The Magnesium and Magnesium Alloy market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Magnesium alloys are mixtures of magnesium with other metals (called an alloy), often aluminum, zinc, manganese, silicon, copper, rare earths and zirconium.
In the coming years, the growth demand of magnesium alloys from powertrain and body structure applications in automobiles and 3Cs (cell phones, communications, and consumer electronics) applications in the electronics industry around the globe is expected to increase.
In the global Magnesium and Magnesium Alloy market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Magnesium Elektron
KA Shui
U.S. Magnesium
Yunhai Special Metals
Regal Magnesium
Yinguang Huasheng Magnesium
Credit Magnesium
Dynacast
Fugu Tianyu Mineral Industry
Posco
CMC
DSM
Market Segment by Product Type
Cast Alloys
Wrought Alloys
Market Segment by Application
Automotive and Transportation
Electronic
Aerospace and Defense
Power Tools
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Magnesium and Magnesium Alloy market for the forecast period 2020 - 2025?
• What are the driving forces in the Magnesium and Magnesium Alloy market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Magnesium and Magnesium Alloy industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?