Press release
Magnesium Neodymium Master Alloy Market Growth, Competitive Landscape 2023: Top Key Players, Qualitative Insights, Upcoming Trends, Demand Scope and Share Forecast to 2030 |
The latest report on the global Magnesium Neodymium Master Alloy market suggests a positive growth rate in the coming years. Analysts have studied the historical data and compared it with the current market scenario to determine the trajectory this market will take in the coming years. The investigative approach taken to understand the various aspects of the market is aimed at giving the readers a holistic view of the global Magnesium Neodymium Master Alloy market. The research report provides an exhaustive research report that includes an executive summary, definition, and scope of the market.
Global Magnesium Neodymium Master Alloy Market: Segmentation
The global Magnesium Neodymium Master Alloy market is segmented on the basis of technology, products, services, and applications. The segmentation is intended to give the readers a detailed understanding of the global market and the essential factors comprising it. This allows giving a better description of the drivers, restraints, threats, and opportunities. It also notes down socio-economic factors that are impacting the trajectory of the global Magnesium Neodymium Master Alloy market.
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Magnesium neodymium master alloy is an alloy produced by adding neodymium to pure magnesium. The resulting alloy contains a certain proportion of neodymium, typically between 2-20%, and the rest is pure magnesium. The addition of neodymium can improve the mechanical and physical properties of magnesium alloys, including increased strength, ductility, and corrosion resistance. Magnesium neodymium master alloys are produced using various methods, including vacuum melting and casting, powder metallurgy, and other technologies.
According to QYResearch's new survey, global Magnesium Neodymium Master Alloy market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Magnesium Neodymium Master Alloy market research.
Key manufacturers engaged in the Magnesium Neodymium Master Alloy industry include Nizi International SA, AMG Advanced Metallurgical Group NV, KBM Affilips BV, Stanford Advanced Materials, Rare Earth Salts, JMC Rare Earth Corp., Hunan Oriental Scandium Co., Ltd., Shanxi Xinghua Cun International Trading Co., Ltd. and Dongguan Hilbo Magnesium Alloy Material Co., Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Magnesium Neodymium Master Alloy production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Magnesium Neodymium Master Alloy were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Magnesium Neodymium Master Alloy market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Magnesium Neodymium Master Alloy market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
By Company
Nizi International SA
AMG Advanced Metallurgical Group NV
KBM Affilips BV
Stanford Advanced Materials
Rare Earth Salts
JMC Rare Earth Corp.
Hunan Oriental Scandium Co., Ltd.
Shanxi Xinghua Cun International Trading Co., Ltd.
Dongguan Hilbo Magnesium Alloy Material Co., Ltd.
China Minmetals Rare Earth Co., Ltd.
Beijing Loyaltarget Technology Co., Limited
Suzhou Jintai Antistatic Technology Co., Ltd.
Henan Star Metallurgy Material Co., Ltd.
Qingdao Longquan Hongda Copper & Aluminum Casting Co., Ltd.
Shanghai Ruier Industrial Co., Ltd.
KOMETAL LLC
Henan Guorui Metallurgical Refractories Co., Ltd.
Shenzhen Topray Solar Co., Ltd.
Heeger Materials
Segment by Type
Powdery Magnesium Neodymium Master Alloy
Bulk Magnesium Neodymium Master Alloy
Segment by Application
Automobile
Electronics
Medical Care
Aerospace
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Magnesium Neodymium Master Alloy report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers' Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers' Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
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