Electrolytic Aluminum Market Scope
Electrolytic aluminum is used in the capacitors which are widely used in various industries across the world because of its voltage and current range required for the industrial operation. The electrolytic aluminum used for capacitors provides high dependency and capacitance in electronic products. Its capacitance value ranges between 37.6µF and 56.4µF. The electrolytic aluminum is available in low purity aluminum(<99.5%), standard aluminum (99.5-99.9%), and high purity aluminum(>99.9%).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Vishay Intertechnology, Inc. (United States), Alcoa Corporation (United States), Showa Denko K. K. (Japan), RUSAL (Russia), Nippon Chemi-Con (Japan) and TDK Corporation (Japan) |
CAGR | % |
The market report lists the major players involved in the Electrolytic Aluminum Market under the competitive landscape and company Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Electrolytic Aluminum market throughout the predicted period.
Vishay Intertechnology, Inc. (United States), Alcoa Corporation (United States), Showa Denko K. K. (Japan), RUSAL (Russia), Nippon Chemi-Con (Japan) and TDK Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Bosai Minerals Group Co Ltd, (China), Aluminum Corporation of China Limited (China) and Yunnan Aluminum Co. Ltd. (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Electrolytic Aluminum market by Type , by Application (power supplies . and computer motherboards.) and Region with country level break-up.
On the basis of geography, the market of Electrolytic Aluminum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In December 2023,Alcoa Corporation announced that it has appointed Matt Reed as Alcoa’s Executive Vice President and Chief Operations Officer, effective January 1, 2024. Matt Reed, Alcoa Corporation’s new EVP and Chief Operations Officer effective January 1, 2024.
In June 2020, TDK Corporation has extended its product range of hybrid-polymer aluminum electrolytic capacitors and now offers two series with an axial design. The B40600* / B40700* series are designed for rated voltages of 25 V and 35 V. These cover a capacitance range from 780 µF to 2200 µF. Capacitors in the 63 V voltage class with capacitance values from 390 µF to 720 µF are available with the B40640* / B40740* series.
Influencing Trend:
Increasing Use of Electrolytic Aluminum in the Automotive Industry
Market Growth Drivers:
Increasing Demand for the Automated Manufacturing Process Worldwide and Need for the High Capacitance and Voltage Range for the Industrial Operation
Challenges:
Regulatory Frameworks Involved in the Electrolytic Aluminum Market
Restraints:
Adverse Impact Associated with the Electrolytic Aluminum on the Environment
Opportunities:
Technological Advancement in the Electrolytic Aluminum and Growing Application of the Electrolytic Aluminum in Industries
Key Target Audience
Electrolytic Aluminum Manufacturers, Electrolytic Aluminum International Traders, Electrolytic Aluminum Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others