Market revenue in 2019 | USD 53.3 million |
Market revenue in 2027 | USD 75.0 million |
Growth rate | 4.3% (CAGR from 2019 to 2027) |
Largest segment | Automotive & transportation |
Fastest growing segment | Automotive & Transportation |
Historical data | 2016 - 2018 |
Base year | 2019 |
Forecast period | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Automotive & Transportation, Aerospace & Defense, Electronics, Other Applications |
Key market players worldwide | Nanjing Yunhai Special Metals, Ferroglobe PLC |
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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.
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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