Magnesium is renowned
for its favorable low-density attributes,
rendering it a viable choice for commercial engineering applications
in which weight has substantial design implications. Magnesium (Mg)
stands as a readily obtainable metallic element, exhibiting robustness,
efficient heat dissipation, and excellent damping properties. The
utilization of pure magnesium remains infrequent due to its susceptibility
to instability under high temperatures and pronounced vulnerability
to corrosion within humid environments. Hence, the incorporation of
magnesium alloys into the design process of aircraft, automotive,
and biomedical applications assumes paramount importance. This Review
presents a comprehensive review of research endeavors and their resultant
achievements concerning the advancement of magnesium alloys. Specifically
focusing on aerospace, automotive, and biomedical applications, the
Review underscores the pivotal role played by alloying constituents,
namely aluminum (Al), copper (Cu), calcium (Ca), and PEO coatings,
in influencing the microstructural attributes, mechanical potency,
and resistance to corrosion.