RARE EARTH MAGNESIUM ALLOY MARKET

INTRODUCTION

 Magnesium rare earth element (Mg-REE) alloys are actively used as bone implants in orthopaedic applications due to their biocompatibility, strength, and degradation rate. When casted, pure Mg has a low strength and a high rate of degradation.

Rare earth alloy magnets have a high coercive force (Hc) and residual induction (Br). These alloys are processed to provide the maximum energy product, which is the numerical value of the energy product HcBr in the second quadrant (top left) of the hysteresis curve.

RARE EARTH MAGNESIUM ALLOY MARKETSIZE AND FORECAST

TheGlobal Rare Earth Magnesium Alloy Marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

RARE EARTH MAGNESIUM ALLOY MARKETRECENT DEVELOPMENT

Rigg metal rare earth magnesium alloy has been successfully applied to VIVO's new mobile phone.A VIVO subsidiary held the new model's premiere, and the iQOO Neo5S phone made its debut.

The rare earth magnesium alloy material with high toughness and strong thermal conductivity is used in the metal heat dissipation bracket of this sort of cell phone, according to Shanxi Ruige Metal New Material Co., Ltd. (hereinafter referred to as Rudiger Metal).

The "all-weather atomic heat dissipation engine" has a model with better thermal conductivity that is twice as high as that of the entire device.

Rare earths are referred to as "industrial gold" and the "mother of new materials." They are frequently employed in the manufacturing of weapons, superconductivity, hydrogen storage, automotive engine brackets, and aeronautical engine shells, among other things.

With the advent of the 5G communication era, the integration of 3C products like mobile phones is increasing, the volume is growing smaller, and the ratio of power density to heat flux is getting higher. This raises the bar for equipment heat dissipation needs.

Mobile phones and tablet computers are two examples of terminal consumer devices that frequently use rare earth minerals.Rigg Metal has established an independently developed magnesium alloy material with high toughness and high thermal conductivity, and successfully achieved mass manufacturing in order to address the urgent needs of end customers for weight loss and heat dissipation.

Similar items have been highly accepted and are widely employed both domestically and internationally in many different industries.

The elongation and heat conductivity of rare earth magnesium alloy have significantly improved when compared to typical magnesium alloy, and the die-casting performance is comparable, allowing it to be utilised for die-casting ultra-thin-walled parts while maintaining the same strength.

Personnel associated with Rigg Metals stated that they would continue to focus their efforts on the research and development of high-performance iterative products and aluminum-magnesium alloy products in order to offer material solutions with less weight, better thermal conductivity, and better structure for a variety of fields.

RARE EARTH MAGNESIUM ALLOY MARKETCOMPANY PROFILE

• REMT Group
• Alfa Chemistry
• FENGERDA GROUP
• Shanxi Bada Magnesium Co., Ltd
• Century Sunshine Group Holdings Ltd

RARE EARTH MAGNESIUM ALLOY MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Rare Earth Magnesium Alloy are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Rare Earth Magnesium Alloy and key vendor selection criteria
3. Where is the Rare Earth Magnesium Alloy manufactured? What is the average margin per unit?
4. Market share of Global Rare Earth Magnesium Alloy market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Rare Earth Magnesium Alloy in-house
6. key predictions for next 5 years in Global Rare Earth Magnesium Alloy market
7. Average B-2-B Rare Earth Magnesium Alloy market price in all segments
8. Latest trends in Rare Earth Magnesium Alloy market, by every market segment
9. The market size (both volume and value) of the Rare Earth Magnesium Alloy market in 2024-2030 and every year in between?
10. Production breakup of Rare Earth Magnesium Alloy market, by suppliers and their OEM relationship