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Global Magnesium Metal Market is expected to Generate Huge Profits by 2022: Vendors- POSCO, US Magnesium and Nippon Kinzoku

Wednesday, January 11, 2017 3:59
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(Before It's News)

Global Magnesium Metal market growth in last few years is XX million, due to surge in demand for alloy products in automobile industry. With wide application in electronic industry like tablets, laptops, mobile Magnesium Metal market is expected to grow at faster pace in forecasted period. Light weight and comparable properties with aluminum metal, magnesium is used more in body parts of aircraft. Government regulation, environment concern dur to highly explosive will hamper the market in forecasted period. However, increase in R&D of magnesium application products will provide opportunity for manufacturers and producers. Easy availability, rapid industrialization, growing application industry drives the magnesium market in China, Japan and South Korea. Moreover, growing electronics and aerospace industry in North America will contribute substantially in growth of magnesium market in upcoming period.

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Regional Analysis 

“Asia-Pacific dominates the market during the forecast period”

Region wise, Asia-Pacific has shown a significant growth in Magnesium Metal market accounting more than XX% of the total market. This share is attributed towards growth of industries in countries like China, Japan and South Korea where automobile, electronic and construction industry is growing rapidly.

North America contribute significantly due to increase in use of magnesium metal in aircraft industry. Europe show a relative steady growth as saturation in application industries.

Scope of the study

 By Application

  • Aluminum alloy
  • Die Casting
  • Desulphurization
  • Metal Reduction
  • Others

Key Player

  • Wenxi YinGuang Magnesium Industry (Group) Co. Ltd
  • Dead Sea Magnesium Ltd
  • RIMA Group
  • Magontec Ltd
  • POSCO
  • Solikamsk Magnesium Works OAO.
  • Taiyuan Tongxiang Magnesium Co. Ltd
  • Nippon Kinzoku
  • US Magnesium LLC
  • Latrobe Magnesium Ltd
  • Others

Taste the market data and market information presented through more than 100 market data tables and figures spread in 136 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Magnesium Metal Market Information from 2014 to 2022

 Browse Full Research Report @ https://www.marketresearchfuture.com/reports/magnesium-metal-market

TOC of Probiotics Market

1 Executive Summary

2 Scope of the Report

3 Market Research Methodologies   

4 Market Landscape   

5 Industry Overview of Global Magnesium Metal Market   

6 Market Trends  

7 Global Magnesium Metal Market by Region    

8 Global Magnesium Metal Market by Application (Aluminum alloy, Die Casting, Desulphurization, Metal Reduction and others)

9 Company Profiles         

Continued….

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Akash Anand

Market Research Future

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Web: https://www.marketresearchfuture.com

 

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