Global Aluminum Electrolytic Capacitor Industry is down due to slow demand

The global aluminum electrolytic capacitor market has been heavily battered against the backdrop of faltering economies and bleak demand in the downstream consumer electronics market. Subsequently, leading industrial players including NCC, Nichicon, Panasonic, LELON and Jianghai witnessed declines in revenue.

In 2012, the global sales volume of aluminum electrolytic capacitors decreased by 7% year-on-year to 195 billion, while the sales also saw steep drop by around 18%.
China aluminum electrolytic capacitor industry has seen rapid development in recent years in the wake of the transfer of global aluminum electrolytic capacitor industry. Leading enterprises in Japan, South Korea and Taiwan including NCC, Nichicon, Panasonic, SAMYOUNG and LELON are accelerating their capacity expansion in China. Meanwhile, major domestic counterparts including Nantong Jianghai Capacitor Co. Ltd., Hunan Aihua Group Co., Ltd. and Shenzhen Depu Optoelectronics Technology Co., Ltd. are also in a position to compete with their foreign equivalents, with the export value witnessing increase year by year. In addition, they also have embarked on the capacity expansion of high-end products.

In terms of the import and export, the capacitor technology level of China lags far behind the world’s advanced level, leading to China’s failure to realize mass production of capacitors made of new materials and key capacitors applied in important fields. Thus, China is still heavily reliant on the import of high-end products, with the trade deficit remaining at a high level.

The report highlights global and China aluminum electrolytic capacitor market size, market competition structure and import & export scale, and analyzes the leading aluminum electrolytic capacitor manufacturers the world over, the sales, capacity expansion and the expansion of new product projects of upstream electrode foil manufacturers.

NCC is currently the world’s largest aluminum electrolytic capacitor enterprise, while China boasts the largest consumer market of NCC products, followed by Japan, Europe and Americas.

In FY2011, the sales in the four markets stood at 43%, 28%, 8% and 8% in the total revenue, respectively. At present, NCC has established aluminum electrolytic capacitor production base in Wuxi, and set up new product R&D center in the same city to develop high-end aluminum electrolytic capacitor products.