Magnesium Metal Market Analysis, Share, and Trends Taiyuan Tongxiang Magnesium Co., Ltd, U.S. Magnesium LLC, Latrobe Magnesium
Magnesium Metal Market Magnesium Metal is projected to be worth USD 401 million by 2030, registering a CAGR of 7.20% during the forecast period (2022–2030). Market Research Future (MRFR) revealed that the market could benefit from the beneficial features of magnesium like low weight and high compressive strength. These make the metal an ideal choice in the manufacturing of various parts of a car. Segmentation: The global market report on the Magnesium Metal industry includes a proper segmentation on the basis of types and end-use industries. Data gathered from these segments are expected to provide support during the development of strategic moves. By manufacturing process, the market report on the global magnesium metal market includes electrolytic process, thermal reduction process, and recycling. By products, the report on the global magnesium metal market includes magnesium compounds, pure magnesium, and magnesium alloys. By end-use industry, the study on the ...