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Magnesium Market 2025-2029- Product Image
Magnesium Market 2025-2029- Product Image
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Magnesium Market 2025-2029

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    Report

  • 210 Pages
  • January 2025
  • Region: Global
  • TechNavio
  • ID: 5027215
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The magnesium market is forecasted to grow by USD 1.77 billion during 2024-2029, accelerating at a CAGR of 5.7% during the forecast period. The report on the magnesium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for steel from various end-use industries, use of lightweight materials in automotive industry, and china accounts for high production of magnesium.

The magnesium market is segmented as below:

By Application

  • Die castings
  • Aluminum alloys
  • Iron and steel desulfurization
  • Others

By End-user

  • Aerospace
  • Automotive
  • Electronics
  • Medical
  • Others

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the new production facilities in the US and canada as one of the prime reasons driving the magnesium market growth during the next few years. Also, use of magnesium-based materials in orthopedic implants and emergence of magnesium batteries with enhanced energy storage capabilities will lead to sizable demand in the market.

The report on the magnesium market covers the following areas:

  • Magnesium Market sizing
  • Magnesium Market forecast
  • Magnesium Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading magnesium market vendors that include Eczacibasi Holding AS, ICL Group Ltd., Latrobe Magnesium Ltd., Mag Specialties Inc., MAGONTEC Ltd., Meridian Lightweight Technologies Inc., NIPPON KINZOKU co. ltd., POSCO holdings Inc., RIMA INDUSTRIAL, Shaanxi Tianyu Magnesium Group Co. Ltd., Shanghai Regal Metal Materials Co. Ltd., Shanxi Bada Magnesium Co. Ltd., Shanxi Yinguang Huasheng Magnesium Co. Ltd., Smiths Metal Centres Ltd., Southern Magnesium and Chemicals Ltd., Stolfig Leichtbau Kompetenzzentrum GmbH, Thermo Fisher Scientific Inc., Tongxiang Magnesium (Shanghai) Co. Ltd., US Magnesium LLC, VSMPO-AVISMA Corp., West High Yield Resources, and Western Magnesium Corp. Also, the magnesium market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Magnesium Market 2019 - 2023
Historic Market Size - Data Table on Global Magnesium Market 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.5 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Global Magnesium Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Die castings - Market size and forecast 2024-2029
Chart on Die castings - Market size and forecast 2024-2029 ($ million)
Data Table on Die castings - Market size and forecast 2024-2029 ($ million)
Chart on Die castings - Year-over-year growth 2024-2029 (%)
Data Table on Die castings - Year-over-year growth 2024-2029 (%)
8.4 Aluminum alloys - Market size and forecast 2024-2029
Chart on Aluminum alloys - Market size and forecast 2024-2029 ($ million)
Data Table on Aluminum alloys - Market size and forecast 2024-2029 ($ million)
Chart on Aluminum alloys - Year-over-year growth 2024-2029 (%)
Data Table on Aluminum alloys - Year-over-year growth 2024-2029 (%)
8.5 Iron and steel desulfurization - Market size and forecast 2024-2029
Chart on Iron and steel desulfurization - Market size and forecast 2024-2029 ($ million)
Data Table on Iron and steel desulfurization - Market size and forecast 2024-2029 ($ million)
Chart on Iron and steel desulfurization - Year-over-year growth 2024-2029 (%)
Data Table on Iron and steel desulfurization - Year-over-year growth 2024-2029 (%)
8.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Aerospace - Market size and forecast 2024-2029
Chart on Aerospace - Market size and forecast 2024-2029 ($ million)
Data Table on Aerospace - Market size and forecast 2024-2029 ($ million)
Chart on Aerospace - Year-over-year growth 2024-2029 (%)
Data Table on Aerospace - Year-over-year growth 2024-2029 (%)
9.4 Automotive - Market size and forecast 2024-2029
Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Chart on Automotive - Year-over-year growth 2024-2029 (%)
Data Table on Automotive - Year-over-year growth 2024-2029 (%)
9.5 Electronics - Market size and forecast 2024-2029
Chart on Electronics - Market size and forecast 2024-2029 ($ million)
Data Table on Electronics - Market size and forecast 2024-2029 ($ million)
Chart on Electronics - Year-over-year growth 2024-2029 (%)
Data Table on Electronics - Year-over-year growth 2024-2029 (%)
9.6 Medical - Market size and forecast 2024-2029
Chart on Medical - Market size and forecast 2024-2029 ($ million)
Data Table on Medical - Market size and forecast 2024-2029 ($ million)
Chart on Medical - Year-over-year growth 2024-2029 (%)
Data Table on Medical - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.5 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
11.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
11.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
11.9 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
11.10 Russia - Market size and forecast 2024-2029
Chart on Russia - Market size and forecast 2024-2029 ($ million)
Data Table on Russia - Market size and forecast 2024-2029 ($ million)
Chart on Russia - Year-over-year growth 2024-2029 (%)
Data Table on Russia - Year-over-year growth 2024-2029 (%)
11.11 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ million)
Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
11.12 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.13 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
11.14 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.15 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.16 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Eczacibasi Holding AS
Eczacibasi Holding AS - Overview
Eczacibasi Holding AS - Product/Service
Eczacibasi Holding AS - Key offerings
SWOT
14.5 ICL Group Ltd.
ICL Group Ltd. - Overview
ICL Group Ltd. - Business segments
ICL Group Ltd. - Key offerings
ICL Group Ltd. - Segment focus
SWOT
14.6 Latrobe Magnesium Ltd.
Latrobe Magnesium Ltd. - Overview
Latrobe Magnesium Ltd. - Product/Service
Latrobe Magnesium Ltd. - Key offerings
SWOT
14.7 Mag Specialties Inc.
Mag Specialties Inc. - Overview
Mag Specialties Inc. - Product/Service
Mag Specialties Inc. - Key offerings
SWOT
14.8 MAGONTEC Ltd.
MAGONTEC Ltd. - Overview
MAGONTEC Ltd. - Product/Service
MAGONTEC Ltd. - Key offerings
SWOT
14.9 Meridian Lightweight Technologies Inc.
Meridian Lightweight Technologies Inc. - Overview
Meridian Lightweight Technologies Inc. - Product/Service
Meridian Lightweight Technologies Inc. - Key offerings
SWOT
14.10 NIPPON KINZOKU co. ltd.
NIPPON KINZOKU co. ltd. - Overview
NIPPON KINZOKU co. ltd. - Product/Service
NIPPON KINZOKU co. ltd. - Key offerings
SWOT
14.11 POSCO holdings Inc.
POSCO holdings Inc. - Overview
POSCO holdings Inc. - Product/Service
POSCO holdings Inc. - Key offerings
SWOT
14.12 RIMA INDUSTRIAL
RIMA INDUSTRIAL - Overview
RIMA INDUSTRIAL - Product/Service
RIMA INDUSTRIAL - Key offerings
SWOT
14.13 Shaanxi Tianyu Magnesium Group Co. Ltd.
Shaanxi Tianyu Magnesium Group Co. Ltd. - Overview
Shaanxi Tianyu Magnesium Group Co. Ltd. - Product/Service
Shaanxi Tianyu Magnesium Group Co. Ltd. - Key offerings
SWOT
14.14 Shanxi Yinguang Huasheng Magnesium Co. Ltd.
Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Overview
Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Product/Service
Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Key offerings
SWOT
14.15 Smiths Metal Centres Ltd.
Smiths Metal Centres Ltd. - Overview
Smiths Metal Centres Ltd. - Product/Service
Smiths Metal Centres Ltd. - Key offerings
SWOT
14.16 US Magnesium LLC
US Magnesium LLC - Overview
US Magnesium LLC - Product/Service
US Magnesium LLC - Key offerings
SWOT
14.17 VSMPO-AVISMA Corp.
VSMPO-AVISMA Corp. - Overview
VSMPO-AVISMA Corp. - Product/Service
VSMPO-AVISMA Corp. - Key offerings
SWOT
14.18 Western Magnesium Corp.
Western Magnesium Corp. - Overview
Western Magnesium Corp. - Product/Service
Western Magnesium Corp. - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2024 and 2029
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value chain analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 21: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 23: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Historic Market Size - Data Table on Global Magnesium Market 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 29: Five forces analysis - Comparison between 2024 and 2029
Exhibits 30: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 31: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 32: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 33: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 35: Chart on Market condition - Five forces 2024 and 2029
Exhibits 36: Chart on Application - Market share 2024-2029 (%)
Exhibits 37: Data Table on Application - Market share 2024-2029 (%)
Exhibits 38: Chart on Comparison by Application
Exhibits 39: Data Table on Comparison by Application
Exhibits 40: Chart on Die castings - Market size and forecast 2024-2029 ($ million)
Exhibits 41: Data Table on Die castings - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Chart on Die castings - Year-over-year growth 2024-2029 (%)
Exhibits 43: Data Table on Die castings - Year-over-year growth 2024-2029 (%)
Exhibits 44: Chart on Aluminum alloys - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Data Table on Aluminum alloys - Market size and forecast 2024-2029 ($ million)
Exhibits 46: Chart on Aluminum alloys - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on Aluminum alloys - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on Iron and steel desulfurization - Market size and forecast 2024-2029 ($ million)
Exhibits 49: Data Table on Iron and steel desulfurization - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Chart on Iron and steel desulfurization - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on Iron and steel desulfurization - Year-over-year growth 2024-2029 (%)
Exhibits 52: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 55: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 56: Market opportunity by Application ($ million)
Exhibits 57: Data Table on Market opportunity by Application ($ million)
Exhibits 58: Chart on End-user - Market share 2024-2029 (%)
Exhibits 59: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 60: Chart on Comparison by End-user
Exhibits 61: Data Table on Comparison by End-user
Exhibits 62: Chart on Aerospace - Market size and forecast 2024-2029 ($ million)
Exhibits 63: Data Table on Aerospace - Market size and forecast 2024-2029 ($ million)
Exhibits 64: Chart on Aerospace - Year-over-year growth 2024-2029 (%)
Exhibits 65: Data Table on Aerospace - Year-over-year growth 2024-2029 (%)
Exhibits 66: Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits 68: Chart on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits 69: Data Table on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits 70: Chart on Electronics - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Data Table on Electronics - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Chart on Electronics - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on Electronics - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on Medical - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on Medical - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on Medical - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Medical - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 82: Market opportunity by End-user ($ million)
Exhibits 83: Data Table on Market opportunity by End-user ($ million)
Exhibits 84: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 85: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 86: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 87: Chart on Geographic comparison
Exhibits 88: Data Table on Geographic comparison
Exhibits 89: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 90: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 91: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 95: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on Russia - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on Russia - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on Russia - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on Russia - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on Australia - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on Australia - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 149: Market opportunity By Geographical Landscape ($ million)
Exhibits 150: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 151: Impact of drivers and challenges in 2024 and 2029
Exhibits 152: Overview on criticality of inputs and factors of differentiation
Exhibits 153: Overview on factors of disruption
Exhibits 154: Impact of key risks on business
Exhibits 155: Companies covered
Exhibits 156: Company ranking index
Exhibits 157: Matrix on companies position and classification
Exhibits 158: Eczacibasi Holding AS - Overview
Exhibits 159: Eczacibasi Holding AS - Product/Service
Exhibits 160: Eczacibasi Holding AS - Key offerings
Exhibits 161: SWOT
Exhibits 162: ICL Group Ltd. - Overview
Exhibits 163: ICL Group Ltd. - Business segments
Exhibits 164: ICL Group Ltd. - Key offerings
Exhibits 165: ICL Group Ltd. - Segment focus
Exhibits 166: SWOT
Exhibits 167: Latrobe Magnesium Ltd. - Overview
Exhibits 168: Latrobe Magnesium Ltd. - Product/Service
Exhibits 169: Latrobe Magnesium Ltd. - Key offerings
Exhibits 170: SWOT
Exhibits 171: Mag Specialties Inc. - Overview
Exhibits 172: Mag Specialties Inc. - Product/Service
Exhibits 173: Mag Specialties Inc. - Key offerings
Exhibits 174: SWOT
Exhibits 175: MAGONTEC Ltd. - Overview
Exhibits 176: MAGONTEC Ltd. - Product/Service
Exhibits 177: MAGONTEC Ltd. - Key offerings
Exhibits 178: SWOT
Exhibits 179: Meridian Lightweight Technologies Inc. - Overview
Exhibits 180: Meridian Lightweight Technologies Inc. - Product/Service
Exhibits 181: Meridian Lightweight Technologies Inc. - Key offerings
Exhibits 182: SWOT
Exhibits 183: NIPPON KINZOKU co. ltd. - Overview
Exhibits 184: NIPPON KINZOKU co. ltd. - Product/Service
Exhibits 185: NIPPON KINZOKU co. ltd. - Key offerings
Exhibits 186: SWOT
Exhibits 187: POSCO holdings Inc. - Overview
Exhibits 188: POSCO holdings Inc. - Product/Service
Exhibits 189: POSCO holdings Inc. - Key offerings
Exhibits 190: SWOT
Exhibits 191: RIMA INDUSTRIAL - Overview
Exhibits 192: RIMA INDUSTRIAL - Product/Service
Exhibits 193: RIMA INDUSTRIAL - Key offerings
Exhibits 194: SWOT
Exhibits 195: Shaanxi Tianyu Magnesium Group Co. Ltd. - Overview
Exhibits 196: Shaanxi Tianyu Magnesium Group Co. Ltd. - Product/Service
Exhibits 197: Shaanxi Tianyu Magnesium Group Co. Ltd. - Key offerings
Exhibits 198: SWOT
Exhibits 199: Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Overview
Exhibits 200: Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Product/Service
Exhibits 201: Shanxi Yinguang Huasheng Magnesium Co. Ltd. - Key offerings
Exhibits 202: SWOT
Exhibits 203: Smiths Metal Centres Ltd. - Overview
Exhibits 204: Smiths Metal Centres Ltd. - Product/Service
Exhibits 205: Smiths Metal Centres Ltd. - Key offerings
Exhibits 206: SWOT
Exhibits 207: US Magnesium LLC - Overview
Exhibits 208: US Magnesium LLC - Product/Service
Exhibits 209: US Magnesium LLC - Key offerings
Exhibits 210: SWOT
Exhibits 211: VSMPO-AVISMA Corp. - Overview
Exhibits 212: VSMPO-AVISMA Corp. - Product/Service
Exhibits 213: VSMPO-AVISMA Corp. - Key offerings
Exhibits 214: SWOT
Exhibits 215: Western Magnesium Corp. - Overview
Exhibits 216: Western Magnesium Corp. - Product/Service
Exhibits 217: Western Magnesium Corp. - Key offerings
Exhibits 218: SWOT
Exhibits 219: Inclusions checklist
Exhibits 220: Exclusions checklist
Exhibits 221: Currency conversion rates for US$
Exhibits 222: Research methodology
Exhibits 223: Information sources
Exhibits 224: Data validation
Exhibits 225: Validation techniques employed for market sizing
Exhibits 226: Data synthesis
Exhibits 227: 360 degree market analysis
Exhibits 228: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global magnesium market: Eczacibasi Holding AS, ICL Group Ltd., Latrobe Magnesium Ltd., Mag Specialties Inc., MAGONTEC Ltd., Meridian Lightweight Technologies Inc., NIPPON KINZOKU co. ltd., POSCO holdings Inc., RIMA INDUSTRIAL, Shaanxi Tianyu Magnesium Group Co. Ltd., Shanghai Regal Metal Materials Co. Ltd., Shanxi Bada Magnesium Co. Ltd., Shanxi Yinguang Huasheng Magnesium Co. Ltd., Smiths Metal Centres Ltd., Southern Magnesium and Chemicals Ltd., Stolfig Leichtbau Kompetenzzentrum GmbH, Thermo Fisher Scientific Inc., Tongxiang Magnesium (Shanghai) Co. Ltd., US Magnesium LLC, VSMPO-AVISMA Corp., West High Yield Resources, and Western Magnesium Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is new production facilities in us and canada."

According to the report, one of the major drivers for this market is the high demand for steel from various end-use industries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Eczacibasi Holding AS
  • ICL Group Ltd.
  • Latrobe Magnesium Ltd.
  • Mag Specialties Inc.
  • MAGONTEC Ltd.
  • Meridian Lightweight Technologies Inc.
  • NIPPON KINZOKU co. ltd.
  • POSCO holdings Inc.
  • RIMA INDUSTRIAL
  • Shaanxi Tianyu Magnesium Group Co. Ltd.
  • Shanghai Regal Metal Materials Co. Ltd.
  • Shanxi Bada Magnesium Co. Ltd.
  • Shanxi Yinguang Huasheng Magnesium Co. Ltd.
  • Smiths Metal Centres Ltd.
  • Southern Magnesium and Chemicals Ltd.
  • Stolfig Leichtbau Kompetenzzentrum GmbH
  • Thermo Fisher Scientific Inc.
  • Tongxiang Magnesium (Shanghai) Co. Ltd.
  • US Magnesium LLC
  • VSMPO-AVISMA Corp.
  • West High Yield Resources
  • Western Magnesium Corp.

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