The modern-day document posted via Report Ocean, titled “Aluminium Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Global aluminium market was valued at $133,564 million in 2015, and is expected to reach $167,277 million by 2022, growing at a CAGR of 3.3% from 2016 to 2022. Aluminium is a lightweight, nonmagnetic, soft, and ductile metal present in the boron group. It is the third most abundant element found in the earth’s crust, but is seldom found uncombined in nature. It is usually extracted from minerals such as cryolite and bauxite. It forms a reflective coating when evaporated in vacuum, which is utilized to of manufacture telescope mirrors, packaging, and toys. It is used in production of variety of products such as foils, window frames, kitchen utensils, airplane parts, beer kegs, and others.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=31683
Growth in transport industry and technological advancements in aluminium manufacturing technologies and processing equipment are the major factors that drive the growth of the aluminium market. Rapid increase in applications in various end-user industries such as construction and packaging further fuel the market growth. Asia-Pacific is expected to register substantial growth owing to growth in income of people in urban areas, rapid industrial development, and massive urbanization in emerging economies such as China & India. Increase in competition from substitutes such as carbon fiber and fluctuation in prices of raw materials restrain the market growth. However, rise in demand for recycled aluminium products is expected to provide potential growth opportunities for the industry.
The report segments the aluminium market on the basis of end user, processing method, and geography. According to end user, the market is divided into transport, building & construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and others (solar panel nanotechnology and aluminium air batteries). Based on processing, it is categorized into flat rolled, castings, extrusions, forgings, pigments & powder, and rod & bar. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In November 2016, Alcoa Corporation launched SUSTANA, an aluminium product line manufactured with recycled content and low carbon emissions to cater to the rising demands for sustainable aluminium products. The key products of this product line include ECOLUM and ECODURA. ECOLUM is a range of least carbon-intensive cast products and ECODURA are aluminium billets produced from recycled content.
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends and estimations from 2014 to 2022 of aluminium market, which assists to identify the prevailing market opportunities.
Major countries in each region are mapped according to individual market revenue.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
An in-depth analysis of current research and clinical developments within the market is provided with key dynamic factors that highlight the market behavior.
Leading players and their key developments in recent years are listed.
Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=31683
Major players operating in this market are
Alcoa Corporation
Aluminium Corporation of China Limited (CHALCO)
China Hongqiao Group Ltd.
China Power Investment Corp. (CPI)
East Hope Group Company Limited
Emirates Global Aluminium PJSC
Norsk Hydro ASA
Rio Tinto Alcan Inc.
United Company RUSAL Plc.
Xinfa Group Co., Ltd.
KEY PLAYERS
Aluminium Bahrain B.S.C
Ball Corporation
BHP Billiton Limited
Century Aluminium Company
Crown Holdings Incorporated
Constellium N.V.
Glencore International AG
Hindalco Industries Ltd.
Jindal Iron and Steel Corporation Limited
JW Aluminium Company
Kaiser Aluminium Corporation
National Aluminium Company Limited
Orkla ASA
Rexam Plc.
Shandong Nanshan Aluminium Co., Ltd.
South32 Limited
State Power Investment Corporation
Talco Aluminium Company
Vale SA
Vedanta Resources Plc.
Aluminium Market Key Segments:
By End User Industry
Transport
Building & Construction
Electrical Engineering
Consumer Goods
Foil & Packaging
Machinery & Equipment
Others (Solar Panel Nanotechnology and Aluminium Air Batteries)
By Processing Method
Flat Rolled
Castings
Extrusions
Forgings
Pigments & Powder
Rod & Bar
By Geography
North America
U.S.
Mexico
Canada
Europe
UK
Germany
Italy
France
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Turkey
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
Request full Report :- https://reportocean.com/industry-verticals/sample-request?report_id=31683
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website: https://reportocean.com