Metal Magnesium Market Analysis and Forecast to 2031: By Application (Die Casting, Aluminum Alloys, Titanium Reduction, Iron & Steel Making, Others), and Region

Metal magnesium is an element with the symbol Mg and atomic number 12. It is a shiny gray solid which is insoluble in water but very reactive with air. Magnesium is the eighth most abundant element in the Earth’s crust and the fourth most common element in the Earth as a whole. The main use of magnesium is in the production of aluminum alloys.

Key Trends

The key trends in Metal Magnesium technology are the development of new production methods, the increased use of magnesium in new applications, and the continued research into the properties and potential of magnesium.

The production of magnesium has traditionally been energy intensive and environmentally damaging, but new methods are being developed that are more efficient and less polluting. One such method is the electrolytic reduction of magnesium oxide, which uses far less energy than the traditional thermal reduction process.

Magnesium is increasingly being used in a variety of new applications, such as in the automotive industry where it is used in lightweight components to improve fuel efficiency. It is also being used in the aerospace industry, where its high strength-to-weight ratio makes it an ideal material for construction.

Research into the properties of magnesium is ongoing, and new uses for the metal are being discovered all the time. For example, recent studies have shown that magnesium can improve the performance of lithium-ion batteries, making it a potential game-changer in the field of renewable energy.

Key Drivers

The key drivers of the Metal Magnesium market are the increasing demand for lightweight metals in the automotive and aerospace industries, and the growing use of magnesium in the electronics sector.

Magnesium is used in the production of a variety of electronic components, including laptop computers, mobile phones, and digital cameras.

The increasing demand for light-weight metals in the automotive and aerospace industries, and the growing use of magnesium in the electronics sector are the key drivers of the Metal Magnesium market.

Restraints & Challenges

The key restraints and challenges in the Metal Magnesium market include the high cost of production, the volatile price of magnesium, and the limited availability of high-quality magnesium ore. Additionally, the environmental impact of magnesium production and the challenges associated with recycling magnesium are also key challenges facing the Metal Magnesium market.

Market Segments

The metal magnesium market report is bifurcated on the basis of application, and region. On the basis of application, it is segmented into die casting, aluminum alloys, titanium reduction, iron & steel making, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Players

The metal magnesium market report includes players such as Alliance Magnesium, Esan Eczacibasi, Latrobe Magnesium, Nippon Kinzoku Co. Ltd., Regal Metal, Shanghai Sunglow Investment (Group) Co., Ltd., SolikamskDesulphurizer Works, U.S. Magnesium LLC, VSMPO-Avisma Corp., and Western Magnesium Corp.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Metal Magnesium Market Outlook
3.1. Metal Magnesium Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Metal Magnesium Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Metal Magnesium Market
4.3. Economic Impact Analysis

Chapter 5. Metal Magnesium Market by Application
5.1. Market Overview
5.2. Die Casting
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Aluminum Alloys
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Titanium Reduction
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Iron & Steel Making
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.6. Others
5.6.1. Market Size and Forecast, 2021-2031 ($Million)
5.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Metal Magnesium Market, by Region
6.1. Overview
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. North America Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.2.3. North America Metal Magnesium Market Size and Forecast by Country, 2021-2031, ($Million)
6.2.4. The U.S.
6.2.4.1. The U.S. Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.2.5. Canada
6.2.5.1. Canada Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.2.6. Mexico
6.2.6.1. Mexico Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Europe Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.3. Europe Metal Magnesium Market Size and Forecast by Country, 2021-2031, ($Million)
6.3.4. Germany
6.3.4.1. Germany Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.5. France
6.3.5.1. France Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.6. U.K.
6.3.6.1. U.K. Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.7. Spain
6.3.7.1. Spain Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.8. Italy
6.3.8.1. Italy Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.3.9. Rest of Europe
6.3.9.1. Rest of Europe Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Asia-Pacific Metal Magnesium Market Size and Forecast by Country, 2021-2031, ($Million)
6.4.3. Asia-Pacific Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4.4. China
6.4.4.1. China Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4.5. India
6.4.5.1. India Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4.6. Japan
6.4.6.1. Japan Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4.7. South Korea
6.4.7.1. South Korea Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.4.8. Rest of APAC
6.4.8.1. Rest of APAC Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.5. Rest of the World
6.5.1. Key Market Trends and Opportunities
6.5.2. Rest of the World Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.5.3. Rest of the World Metal Magnesium Market Size and Forecast by Country, 2021-2031, ($Million)
6.5.4. Latin America
6.5.4.1. Latin America Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.5.5. Middle East
6.5.5.1. Middle East Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)
6.5.6. Africa
6.5.6.1. Africa Metal Magnesium Market Size and Forecast by Application, 2021-2031, ($Million)

Chapter 7. Competitive Landscape
7.1. Market Overview
7.2. Market Share Analysis/Key Player Positioning
7.3. Developmental Strategy Benchmarking
7.3.1. New Product Development
7.3.2. Product Launches
7.3.3. Business Expansions
7.3.4. Partnerships, Joint Ventures, and Collaborations
7.3.5. Mergers and Acquisitions

Chapter 8. Company Profiles
8.1. Alliance Magnesium
8.1.1. Company Snapshot
8.1.2. Financial Performance
8.1.3. Product Offerings
8.1.4. Key Strategic Initiatives
8.1.5. SWOT Analysis
8.2. Esan Eczacibasi
8.2.1. Company Snapshot
8.2.2. Financial Performance
8.2.3. Product offerings
8.2.4. Key Strategic Initiatives
8.2.5. SWOT Analysis
8.3. Latrobe Magnesium
8.3.1. Company Snapshot
8.3.2. Financial Performance
8.3.3. Product offerings
8.3.4. Key Strategic Initiatives
8.3.5. SWOT Analysis
8.4. Nippon Kinzoku Co. Ltd
8.4.1. Company Snapshot
8.4.2. Financial Performance
8.4.3. Product offerings
8.4.4. Key Strategic Initiatives
8.4.5. SWOT Analysis
8.5. Regal Metal
8.5.1. Company Snapshot
8.5.2. Financial Performance
8.5.3. Product offerings
8.5.4. Key Strategic Initiatives
8.5.5. SWOT Analysis
8.6. Shanghai Sunglow Investment (Group) Co., Ltd
8.6.1. Company Snapshot
8.6.2. Financial Performance
8.6.3. Product offerings
8.6.4. Key Strategic Initiatives
8.6.5. SWOT Analysis
8.7. SolikamskDesulphurizer Works
8.7.1. Company Snapshot
8.7.2. Financial Performance
8.7.3. Product offerings
8.7.4. Key Strategic Initiatives
8.7.5. SWOT Analysis
8.8. U.S. Magnesium LLC
8.8.1. Company Snapshot
8.8.2. Financial Performance
8.8.3. Product offerings
8.8.4. Key Strategic Initiatives
8.8.5. SWOT Analysis
8.9. VSMPO-Avisma Corp.
8.9.1. Company Snapshot
8.9.2. Financial Performance
8.9.3. Product offerings
8.9.4. Key Strategic Initiatives
8.9.5. SWOT Analysis
8.10. Western Magnesium Corp.
8.10.1. Company Snapshot
8.10.2. Financial Performance
8.10.3. Product offerings
8.10.4. Key Strategic Initiatives
8.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report
Key Players
  • Alliance Magnesium
  • Esan Eczacibasi
  • Latrobe Magnesium
  • Nippon Kinzoku Co. Ltd.
  • Regal Metal
  • Shanghai Sunglow Investment (Group) Co., Ltd.
  • SolikamskDesulphurizer Works
  • U.S. Magnesium LLC
  • VSMPO-Avisma Corp.
  • Western Magnesium Corp.
Market Segments

By Application 

  • Die Casting
  • Aluminum Alloys
  • Titanium Reduction
  • Iron & Steel Making
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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