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Magnesium Alloys Market by Alloy Type (Cast Alloys, Wrought Alloys), End-use Industry (Automotive & Transportation, Electronic, Aerospace & Defense, Power Tools), and Region (APAC, Europe, North America) - Global Forecast to 2023

Magnesium Alloys Market by Alloy Type (Cast Alloys, Wrought Alloys), End-use Industry (Automotive & Transportation, Electronic, Aerospace & Defense, Power Tools), and Region (APAC, Europe, North America) - Global Forecast to 2023

“Magnesium alloys market projected to grow at a CAGR of 12.7% during forecast period”
The magnesium alloys market is estimated at USD 1.30 billion in 2018 and is projected to reach USD 2.37 billion by 2023, at a CAGR of 12.7% during the forecast period. The major factor driving the growth of the market is the increasing demand for magnesium alloys from the automotive & transportation applications due to fuel efficiency and emission regulations. However, the uncertainty of magnesium prices may restrain the growth of the market.

“Cast alloy projected to be the fastest-growing alloy type segment of magnesium alloys market during forecast period.”
Magnesium alloys possess excellent casting properties and cast alloys are cheaper than wrought alloys. In addition, issues such as low extrusion rate of and formability at room temperature of magnesium alloys have made it challenging to use magnesium alloys in the form of wrought alloys. The growing demand from automotive & transportation, aerospace & defense, and electronics end-use industries for cost-efficient alloys is driving the growth of the cast alloy segment.

“Asia Pacific expected to be the fastest-growing market for magnesium alloys during forecast period”
Asia Pacific is expected to be the fastest-growing market for magnesium alloys during the forecast period, with China leading the market in 2017. The magnesium alloys market in the Asia Pacific region is driven by the increasing consumption of magnesium alloys products in the automotive & transportation and electronics applications.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into following three categories:
By Company Type: Tier 1—50%, Tier 2—25%, and Tier 3—25%
By Designation: C Level—42%, Director Level—33%, and Others—25%
By Region: North America—36%, Europe—36%, Asia Pacific—21%, and RoW—7%

This report also provides a comprehensive analysis of the companies listed below:
Magnesium Elektron (UK)
Nanjing Yunhai Special Metals Co. Ltd. (China)
Ka Shui International Holdings Ltd. (China)
US Magnesium (US)
Meridian Lightweight Technologies (US)
Shanghai Regal Magnesium Ltd. Co. (China)
Magontec (Australia)
Shanxi Credit Magnesium Co. Ltd. (China)
Shanxi Yinguang Huasheng Magnesium (China)
AMACOR (US)

Research Coverage
This report covers the market for magnesium alloys and forecasts the market size until 2023. The report includes the market segmentation by alloy type (cast alloys, wrought alloys); end-use industries (automotive & transportation, electronics, aerospace & defense, power tools, others); and region (North America, Europe, APAC, Latin America, Middle East & Africa). The Porter’s Five Forces analysis, along with drivers, restraints, challenges, and opportunities have been discussed in the report. The report also provides company profiles and competitive strategies adopted by major players in the magnesium alloys market.

Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market in the following ways:
1. The report segments the magnesium alloys market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.

2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.

3. The report will help stakeholders better understand competitors and gain insights to better their position in the business. The competitive landscape section includes new product developments, partnerships, exhibitions, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table MAGNESIUM ALLOYS MARKET SIZE, 2016–2023 (VOLUME AND VALUE)
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE MAGNESIUM ALLOYS MARKET
    • MAGNESIUM ALLOYS MARKET, BY ALLOY TYPE
    • MAGNESIUM ALLOYS MARKET, BY END-USE INDUSTRY
    • MAGNESIUM ALLOYS MARKET IN THE AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY APPLICATION
    • MAGNESIUM ALLOYS MARKET, BY END-USE INDUSTRY AND REGION
    • MAGNESIUM ALLOYS MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MACROECONOMIC OVERVIEW AND KEY TRENDS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, BY COUNTRY, 2017–2022 (USD BILLION)
    • TRENDS IN THE AEROSPACE INDUSTRY
      • Table NEW AIRPLANES MARKET, BY REGION, 2016
    • TRENDS IN THE AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, BY REGION/COUNTRY, 2011–2015 (THOUSAND UNITS)
  • MAGNESIUM ALLOYS MARKET, BY ALLOY TYPE
    • INTRODUCTION
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
    • CAST ALLOY
      • Table CAST ALLOY MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table CAST ALLOY MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
    • WROUGHT ALLOY
      • Table WROUGHT ALLOY MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table WROUGHT ALLOY MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
  • MAGNESIUM ALLOYS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
    • AUTOMOTIVE & TRANSPORTATION
      • BODY STRUCTURE
      • POWERTRAIN
      • INTERIOR
      • CHASSIS
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY APPLICATION, 2016–2023 (KILOTON)
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY REGION, 2016–2023 (USD MILLION)
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY REGION, 2016–2023 (KILOTON)
    • ELECTRONIC
      • Table MAGNESIUM ALLOYS MARKET SIZE IN ELECTRONIC INDUSTRY, BY REGION, 2016–2023 (USD MILLION)
      • Table MAGNESIUM ALLOYS MARKET SIZE IN ELECTRONIC INDUSTRY, BY REGION, 2016–2023 (KILOTON)
    • AEROSPACE & DEFENSE
      • COMMERCIAL HELICOPTERS
      • MILITARY HELICOPTERS
      • FIGHTER AIRCRAFT
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2016–2023 (USD MILLION)
        • Table MAGNESIUM ALLOYS MARKET SIZE IN AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2016–2023 (KILOTON)
    • POWER TOOLS
      • Table MAGNESIUM ALLOYS MARKET SIZE IN POWER TOOLS INDUSTRY, BY REGION, 2016–2023 (USD MILLION)
      • Table MAGNESIUM ALLOYS MARKET SIZE IN POWER TOOLS INDUSTRY, BY REGION, 2016–2023 (KILOTON)
    • OTHERS
      • MEDICAL
      • SPORTING GOODS
        • Table MAGNESIUM ALLOYS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2023 (USD MILLION)
        • Table MAGNESIUM ALLOYS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016–2023 (KILOTON)
  • MAGNESIUM ALLOYS MARKET, BY REGION
    • INTRODUCTION
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • Table MAGNESIUM ALLOYS MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (KILOTON)
      • Table US: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table US: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table CANADA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table CANADA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
    • EUROPE
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (KILOTON)
      • Table GERMANY: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table GERMANY: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table UK: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table UK: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
    • APAC
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table APAC: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (KILOTON)
      • Table CHINA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table CHINA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table JAPAN: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table JAPAN: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
    • MEA
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table MEA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (KILOTON)
      • Table SOUTH AFRICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table SOUTH AFRICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table SAUDI ARABIA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table SAUDI ARABIA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
    • LATIN AMERICA
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY ALLOY TYPE, 2016–2023 (KILOTON)
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: MAGNESIUM ALLOYS MARKET SIZE, BY COUNTRY, 2016–2023 (KILOTON)
      • Table BRAZIL: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table BRAZIL: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
      • Table MEXICO: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (USD MILLION)
      • Table MEXICO: MAGNESIUM ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2023 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING
      • Table NANJING YUNHAI SPECIAL METALS CO. LTD.: THE LARGEST COMPANY IN THE MAGNESIUM ALLOYS MARKET
      • NANJING YUNHAI SPECIAL METALS CO. LTD.
      • MAGNESIUM ELEKTRON
      • MERIDIAN LIGHTWEIGHT TECHNOLOGIES CHINA
    • RECENT DEVELOPMENTS
      • EXPANSIONS
        • Table EXPANSIONS, 2015—2018
      • AGREEMENTS, PARTNERSHIPS, &JOINT VENTURES
        • Table AGREEMENTS, PARTNERSHIPS, &JOINT VENTURES, 2015—2018
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015—2018
  • COMPANY PROFILES
    • MAGNESIUM ELEKTRON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • KA SHUI INTERNATIONAL HOLDINGS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MAGONTEC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • U.S. MAGNESIUM LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • NANJING YUNHAI SPECIAL METALS CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MERIDIAN LIGHTWEIGHT TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • AMACOR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SHANGHAI REGAL MAGNESIUM LIMITED COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SHANXI YINGUANG HUASHENG MAGNESIUM CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SHANXI CREDIT MAGNESIUM CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER KEY PLAYERS
      • DYNACAST
      • SHANXI FUGU TIANYU MINERAL INDUSTRY
      • POSCO
      • CHINA MAGNESIUM CORPORATION LIMITED
      • DEAD SEA MAGNESIUM
      • SPARTAN LIGHT METAL PRODUCTS
      • SMITHS ADVANCED METALS
      • RIMA GROUP
      • YEE DONGGUAN SCIENCE AND TECHNOLOGY CO. LTD.
      • TAIYUAN TONGXIANG MAGNESIUM CO. LTD.
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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