Press release
Aluminium Metals Market 2018-2023 Global Industry Survey by Professional Leaders: RUSAL, Aluminium Corporation of China Ltd, Norsk Hydro ASA, Alcoa Forecast till 2022
Aluminium Metals industry research, Aluminium Metals Market Size, Aluminium Metals Market Share, Aluminium Metals Market Regional
Global Aluminium Metals Market:
Global Aluminium Metals Market was valued at USD 1, 12,487.9 million in 2015 and is expected to reach USD 1, 60,696.1 million by the end of 2022, expanding at a CAGR of 5.3% from 2016 to 2022. Aluminium is one of the most abundantly found metallic element in the earth’s crust, with its enormous properties such as malleability, ductility, machinability, and durability among others. Comparatively, aluminium weighs one-third of metals such as, copper and steel, without jeopardizing the strength and exhibit remarkable corrosion properties.
Aluminium is exclusively used across an array of industries for various applications such as for structural and Powertrain applications in the automotive industry, frames and structures in the building & construction sector. was valued at USD 1, 12,487.9 million in 2015 and is expected to reach USD 1, 60,696.1 million by the end of 2022, expanding at a CAGR of 5.3% from 2016 to 2022.
Global Aluminium Metals Market Key Players:
RUSAL
Aluminium Corporation of China Ltd
Rio Tinto Alcan Inc
Norsk Hydro ASA
Alcoa
China Hongqiao Group Limited
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Aluminium is one of the most abundantly found metallic element in the earth’s crust, with its enormous properties such as malleability, ductility, machinability, and durability among others. Comparatively, aluminium weighs one-third of metals such as, copper and steel, without jeopardizing the strength and exhibit remarkable corrosion properties. Aluminium is exclusively used across an array of industries for various applications such as for structural and Powertrain applications in the automotive industry, frames and structures in the building & construction sector.
Geographically, Asia-Pacific region dominates the aluminium metals market both in terms of volume and value and is expected to grow significantly at a CAGRs of 5.9 % and 5.3 % respectively. China is major revenue generating country due to increasing consumption of aluminium metals across different industries and high export of aluminium. Europe accounts for second largest market share in the global aluminium metals market.
Key Findings:
Global Aluminium Metals Market is projected to reach USD 60,696.1 million by 2022 with 5.3% CAGR during review period of 2016-2022
Asia-Pacific accounted for largest share due to growing application industries in this region
Aluminium metals market is dominated by the top ten producers of aluminium in the world, the demand for aluminium metals across automotive & transportation, and rapid industrialization & urbanization coupled with a booming construction sector in the developed markets to bolster aluminium metals market growth.
Market Segmentation:
By Types: Primary Aluminium and Recycled Aluminium
By Application: Automotive & Transportation, Construction, Foil & Packaging, Electrical, Machinery & Equipment, Consumer Goods, and Others
By Regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa
Study Objectives of Aluminium Metals Market:
• To study market overview of the Aluminium metals.
• To estimate market size by derivatives, by application and region.
• To provide insights about market drivers, restrains and opportunities of Aluminium metals market.
• To provide geographically market analysis and outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.
• To analyze the Global Aluminium metals Market based on various factors- supply chain analysis, porters five force analysis etc.
• To provide strategic profiling of the key players in the market, broadly analyzing their core competencies.
• To evaluate competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aluminium metals
Target Audience:
• Aluminium metals producers
• Traders and distributors
• Association and government bodies.
• Application industries
• Electronic manufacturers
• Research institute
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