Rising Lightweight Vehicle Demand Accelerates Magnesium Alloy Adoption Automotive industry's relentless pursuit of light weighting is propelling the magnesium alloy market into a period of accelerated growth. Valued at USD 1.5 billion in 2024, the market for magnesium alloys in automotive lightweight applications is projected to expand from USD 1.65 billion in 2025 to USD 3.2 billion by 2032, achieving a robust compound annual growth rate (CAGR) of 8.7%. Get Full Report Here: https://www.24chemicalresearch.com/reports/217859/magnesium-alloys-for-automotive-lightweight-market