Magnesium Metal Industry: Reaching US$ 9 Billion by 2033, with a CAGR of 5.4%

The magnesium metal industry is predicted to be valued at US$ 5.3 billion in 2023 and US$ 9 billion by 2033. Over the projection period, sales in the magnesium metal market are expected to increase at a CAGR of 5.4%. A significant opportunity lies in the development of magnesium-based batteries. As the demand for energy storage solutions …