A combination of light weight, high specific strength, and good castability makes magnesium alloys a promising engineering material for the automotive and aerospace industries. Mg-Al-based alloys, especially the AZ and AM series, combine good room-temperature strength and ductility with satisfying salt-spray corrosion resistance and excellent castability.
Vehicle weight reduction is one of the major means available to improve automotive fuel efficiency. High-strength steels, aluminum (Al), and polymers are already being used to reduce weight significantly, but substantial additional reductions could be achieved by greater use of low-density magnesium (Mg) and its alloys. Magnesium alloys are currently used in relatively small quantities for auto parts, generally limited to die castings, e.g., housings.
Europe and North America are anticipated to witness significant growth over the forecast period owing to rise in automotive production. Asia Pacific is predicted to observe high growth due to increasing demand for luxury vehicle and increasing annual vehicle production.
Global Automotive Magnesium Alloy market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Magnesium Alloy.
This industry study presents the global Automotive Magnesium Alloy market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Magnesium Alloy production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Magnesium Alloy in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Meridian, Dynacast, etc.
The following manufacturers are covered in this report:
Meridian
Dynacast
STOLFIG
GF
DongGuan Eontec
Faw Foundry
Nanjing Yunhai Special Metals
Yinguang Magnesium Industry
Million and Precision Industrial Holdings
Automotive Magnesium Alloy Breakdown Data by Type
AZ (Mg-Al-Zn)
AM (Mg-AlMn)
AS (Mg-Al-Si)
Other types
Automotive Magnesium Alloy Breakdown Data by Application
Steering Wheel
Seat Frames
Closures
Powertrain Parts
Others
Automotive Magnesium Alloy Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Magnesium Alloy Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Magnesium Alloy status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Magnesium Alloy manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Magnesium Alloy :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Magnesium Alloy market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive Magnesium Alloy . Industry analysis & Market Report on Automotive Magnesium Alloy is a syndicated market report, published as Global Automotive Magnesium Alloy Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automotive Magnesium Alloy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.