Due to the COVID-19 pandemic, the global Aerospace Magnesium Alloys market size is estimated to be worth US$ 180.85 million in 2022 and is forecast to a readjusted size of US$ 277.1 million by 2028 with a CAGR of 7.37% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Casting Alloys accounting for 44.91% of the Aerospace Magnesium Alloys global market in 2021, is projected to value US$ 115.8 million by 2028, growing at a revised 6.3% CAGR from 2022 to 2028. While Commercial segment is altered to an 8.39% CAGR throughout this forecast period.
North America Aerospace Magnesium Alloys market size was US$ 86.06 million in 2021, while Europe was US$ 59.82 million. The proportion of the North America was 43.78% in 2021, while Europe's percentage was 30.43%, and it is predicted that Europe market share will reach 30.14% in 2028, trailing a CAGR of 7.13% through the analysis period. As for the Asia, the notable markets are China CAGR is 7.39% for the next 6-year period.
The global major manufacturers of Aerospace Magnesium Alloys include Luxfer MEL Technologies, Magontec, Shanxi Yinguang, Huasheng Magnesium, Shanxi Bada Magnesium, Smiths Metal, Regal Magnesium, Allite, Inc., Shanxi Fugu Tianyu Mineral, Alloys International, Huashun Magnesium Industry and Tech Steel & Materials, etc. In terms of revenue, the global three largest players hold a 60% market share of Aerospace Magnesium Alloys in 2021.
Drivers and Restrains:
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
Segment Analysis:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
- Luxfer MEL Technologies
- Magontec
- Shanxi Yinguang Huasheng Magnesium
- Shanxi Bada Magnesium
- Smiths Metal
- Regal Magnesium
- Allite, Inc.
- Shanxi Fugu Tianyu Mineral
- Alloys International
- Huashun Magnesium Industry
- Tech Steel & Materials
Segment by Type
- Casting Alloys
- Wrought Alloys
Segment by Application
Production by Region
- North America
- Europe
- China
Consumption by Region
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of APAC
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- South America
- Mexico
- Brazil
- Rest of South America
TABLE OF CONTENTS
1 AEROSPACE MAGNESIUM ALLOYS MARKET OVERVIEW
- 1.1 PRODUCT OVERVIEW AND SCOPE OF AEROSPACE MAGNESIUM ALLOYS
- 1.2 AEROSPACE MAGNESIUM ALLOYS SEGMENT BY TYPE
- 1.2.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS MARKET SIZE GROWTH RATE ANALYSIS BY TYPE: 2022 VS 2028
- 1.2.2 CASTING ALLOYS
- 1.2.3 WROUGHT ALLOYS
- 1.3 AEROSPACE MAGNESIUM ALLOYS SEGMENT BY APPLICATION
- 1.3.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS MARKET SIZE GROWTH RATE ANALYSIS BY APPLICATION: 2022 VS 2028
- 1.3.2 COMMERCIAL
- 1.3.3 MILITARY
- 1.4 GLOBAL MARKET GROWTH PROSPECTS
- 1.4.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS REVENUE ESTIMATES AND FORECASTS (2017-2028)
- 1.4.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION ESTIMATES AND FORECASTS (2017-2028)
- 1.5 GLOBAL MARKET SIZE BY REGION
- 1.5.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS MARKET SIZE ESTIMATES AND FORECASTS BY REGION: 2017 VS 2022 VS 2028
- 1.5.2 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.3 EUROPE AEROSPACE MAGNESIUM ALLOYS ESTIMATES AND FORECASTS (2017-2028)
- 1.5.4 CHINA AEROSPACE MAGNESIUM ALLOYS ESTIMATES AND FORECASTS (2017-2028)
2 MARKET COMPETITION BY MANUFACTURERS
- 2.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION MARKET SHARE BY MANUFACTURERS (2017-2022)
- 2.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS REVENUE MARKET SHARE BY MANUFACTURERS (2017-2022)
- 2.3 AEROSPACE MAGNESIUM ALLOYS MARKET SHARE BY COMPANY TYPE (TIER 1, TIER 2, AND TIER 3)
- 2.4 GLOBAL AEROSPACE MAGNESIUM ALLOYS AVERAGE PRICE BY MANUFACTURERS (2017-2022)
- 2.5 MANUFACTURERS AEROSPACE MAGNESIUM ALLOYS PRODUCTION SITES, AREA SERVED, PRODUCT TYPE
- 2.6 AEROSPACE MAGNESIUM ALLOYS MARKET COMPETITIVE SITUATION AND TRENDS
- 2.6.1 AEROSPACE MAGNESIUM ALLOYS MARKET CONCENTRATION RATE
- 2.6.2 GLOBAL 5 AND 10 LARGEST AEROSPACE MAGNESIUM ALLOYS PLAYERS MARKET SHARE BY REVENUE
- 2.6.3 MERGERS & ACQUISITIONS, EXPANSION
3 PRODUCTION BY REGION
- 3.1 GLOBAL PRODUCTION OF AEROSPACE MAGNESIUM ALLOYS MARKET SHARE BY REGION (2017-2022)
- 3.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS REVENUE MARKET SHARE BY REGION (2017-2022)
- 3.3 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.4 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS PRODUCTION
- 3.4.1 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS PRODUCTION GROWTH RATE (2017-2022)
- 3.4.2 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.5 EUROPE AEROSPACE MAGNESIUM ALLOYS PRODUCTION
- 3.5.1 EUROPE AEROSPACE MAGNESIUM ALLOYS PRODUCTION GROWTH RATE (2017-2022)
- 3.5.2 EUROPE AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.6 CHINA AEROSPACE MAGNESIUM ALLOYS PRODUCTION (2017-2022)
- 3.6.1 CHINA AEROSPACE MAGNESIUM ALLOYS PRODUCTION GROWTH RATE (2017-2022)
- 3.6.2 CHINA AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
4 AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY REGION
- 4.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY REGION
- 4.1.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY REGION
- 4.1.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS CONSUMPTION MARKET SHARE BY REGION
- 4.2 NORTH AMERICA
- 4.2.1 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY COUNTRY
- 4.2.2 U.S.
- 4.2.3 CANADA
- 4.3 EUROPE
- 4.3.1 EUROPE AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY COUNTRY
- 4.3.2 GERMANY
- 4.3.3 FRANCE
- 4.3.4 U.K.
- 4.3.5 ITALY
- 4.3.6 RUSSIA
- 4.4 ASIA PACIFIC
- 4.4.1 ASIA PACIFIC AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY REGION
- 4.4.2 CHINA
- 4.4.3 JAPAN
- 4.4.4 SOUTH KOREA
- 4.4.5 INDIA
- 4.4.6 SOUTHEAST ASIA
- 4.5 LATIN AMERICA
- 4.5.1 LATIN AMERICA AEROSPACE MAGNESIUM ALLOYS CONSUMPTION BY COUNTRY
- 4.5.2 MEXICO
- 4.5.3 BRAZIL
5 SEGMENT BY TYPE
- 5.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION MARKET SHARE BY TYPE (2017-2022)
- 5.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS REVENUE MARKET SHARE BY TYPE (2017-2022)
- 5.3 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRICE BY TYPE (2017-2022)
6 SEGMENT BY APPLICATION
- 6.1 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION MARKET SHARE BY APPLICATION (2017-2022)
- 6.2 GLOBAL AEROSPACE MAGNESIUM ALLOYS REVENUE MARKET SHARE BY APPLICATION (2017-2022)
- 6.3 GLOBAL AEROSPACE MAGNESIUM ALLOYS PRICE BY APPLICATION (2017-2022)
7 KEY COMPANIES PROFILED
- 7.1 LUXFER
- 7.1.1 LUXFER AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.1.2 LUXFER AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.1.3 LUXFER AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.1.4 LUXFER MAIN BUSINESS AND MARKETS SERVED
- 7.1.5 LUXFER RECENT DEVELOPMENTS/UPDATES
- 7.2 MAGONTEC
- 7.2.1 MAGONTEC AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.2.2 MAGONTEC AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.2.3 MAGONTEC AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.2.4 MAGONTEC MAIN BUSINESS AND MARKETS SERVED
- 7.3 YINGUANG MAGNESIUM INDUSTRY
- 7.3.1 YINGUANG MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.3.2 YINGUANG MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.3.3 YINGUANG MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.3.4 YINGUANG MAGNESIUM INDUSTRY MAIN BUSINESS AND MARKETS SERVED
- 7.3.5 YINGUANG MAGNESIUM INDUSTRY RECENT DEVELOPMENTS/UPDATES
- 7.4 SHANXI BADA MAGNESIUM
- 7.4.1 SHANXI BADA MAGNESIUM AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.4.2 SHANXI BADA MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.4.3 SHANXI BADA MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.4.4 SHANXI BADA MAGNESIUM MAIN BUSINESS AND MARKETS SERVED
- 7.5 SMITHS METAL
- 7.5.1 SMITHS METAL AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.5.2 SMITHS METAL AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.5.3 SMITHS METAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.5.4 SMITHS METAL MAIN BUSINESS AND MARKETS SERVED
- 7.6 REGAL MAGNESIUM
- 7.6.1 REGAL MAGNESIUM AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.6.2 REGAL MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.6.3 REGAL MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.6.4 REGAL MAGNESIUM MAIN BUSINESS AND MARKETS SERVED
- 7.6.5 REGAL MAGNESIUM RECENT DEVELOPMENTS/UPDATES
- 7.7 ALLITE, INC.
- 7.7.1 ALLITE, INC. AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.7.2 ALLITE, INC. AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.7.3 ALLITE, INC. AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.7.4 ALLITE, INC. MAIN BUSINESS AND MARKETS SERVED
- 7.7.5 ALLITE, INC. RECENT DEVELOPMENTS/UPDATES
- 7.8 SHAANXI TIANYU MAGNESIUM
- 7.8.1 SHAANXI TIANYU MAGNESIUM AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.8.2 SHAANXI TIANYU MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.8.3 SHAANXI TIANYU MAGNESIUM AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.8.4 SHAANXI TIANYU MAGNESIUM MAIN BUSINESS AND MARKETS SERVED
- 7.9 ALLOYS INTERNATIONAL
- 7.9.1 ALLOYS INTERNATIONAL AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.9.2 ALLOYS INTERNATIONAL AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.9.3 ALLOYS INTERNATIONAL AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.9.4 ALLOYS INTERNATIONAL MAIN BUSINESS AND MARKETS SERVED
- 7.10 HUASHUN MAGNESIUM INDUSTRY
- 7.10.1 HUASHUN MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.10.2 HUASHUN MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.10.3 HUASHUN MAGNESIUM INDUSTRY AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.10.4 HUASHUN MAGNESIUM INDUSTRY MAIN BUSINESS AND MARKETS SERVED
- 7.11 TECH STEEL & MATERIALS
- 7.11.1 TECH STEEL & MATERIALS AEROSPACE MAGNESIUM ALLOYS CORPORATION INFORMATION
- 7.11.2 TECH STEEL & MATERIALS AEROSPACE MAGNESIUM ALLOYS PRODUCT PORTFOLIO
- 7.11.3 TECH STEEL & MATERIALS AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 7.11.4 TECH STEEL & MATERIALS MAIN BUSINESS AND MARKETS SERVED
8 AEROSPACE MAGNESIUM ALLOYS MANUFACTURING COST ANALYSIS
- 8.1 AEROSPACE MAGNESIUM ALLOYS KEY RAW MATERIALS ANALYSIS
- 8.1.1 KEY RAW MATERIALS
- 8.1.2 KEY SUPPLIERS OF RAW MATERIALS
- 8.2 PROPORTION OF MANUFACTURING COST STRUCTURE
9 AEROSPACE MAGNESIUM ALLOYS MARKET DYNAMICS
- 9.1 AEROSPACE MAGNESIUM ALLOYS INDUSTRY TRENDS
- 9.2 AEROSPACE MAGNESIUM ALLOYS MARKET DRIVERS
- 9.3 AEROSPACE MAGNESIUM ALLOYS MARKET CHALLENGES
- 9.4 AEROSPACE MAGNESIUM ALLOYS MARKET RESTRAINTS
10 PRODUCTION AND SUPPLY FORECAST
- 10.1 GLOBAL FORECASTED PRODUCTION OF AEROSPACE MAGNESIUM ALLOYS BY REGION (2023-2028)
- 10.2 NORTH AMERICA AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE FORECAST (2023-2028)
- 10.3 EUROPE AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE FORECAST (2023-2028)
- 10.4 CHINA AEROSPACE MAGNESIUM ALLOYS PRODUCTION, REVENUE FORECAST (2023-2028)
11 CONSUMPTION AND DEMAND FORECAST
- 11.1 GLOBAL FORECASTED DEMAND ANALYSIS OF AEROSPACE MAGNESIUM ALLOYS
- 11.2 NORTH AMERICA FORECASTED CONSUMPTION OF AEROSPACE MAGNESIUM ALLOYS BY COUNTRY
- 11.3 EUROPE MARKET FORECASTED CONSUMPTION OF AEROSPACE MAGNESIUM ALLOYS BY COUNTRY
- 11.4 ASIA PACIFIC MARKET FORECASTED CONSUMPTION OF AEROSPACE MAGNESIUM ALLOYS BY REGION
- 11.5 LATIN AMERICA FORECASTED CONSUMPTION OF AEROSPACE MAGNESIUM ALLOYS BY COUNTRY
12 FORECAST BY TYPE AND BY APPLICATION
- 12.1 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY TYPE (2023-2028)
- 12.1.1 GLOBAL FORECASTED PRODUCTION OF AEROSPACE MAGNESIUM ALLOYS BY TYPE (2023-2028)
- 12.1.2 GLOBAL FORECASTED REVENUE OF AEROSPACE MAGNESIUM ALLOYS BY TYPE (2023-2028)
- 12.1.3 GLOBAL FORECASTED PRICE OF AEROSPACE MAGNESIUM ALLOYS BY TYPE (2023-2028)
- 12.2 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY APPLICATION (2023-2028)
- 12.2.1 GLOBAL FORECASTED PRODUCTION OF AEROSPACE MAGNESIUM ALLOYS BY APPLICATION (2023-2028)
- 12.2.2 GLOBAL FORECASTED REVENUE OF AEROSPACE MAGNESIUM ALLOYS BY APPLICATION (2023-2028)
- 12.2.3 GLOBAL FORECASTED PRICE OF AEROSPACE MAGNESIUM ALLOYS BY APPLICATION (2023-2028)
13 RESEARCH FINDINGS AND CONCLUSION
14 METHODOLOGY AND DATA SOURCE
- 14.1 METHODOLOGY/RESEARCH APPROACH
- 14.1.1 RESEARCH PROGRAMS/DESIGN
- 14.1.2 MARKET SIZE ESTIMATION
- 14.1.3 MARKET BREAKDOWN AND DATA TRIANGULATION
- 14.2 DATA SOURCE
- 14.2.1 SECONDARY SOURCES
- 14.2.2 PRIMARY SOURCES
- 14.3 AUTHOR LIST
- 14.4 DISCLAIMER