Metal Magnesium Market 2023 – Global Driving Factors, Top Manufacturers, Growth Opportunities And Forecast To 2032 – Alliance Magnesium, Nippon Kinzoku Co Ltd., Taiyuan Tongxiang Magnesium Co Ltd., RIMA Group

Metal Magnesium Market

The Business Research Company’s Metal Magnesium Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Metal Magnesium Global Market Report 2023 evaluates metal magnesium market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global metal magnesium market size grew from $4.12 billion in 2022 to $4.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal magnesium market size is expected to grow to $5.79 billion in 2027 at a CAGR of 7.1%.

The metal magnesium market segments in the report are:

Metal Magnesium Market By Product :
Pure Magnesium
Magnesium Compounds
Magnesium Alloys

Metal Magnesium Market By Manufacturing Process :
Thermal Reduction Process
Electrolyte Process
Recycling

Metal Magnesium Market By Application :
Die Casting
Aluminum Alloys
Titanium Reduction
Iron And Steel Making
Other Applications

Metal Magnesium Market By End-User Industry :
Automotive
Aerospace
Electronics
Sports
Medical
Other End User

Top Major Players
Alliance Magnesium
Wenxi YinGuang Magnesium Industry (Group) Co Ltd.
Nippon Kinzoku Co Ltd
Taiyuan Tongxiang Magnesium Co Ltd.
RIMA Group

Asia-Pacific was the largest region in the metal magnesium market in 2022.

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The table of contents in TBRC’s metal magnesium market report includes:
1. Executive Summary
2. Metal Magnesium Market Characteristics
3. Metal Magnesium Market Trends And Strategies
4. Metal Magnesium Market – Macro Economic Scenario
5. Metal Magnesium Market Size And Growth
…………………..
26. Africa Metal Magnesium Market
27. Metal Magnesium Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metal Magnesium Market
29. Metal Magnesium Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Metal Magnesium Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Metal Magnesium Market, Segmentation By Manufacturing Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Metal Magnesium Market, Segmentation By Application , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…………………….
Table 47: Alliance Magnesium Financial Performance
Table 48: Wenxi YinGuang Magnesium Industry (Group) Co Ltd Financial Performance
Table 49: Nippon Kinzoku Co Ltd Financial Performance
Table 50: POSCO Financial Performance
Table 51: Taiyuan Tongxiang Magnesium Co Ltd Financial Performance

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