Covid-19 Impact on Global Aluminum-Magnesium Alloys Market Size, Status and Forecast 2020-2026

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 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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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.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Aluminum-Magnesium Alloys 3900 market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyses the impact of Coronavirus COVID-19 on the Aluminum-Magnesium Alloys 3900 industry.

Based on our recent survey, we have several different scenarios about the Aluminum-Magnesium Alloys 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 999.6 million in 2019. The market size of Aluminum-Magnesium Alloys 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Aluminum-Magnesium Alloys market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Aluminum-Magnesium Alloys market in terms of both revenue and volume.

Players, stakeholders, and other participants in the global Aluminum-Magnesium Alloys market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Sales and Pricing Analyses

Readers are provided with deeper sales analysis and pricing analysis for the global Aluminum-Magnesium Alloys market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.

In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Aluminum-Magnesium Alloys market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.

Competition Analysis

In the competitive analysis section of the report, leading as well as prominent players of the global Aluminum-Magnesium Alloys market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detaled analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Aluminum-Magnesium Alloys market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Aluminum-Magnesium Alloys market.

The following manufacturers are covered in this report:

Alcoa
Chalco
Yinhai Aluminum
Yunnan Aluminum
China Hongqiao
Rusal
Rio Tinto
Nanshan Light Alloy
Ahresty
Wanji
Handtmann
Kumz
MCI

Aluminum-Magnesium Alloys Breakdown Data by Type

Rod
Plate
Others

Aluminum-Magnesium Alloys Breakdown Data by Application

Automobile Industry
Electronics Industry
Rail Transit
Machinery and Equipment
Others

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Table of content

1 Study Coverage
1.1 Aluminum-Magnesium Alloys Product Introduction
1.2 Market Segments
1.3 Key Aluminum-Magnesium Alloys Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Aluminum-Magnesium Alloys Market Size Growth Rate by Type
1.4.2 Rod
1.4.3 Plate
1.4.4 Others
1.5 Market by Application
1.5.1 Global Aluminum-Magnesium Alloys Market Size Growth Rate by Application
1.5.2 Automobile Industry
1.5.3 Electronics Industry
1.5.4 Rail Transit
1.5.5 Machinery and Equipment
1.5.6 Others
1.6 Coronavirus Disease 2019 (Covid-19): Aluminum-Magnesium Alloys Industry Impact
1.6.1 How the Covid-19 is Affecting the Aluminum-Magnesium Alloys Industry
1.6.1.1 Aluminum-Magnesium Alloys Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Aluminum-Magnesium Alloys Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Aluminum-Magnesium Alloys Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Executive Summary
2.1 Global Aluminum-Magnesium Alloys Market Size Estimates and Forecasts
2.1.1 Global

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