthcoming years.

On the basis of application, the global magnesium metal market is bifurcated in to aluminum alloys, die-casting, metal reduction, desulphurization and others. Among regions, Asia Pacific is expected to observe substantial growth in term of revenue, during the forecast period, owing to the steady rise in growth of various end user industries such as electronics, automotive, pharmaceutical, and packaging and others.

Key features of the study:

This report provides in-depth analysis of global magnesium metal market size (US$ Billion and Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global magnesium metal market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes US Magnesium LLC., Dead Sea Magnesium Ltd., POSCO, RIMA Group, Solikamsk Magnesium Works OAO, Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., Shanxi Wenxi Hongfu Magnesium Co., Ltd., Shanxi Wenxi Zhenxin Magnesium Co., Ltd., and Taiyuan Tongxiang Magnesium Co., Ltd.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global magnesium metal market report caters to various stakeholders in this industry including investors, suppliers, global magnesium metal manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global magnesium metal market

Detailed Segmentation:

Global Magnesium Metal Market, By Application:
- Die-casting
- Aluminum Alloys
- Metal Reduction
- Desulphurization
- Others
Global Magnesium Metal Market, By Region:
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - France
  - Germany
  - Italy
  - Spain
  - U.K.
  - Nordic
  - Benelux
  - Russia
  - Poland
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - ASEAN
  - Australia & New Zealand
  - Rest of Asia Pacific
- Middle East & Africa
  - GCC
  - South Africa
  - Rest of Middle East & Africa
Company Profiles
- US Magnesium LLC *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Dead Sea Magnesium Ltd.
- POSCO
- RIMA Group
- Solikamsk Magnesium Works OAO
- Wenxi YinGuang Magnesium Industry (Group) Co., Ltd.
- Shanxi Wenxi Hongfu Magnesium Co., Ltd.
- Shanxi Wenxi Zhenxin Magnesium Co., Ltd.
- Taiyuan Tongxiang Magnesium Co., Ltd.

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI3657

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- PEST Analysis
- PORTER's Analysis
- New Product Approvals/Launch
- Promotion and Marketing Initiatives

4. Global Magnesium Metal Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Magnesium Metal Market, By Application, 2017 - 2030 (US$ Billion and Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Die-casting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
Aluminum Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
Metal Reduction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
Desulphurization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)

6. Global Magnesium Metal Market, By Region, 2017- 2030 (US$ Billion and Tons)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030

oU.S.

Country Trends
Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)

Canada
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Argentina
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Mexico
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Rest of Latin America
- Sub-region/Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
France
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Germany
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Italy
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Spain
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
U.K.
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Nordic
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Benelux
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Russia
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Poland
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Rest of Europe
- Sub-region/Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Asia Pacific
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
India
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Japan
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Oceania
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
ASEAN
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Rest of Asia Pacific
- Sub-region/Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Middle East & Africa
- Market Share Analysis, By Country/ Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country/ Sub-region, 2017 - 2030
GCC
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
South Africa
- Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)
Rest of Middle East & Africa
- Sub-region/Country Trends
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion and Tons)

7. Competitive Landscape

Market Share Analysis
Company Profiles
- US Magnesium LLC
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Dead Sea Magnesium Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- POSCO
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- RIMA Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Solikamsk Magnesium Works OAO
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Wenxi YinGuang Magnesium Industry (Group) Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Shanxi Wenxi Hongfu Magnesium Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Shanxi Wenxi Zhenxin Magnesium Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Taiyuan Tongxiang Magnesium Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
References
Research Methodology
About us and Sales Contact

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Magnesium Metal Market, By Application, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030