New York, United States – November 03, 2023 —
Global Magnesium Alloys Market Trends and Forecast 2022-2029, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Magnesium Alloys Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Magnesium Alloys market size, potential growth, trends and expansion strategies followed by top prominent players.
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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Magnesium is the lightest structural material with a density of 1.74 g/cm, and alloying magnesium with metal increases the hardness, cast-ability, and strength while having a negligible effect on viscosity. Aluminum is mostly used as an alloying metal with magnesium. Magnesium Alloys have properties such as lightweight, thermal conductivity, strength, durability, corrosion resistance, and high-temperature creep.
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 amongst 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 is expected to dominate the global magnesium alloys market due to increasing applications of the material in the aerospace and defense industries.
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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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