Global Metal Magnesium Market Value Expected to Grow at a CAGR of 9.2% During the Forecast Year : Stratistics MRC

 Breaking News
  • No posts were found

Global Metal Magnesium Market Value Expected to Grow at a CAGR of 9.2% During the Forecast Year : Stratistics MRC

October 13
13:44 2021
Global Metal Magnesium Market Value Expected to Grow at a CAGR of 9.2% During the Forecast Year : Stratistics MRC
Metal Magnesium – Global Market Outlook (2019-2027)
Global Metal Magnesium Industry Outlook (2019-2027) has been added to Stratistics Market Research Consulting offerings.

The Global Metal Magnesium Market is accounted for $3.58 billion in 2019 and is expected to reach $7.23 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Increasing die casting requirements in automotive and various structural applications, growing adoption of magnesium metal in making of aluminium alloys, and investment in automotive R&D are some of the factors propelling the growth of the market. However, chemically reactive and low ductility are hampering the growth of the market.

Magnesium is a silvery-white metal, and one of the lightest metals available for various structural applications which have an excellent strength to weight ratio. It is found in large deposits of magnesite, dolomite, other minerals, and in mineral waters, where magnesium ion is soluble.

Some of the key players profiled in the Metal Magnesium Market include VSMPO-Avisma, Shanxi Wenxi Zhenxin Magnesium Co., Ltd., Nippon Kinzoku, Latrobe Magnesium, Esan, Dead Sea Magnesium, Alliance Magnesium, US Magnesium LLC., POSCO, RIMA Group, Solikamsk Magnesium Works OAO, Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., Shanxi Wenxi Hongfu Magnesium Co., Ltd., Taiyuan Tongxiang Magnesium Co., Ltd, and Yulin Wanyuan Magnesium. 

Request a Sample of this research @

The report offers market estimations, forecasts, regional segmentation for the market which covers the world’s largest economies, and CAGR of any prominent country in the report as per the client’s interest. We have high experience in research and consulting for diverse industry domains to supply to the requirements of both individual and corporate clients. Our research teams are a permutation of shrewd experience and young exuberance that reflects in the quality of the work. Our report provides data information related to the strategic initiatives such as partnerships, mergers, acquisitions, collaborations, expansions, agreements, product launches, and joint ventures for the foremost companies on a regional scale for the assorted markets in the industries. Our experienced consulting team uses proprietary data sources and different tools and methods to collect and analyze the information and is their mettle and stance towards providing the best to our clients that makes the reports be prominent.

Browse complete report with TOC @

Types Covered:• Magnesium Rods• Magnesium Plate• Magnesium Ingots   Products Covered:• Pure Magnesium • Magnesium Compounds • Magnesium Alloys  Manufacturing Processes Covered:• Electrolytic Process • Recycling • Thermal Reduction Process Applications Covered:• Aluminium Alloys• Die Casting• Iron & Steel Making Desulphurization• Metal Reduction• Titanium Reduction• Other Applications End Users Covered:• Automotive• Electronics • Aerospace & Defense• Medical& Healthcare• Construction• Other End Users

About Stratistics Market Research Consulting

Stratistics Market Research Pvt Ltd is a business research firm offering market reports across the industries. Our advanced techniques and tools in identifying the market trends helps in shaping today’s business landscape. Our syndicate and custom reports specialize in identifying new market opportunities. Our team of consultants help you to formulate a confident business strategy by providing competitive advantage. Our research services cover Market Entry Strategy, Strategic Benchmarking and Competitive Landscaping.

We have a core research team with analysts across the industry verticals to serve our varied customers such as technology suppliers, manufacturers, distributors, end-users, consulting companies, investment firms and research institutes.

Media Contact
Company Name: Stratistics Market Research Consulting
Contact Person: Kumar
Email: Send Email
Phone: +1-301-202-5929
Country: India