Magnesium Alloys Market Size to Reach USD 3.19 Billion by 2026; CAGR of 12.7% : Reports and Data
According to the current analysis of Reports and Data, the global Magnesium Alloys market was valued at USD 1.21 Billion in 2018 and is expected to reach USD 3.19 Billion by year 2026, at a CAGR of 12.7%. Owing to its ability to absorb energy, low density, extensive heat dissipation capacity, vibration absorption, high elasticity modulus, and high impact bearing capacity, magnesium alloys are considered unique. The demand of the consumers for light-weight vehicles to enhance the performance of these vehicles is...
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