Global magnesium alloys market expected to generate around USD 3.38 billion by 2026, at a CAGR of around 12.7% between 2019 and 2026. Magnesium is excessively available around the world. Magnesium is found primarily beneath the surface of the ocean beds in various forms.
Magnesium Alloys Market
The report covers a forecast and an analysis of the magnesium market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on both volume (Kilotons) and revenue (USD Billion). The study includes drivers and restraints of the global magnesium alloys market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the global magnesium alloys market on a global level.
In order to give the users of this report a comprehensive view of the global magnesium alloys market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global magnesium alloys market by segmenting it based on alloy type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some key players of the global magnesium alloys market are Magnesium Elektron, Nanjing Yunhai Special Metals, Ka Shui International, US Magnesium, Meridian Lightweight Technologies, Shanghai Regal Magnesium, Magontec, Shanxi Credit Magnesium, Shanxi Yinguang Huasheng Magnesium, and AMACOR.
This report segments the global magnesium alloys market:
Global Magnesium Alloys Market: By Alloy Type
Global Magnesium Alloys Market: By End-Use Industry
Global Magnesium Alloys Market: By Region
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