Magnesium Market is Forecast to Rise at a CAGR of 5.73% Magnesium Market 2016-2020
Magnesium Market is Forecast to Rise at a CAGR of 5.73% by
volume during the period 2016-2020: Radiant Insights, Inc
Summary
About Magnesium
Magnesium is the third most abundant metal found in the earth's crust with a valence of two, and 1s2, 2s2,
2p6, 3s2, 3p6, 3d5, and 4s2 electron configurations. It belongs to 2A group of the periodic table with
atomic number 12. It occurs in three isotopes: 24Mg, 25Mg, and 26Mg. Magnesium bonds with other
elements very easily and is rarely found in the pure form. Magnesium is found in deposits of more than
60 minerals out of which brucite, carnallite, dolomite, magnesite, olivine, and talc are of commercial
importance.
The global magnesium market to grow at a CAGR of 5.73% by volume during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global magnesium market for
2016-2020. To calculate the market size, the report considers the revenue generated through sales of
magnesium for applications such as aluminum alloys, die casting, titanium refining, steel desulfurization,
and nodular cast iron.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• ROW
Global Magnesium Market 2016-2020, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ningxia Hui-Ye Magnesium Marketing