Magnesium alloys are mixtures of magnesium with other metals (called an alloy), often aluminum, zinc, manganese, silicon, copper, rare earths and zirconium.
In the coming years, the growth demand of magnesium alloys from powertrain and body structure applications in automobiles and 3Cs (cell phones, communications, and consumer electronics) applications in the electronics industry around the globe is expected to increase.
The Global Magnesium and Magnesium Alloy Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Magnesium and Magnesium Alloy Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Magnesium Elektron
KA Shui
U.S. Magnesium
Yunhai Special Metals
Regal Magnesium
Yinguang Huasheng Magnesium
Credit Magnesium
Dynacast
Fugu Tianyu Mineral Industry
Posco
CMC
DSM

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Cast Alloys
Wrought Alloys

In Market segmentation by applications :
Automotive and Transportation
Electronic
Aerospace and Defense
Power Tools

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Magnesium and Magnesium Alloy Market for the forecast period 2023-2030?
• What are the driving forces in the Magnesium and Magnesium Alloy Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Magnesium and Magnesium Alloy industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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