市場調查報告書
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1324338
2030 年鎂金屬市場預測 - 按產品、製造流程、組件、用途、最終用戶和地區進行的全球分析Metal Magnesium Market Forecasts to 2030 - Global Analysis By Product, Manufacturing Process, Component, Application, End User and By Geography |
根據Stratistics MRC的數據,2023年全球金屬鎂市場規模為54.2億美元,預計到2030年將達到88.8億美元,預測期內年複合成長率為7.3%。
鎂的原子序數為12,化學符號為“Mg”。它是一種薄的銀白色金屬,具有很高的活性,暴露在空氣或水中時很容易氧化。鎂是宇宙中第八豐富的元素,並且在地殼中含量豐富。由於其低密度和高強度重量比,鎂經常用於廣泛的工業用途,包括航太和汽車行業的輕質結構零件。
印度品牌資產基金會 (IBEF) 表示,蓬勃發展的基礎設施和政府支出將推動印度航太和國防市場到 2032 年達到 695 億美元。
金屬鎂對於化學產品的生產至關重要。鎂用作還原劑來生產各種化學品,包括鈦、鋯和稀土金屬。使用鎂化合物的化學工藝的其他例子包括鋼脫硫和球墨鑄鐵的生產。
金屬鎂的提取和加工需要能源集中程序,與其他金屬相比,生產成本相對較高。從礦石中精製鎂的集中且複雜的過程進一步增加了鎂的成本。此外,高生產成本可能會阻礙鎂基材料在成本敏感行業的廣泛使用,從而影響市場擴張。
金屬鎂由於重量輕,在航太領域具有廣闊的前景。隨著航太業努力提高燃油效率並降低營運成本,鎂合金擴大被考慮用於飛機零件和結構。此外,鎂與複合材料的兼容性進一步擴大了其潛在的航太用途,有助於減輕飛機總重量並提高性能。
具有相當輕質和機械強度的替代材料,例如複合材料和鋁,對金屬鎂市場構成威脅。鋁因其成本低且耐腐蝕能提高而在許多行業中得到了特別廣泛的應用和青睞。此外,可以提供材料組合來滿足特定性能要求的複合材料的可用性對在某些用途中使用鎂基解決方案提出了挑戰。
鎂金屬市場受到 COVID-19 大流行的嚴重影響。疫情期間,由於封鎖措施和需求減少,包括製造業、汽車和航太在內的許多行業的生產和供應鏈都受到了乾擾。結果,鎂基材料的需求減少,阻礙了市場的擴張。進一步影響市場動態的是原料價格波動以及旅行限制和經濟活動減少帶來的供應鏈問題。然而,由於工業的逐步復甦和經濟活動的恢復,特別是由於疫情后世界對輕量材料、永續解決方案和新用途的日益關注,金屬鎂市場預計將復甦。
預計汽車行業在預測期內將佔據最大佔有率。鎂基材料使汽車工業能夠生產更輕的零件、提高燃油效率並減少排放氣體。汽車領域具有輕量化特點和高強度重量比。通過用鎂合金替代鋼和鋁等重型材料,汽車變得更加節能,支持永續計劃並遵守更嚴格的排放法規。此外,鎂的優異機械加工性能允許設計複雜的零件,從而提高車輛的整體性能和安全性。
預計鎂合金行業在預測期內將呈現最高的年複合成長率。鎂合金因其低密度、高強度和優異的耐腐蝕性的優異組合而在各個行業中備受追捧。汽車行業對輕量材料的需求推動了鎂合金在引擎缸體、變速箱和轉向柱等零件中的應用,以提高燃油效率。
預計亞太地區在預測期內將佔據最大的市場佔有率。航太和汽車行業對鎂的需求不斷成長,以及建築和電子行業的擴張,都有助於該地區的主導地位。中國占據亞太市場的很大一部分,是該地區領先的鎂生產國和消費量。此外,該地區廉價勞動力和原料的供應增加了鎂產量。此外,人們對電動車的興趣日益濃厚,以及對鎂基產品研發的投資增加,預計將推動該地區的市場擴張。
預計在預測期內,金屬鎂市場將以北美地區最高的年複合成長率成長。汽車和航太領域對輕量材料的需求不斷增加,這種需求以及電動車的日益普及,正在推動該地區的市場擴張。大型鎂生產商的存在以及鎂基產品研發活動的投資增加預計將進一步推動北美金屬鎂市場的成長。此外,鎂合金在醫療植入物和其他設備中的使用預計將推動北美市場的擴張。
According to Stratistics MRC, the Global Metal Magnesium Market is accounted for $5.42 billion in 2023 and is expected to reach $8.88 billion by 2030 growing at a CAGR of 7.3% during the forecast period. Magnesium has the atomic number 12 and the letter "Mg" in its chemical symbol. It is a thin, silvery-white metal that is highly reactive and readily oxidizes when exposed to air and water. Magnesium, the eighth most abundant element in the universe, is found in great abundance in the crust of the Earth. It is frequently used in a wide range of industrial applications, including the aerospace and automotive industries, for lightweight structural components because of its low density and high strength-to-weight ratio.
According to the India Brand Equity Foundation (IBEF), the burgeoning infrastructure and government spending will propel the Indian aerospace & defense market to reach US$ 69.5 Bn by 2032.
A key component in the production of chemicals is the metal magnesium. It is used as a reducing agent to create a variety of chemicals, including titanium, zirconium, and rare earth metals. Other examples of chemical processes that use magnesium compounds include the desulfurization of iron and steel as well as the creation of nodular cast iron.
Magnesium metal extraction and processing require energy-intensive procedures, which leads to relatively higher production costs when compared to other metals. Magnesium's cost is further increased by the labor- and complexity-intensive process of refining it from its ores. Moreover, the widespread use of magnesium-based materials in cost-sensitive industries may be hampered by the high production costs, which could have an impact on market expansion.
The metal magnesium has promising prospects in the aerospace industry because of its light weight. Magnesium alloys are being considered more and more for use in aircraft components and structures as the aerospace industry works to improve fuel efficiency and lower operating costs. Additionally, magnesium's potential use in aerospace is further expanded by the compatibility it has with composite materials, which helps lighten and enhance the performance of entire aircraft.
Alternative materials, like composites and aluminum, which offer comparable lightweight and mechanical strength, are a threat to the market for metal magnesium. Because of its lower cost and improved corrosion resistance, aluminum is particularly well-established in many industries and frequently preferred. Furthermore, the use of magnesium-based solutions in some applications is challenged by the availability of composites, which provide a combination of materials that can match particular performance requirements.
The metal magnesium market was significantly impacted by the COVID-19 pandemic. Production and supply chains in a number of industries, including manufacturing, automotive, and aerospace, were disrupted during the pandemic as a result of lockdown procedures and lower demand. As a result, the market's expansion was hampered by the decline in demand for materials based on magnesium. Further affecting market dynamics were fluctuations in raw material prices and supply chain issues brought on by travel restrictions and decreased economic activity. However, the metal magnesium market is anticipated to rebound due to the gradual recovery of industries and the restart of economic activity, particularly given the growing emphasis on lightweight materials, sustainable solutions, and emerging applications in a post-pandemic world.
The automotive segment is anticipated to have largest share during the forecast period. Magnesium-based materials enable the automotive industry to manufacture lighter components, improving fuel efficiency and reducing emissions. The automotive segment has lightweight properties and a high strength-to-weight ratio. Vehicles become more energy-efficient, aiding in sustainability efforts and complying with strict emission regulations, by swapping out heavier materials like steel and aluminum with magnesium alloys. Additionally, the excellent machinability of magnesium enables the design of intricate and complex parts, improving the overall performance and safety of the vehicle.
The magnesium alloys segment is anticipated to have the highest CAGR during the forecast period. Magnesium alloys are highly sought-after materials in a variety of industries due to their excellent combination of low density, high strength, and good corrosion resistance. The adoption of magnesium alloys for parts like engine blocks, transmission cases, and steering columns in the automotive industry has been prompted by the demand for lightweight materials to improve fuel efficiency.
During the forecast period, the Asia Pacific region is anticipated to hold the largest market share. The rising demand for magnesium in the aerospace and automotive industries, as well as the expanding construction and electronics sectors, are all contributing to the region's dominance. China holds a sizable portion of the Asia Pacific market and is the region's top producer and consumer of magnesium. Additionally, the region's access to cheap labor and raw materials has helped to increase magnesium production. In addition, rising interest in electric vehicles and rising investments in R&D for products based on magnesium are anticipated to fuel market expansion in the area.
The market for metal magnesium is anticipated to grow at the highest CAGR in the North America region during the forecast period. The demand for lightweight materials in the automotive and aerospace sectors is increasing, and this demand is fueling the region's market expansion along with the rising popularity of electric vehicles. Further boosting the growth of the metal magnesium market in North America is expected to be the presence of significant magnesium producers and rising investments in research and development activities for magnesium-based products. Additionally, it is anticipated that the use of magnesium alloys in medical implants and other devices will support market expansion in North America.
Some of the key players in Metal Magnesium market include: Alliance Magnesium, China Magnesium Corporation, Dead Sea Magnesium (ICL Group), Esan Eczacibasi, Fu Gu Yi De Magnesium Alloy Co.Ltd, ICL GROUP, Latrobe Magnesium, Nanjing Yunhai Special Metals Co. Ltd, Nippon Kinzoku Co. Ltd., POSCO, Regal Metal, Rima Group, Shanghai Sunglow Investment (Group) Co., Ltd., Shanxi Wenxi Zhenxin Magnesium Co., Ltd, Taiyuan Tongxiang Metal Magnesium. Ltd, US Magnesium LLC, VSMPO-Avisma Corporation, Wenxi YinGuang Magnesium Industry (Group) Co. Ltd and Western Magnesium Corporation.
In February 2023, Western Magnesium Corporation announced its plan to build a new production facility for magnesium metal with an initial annual capacity of 25,000 metric tons and a new research and development center in Nevada. With the help of this new production facility, the company aims to serve automotive, aerospace, airline, eco-friendly technology companies, and Defense Contractors through this expansion.
In July 2022, Chongqing Boao Magnesium-Aluminum Metal Manufacturing Co. Ltd (a wholly owned subsidiary of RSM Group/Nanjing Yunhai Special Metals Co. Ltd) has completed a high-performance magnesium-aluminum alloy and deep processing project (Phase II project) in Chongqing City. The new manufacturing facilities may include a magnesium particle production workshop with a capacity of 7,200 tons per year.
In April 2022, Western Magnesium Corporation announced a non-brokered private placement of USD 3,000,000 in principal amount of unsecured convertible notes.