Magnesium Alloys Market Worth 2.37 Billion USD by 2023
The magnesium alloys market is driven by the increasing demand for magnesium alloys from the industries such as automotive & transportation, electronics, and aerospace & defense. The growing demand for magnesium alloys from powertrain and body structure applications in automobiles and 3Cs (cell phones, communications, and consumer electronics) applications in the electronics industry around the globe is expected to increase the demand for magnesium alloys in the coming years.
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