Roll Clad Strip Market Valued 663.68 million USD in 2023 with CAGR of 0.53%
The global roll clad strip market was valued to be 608.35 million USD in 2017 with the production of 131,453 tons. The roll clad strip production value is anticipated to have a growth with the CAGR of 0.53% in the coming years to reach 663.68 million USD in 2023, according to the report published by Prof Research. The Growth of roll clad strip Market was mainly drived by it application in electronics and automobile applications.
The full report viable in: http://www.prof-research.com/index.php?route=product/product&product_id=40571
1.Introduction of Roll Clad Strip Production
The development of flat composite materials using different types of metals enables combinations of properties to be realized which cannot be obtained with conventional mono materials. The use of clad materials improves, for instance, the components’ application characteristics, increases the fatigue strength and reduces the necessary allocation of resources.[1]
Clad strips are, for this reason, employed in the chemical industry, in heating and electrical technologies, in the automotive and ship building industries as well as for manufacturing household appliances. One of the most frequently used clad plates is the material combinations of aluminum–steel. Currently, cold or hot roll-cladding is widely used for manufacturing aluminum–steel clad material from sheets. This requires an energy-intensive heating of the strip - after and, in cases of hot forming, prior to roll-cladding.
Roll casting of strips has some merits. For example, rapid solidification, low equipment cost, energy saving and process saving. Casting of clad strips can add new merits to roll casting. For example, clad strips of brittle materials can be made.
2.Roll Clad Strip Manufacturers
Heraeus, Wickeder Group, DODUCO, AMETEK, Materion and Hitachi Metals are the major international players in the market of roll clad strip industry. The reason why these companies dominate the market is their production technological advantages, their long-term presence in the market, the relationships they have developed with downstream users over a long period of time and the brand name recognition they enjoy.
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3.Roll Clad Strip Market Challenges
3.1 Currently, the technologies for roll clad strip production have several disadvantages, such as a large number of secondary operations, low productivity and high requirements regarding of the bonding surfaces preparation quality.
3.2 As the main raw material of the roll clad strip, the supply and price of metal slabs may affect the roll clad strip market.
3.3 China still has a large gap in product performance, production efficiency, especially in the development of high-quality roll clad strip for complex structures and special applications.
3.4 Fluctuation of the United States dollar and other foreign currencies may affect the competitiveness of domestic manufacturers.
3.5 The development of roll clad strip industry may be negatively affected by many unpredictable factors such as strengthening government regulations, elevating product qualities, price fluctuations, and trade protections.
4.Roll Clad Strip Market Important News
1 Materion’s SupremEX® Metal Matrix Composites Receive Two SAE-AMS Specifications (Oct 09, 2018) [2]
Materion Corporation (NYSE:MTRN) announced that the Society of Automotive Engineers - Aerospace Material Specification Nonferrous Alloys Committee (SAE-AMS) has approved AMS4369 specification for SupremEX® 225XF metal matrix composite (MMC) and AMS4379 for SupremEX 225XE MMC. This represents the second AMS specification for SupremEX 225XE and applies to the extruded form of the material. With the two recently added specifications, the company now has a total of four AMS specifications for its SupremEX line of products, allowing engineers to reference a national standard for material properties.
SupremEX MMCs offer a balanced combination of properties by combining ultrafine silicon carbide reinforcement with aerospace aluminum alloys. The composites offer benefits over conventional alloys because they provide the lightweight properties of aluminum with outstanding strength and stiffness. MMCs are ideal for aero-engine components and aircraft structures for commercial and military applications as well as satellite structures, optical systems and automotive pistons.
5.Further key findings from the Roll Clad Strip Market study suggest
5.1 Due to their special properties and the relatively straightforward processing, composite materials are being used increasingly in the manufacture of components for vehicle electrical and electronic components.
5.2 Currently, as the manufacturing technologies of roll clad strip become increasingly mature, the production costs of high-quality roll clad strip will decrease.
5.3 Due to its widely downstream applications, roll clad strip will have a promising prospect.
5.4 Roll clad strips not only inherits the excellent conductivity, thermal conductive and formability from the substrate metals but also have the advantages of attractive appearance and saving precious metals.
6.In the Roll Clad Strip Market report, Prof Research has segmented the global roll clad strip market on the basis of manufactuers, application, end use, and region:
6.1 Roll Clad Strip Manufactuers Outlook (Revenue, USD Million, 2013 - 2023)
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6.2 Roll Clad Strip Application Outlook (Revenue, USD Million, 2013 - 2023)
Automotive
Due to their special properties and the relatively straightforward processing, composite materials are being used increasingly in the manufacture of components for vehicle electrical and electronic components. Roll clad strips with an aluminum-silicon surface on a copper or copper alloy carrier are used for hybrid components in vehicle electrical systems. Using the highest degree of surface purity, a reliable bond between casing and hybrid can be guaranteed. The products can be applied equally for thin and thick wire bonding.
Electronic Components
Electronic components have to handle a steadily increasing amount of functions in the tiniest of spaces. At the same time, power transmission must work optimally at the interfaces and the heat must be dissipated quickly and efficiently. Roll clad strips bring ideal conditions for exactly this topic. The combination of thick wire, bonding ribbons and AlSi roll clad materials permits particularly flexible thermal as well as electrical connections and thus a good heat dissipation while simultaneously making use of the widest process windows.
Household Appliances
Roll clad strip can be used in the household appliance industry (e.g. for washing machines, dishwashers, clothes dryers, refrigerators, stoves, hot-water boilers).
Others
In addition to above applications, roll clad strip can also be used in other fields, such as radiator industry, thin and thick wire bonding, packaging industry and in the tube and section industry.
6.3 Roll Clad Strip Regional Outlook (Revenue, USD Million, 2013 - 2023)
North America
U.S.
Canada
Europe
Germany
U.K.
Asia Pacific
Japan
China
Latin America
Brazil
Mexico
Middle East and Africa
South Africa
- Middle East
7. In the end, although there are a lot of opportunities in the roll clad strip market, Prof Research team recommends that new manufacturers who don’t have either technical advantages or downstream demand support to be extremely discreet when deciding getting into this industry.
The full report viable in: http://www.prof-research.com/index.php?route=product/product&product_id=40571
References:
[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5613834/