Global Magnesium Metal Market -Forecast and Analysis (2020-2027) -by Application, and by Region.

Market Scenario

Global Magnesium Metal Market was valued at USD xx Bn in 2019 and is expected to reach USD xx Bn by 2027 at a CAGR of xx% over the forecast period 2020-2027.   Global Magnesium Metal Market The report covers an in-depth analysis of COVID 19 pandemic impact on Global Magnesium Metal Market by region and on the key players’ revenue affected till April 2020 and expected short term, and long-term impact on the market. Global Magnesium Metal Market Dynamics; Magnesium is very chemically active, it takes the place of hydrogen in boiling water and a great number of metals can be produced by thermic reduction of its salts and oxidized forms with magnesium. It joins together with most non-metals and almost every acid. Magnesium is the eighth-most abundant element and constitutes about 2% of the Earth's crust by weight, and it is the third most plentiful element dissolved in seawater. It is abundant in nature and is found in important quantities in many rocky minerals, like dolomite, magnetite, olivine, and serpentine. It is also found in seawater, underground brines, and salty layers. Various factors such as increasing use of magnesium metal as a refractory material in furnace linings for producing cement & glass, rising demand from the automotive sector, increasing investment by major players in R&D and growing magnesium consumption to remove sulphur in the production of steel & iron and for titanium production are driving the global magnesium metal market over the forecast period. However, factors such as the explosive nature of magnesium & its alloys and harmful emission of UV light when burnt are restraining the market growth over the forecast period. Global Magnesium Metal Market is segmented by application and by region. By application, the automotive application segment dominated the global market in 2019 and is expected to keep its dominance over the forecast period. Factors such as rising demand for magnesium metal in the automotive industry for the production of various automobile parts, increasing adoption of magnesium metal in making of aluminium alloys, and increasing usage of magnesium for die-casting are expected to fuel the growth of the market growth this segment over the forecast period. Major automobile companies such as Mercedes, Porsche, BMW, and Chevrolet use magnesium and its alloys in their engines and body parts. The Automobile application segment is followed by electronics. The Expanding electronics industry is expected to propel the demand owing to its superior electrical & mechanical properties. Growing usage in laptops, mobile phones, tablets, cameras, and computers is further expected to fuel the market growth of this segment. By geography, the Asia Pacific dominated the global market in 2019 and is expected to keep its dominance over the forecast period. Various factors such as rapid industrialization, growing automotive sector, growth in the electronics industry particularly in China are driving the market growth in this region. China is the largest producer and consumer of magnesium and its alloys. In China, a new 100,000ton per year plant in Qinghai Province, completed in 2017 started producing magnesium from lake brines and was expected to ramp-up to full capacity by Dec 2020. Estimated production in China in 2018 decreased by approximately 15% compared with that in 2017, owing to shutdowns in the second half of the year ordered by regulators to decrease pollution and conserve energy. APAC is followed by North America and Europe. North America is expected to hold xx% of market share over the forecast period owing to the growing R&D in the aerospace and automotive sector. Increasing the use of magnesium and its alloys in the manufacturing of automotive engines, alloy wheels, and aircraft body is expected to drive the market growth in this region. The report covers in-depth analysis of key development, marketing strategies, supply-side and demand-side indicators. Key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches, and patents to increase their regional presence and business operations. The objective of the report is to present a comprehensive analysis of the Global Magnesium Metal Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Magnesium Metal Market dynamics, structure by analyzing the market segments and project Global Magnesium Metal Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Magnesium Metal Market make the report investor’s guide.

Scope of Global Magnesium Metal Market

Global Magnesium Metal Market Segmentation by Application

• Aluminium alloys • Die-casting • Automotive industry • Aerospace industry • Electronics industry

Global Magnesium Metal Market Segmentation by Region

• North America • Europe • Asia Pacific • South America • Middle East & Africa

Global Magnesium Metal Market Major Players

• VSMPO-Avisma • Solikamsk Magnesium Works • US Magnesium • Dead Sea Magnesium • Nippon Kinzoku • Sunglow Group • POSCO • Magnohrom • Nevada Clean Magnesium Inc. • Magontec Ltd. • Latrobe Magnesium Ltd. • DunAn Magnesium • FuguTongyuan • Regal Magnesium • CVM Minerals Limited • Rima Industrial • Gossan Resources Ltd • US Magnesium

Table of Contents

Global Magnesium Metal Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Magnesium Metal Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Magnesium Metal Market Analysis and Forecast 6.1. Global Magnesium Metal Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Magnesium Metal Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Magnesium Metal Market Value Share Analysis, by Application 7.4. Global Magnesium Metal Market Size (US$ Bn) Forecast, by Application 7.5. Global Magnesium Metal Market Analysis, by Application 7.6. Global Magnesium Metal Market Attractiveness Analysis, by Application 8. Global Magnesium Metal Market Analysis, by Region 8.1. Global Magnesium Metal Market Value Share Analysis, by Region 8.2. Global Magnesium Metal Market Size (US$ Bn) Forecast, by Region 8.3. Global Magnesium Metal Market Attractiveness Analysis, by Region 9. North America Magnesium Metal Market Analysis 9.1. Key Findings 9.2. North America Magnesium Metal Market Overview 9.3. North America Magnesium Metal Market Value Share Analysis, by Application 9.4. North America Magnesium Metal Market Forecast, by Application 9.4.1. Aluminium alloys 9.4.2. Die-casting 9.4.3. Automotive industry 9.4.4. Aerospace industry 9.4.5. Electronics industry 9.5. North America Magnesium Metal Market Value Share Analysis, by Country 9.6. North America Magnesium Metal Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Magnesium Metal Market Analysis, by Country 9.8. U.S. Magnesium Metal Market Forecast, by Application 9.8.1. Aluminium alloys 9.8.2. Die-casting 9.8.3. Automotive industry 9.8.4. Aerospace industry 9.8.5. Electronics industry 9.9. Canada Magnesium Metal Market Forecast, by Application 9.9.1. Aluminium alloys 9.9.2. Die-casting 9.9.3. Automotive industry 9.9.4. Aerospace industry 9.9.5. Electronics industry 9.10. North America Magnesium Metal Market Attractiveness Analysis 9.10.1. By Application 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Development 10. Europe Magnesium Metal Market Analysis 10.1. Key Findings 10.2. Europe Magnesium Metal Market Overview 10.3. Europe Magnesium Metal Market Value Share Analysis, by Application 10.4. Europe Magnesium Metal Market Forecast, by Application 10.4.1. Aluminium alloys 10.4.2. Die-casting 10.4.3. Automotive industry 10.4.4. Aerospace industry 10.4.5. Electronics industry 10.5. Europe Magnesium Metal Market Value Share Analysis, by Country 10.6. Europe Magnesium Metal Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Magnesium Metal Market Analysis, by Country 10.8. Germany Magnesium Metal Market Forecast, by Application 10.8.1. Aluminium alloys 10.8.2. Die-casting 10.8.3. Automotive industry 10.8.4. Aerospace industry 10.8.5. Electronics industry 10.9. U.K. Magnesium Metal Market Forecast, by Application 10.9.1. Aluminium alloys 10.9.2. Die-casting 10.9.3. Automotive industry 10.9.4. Aerospace industry 10.9.5. Electronics industry 10.10. France Magnesium Metal Market Forecast, by Application 10.10.1. Aluminium alloys 10.10.2. Die-casting 10.10.3. Automotive industry 10.10.4. Aerospace industry 10.10.5. Electronics industry 10.11. Italy Magnesium Metal Market Forecast, by Application 10.11.1. Aluminium alloys 10.11.2. Die-casting 10.11.3. Automotive industry 10.11.4. Aerospace industry 10.11.5. Electronics industry 10.12. Spain Magnesium Metal Market Forecast, by Application 10.12.1. Aluminium alloys 10.12.2. Die-casting 10.12.3. Automotive industry 10.12.4. Aerospace industry 10.12.5. Electronics industry 10.13. Rest of Europe Magnesium Metal Market Forecast, by Application 10.13.1. Aluminium alloys 10.13.2. Die-casting 10.13.3. Automotive industry 10.13.4. Aerospace industry 10.13.5. Electronics industry 10.14. Europe Magnesium Metal Market Attractiveness Analysis 10.14.1. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Asia Pacific Magnesium Metal Market Analysis 11.1. Key Findings 11.2. Asia Pacific Magnesium Metal Market Overview 11.3. Asia Pacific Magnesium Metal Market Value Share Analysis, by Application 11.4. Asia Pacific Magnesium Metal Market Forecast, by Application 11.4.1. Aluminium alloys 11.4.2. Die-casting 11.4.3. Automotive industry 11.4.4. Aerospace industry 11.4.5. Electronics industry 11.5. Asia Pacific Magnesium Metal Market Value Share Analysis, by Country 11.6. Asia Pacific Magnesium Metal Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Magnesium Metal Market Analysis, by Country 11.8. China Magnesium Metal Market Forecast, by Application 11.8.1. Aluminium alloys 11.8.2. Die-casting 11.8.3. Automotive industry 11.8.4. Aerospace industry 11.8.5. Electronics industry 11.9. India Magnesium Metal Market Forecast, by Application 11.9.1. Aluminium alloys 11.9.2. Die-casting 11.9.3. Automotive industry 11.9.4. Aerospace industry 11.9.5. Electronics industry 11.10. Japan Magnesium Metal Market Forecast, by Application 11.10.1. Aluminium alloys 11.10.2. Die-casting 11.10.3. Automotive industry 11.10.4. Aerospace industry 11.10.5. Electronics industry 11.11. ASEAN Magnesium Metal Market Forecast, by Application 11.11.1. Aluminium alloys 11.11.2. Die-casting 11.11.3. Automotive industry 11.11.4. Aerospace industry 11.11.5. Electronics industry 11.12. Rest of Asia Pacific Magnesium Metal Market Forecast, by Application 11.12.1. Aluminium alloys 11.12.2. Die-casting 11.12.3. Automotive industry 11.12.4. Aerospace industry 11.12.5. Electronics industry 11.13. Asia Pacific Magnesium Metal Market Attractiveness Analysis 11.13.1. By Application 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Development 12. Middle East & Africa Magnesium Metal Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Magnesium Metal Market Overview 12.3. Middle East & Africa Magnesium Metal Market Value Share Analysis, by Application 12.4. Middle East & Africa Magnesium Metal Market Forecast, by Application 12.4.1. Aluminium alloys 12.4.2. Die-casting 12.4.3. Automotive industry 12.4.4. Aerospace industry 12.4.5. Electronics industry 12.5. Middle East & Africa Magnesium Metal Market Value Share Analysis, by Country 12.6. Middle East & Africa Magnesium Metal Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Magnesium Metal Market Analysis, by Country 12.8. GCC Magnesium Metal Market Forecast, by Application 12.8.1. Aluminium alloys 12.8.2. Die-casting 12.8.3. Automotive industry 12.8.4. Aerospace industry 12.8.5. Electronics industry 12.9. South Africa Magnesium Metal Market Forecast, by Application 12.9.1. Aluminium alloys 12.9.2. Die-casting 12.9.3. Automotive industry 12.9.4. Aerospace industry 12.9.5. Electronics industry 12.10. Rest of Middle East & Africa Magnesium Metal Market Forecast, by Application 12.10.1. Aluminium alloys 12.10.2. Die-casting 12.10.3. Automotive industry 12.10.4. Aerospace industry 12.10.5. Electronics industry 12.11. Middle East & Africa Magnesium Metal Market Attractiveness Analysis 12.11.1. By Application 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Development 13. South America Magnesium Metal Market Analysis 13.1. Key Findings 13.2. South America Magnesium Metal Market Overview 13.3. South America Magnesium Metal Market Value Share Analysis, by Application 13.4. South America Magnesium Metal Market Forecast, by Application 13.4.1. Aluminium alloys 13.4.2. Die-casting 13.4.3. Automotive industry 13.4.4. Aerospace industry 13.4.5. Electronics industry 13.5. South America Magnesium Metal Market Value Share Analysis, by Country 13.6. South America Magnesium Metal Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Magnesium Metal Market Analysis, by Country 13.8. Brazil Magnesium Metal Market Forecast, by Application 13.8.1. Aluminium alloys 13.8.2. Die-casting 13.8.3. Automotive industry 13.8.4. Aerospace industry 13.8.5. Electronics industry 13.9. Mexico Magnesium Metal Market Forecast, by Application 13.9.1. Aluminium alloys 13.9.2. Die-casting 13.9.3. Automotive industry 13.9.4. Aerospace industry 13.9.5. Electronics industry 13.10. Rest of South America Magnesium Metal Market Forecast, by Application 13.10.1. Aluminium alloys 13.10.2. Die-casting 13.10.3. Automotive industry 13.10.4. Aerospace industry 13.10.5. Electronics industry 13.11. South America Magnesium Metal Market Attractiveness Analysis 13.11.1. By Application 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Development 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Applications 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. VSMPO-Avisma 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Company Footprint 14.3.2. Solikamsk Magnesium Works 14.3.3. US Magnesium 14.3.4. Dead Sea Magnesium 14.3.5. Nippon Kinzoku 14.3.6. Sunglow Group 14.3.7. POSCO 14.3.8. Magnohrom 14.3.9. Nevada Clean Magnesium Inc. 14.3.10. Magontec Ltd. 14.3.11. Latrobe Magnesium Ltd. 14.3.12. DunAn Magnesium 14.3.13. FuguTongyuan 14.3.14. Regal Magnesium 14.3.15. CVM Minerals Limited 14.3.16. Rima Industrial 14.3.17. Gossan Resources Ltd 14.3.18. US Magnesium

About This Report

Report ID 65286
Category Material & Chemical
Published Date June 2020
No of Pages 187
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