Magnesium Thixomolding Machine Market Insights Video
According to Cognitive Market Research, The Global Magnesium Thixomolding Machine market size is USD 5.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 11.80% from 2023 to 2030.
The demand for magnesium thixomolding machines marketis rising due tothe demand for lighter materials, with magnesium alloys offering numerous advantages.
Demand for Type II remains higher in themagnesium thixomolding machine market.
The Alloys category held the highest magnesium thixomolding machine market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific magnesium thixomolding machine marketwill experience the strongest growth until 2030.
