France Magnesium Alloys Market Size & Outlook, 2019-2027

The magnesium alloys market in France is expected to reach a projected revenue of US$ 75.0 million by 2027. A compound annual growth rate of 4.3% is expected of France magnesium alloys market from 2020 to 2027.
Revenue, 2019 (US$M)
$53.3
Forecast, 2027 (US$M)
$75.0
CAGR, 2020 - 2027
4.4%
Report Coverage
France

France magnesium alloys market highlights

  • The France magnesium alloys market generated a revenue of USD 53.3 million in 2019 and is expected to reach USD 75.0 million by 2027.
  • The France market is expected to grow at a CAGR of 4.3% from 2020 to 2027.
  • In terms of segment, automotive & transportation was the largest revenue generating application in 2019.
  • Automotive & Transportation is the most lucrative application segment registering the fastest growth during the forecast period.


Magnesium alloys market data book summary

Market revenue in 2019USD 53.3 million
Market revenue in 2027USD 75.0 million
Growth rate4.3% (CAGR from 2019 to 2027)
Largest segmentAutomotive & transportation
Fastest growing segmentAutomotive & Transportation
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationAutomotive & Transportation, Aerospace & Defense, Electronics, Other Applications
Key market players worldwideNanjing Yunhai Special Metals, Ferroglobe PLC


Other key industry trends

  • In terms of revenue, France accounted for 1.7% of the global magnesium alloys market in 2019.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In Europe, Germany magnesium alloys market is projected to lead the regional market in terms of revenue in 2027.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 341.8 million by 2027.

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Magnesium Alloys Market Companies

Name Profile # Employees HQ Website

France magnesium alloys market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnesium alloys market will help companies and investors design strategic landscapes.


Automotive & transportation was the largest segment with a revenue share of 52.91% in 2019. Horizon Databook has segmented the France magnesium alloys market based on automotive & transportation, aerospace & defense, electronics, other applications covering the revenue growth of each sub-segment from 2016 to 2027.


France has the presence of one of the prominent automotive and aerospace industries in the world. Major automotive companies such as Peugeot and Renault have established their production facilities in the country.

Airbus SE, the world’s largest aerospace company, operates a major manufacturing facility in France. Ascending demand for aircraft and its growing production is consequently expected to drive the market in the country over the forecast period. Furthermore, the presence of these companies has led to the development of components manufacturing and other ancillary industries.

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Horizon Databook provides a detailed overview of country-level data and insights on the France magnesium alloys market, including forecasts for subscribers. This country databook contains high-level insights into France magnesium alloys market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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France magnesium alloys market size, by application, 2016-2027 (US$M)

France Magnesium Alloys Market Share, 2019 & 2027 (US$M)

France magnesium alloys market size, by application, 2016-2027 (US$M)

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