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Global Magnesium Metal Market is anticipated to increase at a CAGR of 7.1% during 2016-2026 Business Articles | July 11 Scarpe Uomo Nike Shox Avenue 803 Nere , 2016

Future Market Insights has announced the addition of the “Magnesium Metal Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.



Global demand for magnesium metal will reach 1,085 KT in 2016, representing market value worth US$ 3.13 Bn. Steady automotive sales in the US and Western Europe, combined with a rapidly growing Asia Pacific automotive market will continue to drive demand for magnesium Uomo Nike Shox Avenue 802 Scarpe Nere Argento , as manufacturers increase their emphasis on fuel efficiency and emission control. Magnesium’s applications in making automotive wheels, transmission cases, and engine blocks will continue to fuel demand in 2016 and beyond.


Environmental and legislative influences will continue to promote the use of magnesium vis-à-vis steel and aluminium. As lightweight and fuel-efficient vehicles gain centre stage in the automotive landscape, magnesium is gaining traction as a preferred manufacturing material.


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Application-wise Uomo Nike Air Huarache Premium Pack Scarpe Rosse , magnesium alloys and die-casting will continue to remain the largest segments, accounting for 349 KT and 302 KT respectively in 2016. Demand will also be supported by magnesium’s growing applications in iron and steel desulphurisation. Magnesium will continue to witness stable demand from the aerospace sector, owing to its excellent properties as a reductant in manufacturing titanium.


While magnesium’s excellent properties will continue to boost its adoption in end-use industries, slower economic growth and stringent import regulations can impede demand in 2016. Leading players in the magnesium metal landscape are expected to focus on capacity expansions and capacity additions to address these challenges.


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Asia Pacific excluding Japan (APEJ) will remain the largest market for magnesium metals Nike Air Huarache Pelle Scarpe Nere Bianche , accounting for 518 KT of magnesium in 2016, up from 482 KT in 2015. The region accounts for a major share in overall global automotive and steel production, and magnesium is widely used in these industries. China will continue to be the most lucrative market for magnesium -- of the overall global magnesium production capacity, around 85% is concentrated in China Nike Air Huarache Pelle Scarpe Bianche , while the remainder is distributed in pockets across the globe. Key China based players include Taiyuan Tongxiang Magnesium Co., Ltd, Shanxi Wenxi Hongfu Magnesium Co., Ltd. Nike Air Huarache Ultra BR Footwear Verde ,Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., and Shanxi Wenxi Zhenxin Magnesium Co., Ltd. among others. Some of the key players based outside of China include US Magnesium LLC.; Dead Sea Magnesium Ltd.; POSCO; RIMA Group; Solikamsk Magnesium Works OAO. Players based outside China are channelising efforts towards ramping up production capacities to better cater to growing magnesium demand across the globe. Over the next two to three years several new magnesium production facilities are slated to become operational across the globe.


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Have you ever talked to a service provider and thought they were wrong for you? Then you talked to your colleague and they raved about them. So you went down the path of hiring them and found them to be the 'service provider from hell?. This is not an unfamiliar scenario.


Business styles vary from company to company and within the company Nike Air Huarache Run Ultra Scarpe Rosse , from person to person. We tend to check out our friends before we let them into our circle. However, we rarely spend time on checking out our service providers to that degree. This is especially true of entrepreneurs. They rely heavily on referrals. In fact, referrals from trusted colleagues are often taken as gospel truth. Most entrepreneurs learn their lessons the hard way.


So how do we check out our service providers so there are no problems down the road? Let's analyse this with a case study. Recently, Vintage Company (not its real name) was considered to do a website for an entrepreneur. Initial calls to the company were met with no calls back. Therefore Uomo Nike Air Huarache Ultra BR Scarpe Marrone , the company was eliminated as a possibility for business. This was a great move. However, as time passed, a respected source referred the company in glowing terms. Considering the opinion of the source to be highly reliable, the company was hired to design the website


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How do we not repeat such an episode? Intuition must be listened to at all times. It supersedes referrals. Don't allow the cerebral part of you to get in the way. It is true that business decisions have to be based on data. If your intuition tells you something Uomo Nike Air Huarache Drift Casual Scarpe Diffused Blu , then feel it out and go with it. It is making you aware of data that you are forgetting.


Get to know your service provider at different times of the day and be relentless. Talk to at least 5 people they have recently served. Do not stop at one customer. Make time to contact many more.


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