Aluminum-Magnesium Alloys Market 2019 to 2024 Growth Analysis by Manufacturers, Regions, Type and Application, Revenue, Market Size, Gross Margin Forecast Analysis
Posted on Dec 3 2019 3:05 PM
"The worldwide market for Aluminum-Magnesium Alloys is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 1190 million US$ in 2024, from 910 million US$ in 2019, according to a new Research Report. "
Aluminum-Magnesium Alloys Market 2019 Research report contains a qualified and in-depth examination of Aluminum-Magnesium Alloys Market. At first, the report provides the current Aluminum-Magnesium Alloys business situation along with a valid assessment of the Aluminum-Magnesium Alloys business. Aluminum-Magnesium Alloys report is partitioned based on driving Aluminum-Magnesium Alloys players, application and regions. The progressing Aluminum-Magnesium Alloys economic situations are additionally discovered in the report.
Short Description About Aluminum-Magnesium Alloys Market :
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.
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The research covers the current market size of the Aluminum-Magnesium Alloys market and its growth rates based on 5-year records with company outline of Key players/manufacturers:
- Yinhai Aluminum
- Yunnan Aluminum
- China Hongqiao
- Rio Tinto
- Nanshan Light Alloy
Scope Of The Report :
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 worldwide market for Aluminum-Magnesium Alloys is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 1190 million US$ in 2024, from 910 million US$ in 2019, according to a new research study.This report focuses on the Aluminum-Magnesium Alloys in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Report further studies the Aluminum-Magnesium Alloys market development status and future trend across the world. Also, it splits Aluminum-Magnesium Alloys market by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
Major Applications are as follows:
- Automobile Industry
- Electronics Industry
- Rail Transit
- Machinery and Equipment
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aluminum-Magnesium Alloys in these regions, from 2014 to 2024, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The Aluminum-Magnesium Alloys market report provides answers to the following key questions:
- What will be the Aluminum-Magnesium Alloys market size and the growth rate in 2024?
- What are the main key factors driving the global Aluminum-Magnesium Alloys market?
- What are the key market trends impacting the growth of the global Aluminum-Magnesium Alloys market?
- Which Trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players and what are their strategies in the global Aluminum-Magnesium Alloys market?
- What are sales, revenue, and price analysis by regions of Aluminum-Magnesium Alloys?
- What are the market opportunities and threats faced by the vendors in the global Aluminum-Magnesium Alloys market?
- What industrial trends, drivers and challenges are manipulating its growth?
- What are the key outcomes of the five forces analysis of the global Aluminum-Magnesium Alloys market?
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Major Points from Table of Contents:
1 Market Overview
1.1 Aluminum-Magnesium Alloys Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Dynamics
1.4.1 Market Opportunities
1.4.2 Market Risk
1.4.3 Market Driving Force
2.4.1 Business Overview
2.4.2 Aluminum-Magnesium Alloys Type and Applications
220.127.116.11 Product A
18.104.22.168 Product B
3.Global Aluminum-Magnesium Alloys Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Aluminum-Magnesium Alloys Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Aluminum-Magnesium Alloys Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Aluminum-Magnesium Alloys Manufacturer Market Share in 2018
3.3.2 Top 6 Aluminum-Magnesium Alloys Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Aluminum-Magnesium Alloys Market Analysis by Regions
4.1 Global Aluminum-Magnesium Alloys Sales, Revenue and Market Share by Regions
4.1.1 Global Aluminum-Magnesium Alloys Sales and Market Share by Regions (2014-2019)
4.1.2 Global Aluminum-Magnesium Alloys Revenue and Market Share by Regions (2014-2019)
4.2 North America Aluminum-Magnesium Alloys Sales and Growth Rate (2014-2019)
4.3 Europe Aluminum-Magnesium Alloys Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Aluminum-Magnesium Alloys Sales and Growth Rate (2014-2019)
4.6 South America Aluminum-Magnesium Alloys Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Aluminum-Magnesium Alloys Sales and Growth Rate (2014-2019)
6 Aluminum-Magnesium Alloys Market Forecast (2019-2024)
6.1 Global Aluminum-Magnesium Alloys Sales, Revenue and Growth Rate (2019-2024)
6.2 Aluminum-Magnesium Alloys Market Forecast by Regions (2019-2024)
6.3 Aluminum-Magnesium Alloys Market Forecast by Type (2019-2024)
6.3.1 Global Aluminum-Magnesium Alloys Sales Forecast by Type (2019-2024)
6.3.2 Global Aluminum-Magnesium Alloys Market Share Forecast by Type (2019-2024)
6.4 Aluminum-Magnesium Alloys Market Forecast by Application (2019-2024)
6.4.1 Global Aluminum-Magnesium Alloys Sales Forecast by Application (2019-2024)
6.4.2 Global Aluminum-Magnesium Alloys Market Share Forecast by Application (2019-2024)
6.Sales Channel, Distributors, Traders and Dealers
6.1 Sales Channel
6.1.1 Direct Marketing
6.1.2 Indirect Marketing
6.1.3 Marketing Channel Future Trend
6.2 Distributors, Traders and Dealers
7. Research Findings and Conclusion
8.2 Data Source
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