Magnesium Raw Materials Market size valued USD 422.4 million in 2020 and expected to reach USD 457.2 million by 2027, at a CAGR of 4.2% during the forecast period 2021-2027. Upsurge in demand for magnesium and its alloys, particularly from the automotive industry is positively impacting the market growth. Furthermore, growth in the usage of magnesium in the manufacturing of aluminum alloys and in die molding methods is projected to escalate the demand for magnesium raw materials. Moreover, rising acceptance of aluminum-magnesium alloys coupled with die cast magnesium in transport segment is anticipated to appendage the market growth. In addition, developments in technology besides increasing investments in R&D activities to accomplish the cumulative demands of magnesium is expected to bolster the demand for magnesium raw materials. However, emission of harmful UV radiations when burnt and explosive nature of magnesium raw materials tends to hamper the growth of market. This report studies global Magnesium Raw Materials industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Magnesium Raw Materials industry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).