Press release
Global Aluminium Metals Market 2018-2023 Forecast Manufacturers Analysis :- RUSAL, Aluminium Corporation of China Ltd., Rio Tinto Alcan Inc., Norsk Hydro ASA, Alcoa, Inc., China Hongqiao Group Limited
Global Aluminium Metals Market Information-by Type (Primary Aluminium, Recycled Aluminium), by Application (Automotive & Transportation, Construction, Foil & Packaging, Electrical, Machinery & Equipment, Consumer Goods and others) and by Region - Forecast to 2022Key Market Players:
The key players of Global Aluminium metals Market are RUSAL, Aluminium Corporation of China Ltd., Rio Tinto Alcan Inc., Norsk Hydro ASA, Alcoa, Inc., China Hongqiao Group Limited, and Emirates Global Aluminium PJSC
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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
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.
Reasons to Buy:-
This report includes in-depth study analysis of Aluminium metals market
It covers market segmentation by type, by application and by end user.
It helps in identifying region-wise major suppliers and understand consumption patterns.
The report will provide useful and premium insights that will support in investments of Aluminium metals and allied companies providing details on the fast-growing segments and regions.
In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.
The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and supported by authentic industry data from secondary sources.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/aluminium-metals-market-3563
Target Audience:
Aluminium metals producers
Traders and distributors
Association and government bodies.
Application industries
Electronic manufacturers
Research institute
The report for Global Aluminium metals Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Market Dynamics:
The Global Aluminium Metals Market is expected to register moderate growth of 5.3% over the forecast period. The prominent factors fuelling the growth of global aluminium metals market are, rise in automotive production coupled with increasing use of aluminium in vehicle manufacturing. Rapid urbanization in the developing economies with rigorous infrastructural development and regaining stability of housing market in the mature markets can be attributed to the overall growth of global Aluminium metals market. Furthermore, in line with the rapid urbanization and industrialization, the electrical and power supply needs to be addressed, with significant application of aluminium in electric wires and transmission lines, the demand from electrical sector is anticipated add further value to the global Aluminium metals market. Apart from the above mentioned factors, demand for aluminium among the food packaging industry, equipment manufacturers, and consumer goods among other applications is anticipated to further augment the demand for aluminium metals globally. However, oversupply of primary aluminium leading to declining prices and rapidly growing demand for recycled aluminium as substitute for primary aluminium among other factors might hamper the growth of global aluminium metals market to an extent.
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
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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