Regions Covered
China
USA
Magnesium metal can be derived from vast number of sources which includes seawater, natural brines, dolomite and other minerals. The reserves are sufficient to meet the current and future demand. Production pertains to primary magnesium metal production at a global level. Secondary magnesium production accounted for 20-25% of the total supply in 2016. The market is expected to be driven by demand from automotive sector until 2019
China is expected to be the most lucrative market for the magnesium metal and this trend is expected to continue in the upcoming years. Demand from all the regions is expected to grow in the upcoming years as Environmental and legislative influences would propel the use of magnesium. China is the biggest producer and consumer of magnesium in the world and this market dynamics is expected to continue in the upcoming years. There could be shutdown of Pidgeon plants, however this shall be offset by supply from Qinghai Salt Lake plant. Around 216,000 tons of magnesium of unwrought containg >= 99.8% grade was exported from China to the world in 2016. Netherlands, Japan and Canada were top 3 importers from China accounting for an average of 26%, 11% and 8% respectively during the 3 year period
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
Want a more detailed personalised report?
With the purchase of the report, you also get
3 free content
Upto 3 free content refreshes on the report over the next 12 months
12 month access to Beroe LiVE
Complimentary 12 month access to Beroe LiVE, the worldās largest procurement-only community
Reports in .PPT format
Ability to request for the report in .PPT format
Access to āProcurement Espressoā
Complimentary access to āProcurement Espressoā magazine, which has a reach of 50,000+ sourcing professionals
Pick your Commodity
With the purchase of the report, you also get
3 free content
Upto 3 free content refreshes on the report over the next 12 months
12 month access to Beroe LiVE
Complimentary 12 month access to Beroe LiVE, the worldās largest procurement-only community
Reports in .PPT format
Ability to request for the report in .PPT format
Access to āProcurement Espressoā
Complimentary access to āProcurement Espressoā magazine, which has a reach of 50,000+ sourcing professionals
Pick your Commodity
With the purchase of the report, you also get
3 free content
Upto 3 free content refreshes on the report over the next 12 months
12 month access to Beroe LiVE
Complimentary 12 month access to Beroe LiVE, the worldās largest procurement-only community
Reports in .PPT format
Ability to request for the report in .PPT format
Access to āProcurement Espressoā
Complimentary access to āProcurement Espressoā magazine, which has a reach of 50,000+ sourcing professionals
Pick your Category
With the purchase of the report, you also get
3 free content
Upto 3 free content refreshes on the report over the next 12 months
12 month access to Beroe LiVE
Complimentary 12 month access to Beroe LiVE, the worldās largest procurement-only community
Reports in .PPT format
Ability to request for the report in .PPT format
Access to āProcurement Espressoā
Complimentary access to āProcurement Espressoā magazine, which has a reach of 50,000+ sourcing professionals
Pick your Category
If you are invited to participate in the KYS program by your client, please refer to the client communication to complete the registration process.
Beroe is a global SaaS-based procurement intelligence and analytics provider. We deliver intelligence, data, and insights that enable companies to make smarter sourcing decisions ā leading to lower cost, reduced risk, and greater profits. Beroe has been a trusted source of intelligence for more than 15 years and presently partners with 10,000 companies worldwide, including 400 of the Fortune 500 companies.
Copyright Ā© 2022 Beroe Inc / Beroe Consulting India Pvt Ltd. | All rights reserved.
Please enter all values in the fields.