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Non-Ferrous Metals Market 2018 Expected to Observe CAGR of More than 8% Through 2026 | Global Leading Players - Aluminum Corp. of China, Vale S.A., Rio Tinto, Anglo American, BHP Billiton, MMC Norilsk Nickel JSC

09-10-2018 02:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Amigo Market Reports

Non-Ferrous Metals Market 2018 Expected to Observe CAGR of More

Global Non-Ferrous Metals Market Overview
Global Non Ferrous Metals Market is expected to grow at a CAGR of 8.0% during the forecast period. The market is expected to grow at a significant pace owing to high demand for castings from industrial machinery, automobile, constructional and electrical segments. In addition, increasing demand for non ferrous metals from emerging reasons is one of the key factors contributing to the market growth. However, the high price volatility of non-ferrous metals could pose a challenge to the growth of this market.

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Industry Insights:
Nonferrous metals are used for structural building that requires less weight, nonmagnetic properties, more strength, resistance to corrosion. They are also specified for electrical and electronic applications. Major nonferrous metals include copper, aluminum, lead, and zinc. Non-ferrous are metals other than iron and alloys that contain little to no iron. Other non-ferrous metals include brass, titanium, beryllium, nickel and zinc.

Industry Top Players:
Some of the key players in Non Ferrous metals market include Aluminum Corp. of China Ltd., Vale S.A., Rio Tinto plc, Anglo American plc, BHP Billiton plc, MMC Norilsk Nickel JSC, Glencore Xstrata plc, Sumitomo Metal Mining Co Ltd, United Co. RUSAL plc, Jiangaxi Jutong Co. Ltd., Alcoa Inc., Hindalco-Novelis and United Company RUSAL Plc.

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Market Segmentation:
Amongst product, copper segment is accounted for significant shares in the global market. The increase in building and construction expenditure will increase the demand for copper tubes, wires and other copper products for applications such as electrical, building wire, and plumbing. Copper's chemical and physical properties make it an obvious choice in high-end technological applications. The Asia-Pacific held the largest market share as there is an increase in the production at existing plants and new expanded capacities at electrolytic plants.

Products covered:
• Copper
• Aluminium
• Lead
• Zinc
• Nickel
• Other products

Regions covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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About Us
We offer the exclusive market research solution for all the industries by performing the comprehensive investigation of industry trends, globally. The Association in every industry such as Technology, Healthcare, Aerospace, Consumable Goods and others demands a market-based solutions for various vital decisions based on productivity.
Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.

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