The Growing Demand for Magnesium in Fuel-Efficient Vehicles Drives Market Growth
The global metal magnesium market is expected to grow from US$ 5.04 billion in 2024 to US$ 8.36 billion by 2034, reflecting a CAGR of 5.2% over the forecast period. The metal magnesium market centers on the production and utilization of magnesium, a lightweight and versatile metal known for its strength and corrosion resistance. Magnesium is widely used across several industries,...
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