Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Aluminum-Magnesium Alloys Rod, 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 Rod. This report contains market size and forecasts of Aluminum-Magnesium Alloys Rod in global, including the following market information:
Global Aluminum-Magnesium Alloys Rod Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Aluminum-Magnesium Alloys Rod Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Aluminum-Magnesium Alloys Rod companies in 2023 (%)
The global Aluminum-Magnesium Alloys Rod market was valued at US$ 5281.6 million in 2023 and is projected to reach US$ 6738.3 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aluminum-Magnesium Alloys Rod manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum-Magnesium Alloys Rod Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Rod Market Segment Percentages, by Type, 2023 (%)
Low Magnesium Alloy
High Magnesium Alloy
Global Aluminum-Magnesium Alloys Rod Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Rod Market Segment Percentages, by Application, 2023 (%)
Automobile Industry
Electronics Industry
Rail Transit
Machinery and Equipment
Others
Global Aluminum-Magnesium Alloys Rod Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Aluminum-Magnesium Alloys Rod Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum-Magnesium Alloys Rod revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Aluminum-Magnesium Alloys Rod revenues share in global market, 2023 (%)
Key companies Aluminum-Magnesium Alloys Rod sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Aluminum-Magnesium Alloys Rod sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alcoa
Chalco
Yinhai Aluminum
Yunnan Aluminum
China Hongqiao
Rusal
Rio Tinto
Nanshan Light Alloy
Ahresty
Wanji
Handtmann
Kumz
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aluminum-Magnesium Alloys Rod, market overview.
Chapter 2: Global Aluminum-Magnesium Alloys Rod market size in revenue and volume.
Chapter 3: Detailed analysis of Aluminum-Magnesium Alloys Rod manufacturers competitive landscape, price, sales and 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: Sales of Aluminum-Magnesium Alloys Rod 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 of each country in the world.
Chapter 7: 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 8: Global Aluminum-Magnesium Alloys Rod capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
