Magnesium Market Price, Report, Growth by Forecast period by 2027 The global magnesium market price is set to gain traction from the increasing demand for a safer alternative to lithium-ion batteries. Fortune Business Insights™ presented this information in a new report, titled, “Magnesium Market Size, Share The report further states that the market size was USD 4,115.0 million in 2019 and is projected to reach USD 5,928.1 million by 2027, exhibiting a CAGR of 5.4% during the forecast period. Based on the application, the desulfurization segment earned 13.2% in terms of the magnesium market share in 2019. https://www.fortunebusinessinsights.com/magnesium-market-104713