Global Magnesium Zinc Alloy Market 2023-2030

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    Magnesium-zinc alloys are a combination of two of the most commonly used light metals, magnesium and zinc. Magnesium is known for its strength, light weight, and corrosion resistance, while zinc has a wide range of uses due to its malleability and ductility.  When combined, these two metals create an alloy that has unique properties that can be used in a variety of applications.


    Magnesium-zinc alloys are used in a variety of industries including automotive, aerospace, and sporting goods. In automotive applications, the alloy is often used to make chassis components, suspension arms, and brake parts.


    In aerospace applications, it is used for structural components, such as brackets and clamps, and in the construction of aircraft wings. In sporting goods, magnesium-zinc alloys are used for high-strength components, such as golf clubs, tennis rackets, and baseball bats.


    The advantages of magnesium-zinc alloys include superior strength and wear resistance, high corrosion resistance, good impact strength, and good wear resistance.


    The alloy also has excellent machinability, meaning that it can be easily formed into complex shapes. Additionally, magnesium-zinc alloys are generally more economical than pure magnesium or zinc.


    The main disadvantage of magnesium-zinc alloys is that they tend to be more brittle than pure metals. This can lead to cracking and deformation when exposed to high stress.  Additionally, the alloy is not suitable for applications that require high temperatures. Finally, the alloy is not suitable for welding due to its low melting point.




    infographic: Magnesium Zinc Alloy Market, Magnesium Zinc Alloy Market Size, Magnesium Zinc Alloy Market Trends, Magnesium Zinc Alloy Market Forecast, Magnesium Zinc Alloy Market Risks, Magnesium Zinc Alloy Market Report, Magnesium Zinc Alloy Market Share


    The Global Magnesium Zinc Alloy Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.




    As magnesium alloys are among the lightest structural materials available for commercial use, they have long been employed in spacecraft and aviation applications. Magnesium alloys also possess good machinability, a high specific strength, elastic stiffness, and a great damping capability.


    Zinc is typically combined with aluminium, zirconium, rare earth elements, or thorium to create strong magnesium alloys that precipitate harden.Current energy-saving techniques encouraged attempts to minimise a vehicle’s overall weight as well as the weight of its moving parts.


    Because they may greatly reduce a vehicle’s weight, wrought magnesium alloys have been looked into for use in automotive applications more and more recently. The alloys based on the Mg-Al system, like Mg-Al-Zn (also known as AZ) and Mg-Al-Mn (AM series), are the most often used alloys.


    The low-melting Mg17Al12 phase that occurs in these materials is the reason for their inadequate creep resistance, which makes them unsuitable for uses over 120°C.


    The presence of second phases from the systems Al-RE, Al-Sr, or Al-Ca at the grain boundaries, which are stable compounds with a relatively high melting point, characterises the microstructure of the Mg-Al-RE (AE series), Mg-Al-Ca-Sr (AXJ series), and Mg-Al-Sr (AJ series), which have better creep resistance. These alloys can operate at temperatures no higher than 180°C.


    Iron and nickel impurities that may be present in the magnesium alloy are additional detrimental corrosives that zinc helps counteract. To lower the cost of manufacturing, rare earth metals are added either as “mischmetal compound.”


    A significant improvement in ductility and strength at high temperatures is achieved by adding rare earth elements.Among these, the magnesium-zinc system (Mg-Zn) shows the most promise for the creation of low-cost magnesium alloys with improved strength and resilient against corrosion.


    To obtain a fair compromise between mechanical properties and corrosion performance, this thesis synthesised and investigated in detail low-Zn containing Mg-Zn alloys that were micro-alloyed with different ternary alloying components.



    1. How many Magnesium Zinc Alloy are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Magnesium Zinc Alloy and key vendor selection criteria
    3. Where is the Magnesium Zinc Alloy manufactured? What is the average margin per unit?
    4. Market share of Global Magnesium Zinc Alloy market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Magnesium Zinc Alloy in-house
    6. key predictions for next 5 years in Global Magnesium Zinc Alloy market
    7. Average B-2-B Magnesium Zinc Alloy market price in all segments
    8. Latest trends in Magnesium Zinc Alloy market, by every market segment
    9. The market size (both volume and value) of the Magnesium Zinc Alloy market in 2023-2030 and every year in between?
    10. Production breakup of Magnesium Zinc Alloy market, by suppliers and their OEM relationship


    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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