Magnesium Alloys in Automotive Market Set to Expand at 12% CAGR by...

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2025-02-21 09:40:11 -

Magnesium Alloys in Automotive Market Set to Expand at 12% CAGR by 2030

Magnesium Alloys in Automotive Market Overview The Global Magnesium Alloys In The Automotive Market is witnessing significant growth, driven by the automotive industry's increasing focus on reducing vehicle weight and enhancing fuel efficiency. Valued at approximately USD 2.2 billion in 2024, the magnesium alloys in the automotive market is projected to reach around USD 4.3 billion by 2030,...

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