Market Research Report On China Magnesium And Magnesium Alloy Industry Research Report 2013 - 2016: Research and Markets
Magnesium which is featured with low density and high strength can form high-strength alloy with aluminum, copper, zinc and other metals as an important alloying element.
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Currently, China is a major producer and consumer of primary magnesium in the world. In 2013, China produced 769,000 tons of primary magnesium which was equivalent to 88.5% of the world and consumed 351,000 tons that accounted for 41.4%.
Meanwhile, China is also the world's major exporter of primary magnesium. China’s export volume of primary magnesium jumped by 21.5% year on year to 212,000 tons in 2013, thanks to the abolished export duty of 10% on magnesium metal and alloy by China since January 1, 2013.
Chinese primary magnesium is mainly used for the production of magnesium alloy and casting as well as metal reduction, in which magnesium alloy consumes more than 60% of primary magnesium. This proportion will continue to expand in the future, mainly because magnesium alloy is the lightest metal in practical use, with a specific gravity which is ? of iron’s and 2/3 of aluminum’s, conforms to the trend that automobiles tend to be lightweight and 3C products turn to be compact and small.
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Given the broad application prospect of magnesium alloy, Ningxia Hui-Ye Magnesium Marketing, Regal Magnesium, Nanjing Yunhai Special Metals and Shanxi Yinguang have invested in the construction of magnesium alloy projects in recent years.
Ningxia Hui-Ye Magnesium Marketing: The company built a 600,000 sets / a magnesium alloy electric bicycle wheel production line in 2013 to fill the gap of magnesium alloy casting production in Ningxia.
Regal Magnesium: The Phase I of the "50,000 tons / a Magnesium Alloy Transformation and Expansion Project" commenced in May 2013. After the project is completed, the company will be able to produce 21,000 tons of middle refined magnesium and 30,000 tons of magnesium alloy each year.
To Read Complete Report with TOC: http://www.marketresearchreports.biz/analysis/192500
Wutai Yunhai Magnesium: In 2010-2015, The company will carry out 50,000-ton High Performance Magnesium Alloy Technology Project, 20,000-ton Magnesium Alloy Scrap Recycling Project and 3,000-ton Magnesium Alloy Casting Construction Project.
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Magnesium which is featured with low density and high strength can form high-strength alloy with aluminum, copper, zinc and other metals as an important alloying element. Browse Full Report With TOC: http://www.marketresearchreports.biz/analysis-details/china-magnesium-and-magnesium-alloy-industry-report-2013-2016
Currently, China is a major producer and consumer of primary magnesium in the world. In 2013, China produced 769,000 tons of primary magnesium which was equivalent to 88.5% of the world and consumed 351,000 tons that accounted for 41.4%.
Meanwhile, China is also the world's major exporter of primary magnesium. China’s export volume of primary magnesium jumped by 21.5% year on year to 212,000 tons in 2013, thanks to the abolished export duty of 10% on magnesium metal and alloy by China since January 1, 2013.
Chinese primary magnesium is mainly used for the production of magnesium alloy and casting as well as metal reduction, in which magnesium alloy consumes more than 60% of primary magnesium. This proportion will continue to expand in the future, mainly because magnesium alloy is the lightest metal in practical use, with a specific gravity which is ? of iron’s and 2/3 of aluminum’s, conforms to the trend that automobiles tend to be lightweight and 3C products turn to be compact and small.
To Get Download Full Report with TOC: http://www.marketresearchreports.biz/sample/sample/192500
Given the broad application prospect of magnesium alloy, Ningxia Hui-Ye Magnesium Marketing, Regal Magnesium, Nanjing Yunhai Special Metals and Shanxi Yinguang have invested in the construction of magnesium alloy projects in recent years.
Ningxia Hui-Ye Magnesium Marketing: The company built a 600,000 sets / a magnesium alloy electric bicycle wheel production line in 2013 to fill the gap of magnesium alloy casting production in Ningxia.
Regal Magnesium: The Phase I of the "50,000 tons / a Magnesium Alloy Transformation and Expansion Project" commenced in May 2013. After the project is completed, the company will be able to produce 21,000 tons of middle refined magnesium and 30,000 tons of magnesium alloy each year.
To Read Complete Report with TOC: http://www.marketresearchreports.biz/analysis/192500
Wutai Yunhai Magnesium: In 2010-2015, The company will carry out 50,000-ton High Performance Magnesium Alloy Technology Project, 20,000-ton Magnesium Alloy Scrap Recycling Project and 3,000-ton Magnesium Alloy Casting Construction Project.
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
Blog: http://chinamarketreports.blogspot.com/
