Report Detail
Global Magnesium and Magnesium Alloy Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
- RnM3876724 |
- 08 December, 2023 |
- Global |
- 112 Pages |
- GIR (Global Info Research) |
- Chemical & Material
According to our (Global Info Research) latest study, the global Magnesium and Magnesium Alloy market size was valued at USD 2783.3 million in 2022 and is forecast to a readjusted size of USD 3629.8 million by 2029 with a CAGR of 3.9% during review period.
Magnesium (Mg) is the eighth most abundant element and constitutes about 2% of the Earth's crust, and it is the third most plentiful element dissolved in seawater. The application of magnesium metal is mainly concentrated in magnesium alloy production, steelmaking desulfurization, corrosion protection and other fields.
Magnesium alloys are mixtures of magnesium with other metals (called an alloy), often aluminum, zinc, manganese, silicon, copper, rare earths and zirconium. Magnesium alloy is the largest market of Magnesium metal with more than 38.64% share in 2022.
Global key players of magnesium and magnesium alloy include Yunhai Special Metals, Regal Magnesium, Magontec, U.S. Magnesium, etc. The top four players hold a share over 50%.
China is the largest producer, has a share about 66%.
In terms of product type, cast alloys is the largest segment, occupied for a share of 77%, and in terms of application, automotive and transportation has a share about 63 percent.
The Global Info Research report includes an overview of the development of the Magnesium and Magnesium Alloy industry chain, the market status of Automotive and Transportation (Cast Alloys, Wrought Alloys), Consumer Electronics (Cast Alloys, Wrought Alloys), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Magnesium and Magnesium Alloy.
Regionally, the report analyzes the Magnesium and Magnesium Alloy markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Magnesium and Magnesium Alloy market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Magnesium and Magnesium Alloy market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Magnesium and Magnesium Alloy industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Cast Alloys, Wrought Alloys).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Magnesium and Magnesium Alloy market.
Regional Analysis: The report involves examining the Magnesium and Magnesium Alloy market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Magnesium and Magnesium Alloy market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Magnesium and Magnesium Alloy:
Company Analysis: Report covers individual Magnesium and Magnesium Alloy manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Magnesium and Magnesium Alloy This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive and Transportation, Consumer Electronics).
Technology Analysis: Report covers specific technologies relevant to Magnesium and Magnesium Alloy. It assesses the current state, advancements, and potential future developments in Magnesium and Magnesium Alloy areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Magnesium and Magnesium Alloy market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Magnesium and Magnesium Alloy market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Cast Alloys
Wrought Alloys
Others
Market segment by Application
Automotive and Transportation
Consumer Electronics
Aerospace and Defense
Others
Major players covered
Luxfer
U.S. Magnesium
Dead Sea Magnesium
Yunhai Special Metals
Regal Magnesium
Magontec
Zhenxin Magnesium
Shanxi Bada Magnesium
Yinguang Huasheng Magnesium
Huashun Magnesium
Shaanxi Tianyu Magnesium
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnesium and Magnesium Alloy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium and Magnesium Alloy, with price, sales, revenue and global market share of Magnesium and Magnesium Alloy from 2018 to 2023.
Chapter 3, the Magnesium and Magnesium Alloy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium and Magnesium Alloy breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Magnesium and Magnesium Alloy market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium and Magnesium Alloy.
Chapter 14 and 15, to describe Magnesium and Magnesium Alloy sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Magnesium and Magnesium Alloy
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Magnesium and Magnesium Alloy Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Cast Alloys
- 1.3.3 Wrought Alloys
- 1.3.4 Others
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Magnesium and Magnesium Alloy Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Automotive and Transportation
- 1.4.3 Consumer Electronics
- 1.4.4 Aerospace and Defense
- 1.4.5 Others
- 1.5 Global Magnesium and Magnesium Alloy Market Size & Forecast
- 1.5.1 Global Magnesium and Magnesium Alloy Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Magnesium and Magnesium Alloy Sales Quantity (2018-2029)
- 1.5.3 Global Magnesium and Magnesium Alloy Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 Luxfer
- 2.1.1 Luxfer Details
- 2.1.2 Luxfer Major Business
- 2.1.3 Luxfer Magnesium and Magnesium Alloy Product and Services
- 2.1.4 Luxfer Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 Luxfer Recent Developments/Updates
- 2.2 U.S. Magnesium
- 2.2.1 U.S. Magnesium Details
- 2.2.2 U.S. Magnesium Major Business
- 2.2.3 U.S. Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.2.4 U.S. Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 U.S. Magnesium Recent Developments/Updates
- 2.3 Dead Sea Magnesium
- 2.3.1 Dead Sea Magnesium Details
- 2.3.2 Dead Sea Magnesium Major Business
- 2.3.3 Dead Sea Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.3.4 Dead Sea Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Dead Sea Magnesium Recent Developments/Updates
- 2.4 Yunhai Special Metals
- 2.4.1 Yunhai Special Metals Details
- 2.4.2 Yunhai Special Metals Major Business
- 2.4.3 Yunhai Special Metals Magnesium and Magnesium Alloy Product and Services
- 2.4.4 Yunhai Special Metals Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 Yunhai Special Metals Recent Developments/Updates
- 2.5 Regal Magnesium
- 2.5.1 Regal Magnesium Details
- 2.5.2 Regal Magnesium Major Business
- 2.5.3 Regal Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.5.4 Regal Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 Regal Magnesium Recent Developments/Updates
- 2.6 Magontec
- 2.6.1 Magontec Details
- 2.6.2 Magontec Major Business
- 2.6.3 Magontec Magnesium and Magnesium Alloy Product and Services
- 2.6.4 Magontec Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 Magontec Recent Developments/Updates
- 2.7 Zhenxin Magnesium
- 2.7.1 Zhenxin Magnesium Details
- 2.7.2 Zhenxin Magnesium Major Business
- 2.7.3 Zhenxin Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.7.4 Zhenxin Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Zhenxin Magnesium Recent Developments/Updates
- 2.8 Shanxi Bada Magnesium
- 2.8.1 Shanxi Bada Magnesium Details
- 2.8.2 Shanxi Bada Magnesium Major Business
- 2.8.3 Shanxi Bada Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.8.4 Shanxi Bada Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 Shanxi Bada Magnesium Recent Developments/Updates
- 2.9 Yinguang Huasheng Magnesium
- 2.9.1 Yinguang Huasheng Magnesium Details
- 2.9.2 Yinguang Huasheng Magnesium Major Business
- 2.9.3 Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.9.4 Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Yinguang Huasheng Magnesium Recent Developments/Updates
- 2.10 Huashun Magnesium
- 2.10.1 Huashun Magnesium Details
- 2.10.2 Huashun Magnesium Major Business
- 2.10.3 Huashun Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.10.4 Huashun Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 Huashun Magnesium Recent Developments/Updates
- 2.11 Shaanxi Tianyu Magnesium
- 2.11.1 Shaanxi Tianyu Magnesium Details
- 2.11.2 Shaanxi Tianyu Magnesium Major Business
- 2.11.3 Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Product and Services
- 2.11.4 Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.11.5 Shaanxi Tianyu Magnesium Recent Developments/Updates
3 Competitive Environment: Magnesium and Magnesium Alloy by Manufacturer
- 3.1 Global Magnesium and Magnesium Alloy Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Magnesium and Magnesium Alloy Revenue by Manufacturer (2018-2023)
- 3.3 Global Magnesium and Magnesium Alloy Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Magnesium and Magnesium Alloy by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Magnesium and Magnesium Alloy Manufacturer Market Share in 2022
- 3.4.2 Top 6 Magnesium and Magnesium Alloy Manufacturer Market Share in 2022
- 3.5 Magnesium and Magnesium Alloy Market: Overall Company Footprint Analysis
- 3.5.1 Magnesium and Magnesium Alloy Market: Region Footprint
- 3.5.2 Magnesium and Magnesium Alloy Market: Company Product Type Footprint
- 3.5.3 Magnesium and Magnesium Alloy Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Magnesium and Magnesium Alloy Market Size by Region
- 4.1.1 Global Magnesium and Magnesium Alloy Sales Quantity by Region (2018-2029)
- 4.1.2 Global Magnesium and Magnesium Alloy Consumption Value by Region (2018-2029)
- 4.1.3 Global Magnesium and Magnesium Alloy Average Price by Region (2018-2029)
- 4.2 North America Magnesium and Magnesium Alloy Consumption Value (2018-2029)
- 4.3 Europe Magnesium and Magnesium Alloy Consumption Value (2018-2029)
- 4.4 Asia-Pacific Magnesium and Magnesium Alloy Consumption Value (2018-2029)
- 4.5 South America Magnesium and Magnesium Alloy Consumption Value (2018-2029)
- 4.6 Middle East and Africa Magnesium and Magnesium Alloy Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 5.2 Global Magnesium and Magnesium Alloy Consumption Value by Type (2018-2029)
- 5.3 Global Magnesium and Magnesium Alloy Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 6.2 Global Magnesium and Magnesium Alloy Consumption Value by Application (2018-2029)
- 6.3 Global Magnesium and Magnesium Alloy Average Price by Application (2018-2029)
7 North America
- 7.1 North America Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 7.2 North America Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 7.3 North America Magnesium and Magnesium Alloy Market Size by Country
- 7.3.1 North America Magnesium and Magnesium Alloy Sales Quantity by Country (2018-2029)
- 7.3.2 North America Magnesium and Magnesium Alloy Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 8.2 Europe Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 8.3 Europe Magnesium and Magnesium Alloy Market Size by Country
- 8.3.1 Europe Magnesium and Magnesium Alloy Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Magnesium and Magnesium Alloy Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Magnesium and Magnesium Alloy Market Size by Region
- 9.3.1 Asia-Pacific Magnesium and Magnesium Alloy Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Magnesium and Magnesium Alloy Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 10.2 South America Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 10.3 South America Magnesium and Magnesium Alloy Market Size by Country
- 10.3.1 South America Magnesium and Magnesium Alloy Sales Quantity by Country (2018-2029)
- 10.3.2 South America Magnesium and Magnesium Alloy Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Magnesium and Magnesium Alloy Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Magnesium and Magnesium Alloy Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Magnesium and Magnesium Alloy Market Size by Country
- 11.3.1 Middle East & Africa Magnesium and Magnesium Alloy Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Magnesium and Magnesium Alloy Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Magnesium and Magnesium Alloy Market Drivers
- 12.2 Magnesium and Magnesium Alloy Market Restraints
- 12.3 Magnesium and Magnesium Alloy Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Magnesium and Magnesium Alloy and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Magnesium and Magnesium Alloy
- 13.3 Magnesium and Magnesium Alloy Production Process
- 13.4 Magnesium and Magnesium Alloy Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Magnesium and Magnesium Alloy Typical Distributors
- 14.3 Magnesium and Magnesium Alloy Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Magnesium and Magnesium Alloy. Industry analysis & Market Report on Magnesium and Magnesium Alloy is a syndicated market report, published as Global Magnesium and Magnesium Alloy Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Magnesium and Magnesium Alloy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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