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RIMA Group

Founded Year


About RIMA Group

RIMA Group produces and sells silicon-magnesium-based alloys, metals, and magnesium die casters. It primarily serves the automotive industry. The company was founded in 1987 and is based in Bocaiuva, Brazil.

Headquarters Location

Distrito Industrial De Bocaiúva

Minas Gerais,


+55 38 3251-4000

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Latest RIMA Group News

Global Magnesium Alloys Strategic Market Report 2023: Featuring POSCO, Rima Group, Smiths Advanced Metals and Spartan Light Metal Products Among Others

Feb 10, 2023

Dublin, IRELAND Dublin, Feb. 10, 2023 (GLOBE NEWSWIRE) -- The "Magnesium Alloys: Global Strategic Business Report" report has been added to's offering. The global market for Magnesium Alloys estimated at US$1.8 Billion in the year 2022, is projected to reach a revised size of US$4.1 Billion by 2030, growing at a CAGR of 10.7% over the analysis period 2022-2030. Cast Alloys, one of the segments analyzed in the report, is projected to record 11% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wrought Alloys segment is readjusted to a revised 10.3% CAGR for the next 8-year period. The U.S. Market is Estimated at $494.6 Million, While China is Forecast to Grow at 14.8% CAGR The Magnesium Alloys market in the U.S. is estimated at US$494.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$922.6 Million by the year 2030 trailing a CAGR of 14.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.8% and 8.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Select Competitors (Total 44 Featured) - Dead sea Magnesium Ltd. Magnesium Elektron Ltd. POSCO What`s New for 2023? Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession. Global competitiveness and key competitor percentage market shares Market presence across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to digital archives and Research Platform Complimentary updates for one year Report Metrics

RIMA Group Frequently Asked Questions (FAQ)

  • When was RIMA Group founded?

    RIMA Group was founded in 1974.

  • Where is RIMA Group's headquarters?

    RIMA Group's headquarters is located at Distrito Industrial De Bocaiúva, Minas Gerais.

  • Who are RIMA Group's competitors?

    Competitors of RIMA Group include CSP and 4 more.

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