| Product Code: ETC4860133 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland continued to see a significant influx of magnesium imports, with top exporting countries being Germany, UK, Australia, China, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 34.17%, with a strong growth rate of 30.0% from 2023 to 2024. This data suggests a robust demand for magnesium in Ireland, pointing towards potential opportunities for market expansion and strategic partnerships in the coming years.

By 2027, the Magnesium market in Ireland is anticipated to reach a growth rate of 0.00%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Ireland Magnesium Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Magnesium Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Magnesium Market - Industry Life Cycle |
3.4 Ireland Magnesium Market - Porter's Five Forces |
3.5 Ireland Magnesium Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Ireland Magnesium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Ireland Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Ireland Magnesium Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Ireland Magnesium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for magnesium in the automotive industry due to its lightweight and high strength properties. |
4.2.2 Increasing use of magnesium in the aerospace and defense sectors for its superior performance in lightweight applications. |
4.2.3 Rising awareness about the benefits of magnesium in healthcare and pharmaceutical industries for its role in bone health and overall well-being. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of magnesium in the global market impacting the cost-effectiveness of production. |
4.3.2 Limited availability of magnesium resources in Ireland leading to dependency on imports. |
4.3.3 Environmental concerns related to the extraction and processing of magnesium impacting sustainability efforts. |
5 Ireland Magnesium Market Trends |
6 Ireland Magnesium Market Segmentations |
6.1 Ireland Magnesium Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Ireland Magnesium Market Revenues & Volume, By Thermal Reduction Process, 2021-2031F |
6.1.3 Ireland Magnesium Market Revenues & Volume, By Electrolytic Process, 2021-2031F |
6.1.4 Ireland Magnesium Market Revenues & Volume, By Recycling, 2021-2031F |
6.2 Ireland Magnesium Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Ireland Magnesium Market Revenues & Volume, By Pure Magnesium, 2021-2031F |
6.2.3 Ireland Magnesium Market Revenues & Volume, By Magnesium Compounds, 2021-2031F |
6.2.4 Ireland Magnesium Market Revenues & Volume, By Magnesium Alloys, 2021-2031F |
6.2.5 Ireland Magnesium Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ireland Magnesium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ireland Magnesium Market Revenues & Volume, By Die casting, 2021-2031F |
6.3.3 Ireland Magnesium Market Revenues & Volume, By Aluminum alloys, 2021-2031F |
6.3.4 Ireland Magnesium Market Revenues & Volume, By Titanium reduction, 2021-2031F |
6.3.5 Ireland Magnesium Market Revenues & Volume, By Iron & steelmaking, 2021-2031F |
6.3.6 Ireland Magnesium Market Revenues & Volume, By others, 2021-2031F |
6.4 Ireland Magnesium Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Ireland Magnesium Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Ireland Magnesium Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Ireland Magnesium Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Ireland Magnesium Market Revenues & Volume, By Medical and Healthcare, 2021-2031F |
6.4.6 Ireland Magnesium Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Ireland Magnesium Market Revenues & Volume, By Electronics, 2021-2031F |
7 Ireland Magnesium Market Import-Export Trade Statistics |
7.1 Ireland Magnesium Market Export to Major Countries |
7.2 Ireland Magnesium Market Imports from Major Countries |
8 Ireland Magnesium Market Key Performance Indicators |
8.1 Percentage increase in the adoption of magnesium in new automotive models in Ireland. |
8.2 Number of new applications or industries using magnesium for the first time in the Irish market. |
8.3 Amount of investment in research and development for magnesium-based technologies in Ireland. |
9 Ireland Magnesium Market - Opportunity Assessment |
9.1 Ireland Magnesium Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Ireland Magnesium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Ireland Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Ireland Magnesium Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Ireland Magnesium Market - Competitive Landscape |
10.1 Ireland Magnesium Market Revenue Share, By Companies, 2024 |
10.2 Ireland Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |