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Global Magnesium Casting Market Research Report 2024
Synopsis
The global Magnesium Casting market was valued at US$ 4391 million in 2023 and is anticipated to reach US$ 6032.3 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
Market growth is expected to be driven by rising product demand for die casting and aluminum alloy applications in various end-use industries. Magnesium is ideal for these applications due to its good electromagnetic shielding properties and thermal conductivity. It also increases the strength of aluminum, which is widely used in these applications. Moreover, growing demand for lightweight components, mainly in the automotive and aerospace sectors, is expected to boost market growth over the forecast period.
This report aims to provide a comprehensive presentation of the global market for Magnesium Casting, 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 Magnesium Casting.
Report Scope
The Magnesium Casting market size, estimations, and forecasts are provided in terms of 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 Magnesium Casting 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 Magnesium Casting companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
AmTech International
Auer Guss GmbH
Buhler AG
Chicago Magnesium Casting Company
Dynacast International
Faw Foundry
Hettich
JPM Group
Magnesium Elektron
Pace Industries
Skyrock
TCDC
The Lite Metals
Thompson Aluminum Casting Company (TAC)
TyTek Industries
Segment by Type
Magnesium Die-casting
Magnesium Sand-casting
Segment by Application
Automobiles
Electronics
Appliances
Hand Tools
Military Area
Aerospace
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Magnesium Casting companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global Magnesium Casting market was valued at US$ 4391 million in 2023 and is anticipated to reach US$ 6032.3 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
Market growth is expected to be driven by rising product demand for die casting and aluminum alloy applications in various end-use industries. Magnesium is ideal for these applications due to its good electromagnetic shielding properties and thermal conductivity. It also increases the strength of aluminum, which is widely used in these applications. Moreover, growing demand for lightweight components, mainly in the automotive and aerospace sectors, is expected to boost market growth over the forecast period.
This report aims to provide a comprehensive presentation of the global market for Magnesium Casting, 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 Magnesium Casting.
Report Scope
The Magnesium Casting market size, estimations, and forecasts are provided in terms of 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 Magnesium Casting 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 Magnesium Casting companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
AmTech International
Auer Guss GmbH
Buhler AG
Chicago Magnesium Casting Company
Dynacast International
Faw Foundry
Hettich
JPM Group
Magnesium Elektron
Pace Industries
Skyrock
TCDC
The Lite Metals
Thompson Aluminum Casting Company (TAC)
TyTek Industries
Segment by Type
Magnesium Die-casting
Magnesium Sand-casting
Segment by Application
Automobiles
Electronics
Appliances
Hand Tools
Military Area
Aerospace
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Magnesium Casting companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Magnesium Casting Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Magnesium Die-casting
1.2.3 Magnesium Sand-casting
1.3 Market by Application
1.3.1 Global Magnesium Casting Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automobiles
1.3.3 Electronics
1.3.4 Appliances
1.3.5 Hand Tools
1.3.6 Military Area
1.3.7 Aerospace
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Magnesium Casting Market Perspective (2019-2030)
2.2 Magnesium Casting Growth Trends by Region
2.2.1 Global Magnesium Casting Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Magnesium Casting Historic Market Size by Region (2019-2024)
2.2.3 Magnesium Casting Forecasted Market Size by Region (2025-2030)
2.3 Magnesium Casting Market Dynamics
2.3.1 Magnesium Casting Industry Trends
2.3.2 Magnesium Casting Market Drivers
2.3.3 Magnesium Casting Market Challenges
2.3.4 Magnesium Casting Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Magnesium Casting Players by Revenue
3.1.1 Global Top Magnesium Casting Players by Revenue (2019-2024)
3.1.2 Global Magnesium Casting Revenue Market Share by Players (2019-2024)
3.2 Global Magnesium Casting Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Magnesium Casting Revenue
3.4 Global Magnesium Casting Market Concentration Ratio
3.4.1 Global Magnesium Casting Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Magnesium Casting Revenue in 2023
3.5 Magnesium Casting Key Players Head office and Area Served
3.6 Key Players Magnesium Casting Product Solution and Service
3.7 Date of Enter into Magnesium Casting Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Magnesium Casting Breakdown Data by Type
4.1 Global Magnesium Casting Historic Market Size by Type (2019-2024)
4.2 Global Magnesium Casting Forecasted Market Size by Type (2025-2030)
5 Magnesium Casting Breakdown Data by Application
5.1 Global Magnesium Casting Historic Market Size by Application (2019-2024)
5.2 Global Magnesium Casting Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Magnesium Casting Market Size (2019-2030)
6.2 North America Magnesium Casting Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Magnesium Casting Market Size by Country (2019-2024)
6.4 North America Magnesium Casting Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Magnesium Casting Market Size (2019-2030)
7.2 Europe Magnesium Casting Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Magnesium Casting Market Size by Country (2019-2024)
7.4 Europe Magnesium Casting Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Magnesium Casting Market Size (2019-2030)
8.2 Asia-Pacific Magnesium Casting Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Magnesium Casting Market Size by Region (2019-2024)
8.4 Asia-Pacific Magnesium Casting Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Magnesium Casting Market Size (2019-2030)
9.2 Latin America Magnesium Casting Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Magnesium Casting Market Size by Country (2019-2024)
9.4 Latin America Magnesium Casting Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Magnesium Casting Market Size (2019-2030)
10.2 Middle East & Africa Magnesium Casting Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Magnesium Casting Market Size by Country (2019-2024)
10.4 Middle East & Africa Magnesium Casting Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AmTech International
11.1.1 AmTech International Company Detail
11.1.2 AmTech International Business Overview
11.1.3 AmTech International Magnesium Casting Introduction
11.1.4 AmTech International Revenue in Magnesium Casting Business (2019-2024)
11.1.5 AmTech International Recent Development
11.2 Auer Guss GmbH
11.2.1 Auer Guss GmbH Company Detail
11.2.2 Auer Guss GmbH Business Overview
11.2.3 Auer Guss GmbH Magnesium Casting Introduction
11.2.4 Auer Guss GmbH Revenue in Magnesium Casting Business (2019-2024)
11.2.5 Auer Guss GmbH Recent Development
11.3 Buhler AG
11.3.1 Buhler AG Company Detail
11.3.2 Buhler AG Business Overview
11.3.3 Buhler AG Magnesium Casting Introduction
11.3.4 Buhler AG Revenue in Magnesium Casting Business (2019-2024)
11.3.5 Buhler AG Recent Development
11.4 Chicago Magnesium Casting Company
11.4.1 Chicago Magnesium Casting Company Company Detail
11.4.2 Chicago Magnesium Casting Company Business Overview
11.4.3 Chicago Magnesium Casting Company Magnesium Casting Introduction
11.4.4 Chicago Magnesium Casting Company Revenue in Magnesium Casting Business (2019-2024)
11.4.5 Chicago Magnesium Casting Company Recent Development
11.5 Dynacast International
11.5.1 Dynacast International Company Detail
11.5.2 Dynacast International Business Overview
11.5.3 Dynacast International Magnesium Casting Introduction
11.5.4 Dynacast International Revenue in Magnesium Casting Business (2019-2024)
11.5.5 Dynacast International Recent Development
11.6 Faw Foundry
11.6.1 Faw Foundry Company Detail
11.6.2 Faw Foundry Business Overview
11.6.3 Faw Foundry Magnesium Casting Introduction
11.6.4 Faw Foundry Revenue in Magnesium Casting Business (2019-2024)
11.6.5 Faw Foundry Recent Development
11.7 Hettich
11.7.1 Hettich Company Detail
11.7.2 Hettich Business Overview
11.7.3 Hettich Magnesium Casting Introduction
11.7.4 Hettich Revenue in Magnesium Casting Business (2019-2024)
11.7.5 Hettich Recent Development
11.8 JPM Group
11.8.1 JPM Group Company Detail
11.8.2 JPM Group Business Overview
11.8.3 JPM Group Magnesium Casting Introduction
11.8.4 JPM Group Revenue in Magnesium Casting Business (2019-2024)
11.8.5 JPM Group Recent Development
11.9 Magnesium Elektron
11.9.1 Magnesium Elektron Company Detail
11.9.2 Magnesium Elektron Business Overview
11.9.3 Magnesium Elektron Magnesium Casting Introduction
11.9.4 Magnesium Elektron Revenue in Magnesium Casting Business (2019-2024)
11.9.5 Magnesium Elektron Recent Development
11.10 Pace Industries
11.10.1 Pace Industries Company Detail
11.10.2 Pace Industries Business Overview
11.10.3 Pace Industries Magnesium Casting Introduction
11.10.4 Pace Industries Revenue in Magnesium Casting Business (2019-2024)
11.10.5 Pace Industries Recent Development
11.11 Skyrock
11.11.1 Skyrock Company Detail
11.11.2 Skyrock Business Overview
11.11.3 Skyrock Magnesium Casting Introduction
11.11.4 Skyrock Revenue in Magnesium Casting Business (2019-2024)
11.11.5 Skyrock Recent Development
11.12 TCDC
11.12.1 TCDC Company Detail
11.12.2 TCDC Business Overview
11.12.3 TCDC Magnesium Casting Introduction
11.12.4 TCDC Revenue in Magnesium Casting Business (2019-2024)
11.12.5 TCDC Recent Development
11.13 The Lite Metals
11.13.1 The Lite Metals Company Detail
11.13.2 The Lite Metals Business Overview
11.13.3 The Lite Metals Magnesium Casting Introduction
11.13.4 The Lite Metals Revenue in Magnesium Casting Business (2019-2024)
11.13.5 The Lite Metals Recent Development
11.14 Thompson Aluminum Casting Company (TAC)
11.14.1 Thompson Aluminum Casting Company (TAC) Company Detail
11.14.2 Thompson Aluminum Casting Company (TAC) Business Overview
11.14.3 Thompson Aluminum Casting Company (TAC) Magnesium Casting Introduction
11.14.4 Thompson Aluminum Casting Company (TAC) Revenue in Magnesium Casting Business (2019-2024)
11.14.5 Thompson Aluminum Casting Company (TAC) Recent Development
11.15 TyTek Industries
11.15.1 TyTek Industries Company Detail
11.15.2 TyTek Industries Business Overview
11.15.3 TyTek Industries Magnesium Casting Introduction
11.15.4 TyTek Industries Revenue in Magnesium Casting Business (2019-2024)
11.15.5 TyTek Industries Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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