Albany, NY (PRWEB) January 06, 2015
The report states that China maintained its leading market position across the global market in the year 2014 as well, and emerged as a market that was the largest consumer as well as producer of aluminum profiles. It held 64.8% shares of total global capacity, 64.0% shares of total global output and 63.2% shares of total global consumption of these products.
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The report adds that despite that fact that China had the world’s largest share of aluminum profiles output as well as consumption in 2014, the market observed a decline in the growth rate. The report states that output of aluminum profiles will grow to 18.43 million tons and consumption to 15 million tons in 2014, a rise of 13.98% and 7.45%, respectively, compared with the growth rates in 2013 of 15.50% and 11.15% respectively. The slowdown in the market can be largely attributed to a continuous decline in aluminum prices and sluggish demand stemming from a weak economy.
The report primarily segments the China aluminum profiles market into the chief end-user segments, including architecture and industries. The segment architecture is further segmented into building templates and door and windows. The industries section is further segmented into automotive, trains and urban rail transit, LED, consumer electronics and PV.
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In 2013, the market segment industries consumed nearly 4.69 million tons of aluminum profiles, which is nearly 33.6% of total consumption of the country. The market segment architecture emerged as largest consumer of aluminum profiles and garnered nearly 66% shares of the market. Though consumption of aluminum profiles acquired a smaller portion of market shares in 2013, the growth of this segment has increased at a steady rate over the years. From having a 24.1% share of the market in 2001 to its current state of 33.6%, the market has heavily benefitted from the increased adoption of the light-weighted aluminum profiles in transportation and communications.
China Zhongwang Holdings Limited, Asia and China’s largest and world’s third largest aluminum profiles manufacturer observed a growth of nearly 12.6% between 2013 and 2014. It recorded revenue worth RMB12.311 billion at the end of third financial quarter of 2014.
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However, other major companies observed a steep decline in revenues, owing majorly due to decreasing prices of aluminum in the domestic market, rising operating expenses, and depressing demands from foreign markets.
Global And China Lithium Carbonate Industry Report, 2014
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Lithium carbonate is primarily used in lithium battery, which accounted for 29% of lithium carbonate application in 2014. In recent years, the development of electric vehicle (EV) posed new requirements on lithium battery and lithium carbonate, and the demand has kept rising. In 2014, the demand for lithium carbonate from global EV approximated 16,000 tons, 10% or so of total demand, and is projected to hit 27% in 2017. In addition to EV, the development of the industries such as consumer electronics, grid energy storage, mobile base stations and UPS will also stimulate the demand for lithium carbonate.
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Although it is the world’s second largest lithium resources state, taking up 26.92% of global reserves, China has limited capacity and supply and relies heavily on imported products, due to lower level of production technology. The apparent consumption of lithium carbonate in China was 50,500 tons in 2013, with 27% imported, and is expected to reach 53,000 tons in 2014, with degree of dependence on imported products falling slightly to 24%.
China EV (Electric Vehicle) Motor Controller Market Report, 2014
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A motor controller is a device that serves to govern energy transmission between traction power source and the motor, being one of the core components of electric vehicle. With the development of electric vehicle market, the demand for EV motor controllers in China has been on the rise. In 2013, China’s EV motor controller demand approached 18,000 sets, with the market size reaching RMB331 million. It is projected that by 2017 this figure will rise to 280,000 sets and that the market size will hit RMB4.6 billion, with an AAGR of as much as 93%.
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At present, China’s EV motor controllers are at the initial stage, but the market demand showed a sound development trend, with a higher profitability. Take example for Shenzhen Inovance Technology and Shenzhen V&T Technologies, whose gross margins are over 45%. As the EV market size expands, the profit margin for EV motor controllers is facing certain downward pressure. But in the short term, it will be at a relatively higher level. Considerable profitability and fast-growing market demand drive a number of domestic enterprises to speed up the construction of related projects.
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