Product Code: ETC191377 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand magnesium metal market was estimated is projected to gain enormous growth. The increasing demand for lightweight materials from various end-use industries such as automotive, electronics and construction has been driving the growth of the market over recent years. The rising trend towards replacing traditional metals with magnesium metal due to its superior properties including high strength and low weight is further aiding in propelling the market growth. Additionally, there has been an increase in focus on research & development activities which aims to reduce production cost along with technological advancements that have enabled better processing techniques have also contributed positively towards market expansion.
The Thailand magnesium metal market benefits from the metal`s widespread use in industries like aerospace, automotive, and electronics due to its lightweight and high-strength properties. The growth of these industries drives the demand for magnesium-based components and materials.
The magnesium metal market encounters challenges related to energy-intensive production processes. Finding sustainable and energy-efficient methods of magnesium extraction and refining is a priority to mitigate environmental impacts.
Reduced industrial activities and automotive production affected magnesium metal demand, impacting the market. Supply chain challenges and decreased demand contributed to shifts in market dynamics.
In the Thailand magnesium metal market, companies like Thai Central Metal Powder Co., Ltd., play a role in producing and supplying magnesium metal used in metallurgical and industrial applications.
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 Thailand Magnesium Metal Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Magnesium Metal Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Magnesium Metal Market - Industry Life Cycle |
3.4 Thailand Magnesium Metal Market - Porter's Five Forces |
3.5 Thailand Magnesium Metal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Magnesium Metal Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Thailand Magnesium Metal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing awareness about the benefits of magnesium metal in reducing carbon footprint |
4.2.3 Government initiatives to promote sustainable manufacturing practices in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited availability of skilled labor for magnesium metal processing |
4.3.3 Stringent environmental regulations affecting production processes |
5 Thailand Magnesium Metal Market Trends |
6 Thailand Magnesium Metal Market, By Types |
6.1 Thailand Magnesium Metal Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Magnesium Metal Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Magnesium Metal Market Revenues & Volume, By Die Casting, 2021-2031F |
6.1.4 Thailand Magnesium Metal Market Revenues & Volume, By Aluminum Alloys, 2021-2031F |
6.1.5 Thailand Magnesium Metal Market Revenues & Volume, By Titanium Reduction, 2021-2031F |
6.1.6 Thailand Magnesium Metal Market Revenues & Volume, By Iron & Steel Making, 2021-2031F |
6.1.7 Thailand Magnesium Metal Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Magnesium Metal Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Thailand Magnesium Metal Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Magnesium Metal Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Thailand Magnesium Metal Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 Thailand Magnesium Metal Market Revenues & Volume, By Sports, 2021-2031F |
6.2.6 Thailand Magnesium Metal Market Revenues & Volume, By Medical, 2021-2031F |
6.2.7 Thailand Magnesium Metal Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Magnesium Metal Market Import-Export Trade Statistics |
7.1 Thailand Magnesium Metal Market Export to Major Countries |
7.2 Thailand Magnesium Metal Market Imports from Major Countries |
8 Thailand Magnesium Metal Market Key Performance Indicators |
8.1 Energy efficiency improvements in magnesium production processes |
8.2 Adoption rate of magnesium alloys in new product applications |
8.3 Investment in research and development for magnesium metal technologies |
8.4 Recycling rate of magnesium scrap materials |
8.5 Number of collaborations between industry players to promote magnesium metal applications |
9 Thailand Magnesium Metal Market - Opportunity Assessment |
9.1 Thailand Magnesium Metal Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Magnesium Metal Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Thailand Magnesium Metal Market - Competitive Landscape |
10.1 Thailand Magnesium Metal Market Revenue Share, By Companies, 2024 |
10.2 Thailand Magnesium Metal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |