Top 10 Companies in the Magnesium Composites Industry (2025): Market Leaders Powering Next-Generation Lightweight Innovation

In Business Insights
October 22, 2025

The Global Magnesium Composites Market was valued at USD 680 Million in 2024 and is projected to reach USD 1.45 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2032). This growth is being driven by increasing aerospace manufacturing, automotive lightweighting initiatives, and the accelerating adoption of Sustainable Magnesium Composite Solutions across aerospace, automotive, and electronics sectors.

As global industries transform toward fuel efficiency and emission reduction, the spotlight is on the key material innovators who are driving performance, efficiency, and advanced engineering pathways. In this blog, we profile the Top 10 Companies in the Magnesium Composites Industry—a mix of material science leaders, advanced manufacturers, and sustainable composite pioneers shaping the future of lightweight materials.


🔟 1. Materion Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: Advanced Magnesium Matrix Composites, Nanocomposites

Materion Corporation stands as a global leader in high-performance engineered materials, offering specialized magnesium composite solutions for aerospace, defense, and automotive applications. Their materials division develops custom magnesium composites with enhanced mechanical properties, thermal stability, and corrosion resistance through advanced alloying and reinforcement technologies.

Sustainability Initiatives:

  • Development of recyclable magnesium composite formulations

  • Sustainable material development partnerships with aerospace OEMs

  • Investment in closed-loop manufacturing processes for composite materials

Download FREE Sample Report:
Magnesium Composites Market – View in Detailed Research Report


9️⃣ 2. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Magnesium Composite Powders, Reinforced Alloy Systems

3M’s advanced materials division leverages proprietary technologies to manufacture high-performance magnesium composites with exceptional strength-to-weight ratios and dimensional stability for critical applications.

Sustainability Initiatives:

  • Patent filings for flame-retardant magnesium composite solutions

  • R&D focused on next-generation magnesium-based materials for various industries.


8️⃣ 3. CPS Technologies Corporation

Headquarters: Norton, Massachusetts, USA
Key Offering: Aluminum Silicon Carbide Composites, Thermal Management Materials

CPS Technologies specializes in metal matrix composites, developing advanced magnesium composite systems for thermal management, structural components, and specialized industrial applications.

Sustainability Initiatives:

  • Development of magnesium composites with improved thermal conductivity

  • Custom composite solutions for defense and aerospace contractors with stringent performance requirements.


7️⃣ 4. Magnesium Elektron

Headquarters: Manchester, United Kingdom
Key Offering: Magnesium Alloy Powders, Composite Precursor Materials

As a subsidiary of Luxfer Holdings, Magnesium Elektron focuses on specialized magnesium alloys and composite materials for high-value applications across multiple sectors.

Sustainability Initiatives:

  • Manufacturing process innovations for reduced energy consumption


6️⃣ 5. GKN Powder Metallurgy

Headquarters: Radevormwald, Germany
Key Offering: Sintered Magnesium Composites, Powder-Based Composite Systems

GKN’s powder metallurgy business unit develops advanced sintered magnesium composites through proprietary manufacturing processes for automotive and industrial applications.

Sustainability Initiatives:

  • Expansion of additive manufacturing capabilities for magnesium composite components.

Download FREE Sample Report:
Magnesium Composites Market – View in Detailed Research Report


5️⃣ 6. Deutsche Edelstahlwerke GmbH

Headquarters: Witten, Germany
Key Offering: Custom Magnesium Composite Formulations, Reinforced Alloy Systems

Deutsche Edelstahlwerke specializes in high-performance materials, including advanced magnesium composites for specialized industrial applications and advanced manufacturing sectors.

Sustainability Initiatives:

  • Quality certification for aerospace and medical device applications


4️⃣ 7. Metal Cast Technologies

Headquarters: Arlington, Texas, USA
Key Offering: Cast Magnesium Composites, Die Cast Composite Components

Metal Cast Technologies focuses on manufacturing cast magnesium composite components for automotive and industrial equipment manufacturers.

Sustainability Initiatives:

  • Development of specialized casting techniques for magnesium composite parts with complex geometries and tight tolerances required by modern manufacturing specifications.


3️⃣ 8. Magontec Limited

Headquarters: Brisbane, Australia
Key Offering: Magnesium Anodes, Corrosion Protection Systems

Through strategic manufacturing partnerships and continuous process improvement initiatives, Magontec maintains a strong position in magnesium composite manufacturing for specialized industrial applications.

Sustainability Initiatives:

  • Investment in magnesium recycling infrastructure and technologies


2️⃣ 9. AMT Advanced Materials

Headquarters: Camarillo, California, USA
Key Offering: Advanced Magnesium Alloys, Composite Material Solutions

AMT Advanced Materials develops and manufactures specialized magnesium composites and custom alloy systems for defense, aerospace, and specialized industrial clients requiring high-performance material characteristics.

Sustainability Initiatives:

  • Development of proprietary composite manufacturing methodologies


1️⃣ 10. Kunfu Stock

Headquarters: Shanghai, China
Key Offering: Standard Magnesium Composites, Industrial-Grade Composite Materials

Kunfu Stock represents the growing influence of Chinese manufacturers in the global magnesium composites market, leveraging domestic magnesium production advantages.

Sustainability Initiatives:

  • Strategic partnerships with international automotive and aerospace manufacturers

Read Full Report:
Magnesium Composites Market – View in Detailed Research Report


🌍 Outlook: The Future of Magnesium Composites Is Lighter and Smarter

The magnesium composites market is undergoing a dynamic transformation. While traditional materials still dominate industrial applications, the industry is investing significantly in advanced composite formulations, manufacturing technologies, and sustainable material solutions.

📈 Key Trends Shaping the Market:

  • Rapid capacity expansion in North America, Europe, and Asia-Pacific regions

  • Regulatory push for 15-25% vehicle weight reduction targets by 2030

  • Digitalization of composite manufacturing processes and quality control systems

  • Industry 4.0 integration for smart manufacturing of advanced magnesium composite components

  • Automotive-aerospace composite company alliances for lightweight innovation

Read Full Report:
Magnesium Composites Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re spearheading the lightweight revolution across global manufacturing sectors.

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