Global Magnesium Market 2021-2025 - Research and Markets

The publisher has been monitoring the magnesium market and it is poised to grow by $844.74 mn during 2021-2025, progressing at a CAGR of 5.50% 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand for steel from various end-use industries and the use of lightweight materials in the automotive industry.

The magnesium market analysis includes the application segment and geographic landscape.

The magnesium market is segmented as below:

By Application

Die Castings
Aluminum Alloys
Iron and Steel Desulfurization
Others

By Geographical Landscape

APAC
Europe
North America
South America
MEA

This study identifies the high production of magnesium in China as one of the prime reasons driving the magnesium market growth during the next few years.

The report on magnesium market covers the following areas:

Magnesium market sizing
Magnesium market forecast
Magnesium market industry analysis

The robust vendor analysis 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 China Magnesium Corp., ICL Group Ltd, Latrobe Magnesium Ltd., Magontec Ltd., POSCO, Rima Group, Shaanxi Tianyu Magnesium Industry Group Co. Ltd., US Magnesium LLC, VSMPO-AVISMA Corp., 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 publisher 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 research - both primary and secondary. 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 the accurate market growth.

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Die Castings - Market size and forecast 2020-2025
Aluminum Alloys - Market size and forecast 2020-2025
Iron and Steel Desulfurization - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by Application

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity By Geographical Landscape
Market drivers
Market challenges
Market trends

Vendor Landscape

Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
China Magnesium Corp.
ICL Group Ltd
Latrobe Magnesium Ltd.
Magontec Ltd.
POSCO
Rima Group
Shaanxi Tianyu Magnesium Industry Group Co. Ltd.
US Magnesium LLC
VSMPO-AVISMA Corp.
Western Magnesium Corp.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits

Key Finding 1
Key Finding 2
Key Finding 3
Key Finding 5
Key Finding 6
Key Finding 7
Key Finding 8
Parent market
Market characteristics
Offerings of vendors included in the market definition
Market segments
Global - Market size and forecast 2020 - 2025 ($ million)
Global market: Year-over-year growth 2020 - 2025 (%)
Five forces analysis 2020 & 2025
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition - Five forces 2020
Application - Market share 2020-2025 (%)
Comparison by Application
Die Castings - Market size and forecast 2020-2025 ($ million)
Die Castings - Year-over-year growth 2020-2025 (%)
Aluminum Alloys - Market size and forecast 2020-2025 ($ million)
Aluminum Alloys - Year-over-year growth 2020-2025 (%)
Iron & Steel Desulfurization - Market size and forecast 2020-2025 ($ million)
Iron & Steel Desulfurization - Year-over-year growth 2020-2025 (%)
Others - Market size and forecast 2020-2025 ($ million)
Others - Year-over-year growth 2020-2025 (%)
Market opportunity by Application
Customer landscape
Market share By Geographical Landscape 2020-2025 (%)
Geographic comparison
APAC - Market size and forecast 2020-2025 ($ million)
APAC - Year-over-year growth 2020-2025 (%)
Europe - Market size and forecast 2020-2025 ($ million)
Europe - Year-over-year growth 2020-2025 (%)
North America - Market size and forecast 2020-2025 ($ million)
North America - Year-over-year growth 2020-2025 (%)
South America - Market size and forecast 2020-2025 ($ million)
South America - Year-over-year growth 2020-2025 (%)
MEA - Market size and forecast 2020-2025 ($ million)
MEA - Year-over-year growth 2020-2025 (%)
Key leading countries
Market opportunity By Geographical Landscape ($ million)
Impact of drivers and challenges
Vendor landscape
Landscape disruption
Industry risks
Vendors covered
Market positioning of vendors
China Magnesium Corp. - Overview
China Magnesium Corp. - Product and service
China Magnesium Corp. - Key offerings
China Magnesium Corp. - Key customers
China Magnesium Corp. - Segment focus
ICL Group Ltd - Overview
ICL Group Ltd - Business segments
ICL Group Ltd - Key offerings
ICL Group Ltd - Key customers
ICL Group Ltd - Segment focus
Latrobe Magnesium Ltd. - Overview
Latrobe Magnesium Ltd. - Product and service
Latrobe Magnesium Ltd. - Key offerings
Latrobe Magnesium Ltd. - Key customers
Latrobe Magnesium Ltd. - Segment focus
Magontec Ltd. - Overview
Magontec Ltd. - Business segments
Magontec Ltd. - Key offerings
Magontec Ltd. - Key customers
Magontec Ltd. - Segment focus
POSCO - Overview
POSCO - Business segments
POSCO - Key offerings
POSCO - Key customers
POSCO - Segment focus
Rima Group - Overview
Rima Group - Product and service
Rima Group - Key offerings
Rima Group - Key customers
Rima Group - Segment focus
Shaanxi Tianyu Magnesium Industry Group Co. Ltd. - Overview
Shaanxi Tianyu Magnesium Industry Group Co. Ltd. - Product and service
Shaanxi Tianyu Magnesium Industry Group Co. Ltd. - Key offerings
Shaanxi Tianyu Magnesium Industry Group Co. Ltd. - Key customers
Shaanxi Tianyu Magnesium Industry Group Co. Ltd. - Segment focus
US Magnesium LLC - Overview
US Magnesium LLC - Product and service
US Magnesium LLC - Key offerings
US Magnesium LLC - Key customers
US Magnesium LLC - Segment focus
VSMPO-AVISMA Corp. - Overview
VSMPO-AVISMA Corp. - Product and service
VSMPO-AVISMA Corp. - Key offerings
VSMPO-AVISMA Corp. - Key customers
VSMPO-AVISMA Corp. - Segment focus
Western Magnesium Corp. - Overview
Western Magnesium Corp. - Product and service
Western Magnesium Corp. - Key offerings
Western Magnesium Corp. - Key customers
Western Magnesium Corp. - Segment focus
Currency conversion rates for US$
Research Methodology
Validation techniques employed for market sizing
Information sources
List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global magnesium market: China Magnesium Corp., ICL Group Ltd, Latrobe Magnesium Ltd., Magontec Ltd., POSCO, Rima Group, Shaanxi Tianyu Magnesium Industry Group Co. Ltd., US Magnesium LLC, VSMPO-AVISMA Corp., and Western Magnesium Corp.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is high production of magnesium in China.`

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.