How big is the Global Magnesium Alloy Market?

The Global Magnesium Alloy Market size is estimated to have a value of USD 2,775.5 million in 2025 and is expected to reach USD 11,053.0 million by the end of 2034

What is the size of the US Magnesium Alloy Market?

The US Magnesium Alloy Market is projected to be valued at USD 676.9 million in 2025. It is expected to witness subsequent growth in the upcoming period as it holds USD 2,490.4 million in 2034 at a CAGR of 15.6%.

Which region accounted for the largest Global Magnesium Alloy Market?

Asia Pacific is expected to have the largest market share in the Global Magnesium Alloy Market with a share of about 44.5% in 2025.

Who are the key players in the Global Magnesium Alloy Market?

Some of the major key players in the Global Magnesium Alloy Market are Magnesium Elektron, US Magnesium, Nanjing Yunhai Special Metals, Meridian Lightweight, China Magnesium Corp, Western Magnesium, Wuhan Magnesium, Dead Sea Magnesium, POSCO, Gonda Metal, RIMA Group, Yunhai Metal, and many others.

What is the growth rate in the Global Magnesium Alloy Market in 2025?

The market is growing at a CAGR of 16.6 percent over the forecasted period of 2025.

Magnesium Alloy Market Size to Reach USD 11.1 Bn by 2034

Magnesium Alloy Market

Magnesium Alloy Market By Product Type (Tubes and Pipes, Sheets and Plates, Castings, Extrusions, Others), By Alloy Series Outlook (AZ Series Alloys, AM Series Alloys, AJ Series Alloys, Others), By End-Use Industry - Global Industry Outlook, Key Companies (Magnesium Elektron, US Magnesium, Nanjing Yunhai Special Metals, and others), Trends and Forecast 2025-2034

Last Updated: September-2025

Report Code: RC-1815

Category: Chemical & Material

Pages: 510

Format: PDF / PPT / Excel

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Magnesium Alloy Market

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