Automotive Magnesium Alloy And Printing Ink Industry: Global And China Market Trends, Strategic Analysis, Growth, Size, Share and Forecast 2012 to 2015 Report Available at ResearchMoz.us
Albany, NY (PRWEB) May 27, 2013
Researchmoz presents this most up-to-date research on Global And China Automotive Magnesium Alloy And Printing Ink Industry 2012-2015. The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Automotive Magnesium Alloy And Printing Ink Industry.
Automotive Magnesium Alloy Industry:
Global automotive magnesium alloy industry in recent years is getting out of the shadow of the financial crisis and magnesium price skyrocketing, both production and consumption have been restored. Favorable factors such as the rapid recovery of American and Japanese automobile industry, the upgrading of product structure of China’s automotive industry, international magnesium-aluminum price ratio back to less than 1.3, and the lightweight of vehicle all have provided impetus for the rebound of automotive magnesium alloy market. In 2012, the global automotive magnesium alloy consumption reached 214,000 tons, a year-on-year increase of 4.9%. During this period, China with rich magnesium resources and a huge automotive industry has become a hot spot for investments in the industry.
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After 2008, affected by the increased tax rate of magnesium alloy exports as well as the rapid development of automobile industry, China’s automotive magnesium alloy industry showed contrarian growth against the financial crisis worldwide, thus changing the previous situation that domestic magnesium alloy auto parts mainly relied on imports. In 2012 China’s capacity of magnesium alloy auto parts reached 47,000 tons/a, and the demand over the corresponding period was 45,000 tons, a basic balance between supply and demand. However, as a great number of automotive magnesium alloy producers in China are the new entrants with weak technical reserves and products concentrated in the middle and low ends, high-end automotive magnesium alloys still depend on imports.
In nowadays China, joint venture branded vehicles occupy the main medium- and high-end market, which is precisely the most important consumer market for automotive magnesium alloy. These automakers are extremely concerned about the supply quality and stability of automotive magnesium alloy, which is also the basic literacy that some new manufacturers lack. For these reasons, magnesium alloy parts used in joint venture branded vehicles are often provided by regular suppliers, which increasingly becomes an obstacle to the development of new entrants. Moreover, products of Chinese firms are mostly concentrated in magnesium alloy wheel, steering wheel and other several products, with relatively single variety and narrow coverage, which to some extent also limits their development.
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Printing Ink Industry
Driven by the thriving printing industry, recent years have seen upward mobility in global printing ink industry. North America, Japan and Western Europe have kept the position as the world’s major printing ink producers and consumers, with the respective consumption in 2012 making up 23%, 19% and 18%. However, Europe and Americas’ growing saturated trend in the printing ink market means they are now losing out to Asian regions such as China and India. Presently, many transnational industrial magnates have accelerated their business sprawl in these emerging markets, including DIC, Flint, Toyo Ink, Sataka INX, Siegwerk, and Huber which had established branches in China as of late 2012. In 2012, both Sataka INX and DIC announced to build their own new printing ink factories in India.
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In recent years, the printing ink industry of China also has seen rapid development. In 2005-2012, its printing ink output witnessed a great surge to 784,700 tons, with the CAGR of 14.59%. Moreover, China printing ink industry has forged three main industrial belts - the Pearl River Delta industrial belt centering on Guangdong, the Yangtze River Delta industrial belt surrounding Shanghai and Zhejiang, and the circum-Bohai-sea industrial belt around Beijing, Tianjin and Liaoning, with the combined output in 2012 standing at 66.76%. Nevertheless, China is yet to become a strong country in the printing ink industry and, foreign brands occupy a lion’s share of 70%. There are only a few domestic flagship counterparts, including Guangdong Sky Dragon Printing Ink Group, Letong Chemical Co., Ltd, Suzhou Kingswood Printing Ink, etc.
Due to the stagnant economic development worldwide, China printing ink industry has slowed down its advance. However, given the status quo and downstream demand market, the CAGR of output in China printing ink industry is expected to realize around 14% in 2013-2015. And offset printing ink is projected to see the highest demand in China in upcoming three years, despite overall mild development, while package printing ink will still see the greatest growth potential, in particular when it comes to the development of gravure ink. Meanwhile, with lifting environmental protection standard targeting the printing ink industry, the demand for environmental-friendly printing ink, for example flexo printing ink, is growing.
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The report highlights:
Status Quo, Competition Pattern and Development Outlook of Global Printing Ink Industry;
Status Quo, Demand & Supply, Import & Export, Influence of Upstream and Downstream Industries and Prediction of China Printing Ink Industry;
Operation, Printing Ink Business and Business in China of 6 Global Printing Ink Enterprises Including DIC and Flink;
Operation, Printing Ink Business and Prediction of 8 Chinese Industrial Players Including Guangdong Sky Dragon Printing Ink Group, Suzhou Kingswood Printing Ink and Letong Chemical Co., Ltd.
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