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Global Aluminum-Magnesium Alloys Market Research Report 2024
Synopsis
Aluminum is the main element of aluminum-magnesium alloy, and then added a small amount of magnesium or other metal materials to strengthen its hardness. The alloys of this system (Mg < 10%) refer to the of non-thermally hardened. The hardening is achieved by means of cold plastical deformation. The properties of these alloys are achieved by Mg content increase in the supersaturated solid solution. Main representatives of this series of alloys are: 5052, 5182, 5754, 5083.
The global Aluminum-Magnesium Alloys market was valued at US$ 9757 million in 2023 and is anticipated to reach US$ 13330 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Global Aluminum-Magnesium Alloys key players include Alcoa, Chalco, Yinhai Aluminum, Yunnan Aluminum, China Hongqiao, etc. Global top five manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both with a share about 20 percent. In terms of product, Rod is the largest segment, with a share about 60%. And in terms of application, the largest application is Automobile Industry, followed by Machinery and Equipment, Electronics Industry, Rail Transit, etc.
This report aims to provide a comprehensive presentation of the global market for Aluminum-Magnesium Alloys, 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 Aluminum-Magnesium Alloys.
Report Scope
The Aluminum-Magnesium Alloys market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aluminum-Magnesium Alloys 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 Aluminum-Magnesium Alloys 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
By Company
Alcoa
Chalco
Yinhai Aluminum
Yunnan Aluminum
China Hongqiao
Rusal
Rio Tinto
Nanshan Light Alloy
Ahresty
Wanji
Handtmann
Kumz
MCI
Segment by Type
Rod
Plate
Others
Segment by Application
Automobile Industry
Electronics Industry
Rail Transit
Machinery and Equipment
Others
Production by Region
North America
Europe
China
Japan
Australia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Aluminum-Magnesium Alloys manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Aluminum-Magnesium Alloys 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 Aluminum-Magnesium Alloys 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.
Aluminum is the main element of aluminum-magnesium alloy, and then added a small amount of magnesium or other metal materials to strengthen its hardness. The alloys of this system (Mg < 10%) refer to the of non-thermally hardened. The hardening is achieved by means of cold plastical deformation. The properties of these alloys are achieved by Mg content increase in the supersaturated solid solution. Main representatives of this series of alloys are: 5052, 5182, 5754, 5083.
The global Aluminum-Magnesium Alloys market was valued at US$ 9757 million in 2023 and is anticipated to reach US$ 13330 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Global Aluminum-Magnesium Alloys key players include Alcoa, Chalco, Yinhai Aluminum, Yunnan Aluminum, China Hongqiao, etc. Global top five manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both with a share about 20 percent. In terms of product, Rod is the largest segment, with a share about 60%. And in terms of application, the largest application is Automobile Industry, followed by Machinery and Equipment, Electronics Industry, Rail Transit, etc.
This report aims to provide a comprehensive presentation of the global market for Aluminum-Magnesium Alloys, 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 Aluminum-Magnesium Alloys.
Report Scope
The Aluminum-Magnesium Alloys market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Aluminum-Magnesium Alloys 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 Aluminum-Magnesium Alloys 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
By Company
Alcoa
Chalco
Yinhai Aluminum
Yunnan Aluminum
China Hongqiao
Rusal
Rio Tinto
Nanshan Light Alloy
Ahresty
Wanji
Handtmann
Kumz
MCI
Segment by Type
Rod
Plate
Others
Segment by Application
Automobile Industry
Electronics Industry
Rail Transit
Machinery and Equipment
Others
Production by Region
North America
Europe
China
Japan
Australia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Aluminum-Magnesium Alloys manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Aluminum-Magnesium Alloys 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 Aluminum-Magnesium Alloys 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.
Index1 Aluminum-Magnesium Alloys Market Overview
1.1 Product Definition
1.2 Aluminum-Magnesium Alloys Segment by Type
1.2.1 Global Aluminum-Magnesium Alloys Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Rod
1.2.3 Plate
1.2.4 Others
1.3 Aluminum-Magnesium Alloys Segment by Application
1.3.1 Global Aluminum-Magnesium Alloys Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automobile Industry
1.3.3 Electronics Industry
1.3.4 Rail Transit
1.3.5 Machinery and Equipment
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Aluminum-Magnesium Alloys Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Aluminum-Magnesium Alloys Production Estimates and Forecasts (2019-2030)
1.4.4 Global Aluminum-Magnesium Alloys Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Aluminum-Magnesium Alloys Production Market Share by Manufacturers (2019-2024)
2.2 Global Aluminum-Magnesium Alloys Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Aluminum-Magnesium Alloys, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Aluminum-Magnesium Alloys Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Aluminum-Magnesium Alloys Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Aluminum-Magnesium Alloys, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Aluminum-Magnesium Alloys, Product Offered and Application
2.8 Global Key Manufacturers of Aluminum-Magnesium Alloys, Date of Enter into This Industry
2.9 Aluminum-Magnesium Alloys Market Competitive Situation and Trends
2.9.1 Aluminum-Magnesium Alloys Market Concentration Rate
2.9.2 Global 5 and 10 Largest Aluminum-Magnesium Alloys Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Aluminum-Magnesium Alloys Production by Region
3.1 Global Aluminum-Magnesium Alloys Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Aluminum-Magnesium Alloys Production Value by Region (2019-2030)
3.2.1 Global Aluminum-Magnesium Alloys Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Aluminum-Magnesium Alloys by Region (2025-2030)
3.3 Global Aluminum-Magnesium Alloys Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Aluminum-Magnesium Alloys Production by Region (2019-2030)
3.4.1 Global Aluminum-Magnesium Alloys Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Aluminum-Magnesium Alloys by Region (2025-2030)
3.5 Global Aluminum-Magnesium Alloys Market Price Analysis by Region (2019-2024)
3.6 Global Aluminum-Magnesium Alloys Production and Value, Year-over-Year Growth
3.6.1 North America Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.5 Australia Aluminum-Magnesium Alloys Production Value Estimates and Forecasts (2019-2030)
4 Aluminum-Magnesium Alloys Consumption by Region
4.1 Global Aluminum-Magnesium Alloys Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Aluminum-Magnesium Alloys Consumption by Region (2019-2030)
4.2.1 Global Aluminum-Magnesium Alloys Consumption by Region (2019-2024)
4.2.2 Global Aluminum-Magnesium Alloys Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Aluminum-Magnesium Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Aluminum-Magnesium Alloys Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Aluminum-Magnesium Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Aluminum-Magnesium Alloys Consumption by Country (2019-2030)
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 Aluminum-Magnesium Alloys Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Aluminum-Magnesium Alloys Consumption by Region (2019-2030)
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 Aluminum-Magnesium Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Aluminum-Magnesium Alloys Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Aluminum-Magnesium Alloys Production by Type (2019-2030)
5.1.1 Global Aluminum-Magnesium Alloys Production by Type (2019-2024)
5.1.2 Global Aluminum-Magnesium Alloys Production by Type (2025-2030)
5.1.3 Global Aluminum-Magnesium Alloys Production Market Share by Type (2019-2030)
5.2 Global Aluminum-Magnesium Alloys Production Value by Type (2019-2030)
5.2.1 Global Aluminum-Magnesium Alloys Production Value by Type (2019-2024)
5.2.2 Global Aluminum-Magnesium Alloys Production Value by Type (2025-2030)
5.2.3 Global Aluminum-Magnesium Alloys Production Value Market Share by Type (2019-2030)
5.3 Global Aluminum-Magnesium Alloys Price by Type (2019-2030)
6 Segment by Application
6.1 Global Aluminum-Magnesium Alloys Production by Application (2019-2030)
6.1.1 Global Aluminum-Magnesium Alloys Production by Application (2019-2024)
6.1.2 Global Aluminum-Magnesium Alloys Production by Application (2025-2030)
6.1.3 Global Aluminum-Magnesium Alloys Production Market Share by Application (2019-2030)
6.2 Global Aluminum-Magnesium Alloys Production Value by Application (2019-2030)
6.2.1 Global Aluminum-Magnesium Alloys Production Value by Application (2019-2024)
6.2.2 Global Aluminum-Magnesium Alloys Production Value by Application (2025-2030)
6.2.3 Global Aluminum-Magnesium Alloys Production Value Market Share by Application (2019-2030)
6.3 Global Aluminum-Magnesium Alloys Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Alcoa
7.1.1 Alcoa Aluminum-Magnesium Alloys Corporation Information
7.1.2 Alcoa Aluminum-Magnesium Alloys Product Portfolio
7.1.3 Alcoa Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Alcoa Main Business and Markets Served
7.1.5 Alcoa Recent Developments/Updates
7.2 Chalco
7.2.1 Chalco Aluminum-Magnesium Alloys Corporation Information
7.2.2 Chalco Aluminum-Magnesium Alloys Product Portfolio
7.2.3 Chalco Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Chalco Main Business and Markets Served
7.2.5 Chalco Recent Developments/Updates
7.3 Yinhai Aluminum
7.3.1 Yinhai Aluminum Aluminum-Magnesium Alloys Corporation Information
7.3.2 Yinhai Aluminum Aluminum-Magnesium Alloys Product Portfolio
7.3.3 Yinhai Aluminum Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Yinhai Aluminum Main Business and Markets Served
7.3.5 Yinhai Aluminum Recent Developments/Updates
7.4 Yunnan Aluminum
7.4.1 Yunnan Aluminum Aluminum-Magnesium Alloys Corporation Information
7.4.2 Yunnan Aluminum Aluminum-Magnesium Alloys Product Portfolio
7.4.3 Yunnan Aluminum Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Yunnan Aluminum Main Business and Markets Served
7.4.5 Yunnan Aluminum Recent Developments/Updates
7.5 China Hongqiao
7.5.1 China Hongqiao Aluminum-Magnesium Alloys Corporation Information
7.5.2 China Hongqiao Aluminum-Magnesium Alloys Product Portfolio
7.5.3 China Hongqiao Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.5.4 China Hongqiao Main Business and Markets Served
7.5.5 China Hongqiao Recent Developments/Updates
7.6 Rusal
7.6.1 Rusal Aluminum-Magnesium Alloys Corporation Information
7.6.2 Rusal Aluminum-Magnesium Alloys Product Portfolio
7.6.3 Rusal Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Rusal Main Business and Markets Served
7.6.5 Rusal Recent Developments/Updates
7.7 Rio Tinto
7.7.1 Rio Tinto Aluminum-Magnesium Alloys Corporation Information
7.7.2 Rio Tinto Aluminum-Magnesium Alloys Product Portfolio
7.7.3 Rio Tinto Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Rio Tinto Main Business and Markets Served
7.7.5 Rio Tinto Recent Developments/Updates
7.8 Nanshan Light Alloy
7.8.1 Nanshan Light Alloy Aluminum-Magnesium Alloys Corporation Information
7.8.2 Nanshan Light Alloy Aluminum-Magnesium Alloys Product Portfolio
7.8.3 Nanshan Light Alloy Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Nanshan Light Alloy Main Business and Markets Served
7.7.5 Nanshan Light Alloy Recent Developments/Updates
7.9 Ahresty
7.9.1 Ahresty Aluminum-Magnesium Alloys Corporation Information
7.9.2 Ahresty Aluminum-Magnesium Alloys Product Portfolio
7.9.3 Ahresty Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Ahresty Main Business and Markets Served
7.9.5 Ahresty Recent Developments/Updates
7.10 Wanji
7.10.1 Wanji Aluminum-Magnesium Alloys Corporation Information
7.10.2 Wanji Aluminum-Magnesium Alloys Product Portfolio
7.10.3 Wanji Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Wanji Main Business and Markets Served
7.10.5 Wanji Recent Developments/Updates
7.11 Handtmann
7.11.1 Handtmann Aluminum-Magnesium Alloys Corporation Information
7.11.2 Handtmann Aluminum-Magnesium Alloys Product Portfolio
7.11.3 Handtmann Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Handtmann Main Business and Markets Served
7.11.5 Handtmann Recent Developments/Updates
7.12 Kumz
7.12.1 Kumz Aluminum-Magnesium Alloys Corporation Information
7.12.2 Kumz Aluminum-Magnesium Alloys Product Portfolio
7.12.3 Kumz Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Kumz Main Business and Markets Served
7.12.5 Kumz Recent Developments/Updates
7.13 MCI
7.13.1 MCI Aluminum-Magnesium Alloys Corporation Information
7.13.2 MCI Aluminum-Magnesium Alloys Product Portfolio
7.13.3 MCI Aluminum-Magnesium Alloys Production, Value, Price and Gross Margin (2019-2024)
7.13.4 MCI Main Business and Markets Served
7.13.5 MCI Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Aluminum-Magnesium Alloys Industry Chain Analysis
8.2 Aluminum-Magnesium Alloys Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Aluminum-Magnesium Alloys Production Mode & Process
8.4 Aluminum-Magnesium Alloys Sales and Marketing
8.4.1 Aluminum-Magnesium Alloys Sales Channels
8.4.2 Aluminum-Magnesium Alloys Distributors
8.5 Aluminum-Magnesium Alloys Customers
9 Aluminum-Magnesium Alloys Market Dynamics
9.1 Aluminum-Magnesium Alloys Industry Trends
9.2 Aluminum-Magnesium Alloys Market Drivers
9.3 Aluminum-Magnesium Alloys Market Challenges
9.4 Aluminum-Magnesium Alloys Market Restraints
10 Research Finding 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
Published By : QY Research
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