Magnesium Alloys Market Is Projected to Reach the value of USD 2,007,247.90 Thousand by 2029

PRESS RELEASE
Published October 17, 2023

The report aims to offer a comprehensive perspective on the Magnesium Alloys Market 2029. It offers an industry overview, encompassing market growth analysis from both historical and futuristic perspectives, focusing on key parameters such as revenue, demand, and supply data where applicable. The study provides regional estimates, forecasts, and trend analysis for numerous countries, including the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxembourg, and the rest of Europe, as well as Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, the Philippines, and the rest of Asia-Pacific. Additionally, it covers Brazil, Argentina, the rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa, and the rest of the Middle East and Africa, among others. The report also addresses the impact of COVID-19 and provides forecasts for post-COVID-19 recovery.

Data Bridge Market Research analyses that the Global magnesium alloys market is expected to reach the value of USD 2,007,247.90 thousand by the year 2029, at a CAGR of 4.7% during the forecast period.

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Global Magnesium Alloys Market Prominent Players:

Luxfer MEL Technologies, Shandong Feixian County Yinguang Magnesium Industry Co. Ltd., regal-mg, U.S. Magnesium LLC, Namoalloy, Dead sea Magnesium, DSM, Amacor, Dynacast, RIMA INDUSTRIAL, Mag Specialties Inc., MAGONTEC Limited, Nanjing Yunhai Special Metal Co., Ltd, among others.

Global Magnesium Alloys Market Scope:

Product

  • Cast alloy
  • Wrought alloy

Application

  • Automotive & transportation
  • Aerospace & defense
  • Electronics
  • Power tools
  • Others

Regional Insights:

In 2022, the Asia Pacific region is expected to dominate the global magnesium alloy market owing to the increasing application of the material in the aerospace and defense industry.

Table of Content of Magnesium Alloys Market:

1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Magnesium Alloys market (2022-2029).

2: Exclusive Summary – the basic information of the Global Magnesium Alloys Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Magnesium Alloys; Post COVID Analysis.

4: Presenting the Global Magnesium Alloys Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country 2018-2022.

6: Evaluating the leading manufacturers of the Global Magnesium Alloys Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2029).

 To be continued

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