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Global Magnesium and Magnesium Alloy Market Research Report 2025
Published Date: March 2025
|
Report Code: QYRE-Auto-38T9399
Home | Market Reports | Business & Industrial| Metals & Mining
Global Magnesium and Magnesium Alloy Market Insights and Forecast to 2028
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Global Magnesium and Magnesium Alloy Market Research Report 2025

Code: QYRE-Auto-38T9399
Report
March 2025
Pages:98
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
U.S. Magnesium
Yunhai Special Metals
Regal Magnesium
Yinguang Huasheng Magnesium
Luxfer
Dead sea Magnesium
Magontec
Zhenxin Magnesium
Shanxi Bada Magnesium
Huashun Magnesium
Shaanxi Tianyu Magnesium

Magnesium and Magnesium Alloy Market Size

The global market for Magnesium and Magnesium Alloy was valued at US$ 1970 million in the year 2024 and is projected to reach a revised size of US$ 2589 million by 2031, growing at a CAGR of 4.0% during the forecast period.

Magnesium and Magnesium Alloy Market

Magnesium and Magnesium Alloy Market

Magnesium (Mg) is the eighth most abundant element and constitutes about 2% of the Earth"s crust, and it is the third most plentiful element dissolved in seawater. The application of magnesium metal is mainly concentrated in magnesium alloy production, steelmaking desulfurization, corrosion protection and other fields.
Magnesium alloys are mixtures of magnesium with other metals (called an alloy), often aluminum, zinc, manganese, silicon, copper, rare earths and zirconium. Magnesium alloy is the largest market of Magnesium metal with more than 38.64% share in 2022.
Global key players of magnesium and magnesium alloy include Yunhai Special Metals, Regal Magnesium, Magontec, U.S. Magnesium, etc. The top four players hold a share over 50%.
China is the largest producer, has a share about 66%.
In terms of product type, cast alloys is the largest segment, occupied for a share of 77%, and in terms of application, automotive and transportation has a share about 63 percent.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Magnesium and Magnesium Alloy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium and Magnesium Alloy.
The Magnesium and Magnesium Alloy market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Magnesium and Magnesium Alloy market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnesium and Magnesium Alloy manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Magnesium and Magnesium Alloy Market Report

Report Metric Details
Report Name Magnesium and Magnesium Alloy Market
Accounted market size in year US$ 1970 million
Forecasted market size in 2031 US$ 2589 million
CAGR 4.0%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Cast Alloys
  • Wrought Alloys
  • Others
by Application
  • Automotive and Transportation
  • Consumer Electronics
  • Aerospace and Defense
  • Others
Production by Region
  • North America
  • Europe
  • China
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Luxfer, U.S. Magnesium, Dead Sea Magnesium, Yunhai Special Metals, Regal Magnesium, Magontec, Zhenxin Magnesium, Shanxi Bada Magnesium, Yinguang Huasheng Magnesium, Huashun Magnesium, Shaanxi Tianyu Magnesium
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Magnesium and Magnesium Alloy manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Magnesium and Magnesium Alloy by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Magnesium and Magnesium Alloy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Magnesium and Magnesium Alloy Market growing?

Ans: The Magnesium and Magnesium Alloy Market witnessing a CAGR of 4.0% during the forecast period 2025-2031.

What is the Magnesium and Magnesium Alloy Market size in 2031?

Ans: The Magnesium and Magnesium Alloy Market size in 2031 will be US$ 2589 million.

What is the market share of major companies in Magnesium and Magnesium Alloy Market?

Ans: The top four players hold a share over 50%.

What is the Magnesium and Magnesium Alloy Market production share by region?

Ans: China is the largest producer, has a share about 66%.

What is the Magnesium and Magnesium Alloy Market share by type?

Ans: In terms of product type, cast alloys is the largest segment, occupied for a share of 77%, and in terms of application, automotive and transportation has a share about 63 percent.

Who are the main players in the Magnesium and Magnesium Alloy Market report?

Ans: The main players in the Magnesium and Magnesium Alloy Market are Luxfer, U.S. Magnesium, Dead Sea Magnesium, Yunhai Special Metals, Regal Magnesium, Magontec, Zhenxin Magnesium, Shanxi Bada Magnesium, Yinguang Huasheng Magnesium, Huashun Magnesium, Shaanxi Tianyu Magnesium

What are the Application segmentation covered in the Magnesium and Magnesium Alloy Market report?

Ans: The Applications covered in the Magnesium and Magnesium Alloy Market report are Automotive and Transportation, Consumer Electronics, Aerospace and Defense, Others

What are the Type segmentation covered in the Magnesium and Magnesium Alloy Market report?

Ans: The Types covered in the Magnesium and Magnesium Alloy Market report are Cast Alloys, Wrought Alloys, Others

Recommended Reports

Magnesium Alloys

Magnesium Components

Advanced Mg Materials

1 Magnesium and Magnesium Alloy Market Overview
1.1 Product Definition
1.2 Magnesium and Magnesium Alloy by Type
1.2.1 Global Magnesium and Magnesium Alloy Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Cast Alloys
1.2.3 Wrought Alloys
1.2.4 Others
1.3 Magnesium and Magnesium Alloy by Application
1.3.1 Global Magnesium and Magnesium Alloy Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Automotive and Transportation
1.3.3 Consumer Electronics
1.3.4 Aerospace and Defense
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Magnesium and Magnesium Alloy Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Magnesium and Magnesium Alloy Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Magnesium and Magnesium Alloy Production Estimates and Forecasts (2020-2031)
1.4.4 Global Magnesium and Magnesium Alloy Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Magnesium and Magnesium Alloy Production Market Share by Manufacturers (2020-2025)
2.2 Global Magnesium and Magnesium Alloy Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Magnesium and Magnesium Alloy, Industry Ranking, 2023 VS 2024
2.4 Global Magnesium and Magnesium Alloy Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Magnesium and Magnesium Alloy Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Magnesium and Magnesium Alloy, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Magnesium and Magnesium Alloy, Product Offered and Application
2.8 Global Key Manufacturers of Magnesium and Magnesium Alloy, Date of Enter into This Industry
2.9 Magnesium and Magnesium Alloy Market Competitive Situation and Trends
2.9.1 Magnesium and Magnesium Alloy Market Concentration Rate
2.9.2 Global 5 and 10 Largest Magnesium and Magnesium Alloy Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Magnesium and Magnesium Alloy Production by Region
3.1 Global Magnesium and Magnesium Alloy Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Magnesium and Magnesium Alloy Production Value by Region (2020-2031)
3.2.1 Global Magnesium and Magnesium Alloy Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Magnesium and Magnesium Alloy by Region (2026-2031)
3.3 Global Magnesium and Magnesium Alloy Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Magnesium and Magnesium Alloy Production Volume by Region (2020-2031)
3.4.1 Global Magnesium and Magnesium Alloy Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Magnesium and Magnesium Alloy by Region (2026-2031)
3.5 Global Magnesium and Magnesium Alloy Market Price Analysis by Region (2020-2025)
3.6 Global Magnesium and Magnesium Alloy Production and Value, Year-over-Year Growth
3.6.1 North America Magnesium and Magnesium Alloy Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Magnesium and Magnesium Alloy Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Magnesium and Magnesium Alloy Production Value Estimates and Forecasts (2020-2031)
4 Magnesium and Magnesium Alloy Consumption by Region
4.1 Global Magnesium and Magnesium Alloy Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Magnesium and Magnesium Alloy Consumption by Region (2020-2031)
4.2.1 Global Magnesium and Magnesium Alloy Consumption by Region (2020-2025)
4.2.2 Global Magnesium and Magnesium Alloy Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Magnesium and Magnesium Alloy Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Magnesium and Magnesium Alloy Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Magnesium and Magnesium Alloy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Magnesium and Magnesium Alloy Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Magnesium and Magnesium Alloy Production by Type (2020-2031)
5.1.1 Global Magnesium and Magnesium Alloy Production by Type (2020-2025)
5.1.2 Global Magnesium and Magnesium Alloy Production by Type (2026-2031)
5.1.3 Global Magnesium and Magnesium Alloy Production Market Share by Type (2020-2031)
5.2 Global Magnesium and Magnesium Alloy Production Value by Type (2020-2031)
5.2.1 Global Magnesium and Magnesium Alloy Production Value by Type (2020-2025)
5.2.2 Global Magnesium and Magnesium Alloy Production Value by Type (2026-2031)
5.2.3 Global Magnesium and Magnesium Alloy Production Value Market Share by Type (2020-2031)
5.3 Global Magnesium and Magnesium Alloy Price by Type (2020-2031)
6 Segment by Application
6.1 Global Magnesium and Magnesium Alloy Production by Application (2020-2031)
6.1.1 Global Magnesium and Magnesium Alloy Production by Application (2020-2025)
6.1.2 Global Magnesium and Magnesium Alloy Production by Application (2026-2031)
6.1.3 Global Magnesium and Magnesium Alloy Production Market Share by Application (2020-2031)
6.2 Global Magnesium and Magnesium Alloy Production Value by Application (2020-2031)
6.2.1 Global Magnesium and Magnesium Alloy Production Value by Application (2020-2025)
6.2.2 Global Magnesium and Magnesium Alloy Production Value by Application (2026-2031)
6.2.3 Global Magnesium and Magnesium Alloy Production Value Market Share by Application (2020-2031)
6.3 Global Magnesium and Magnesium Alloy Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Luxfer
7.1.1 Luxfer Magnesium and Magnesium Alloy Company Information
7.1.2 Luxfer Magnesium and Magnesium Alloy Product Portfolio
7.1.3 Luxfer Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Luxfer Main Business and Markets Served
7.1.5 Luxfer Recent Developments/Updates
7.2 U.S. Magnesium
7.2.1 U.S. Magnesium Magnesium and Magnesium Alloy Company Information
7.2.2 U.S. Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.2.3 U.S. Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.2.4 U.S. Magnesium Main Business and Markets Served
7.2.5 U.S. Magnesium Recent Developments/Updates
7.3 Dead Sea Magnesium
7.3.1 Dead Sea Magnesium Magnesium and Magnesium Alloy Company Information
7.3.2 Dead Sea Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.3.3 Dead Sea Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Dead Sea Magnesium Main Business and Markets Served
7.3.5 Dead Sea Magnesium Recent Developments/Updates
7.4 Yunhai Special Metals
7.4.1 Yunhai Special Metals Magnesium and Magnesium Alloy Company Information
7.4.2 Yunhai Special Metals Magnesium and Magnesium Alloy Product Portfolio
7.4.3 Yunhai Special Metals Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Yunhai Special Metals Main Business and Markets Served
7.4.5 Yunhai Special Metals Recent Developments/Updates
7.5 Regal Magnesium
7.5.1 Regal Magnesium Magnesium and Magnesium Alloy Company Information
7.5.2 Regal Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.5.3 Regal Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Regal Magnesium Main Business and Markets Served
7.5.5 Regal Magnesium Recent Developments/Updates
7.6 Magontec
7.6.1 Magontec Magnesium and Magnesium Alloy Company Information
7.6.2 Magontec Magnesium and Magnesium Alloy Product Portfolio
7.6.3 Magontec Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Magontec Main Business and Markets Served
7.6.5 Magontec Recent Developments/Updates
7.7 Zhenxin Magnesium
7.7.1 Zhenxin Magnesium Magnesium and Magnesium Alloy Company Information
7.7.2 Zhenxin Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.7.3 Zhenxin Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Zhenxin Magnesium Main Business and Markets Served
7.7.5 Zhenxin Magnesium Recent Developments/Updates
7.8 Shanxi Bada Magnesium
7.8.1 Shanxi Bada Magnesium Magnesium and Magnesium Alloy Company Information
7.8.2 Shanxi Bada Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.8.3 Shanxi Bada Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Shanxi Bada Magnesium Main Business and Markets Served
7.8.5 Shanxi Bada Magnesium Recent Developments/Updates
7.9 Yinguang Huasheng Magnesium
7.9.1 Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Company Information
7.9.2 Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.9.3 Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Yinguang Huasheng Magnesium Main Business and Markets Served
7.9.5 Yinguang Huasheng Magnesium Recent Developments/Updates
7.10 Huashun Magnesium
7.10.1 Huashun Magnesium Magnesium and Magnesium Alloy Company Information
7.10.2 Huashun Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.10.3 Huashun Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Huashun Magnesium Main Business and Markets Served
7.10.5 Huashun Magnesium Recent Developments/Updates
7.11 Shaanxi Tianyu Magnesium
7.11.1 Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Company Information
7.11.2 Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Product Portfolio
7.11.3 Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Shaanxi Tianyu Magnesium Main Business and Markets Served
7.11.5 Shaanxi Tianyu Magnesium Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Magnesium and Magnesium Alloy Industry Chain Analysis
8.2 Magnesium and Magnesium Alloy Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Magnesium and Magnesium Alloy Production Mode & Process Analysis
8.4 Magnesium and Magnesium Alloy Sales and Marketing
8.4.1 Magnesium and Magnesium Alloy Sales Channels
8.4.2 Magnesium and Magnesium Alloy Distributors
8.5 Magnesium and Magnesium Alloy Customer Analysis
9 Magnesium and Magnesium Alloy Market Dynamics
9.1 Magnesium and Magnesium Alloy Industry Trends
9.2 Magnesium and Magnesium Alloy Market Drivers
9.3 Magnesium and Magnesium Alloy Market Challenges
9.4 Magnesium and Magnesium Alloy Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
U.S. Magnesium
Yunhai Special Metals
Regal Magnesium
Yinguang Huasheng Magnesium
Luxfer
Dead sea Magnesium
Magontec
Zhenxin Magnesium
Shanxi Bada Magnesium
Huashun Magnesium
Shaanxi Tianyu Magnesium
List of Tables
 Table 1. Global Magnesium and Magnesium Alloy Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Magnesium and Magnesium Alloy Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Magnesium and Magnesium Alloy Production Capacity (K MT) by Manufacturers in 2024
 Table 4. Global Magnesium and Magnesium Alloy Production by Manufacturers (2020-2025) & (K MT)
 Table 5. Global Magnesium and Magnesium Alloy Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Magnesium and Magnesium Alloy Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Magnesium and Magnesium Alloy Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Magnesium and Magnesium Alloy, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Magnesium and Magnesium Alloy as of 2024)
 Table 10. Global Market Magnesium and Magnesium Alloy Average Price by Manufacturers (US$/MT) & (2020-2025)
 Table 11. Global Key Manufacturers of Magnesium and Magnesium Alloy, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Magnesium and Magnesium Alloy, Product Offered and Application
 Table 13. Global Key Manufacturers of Magnesium and Magnesium Alloy, Date of Enter into This Industry
 Table 14. Global Magnesium and Magnesium Alloy Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Magnesium and Magnesium Alloy Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Magnesium and Magnesium Alloy Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Magnesium and Magnesium Alloy Production Value Market Share by Region (2020-2025)
 Table 19. Global Magnesium and Magnesium Alloy Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Magnesium and Magnesium Alloy Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Magnesium and Magnesium Alloy Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 22. Global Magnesium and Magnesium Alloy Production (K MT) by Region (2020-2025)
 Table 23. Global Magnesium and Magnesium Alloy Production Market Share by Region (2020-2025)
 Table 24. Global Magnesium and Magnesium Alloy Production (K MT) Forecast by Region (2026-2031)
 Table 25. Global Magnesium and Magnesium Alloy Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Magnesium and Magnesium Alloy Market Average Price (US$/MT) by Region (2020-2025)
 Table 27. Global Magnesium and Magnesium Alloy Market Average Price (US$/MT) by Region (2026-2031)
 Table 28. Global Magnesium and Magnesium Alloy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 29. Global Magnesium and Magnesium Alloy Consumption by Region (2020-2025) & (K MT)
 Table 30. Global Magnesium and Magnesium Alloy Consumption Market Share by Region (2020-2025)
 Table 31. Global Magnesium and Magnesium Alloy Forecasted Consumption by Region (2026-2031) & (K MT)
 Table 32. Global Magnesium and Magnesium Alloy Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 34. North America Magnesium and Magnesium Alloy Consumption by Country (2020-2025) & (K MT)
 Table 35. North America Magnesium and Magnesium Alloy Consumption by Country (2026-2031) & (K MT)
 Table 36. Europe Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 37. Europe Magnesium and Magnesium Alloy Consumption by Country (2020-2025) & (K MT)
 Table 38. Europe Magnesium and Magnesium Alloy Consumption by Country (2026-2031) & (K MT)
 Table 39. Asia Pacific Magnesium and Magnesium Alloy Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 40. Asia Pacific Magnesium and Magnesium Alloy Consumption by Region (2020-2025) & (K MT)
 Table 41. Asia Pacific Magnesium and Magnesium Alloy Consumption by Region (2026-2031) & (K MT)
 Table 42. Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 43. Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption by Country (2020-2025) & (K MT)
 Table 44. Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption by Country (2026-2031) & (K MT)
 Table 45. Global Magnesium and Magnesium Alloy Production (K MT) by Type (2020-2025)
 Table 46. Global Magnesium and Magnesium Alloy Production (K MT) by Type (2026-2031)
 Table 47. Global Magnesium and Magnesium Alloy Production Market Share by Type (2020-2025)
 Table 48. Global Magnesium and Magnesium Alloy Production Market Share by Type (2026-2031)
 Table 49. Global Magnesium and Magnesium Alloy Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Magnesium and Magnesium Alloy Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Magnesium and Magnesium Alloy Production Value Market Share by Type (2020-2025)
 Table 52. Global Magnesium and Magnesium Alloy Production Value Market Share by Type (2026-2031)
 Table 53. Global Magnesium and Magnesium Alloy Price (US$/MT) by Type (2020-2025)
 Table 54. Global Magnesium and Magnesium Alloy Price (US$/MT) by Type (2026-2031)
 Table 55. Global Magnesium and Magnesium Alloy Production (K MT) by Application (2020-2025)
 Table 56. Global Magnesium and Magnesium Alloy Production (K MT) by Application (2026-2031)
 Table 57. Global Magnesium and Magnesium Alloy Production Market Share by Application (2020-2025)
 Table 58. Global Magnesium and Magnesium Alloy Production Market Share by Application (2026-2031)
 Table 59. Global Magnesium and Magnesium Alloy Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Magnesium and Magnesium Alloy Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Magnesium and Magnesium Alloy Production Value Market Share by Application (2020-2025)
 Table 62. Global Magnesium and Magnesium Alloy Production Value Market Share by Application (2026-2031)
 Table 63. Global Magnesium and Magnesium Alloy Price (US$/MT) by Application (2020-2025)
 Table 64. Global Magnesium and Magnesium Alloy Price (US$/MT) by Application (2026-2031)
 Table 65. Luxfer Magnesium and Magnesium Alloy Company Information
 Table 66. Luxfer Magnesium and Magnesium Alloy Specification and Application
 Table 67. Luxfer Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 68. Luxfer Main Business and Markets Served
 Table 69. Luxfer Recent Developments/Updates
 Table 70. U.S. Magnesium Magnesium and Magnesium Alloy Company Information
 Table 71. U.S. Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 72. U.S. Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 73. U.S. Magnesium Main Business and Markets Served
 Table 74. U.S. Magnesium Recent Developments/Updates
 Table 75. Dead Sea Magnesium Magnesium and Magnesium Alloy Company Information
 Table 76. Dead Sea Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 77. Dead Sea Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 78. Dead Sea Magnesium Main Business and Markets Served
 Table 79. Dead Sea Magnesium Recent Developments/Updates
 Table 80. Yunhai Special Metals Magnesium and Magnesium Alloy Company Information
 Table 81. Yunhai Special Metals Magnesium and Magnesium Alloy Specification and Application
 Table 82. Yunhai Special Metals Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 83. Yunhai Special Metals Main Business and Markets Served
 Table 84. Yunhai Special Metals Recent Developments/Updates
 Table 85. Regal Magnesium Magnesium and Magnesium Alloy Company Information
 Table 86. Regal Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 87. Regal Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 88. Regal Magnesium Main Business and Markets Served
 Table 89. Regal Magnesium Recent Developments/Updates
 Table 90. Magontec Magnesium and Magnesium Alloy Company Information
 Table 91. Magontec Magnesium and Magnesium Alloy Specification and Application
 Table 92. Magontec Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 93. Magontec Main Business and Markets Served
 Table 94. Magontec Recent Developments/Updates
 Table 95. Zhenxin Magnesium Magnesium and Magnesium Alloy Company Information
 Table 96. Zhenxin Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 97. Zhenxin Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 98. Zhenxin Magnesium Main Business and Markets Served
 Table 99. Zhenxin Magnesium Recent Developments/Updates
 Table 100. Shanxi Bada Magnesium Magnesium and Magnesium Alloy Company Information
 Table 101. Shanxi Bada Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 102. Shanxi Bada Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 103. Shanxi Bada Magnesium Main Business and Markets Served
 Table 104. Shanxi Bada Magnesium Recent Developments/Updates
 Table 105. Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Company Information
 Table 106. Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 107. Yinguang Huasheng Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 108. Yinguang Huasheng Magnesium Main Business and Markets Served
 Table 109. Yinguang Huasheng Magnesium Recent Developments/Updates
 Table 110. Huashun Magnesium Magnesium and Magnesium Alloy Company Information
 Table 111. Huashun Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 112. Huashun Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 113. Huashun Magnesium Main Business and Markets Served
 Table 114. Huashun Magnesium Recent Developments/Updates
 Table 115. Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Company Information
 Table 116. Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Specification and Application
 Table 117. Shaanxi Tianyu Magnesium Magnesium and Magnesium Alloy Production (K MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 118. Shaanxi Tianyu Magnesium Main Business and Markets Served
 Table 119. Shaanxi Tianyu Magnesium Recent Developments/Updates
 Table 120. Key Raw Materials Lists
 Table 121. Raw Materials Key Suppliers Lists
 Table 122. Magnesium and Magnesium Alloy Distributors List
 Table 123. Magnesium and Magnesium Alloy Customers List
 Table 124. Magnesium and Magnesium Alloy Market Trends
 Table 125. Magnesium and Magnesium Alloy Market Drivers
 Table 126. Magnesium and Magnesium Alloy Market Challenges
 Table 127. Magnesium and Magnesium Alloy Market Restraints
 Table 128. Research Programs/Design for This Report
 Table 129. Key Data Information from Secondary Sources
 Table 130. Key Data Information from Primary Sources
 Table 131. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Magnesium and Magnesium Alloy
 Figure 2. Global Magnesium and Magnesium Alloy Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Magnesium and Magnesium Alloy Market Share by Type: 2024 VS 2031
 Figure 4. Cast Alloys Product Picture
 Figure 5. Wrought Alloys Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Magnesium and Magnesium Alloy Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Magnesium and Magnesium Alloy Market Share by Application: 2024 VS 2031
 Figure 9. Automotive and Transportation
 Figure 10. Consumer Electronics
 Figure 11. Aerospace and Defense
 Figure 12. Others
 Figure 13. Global Magnesium and Magnesium Alloy Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Magnesium and Magnesium Alloy Production Value (US$ Million) & (2020-2031)
 Figure 15. Global Magnesium and Magnesium Alloy Production Capacity (K MT) & (2020-2031)
 Figure 16. Global Magnesium and Magnesium Alloy Production (K MT) & (2020-2031)
 Figure 17. Global Magnesium and Magnesium Alloy Average Price (US$/MT) & (2020-2031)
 Figure 18. Magnesium and Magnesium Alloy Report Years Considered
 Figure 19. Magnesium and Magnesium Alloy Production Share by Manufacturers in 2024
 Figure 20. Global Magnesium and Magnesium Alloy Production Value Share by Manufacturers (2024)
 Figure 21. Magnesium and Magnesium Alloy Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by Magnesium and Magnesium Alloy Revenue in 2024
 Figure 23. Global Magnesium and Magnesium Alloy Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Magnesium and Magnesium Alloy Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global Magnesium and Magnesium Alloy Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 26. Global Magnesium and Magnesium Alloy Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. North America Magnesium and Magnesium Alloy Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. Europe Magnesium and Magnesium Alloy Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. China Magnesium and Magnesium Alloy Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Magnesium and Magnesium Alloy Consumption by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 31. Global Magnesium and Magnesium Alloy Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 33. North America Magnesium and Magnesium Alloy Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 35. Canada Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 36. Europe Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 37. Europe Magnesium and Magnesium Alloy Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 39. France Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 40. U.K. Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 41. Italy Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 42. Russia Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 43. Asia Pacific Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 44. Asia Pacific Magnesium and Magnesium Alloy Consumption Market Share by Region (2020-2031)
 Figure 45. China Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 46. Japan Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 47. South Korea Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 48. China Taiwan Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 49. Southeast Asia Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 50. India Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 51. Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 52. Latin America, Middle East & Africa Magnesium and Magnesium Alloy Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 54. Brazil Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 55. Turkey Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 56. GCC Countries Magnesium and Magnesium Alloy Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 57. Global Production Market Share of Magnesium and Magnesium Alloy by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Magnesium and Magnesium Alloy by Type (2020-2031)
 Figure 59. Global Magnesium and Magnesium Alloy Price (US$/MT) by Type (2020-2031)
 Figure 60. Global Production Market Share of Magnesium and Magnesium Alloy by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Magnesium and Magnesium Alloy by Application (2020-2031)
 Figure 62. Global Magnesium and Magnesium Alloy Price (US$/MT) by Application (2020-2031)
 Figure 63. Magnesium and Magnesium Alloy Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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