Press release
Global High Strength Aluminum Alloys Market Sales, Profits & Business Analysis till 2025 - Top vendors are Norsk Hydro, Aluminum Corporation Of China Limited, Century Aluminum, Aleris, Kaiser Aluminum, Emirates Global Aluminium (EGA), Constellium
Global High Strength Aluminum Alloys Market
The global high strength aluminum alloys market is expected to reach USD 56.13 billion by 2025, from USD 32.56 billion in 2017 growing at a CAGR of 7.9% during the forecast period of 2018 to 2025.
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Top manufacturers of global high strength aluminum alloys market are Rio Tinto, Aluminium Bahrain, Alcoa, Hindalco Industries Limited, UC RUSAL, Norsk Hydro, Aluminum Corporation Of China Limited, Century Aluminum, Aleris, Kaiser Aluminum, Emirates Global Aluminium (EGA), Constellium, AMG Advanced Metallurgical Group N.V., UACJ Corp, Federal-Mogul Powertrain, Autoneum, ElringKlinger AG, Dana Incorporated, Progress-Werk Oberkirch AG
Market Segments
By Alloy Type
• Wrought Alloys
• Cast Alloys
By Strength Type
• High Strength Aluminum Alloys
• Ultra-High Strength Aluminum Alloys
By End-User
• Automotive & Transportation
• Aerospace & Defense
• Marine
• Others
By Geography
Asia Pacific
• China
• South Korea
• Japan
• India
• Australia
• Singapore
• Thailand
• Indonesia
• Malaysia
• Philippines
• Rest of Asia-Pacific
North America
• US
• Canada
• Mexico
Europe
• Russia
• Turkey
• Belgium
• Netherlands
• Switzerland
• Spain
• France
• Germany
• Italy
• UK.
• Rest of Europe
South America
• Brazil
• Argentina
• Rest of South America
Middle East & Africa
• South Africa
• Rest of Middle East & Africa
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Competitive Analysis
The global high strength aluminum alloys market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of spray adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In August 2018, Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation, launched it’s newly developed a premium diesel piston aluminium alloy, called DuraForm-G91.
Trending Market Drivers and Restraints:
• Stringent regulations regarding fuel efficiency and emission reduction
• Growing luxury car preferences
• Recyclability of high strength aluminum alloys
• High cost of production
• Availability of substitutes
Scope of Report:
• CAGR of the market during the forecast period 2018-2025
• Detailed information on factors that will accelerate the growth of the High strength aluminum alloys market in upcoming years
• Precise estimation of the global High strength aluminum alloys market size, share and its contribution to the Global High strength aluminum alloys market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the High strength aluminum alloys industry across various geographies such as the North America Europe, Asia-Pacific, South America and Middle East & Africa.
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of High strength aluminum alloys manufacturers
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