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Key Vendor Analysis for Aluminum-Magnesium Alloys Market till 2025: QY Research

Aluminum is the main element of aluminum-magnesium alloy, and then added a small amount of magnesium or other metal materials to strengthen its hardness. The alloys of this system (Mg < 10%) refer to the group of non-thermally hardened. The hardening is achieved by means of cold plastical deformation. The properties of these alloys are achieved by Mg content increase in the supersaturated solid solution. Main representatives of this series of alloys are: 5052, 5182, 5754, 5083.

First, Aluminum-Magnesium Alloys have the best performance in terms of speeds, surface finish and mechanical properties. It is widely used in Automobile Industry, Electronics Industry, Rail Transit, Machinery and Equipment and others. Automobile Industry is its largest downstream market, which shares 47.80% of the consumption in 2016.

Second, the sale of Aluminum-Magnesium Alloys is distributed evenly in China, North America, Europe, Middle East, South America. Asia-Pacific is the largest production of Aluminum-Magnesium Alloys in the world in the past few years and it will keep the same position in the next few years. Asia-Pacific market took up about 50.08% the global market in 2016, followed by Europe with the share of 19.95%, North America is closely followed with the share about 17.67%.

Third, the global production of Aluminum-Magnesium Alloys increased from 2448.6 K MT in 2012 to 2853.7 K MT in 2016 at an average annual growth rate of more than 3.9%. In the world wide, the top five manufacturers of Aluminum-Magnesium Alloys are Alcoa, Chalco, Yinhai Aluminum, Yunnan Aluminum, China Hongqiao. And the production of Alcoa occupied about 11.48% in 2016.

Fourth, the masterbatches industry is highly competitive due to low entry barriers as the industry is less capital intensive and there is no major technology involved. Given the competitive landscape of the industry, the bargaining power of players with clients is low thereby resulting in vulnerability to fluctuation in raw material prices.

The Aluminum-Magnesium Alloys market was valued at 910 Million US$ in 2017 and is projected to reach 1300 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aluminum-Magnesium Alloys.

This report includes the following manufacturers; we can also add the other companies as you want.

Alcoa

Chalco

Yinhai Aluminum

Yunnan Aluminum

China Hongqiao

Rusal

Rio Tinto

Nanshan Light Alloy

Ahresty

Wanji

Handtmann

Kumz

MCI

Market Segment by Product Type

Rod

Plate

Others

Market Segment by Application

Automobile Industry

Electronics Industry

Rail Transit

Machinery and Equipment

Others

Sample link: https://www.qyresearch.com/index/detail/721074/global-aluminum-magnesium-alloys-industry-research-report-growth-trends-and-competitive-analysis

Global Aluminum-Magnesium Alloys market research report can be used by the following group of people:

Distributors, dealers, suppliers, and manufacturers

Journalists, school students, writers, universities, authors, and professors

Major service providers, huge corporates and industries

Existing and current market players, private firms, event managers and annual product launchers

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Breakdown analysis of Global Aluminum-Magnesium Alloys market research report:

Major competitors that head the global Aluminum-Magnesium Alloys market includes

Get a sample PDF of the global Aluminum-Magnesium Alloys market report at enquiry@qyresearch.com

QY Research offers a crystal clear view of the various sections such as segmental analysis, regional analysts, product portfolios, followed by detailed information about key players and their strategies about mergers and acquisitions.

In terms of region, this research report covers almost all the major regions across the globe such as North America, Europe, South America, the Middle East, and Africa and the Asia Pacific. Europe and North America regions are anticipated to show an upward growth in the years to come.  While Aluminum-Magnesium Alloys market in Asia Pacific regions is likely to show remarkable growth during the forecasted period. Cutting edge technology and innovations are the most important traits of the North America region and that’s the reason most of the time the US dominates the global markets. Aluminum-Magnesium Alloys market in South, America region is also expected to grow in near future.

Following are the objectives of the report on global Aluminum-Magnesium Alloys market:

Major benefit and advanced factors that influence the global Aluminum-Magnesium Alloys market

Future and present market trends that influence the growth rate and growth opportunities of the global Aluminum-Magnesium Alloys market

The market share of the global Aluminum-Magnesium Alloys market, supply chain analysis, business overview, grow revenue, and demand and supply ratio

New-market insights, investment return, export/import details, company profiles and feasibility study analysis of the global Aluminum-Magnesium Alloys market

The maturity of trade and proliferation in global Aluminum-Magnesium Alloys market

Do you have any query? Ask our expert team at: enquiry@qyresearch.com

Finally, the global Aluminum-Magnesium Alloys Market is a valuable source of guidance for individuals and companies. One of the major reasons behind providing market attractiveness index is to help the target audience and clients to identify the several market opportunities in the global Aluminum-Magnesium Alloys market. Moreover, for the better understanding of the market, QY Research has also presented a key to get information about various segments of the global Aluminum-Magnesium Alloys market.

 

 

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