Global Magnesium Market 2016-2020

About Magnesium

Magnesium is the third most abundant metal found in the earth’s crust with a valence of two, and 1s2, 2s2, 2p6, 3s2, 3p6, 3d5, and 4s2 electron configurations. It belongs to 2A group of the periodic table with atomic number 12. It occurs in three isotopes: 24Mg, 25Mg, and 26Mg. Magnesium bonds with other elements very easily and is rarely found in the pure form. Magnesium is found in deposits of more than 60 minerals out of which brucite, carnallite, dolomite, magnesite, olivine, and talc are of commercial importance.

Technavio’s analysts forecast the global magnesium market to grow at a CAGR of 5.73% by volume during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global magnesium market for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of magnesium for applications such as aluminum alloys, die casting, titanium refining, steel desulfurization, and nodular cast iron.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• ROW

Technavio's report, Global Magnesium Market 2016-2020, 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.

Key vendors
• Ningxia Hui-Ye Magnesium Marketing
• POSCO
• Shaanxi Fugu Tianyu Mineral Industry
• US Magnesium
• Wenxi YinGuang Magnesium Industry

Other prominent vendors
• Dead Sea Magnesium
• Rima
• Solikamsk magnesium works
• VSMPO-AVISMA

Market driver
• Weight reduction strategy in automotive sector
• For a full, detailed list, view our report

Market challenge
• Problems with cast microstructure, microstructural homogeneity, and process reliability
• For a full, detailed list, view our report

Market trend
• Emerging applications in medical and automotive sectors
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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