Aluminum Electrolytic Capacitor Market competitive landscape, Analysis, Research and Reports: Radiant Insights

CITY, Country, 2018-Nov-27 — /EPR Network/ — Global aluminum electrolytic capacitor market is expected to grow at a significant CAGR of 3.2% by 2022 as the scope and its applications are rising enormously across the globe. The aluminum electrolytic capacitor comprises an aluminum oxide film, cathode aluminum foil, electrolyte, and capacitor paper (electrolytic paper) that act as a dielectric, formed on the anode foil surface.

The factors that are playing a major role in the growth of market are the rising demand from the end-users, the growing need for consumer electronic goods, the rise in disposable income, and the high expenditure of consumers for electronic goods. Aluminum electrolytic capacitor market is segmented based on product type, configuration, application, and region.

Non-solid and solid type is the product types that could be explored in the forecast period. Based on the configuration, specialty aluminum capacitors, radial leaded aluminum capacitors, snap-in/snap-mount aluminum capacitors, vertical chip capacitors (V-Chip), screw terminal (Large Can), horizontal chip capacitors (H-Chip), and axial leaded aluminum capacitors could classify aluminum electrolytic capacitor market in the forecast period.

The market may be categorized based on application like energy, consumer electronics, communication, industrial, automotive, and others that could be explored in the forecast period. The consumer electronics sector may account for the substantial market share of the aluminum electrolytic capacitor and is estimated to lead the overall market in the years to come. Also, the industrial sector is estimated to grow at the fastest pace in the years to come.

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Aluminum electrolytic capacitor market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).

Globally, Asia Pacific may account for the substantial market share of the aluminum electrolytic capacitor and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region and the growing demand from the end-users. The developing countries like India, China, and Japan are the major consumers of the aluminum electrolytic capacitor in this region.

Europe and the Americas are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, the America is estimated to grow at the highest CAGR in the forecast period. The United States and Mexico are the key consumers of the aluminum electrolytic capacitor in this region. The key players of the aluminum electrolytic capacitor market are Minfeng Special Paper, NKK, Lunan New Materials, Chuangyuan, LILAC, Daifuku Paper, and Glatfelter. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Aluminum electrolytic capacitors are polarized electrolytic capacitors whose anode electrode (+) are made of a pure aluminum foil with an etched surface. The aluminum forms a very thin insulating layer of aluminum oxide by iodization that acts as the dielectric of the capacitor. Aluminum electrolytic capacitors are designed for use in all types of electronic equipment including power and alternative energy, industrial, telecommunications, automotive, military, and medical and consumer electronics applications

The five-year forecast for the aluminum electrolytic capacitor market shows a Compound Annual Growth Rate (CAGR) of 3.2 percent driven by increased demand from the Consumer Electronics, Industrial, Automotive, Communication, Energy and others segment, according to a new report published by Gen Consulting Company.

The report covers forecast and analysis for the aluminum electrolytic capacitor market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the aluminum electrolytic capacitor market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the aluminum electrolytic capacitor market on a global level.

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Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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