Global Magnesium Market 2018-2022 - ResearchAndMarkets.com

DUBLIN--()--The "Global Magnesium Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global magnesium market to grow at a CAGR of 5.92% during the period 2018-2022.

Global Magnesium Market 2018-2022 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the growth generated by applications such as aluminium alloys, die castings, steel desulfurization, titanium refining, and other segments.

The setting up of new production facilities in Canada will be a key trend for the market growth. China is the primary producer of magnesium and consequently, anti-dumping duties were imposed to curb the imports from China and increase domestic participation. To reduce the dependence on China, magnesium production will increase in Canada.

According to the report, the high demand for steel from various end-users will drive the market growth. The demand for steel products is increasing steadily in various end-user industries due to their properties such as innovative use, recyclability, and sustainability. Magnesium is widely used in steel desulfurization.

Further, the report states that the availability of substitutes will impact the market growth. As magnesium is a very light metal, aluminium and zinc can be used as substitutes in castings and wrought metal products. Also, the high cost of magnesium impels the manufacturers to utilize aluminium and zinc.

Key vendors

  • ICL (Dead Sea Magnesium)
  • Ningxia Hui-Ye Magnesium Marketing Group
  • POSCO
  • Shaanxi Fugu Tianyu Mineral Industrial Group
  • US Magnesium (The Renco Group)
  • Wenxi YinGuang Magnesium Industry

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Application

Part 08: Customer Landscape

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/cr98s5/global_magnesium?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Non Ferrous Metals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Non Ferrous Metals