| Product Code: ETC4860084 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia Magnesium Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 16.10% in 2025, growth softens to 14.60% in 2029.

By 2027, the Magnesium market in Armenia is anticipated to reach a growth rate of 15.62%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

The overall Magnesium Market in Armenia includes various forms of magnesium used in industries ranging from automotive to pharmaceuticals. The demand for magnesium is driven by its lightweight and versatile properties.
Armenia`s magnesium market is driven by metallurgical applications, alloy production, and pharmaceutical uses. Key drivers include demand in automotive lightweighting, medical treatments, and renewable energy sectors.
The magnesium market in Armenia deals with challenges such as fluctuating global demand for magnesium and the impact of geopolitical factors on magnesium prices. Additionally, there are issues related to environmental regulations on magnesium mining and the need for continuous innovation to develop sustainable magnesium extraction technologies.
Government policies in Armenia related to the Magnesium market aim to develop a sustainable supply chain for magnesium-based products. Policies include geological surveys for magnesium reserves mapping, technology transfer partnerships for magnesium extraction and refining, and export tariffs on raw magnesium to promote local processing capacity and value-added production.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Magnesium Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Magnesium Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Magnesium Market - Industry Life Cycle |
3.4 Armenia Magnesium Market - Porter's Five Forces |
3.5 Armenia Magnesium Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Armenia Magnesium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Armenia Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Armenia Magnesium Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Armenia Magnesium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Magnesium Market Trends |
6 Armenia Magnesium Market Segmentations |
6.1 Armenia Magnesium Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Armenia Magnesium Market Revenues & Volume, By Thermal Reduction Process, 2021-2031F |
6.1.3 Armenia Magnesium Market Revenues & Volume, By Electrolytic Process, 2021-2031F |
6.1.4 Armenia Magnesium Market Revenues & Volume, By Recycling, 2021-2031F |
6.2 Armenia Magnesium Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Armenia Magnesium Market Revenues & Volume, By Pure Magnesium, 2021-2031F |
6.2.3 Armenia Magnesium Market Revenues & Volume, By Magnesium Compounds, 2021-2031F |
6.2.4 Armenia Magnesium Market Revenues & Volume, By Magnesium Alloys, 2021-2031F |
6.2.5 Armenia Magnesium Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Magnesium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Magnesium Market Revenues & Volume, By Die casting, 2021-2031F |
6.3.3 Armenia Magnesium Market Revenues & Volume, By Aluminum alloys, 2021-2031F |
6.3.4 Armenia Magnesium Market Revenues & Volume, By Titanium reduction, 2021-2031F |
6.3.5 Armenia Magnesium Market Revenues & Volume, By Iron & steelmaking, 2021-2031F |
6.3.6 Armenia Magnesium Market Revenues & Volume, By others, 2021-2031F |
6.4 Armenia Magnesium Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Armenia Magnesium Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Armenia Magnesium Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Armenia Magnesium Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Armenia Magnesium Market Revenues & Volume, By Medical and Healthcare, 2021-2031F |
6.4.6 Armenia Magnesium Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Armenia Magnesium Market Revenues & Volume, By Electronics, 2021-2031F |
7 Armenia Magnesium Market Import-Export Trade Statistics |
7.1 Armenia Magnesium Market Export to Major Countries |
7.2 Armenia Magnesium Market Imports from Major Countries |
8 Armenia Magnesium Market Key Performance Indicators |
9 Armenia Magnesium Market - Opportunity Assessment |
9.1 Armenia Magnesium Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Armenia Magnesium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Armenia Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Armenia Magnesium Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Armenia Magnesium Market - Competitive Landscape |
10.1 Armenia Magnesium Market Revenue Share, By Companies, 2024 |
10.2 Armenia Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |