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.
Scope of the Report:
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.
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 2023, from 910 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Nanshan Light Alloy
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Machinery and Equipment
There are 15 Chapters to deeply display the global Aluminum-Magnesium Alloys market.
Chapter 1, to describe Aluminum-Magnesium Alloys Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Aluminum-Magnesium Alloys, with sales, revenue, and price of Aluminum-Magnesium Alloys, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Aluminum-Magnesium Alloys, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Aluminum-Magnesium Alloys market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Aluminum-Magnesium Alloys sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source