Metal Magnesium Market Applications, Drivers and Top
Players Forecast Till 2025
Metal magnesium industry is driven by factors such as growing demand from
automotive sector and rise in use of magnesium in aluminum alloys and die-
casting is expected to drive the metal magnesium market in the assessment
period.
Global Metal Magnesium Market gains a positive traction in the forecast period owing to rise in
commercial value of magnesium for various purposes. By nature, magnesium is a silvery white metal
and is lightest of all metals available for commercial applications. Proportionately, magnesium is
one of the abundant elements and can be acquired from various mineral sources, even from sea-
water.
Magnesium metal offers plenty of versatility and enjoys wider applications across diverse set of
industries. Prominent uses of magnesium metal encompass aluminum alloy production that affects
improved physical properties and capability of such alloys. Die-casting is another prominent
application area of metal magnesium. Its higher affinity of magnesium makes it an ideal for use in
iron and steel desulphurization areas.
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