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Magnesium Casting-Global Market Insights and Sales Trends 2025
Synopsis
The global Magnesium Casting market size is expected to reach US$ 6032.3 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Magnesium Casting in various end use industries. The expanding demands from the Automobiles, Electronics, Appliances and Hand Tools, are propelling Magnesium Casting market. Magnesium Die-casting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium Sand-casting segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnesium Casting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnesium Casting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnesium Casting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnesium Casting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnesium Casting covered in this report include AmTech International, Auer Guss GmbH, Buhler AG, Chicago Magnesium Casting Company, Dynacast International, Faw Foundry, Hettich, JPM Group and Magnesium Elektron, etc.
The global Magnesium Casting market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Magnesium Casting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnesium Casting market, Segment by Type:
Magnesium Die-casting
Magnesium Sand-casting
Global Magnesium Casting market, by Application
Automobiles
Electronics
Appliances
Hand Tools
Military Area
Aerospace
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Magnesium Casting companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The global Magnesium Casting market size is expected to reach US$ 6032.3 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Magnesium Casting in various end use industries. The expanding demands from the Automobiles, Electronics, Appliances and Hand Tools, are propelling Magnesium Casting market. Magnesium Die-casting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium Sand-casting segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnesium Casting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnesium Casting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnesium Casting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnesium Casting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnesium Casting covered in this report include AmTech International, Auer Guss GmbH, Buhler AG, Chicago Magnesium Casting Company, Dynacast International, Faw Foundry, Hettich, JPM Group and Magnesium Elektron, etc.
The global Magnesium Casting market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Magnesium Casting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnesium Casting market, Segment by Type:
Magnesium Die-casting
Magnesium Sand-casting
Global Magnesium Casting market, by Application
Automobiles
Electronics
Appliances
Hand Tools
Military Area
Aerospace
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Magnesium Casting companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Magnesium Casting
1.1 Magnesium Casting Market Overview
1.1.1 Magnesium Casting Product Scope
1.1.2 Magnesium Casting Market Status and Outlook
1.2 Global Magnesium Casting Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Magnesium Casting Market Size by Region (2018-2029)
1.4 Global Magnesium Casting Historic Market Size by Region (2018-2023)
1.5 Global Magnesium Casting Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Magnesium Casting Market Size (2018-2029)
1.6.1 North America Magnesium Casting Market Size (2018-2029)
1.6.2 Europe Magnesium Casting Market Size (2018-2029)
1.6.3 Asia-Pacific Magnesium Casting Market Size (2018-2029)
1.6.4 Latin America Magnesium Casting Market Size (2018-2029)
1.6.5 Middle East & Africa Magnesium Casting Market Size (2018-2029)
2 Magnesium Casting Market by Type
2.1 Introduction
2.1.1 Magnesium Die-casting
2.1.2 Magnesium Sand-casting
2.2 Global Magnesium Casting Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Magnesium Casting Historic Market Size by Type (2018-2023)
2.2.2 Global Magnesium Casting Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Magnesium Casting Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Magnesium Casting Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Magnesium Casting Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Magnesium Casting Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Magnesium Casting Revenue Breakdown by Type (2018-2029)
3 Magnesium Casting Market Overview by Application
3.1 Introduction
3.1.1 Automobiles
3.1.2 Electronics
3.1.3 Appliances
3.1.4 Hand Tools
3.1.5 Military Area
3.1.6 Aerospace
3.1.7 Others
3.2 Global Magnesium Casting Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Magnesium Casting Historic Market Size by Application (2018-2023)
3.2.2 Global Magnesium Casting Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Magnesium Casting Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Magnesium Casting Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Magnesium Casting Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Magnesium Casting Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Magnesium Casting Revenue Breakdown by Application (2018-2029)
4 Magnesium Casting Competition Analysis by Players
4.1 Global Magnesium Casting Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magnesium Casting as of 2022)
4.3 Date of Key Players Enter into Magnesium Casting Market
4.4 Global Top Players Magnesium Casting Headquarters and Area Served
4.5 Key Players Magnesium Casting Product Solution and Service
4.6 Competitive Status
4.6.1 Magnesium Casting Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 AmTech International
5.1.1 AmTech International Profile
5.1.2 AmTech International Main Business
5.1.3 AmTech International Magnesium Casting Products, Services and Solutions
5.1.4 AmTech International Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.1.5 AmTech International Recent Developments
5.2 Auer Guss GmbH
5.2.1 Auer Guss GmbH Profile
5.2.2 Auer Guss GmbH Main Business
5.2.3 Auer Guss GmbH Magnesium Casting Products, Services and Solutions
5.2.4 Auer Guss GmbH Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.2.5 Auer Guss GmbH Recent Developments
5.3 Buhler AG
5.3.1 Buhler AG Profile
5.3.2 Buhler AG Main Business
5.3.3 Buhler AG Magnesium Casting Products, Services and Solutions
5.3.4 Buhler AG Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.3.5 Chicago Magnesium Casting Company Recent Developments
5.4 Chicago Magnesium Casting Company
5.4.1 Chicago Magnesium Casting Company Profile
5.4.2 Chicago Magnesium Casting Company Main Business
5.4.3 Chicago Magnesium Casting Company Magnesium Casting Products, Services and Solutions
5.4.4 Chicago Magnesium Casting Company Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.4.5 Chicago Magnesium Casting Company Recent Developments
5.5 Dynacast International
5.5.1 Dynacast International Profile
5.5.2 Dynacast International Main Business
5.5.3 Dynacast International Magnesium Casting Products, Services and Solutions
5.5.4 Dynacast International Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.5.5 Dynacast International Recent Developments
5.6 Faw Foundry
5.6.1 Faw Foundry Profile
5.6.2 Faw Foundry Main Business
5.6.3 Faw Foundry Magnesium Casting Products, Services and Solutions
5.6.4 Faw Foundry Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.6.5 Faw Foundry Recent Developments
5.7 Hettich
5.7.1 Hettich Profile
5.7.2 Hettich Main Business
5.7.3 Hettich Magnesium Casting Products, Services and Solutions
5.7.4 Hettich Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.7.5 Hettich Recent Developments
5.8 JPM Group
5.8.1 JPM Group Profile
5.8.2 JPM Group Main Business
5.8.3 JPM Group Magnesium Casting Products, Services and Solutions
5.8.4 JPM Group Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.8.5 JPM Group Recent Developments
5.9 Magnesium Elektron
5.9.1 Magnesium Elektron Profile
5.9.2 Magnesium Elektron Main Business
5.9.3 Magnesium Elektron Magnesium Casting Products, Services and Solutions
5.9.4 Magnesium Elektron Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.9.5 Magnesium Elektron Recent Developments
5.10 Pace Industries
5.10.1 Pace Industries Profile
5.10.2 Pace Industries Main Business
5.10.3 Pace Industries Magnesium Casting Products, Services and Solutions
5.10.4 Pace Industries Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.10.5 Pace Industries Recent Developments
5.11 Skyrock
5.11.1 Skyrock Profile
5.11.2 Skyrock Main Business
5.11.3 Skyrock Magnesium Casting Products, Services and Solutions
5.11.4 Skyrock Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.11.5 Skyrock Recent Developments
5.12 TCDC
5.12.1 TCDC Profile
5.12.2 TCDC Main Business
5.12.3 TCDC Magnesium Casting Products, Services and Solutions
5.12.4 TCDC Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.12.5 TCDC Recent Developments
5.13 The Lite Metals
5.13.1 The Lite Metals Profile
5.13.2 The Lite Metals Main Business
5.13.3 The Lite Metals Magnesium Casting Products, Services and Solutions
5.13.4 The Lite Metals Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.13.5 The Lite Metals Recent Developments
5.14 Thompson Aluminum Casting Company (TAC)
5.14.1 Thompson Aluminum Casting Company (TAC) Profile
5.14.2 Thompson Aluminum Casting Company (TAC) Main Business
5.14.3 Thompson Aluminum Casting Company (TAC) Magnesium Casting Products, Services and Solutions
5.14.4 Thompson Aluminum Casting Company (TAC) Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.14.5 Thompson Aluminum Casting Company (TAC) Recent Developments
5.15 TyTek Industries
5.15.1 TyTek Industries Profile
5.15.2 TyTek Industries Main Business
5.15.3 TyTek Industries Magnesium Casting Products, Services and Solutions
5.15.4 TyTek Industries Magnesium Casting Revenue (US$ Million) & (2018-2023)
5.15.5 TyTek Industries Recent Developments
6 North America
6.1 North America Magnesium Casting Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Magnesium Casting Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Magnesium Casting Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Magnesium Casting Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Magnesium Casting Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Magnesium Casting Market Dynamics
11.1 Magnesium Casting Industry Trends
11.2 Magnesium Casting Market Drivers
11.3 Magnesium Casting Market Challenges
11.4 Magnesium Casting Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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