市場調査レポート
商品コード
1441168
マグネシウム合金の世界市場規模、シェア、成長分析、合金タイプ別、最終用途別-産業予測、2023~2030年Global Magnesium Alloys Market Size, Share, Growth Analysis, By Alloy Type(Cast Alloys, and Wrought Alloys), By End-Use(Automotive, Aerospace) - Industry Forecast 2023-2030 |
マグネシウム合金の世界市場規模、シェア、成長分析、合金タイプ別、最終用途別-産業予測、2023~2030年 |
出版日: 2024年02月21日
発行: SkyQuest
ページ情報: 英文 157 Pages
納期: 3~5営業日
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マグネシウム合金の世界市場規模は2022年に18億4,000万米ドルと評価され、予測期間(2024~2031年)のCAGRは16.4%で、2023年の21億4,000万米ドルから2031年には72億1,000万米ドルに成長する展望です。
マグネシウム合金市場は、低密度と高強度対重量比の組み合わせを提供する、軽量材料と冶金の重要なセグメントです。マグネシウムを主成分とし、アルミニウム、亜鉛、マンガンなどの元素で構成されるこれらの合金は、自動車、航空宇宙、エレクトロニクス、医療機器などの産業にとって非常に魅力的です。自動車や航空宇宙セグメントでの燃費向上や排出ガス削減のための軽量材料の需要が、マグネシウム合金市場の成長を後押ししています。マグネシウム合金の使用により、軽量な自動車や航空機の開発が可能になり、性能を向上させながら世界の持続可能性の目標に沿うことができます。さらに、優れた機械的特性と軽量性により、携帯電子機器にも最適です。しかし、この市場には課題も存在します。マグネシウム合金は腐食しやすいため、適切な表面処理が必要となります。さらに、持続可能な成長のためには、コスト、高品質のマグネシウム資源の限られた入手可能性、効果的なリサイクル方法に関する懸念に対処する必要があります。このような課題にもかかわらず、マグネシウム合金市場は、産業界が軽量化と持続可能性を優先していることから、拡大に向かっています。革新的な合金や製造技術に関する継続的な研究は、性能の向上と現在の限界への対処を目指しています。したがって、この市場は、さまざまな産業用途で軽量材料が広く採用される上で重要な役割を果たすと予想されます。
Global Magnesium Alloys Market size was valued at USD 1.84 Billion in 2022 and is poised to grow from USD 2.14 Billion in 2023 to USD 7.21 Billion by 2031, at a CAGR of 16.4% during the forecast period (2024-2031).
The magnesium alloys market is a vital sector within lightweight materials and metallurgy, offering a combination of low density and high strength-to-weight ratio. These alloys, primarily composed of magnesium along with elements like aluminum, zinc, and manganese, are highly attractive to industries such as automotive, aerospace, electronics, and medical devices. The demand for lightweight materials to improve fuel efficiency and reduce emissions in the automotive and aerospace sectors has propelled the growth of the magnesium alloys market. The use of magnesium alloys allows for the development of lightweight vehicles and aircraft, aligning with global sustainability goals while enhancing performance. Additionally, their excellent mechanical properties and low weight make them ideal for portable electronic devices. However, challenges exist within this market. Magnesium alloys are prone to corrosion, necessitating proper surface treatments. Furthermore, concerns regarding cost, limited availability of high-quality magnesium resources, and effective recycling methods need to be addressed for sustainable growth. Despite these challenges, the magnesium alloys market is poised for expansion as industries prioritize weight reduction and sustainability. Ongoing research into innovative alloys and production techniques aims to enhance performance and address current limitations. Therefore, the market is expected to play a significant role in the broader adoption of lightweight materials across various industrial applications.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Magnesium Alloys and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
Global Magnesium Alloys Market Segmental Analysis
The global magnesium alloys Market is segmented by Alloy Type, End-Use and Region. Based on Alloy Type, the market is segmented as, Cast Alloys, and Wrought Alloys. Based on End-Use the market is segmented as, Automotive, Aerospace, Electronics and Medical. Regional the market is segmented as, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA).
Drivers of the Global Magnesium Alloys Market
As a result of their low density and recyclability, magnesium alloys were seen as the green alternative in these industries, keeping their production in line with sustainability goals and regulations worldwide. The automotive and aerospace industries targeted the development of lightweight vehicles and aircrafts to improve performance and fuel efficiency, driving the demand for magnesium alloys, thus growing market expansion.
Restraints in the Global Magnesium Alloys Market
Compared to alternative materials, the production costs of magnesium alloys were relatively elevated due to a restricted supply of high-quality magnesium ore, along with the added expenses of extraction and refining. This barrier could deter budget-constrained manufacturers from entering the market, hindering market growth.
Magnesium alloys necessitate high-quality protective coatings or surface treatments due to their susceptibility to corrosion. This results in additional production costs required to prevent corrosion, posing challenges for manufacturers with limited resources.
Market Trends of the Global Magnesium Alloys Market
Automotive Lightweighting: The automotive industry has been a major driver of the magnesium alloys market growth. Automakers have widely integrated magnesium alloys into vehicle components such as transmission cases, engine blocks, and structural parts to improve fuel efficiency and reduce weight.
Aerospace Utilization: The aerospace sector has also recognized the potential of magnesium alloys in reducing aircraft weight to enhance fuel efficiency and lower emissions. The demand for magnesium alloys in manufacturing aerospace components such as seat frames and interior panels has been on the rise.