North America Aluminum Market 2023 Major Key Players Alcoa, Norsk Hydro, Rio Tinto Alcan, Arconic, Century Aluminum, Novelis, Access Industries, United Company RUSAL, Kaisar Aluminum, and JW Aluminum

North America Aluminum Market is the third largest metal available across the globe. It is known for light weight and its ability to resist corrosion. Aluminum is a mineral mined from bauxite and cryolite. Aluminum alloys are formed using oxides and sulfates, which are highly adopted across various industries including building & construction and automotive marine & defense. In addition, aluminum is used to manufacture array of products, such as window frames, kitchen utensils, foils, airplane parts, beer kegs, and others.

The North America aluminum market accounted for $12,076.0 million in 2015 and is anticipated to reach $17,995.6 million by 2023, registering a CAGR of 5.1% from 2015 to 2023. Growth in transport industry and technological advancements in aluminum manufacturing technologies and processing equipment are the major factors that drive the growth of the North America aluminum market. Rapid increase in applications in various end-user industries such as construction and packaging further fuel the market growth. 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 aluminum products is expected to provide potential growth opportunities for the industry.

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The North America aluminum market is segmented based on processing method, end use industries, and countries. Based on processing method, the market is classified into flat rolled, castings, extrusions, forgings, pigments & powder, and rod & bar. Based on end-use industry, the market is divided into transport, building & construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and others. Based on country, it is analyzed across U.S. and Canada.

The major key players operating in the North America Aluminum market include Alcoa, Norsk Hydro, Rio Tinto Alcan, Arconic, Century Aluminum, Novelis, Access Industries, United Company RUSAL, Kaisar Aluminum, and JW Aluminum, and others.   The other player includes United Aluminum, GYFORDPRODUCTIONS, LLC, ALUMINERIE ALOUETTE INC., Extrudex Aluminum, and Almag Aluminum.

KEY BENEFITS FOR STAKEHOLDERS

Porter’s five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building

This report outlines the current trends and future scenario of the aluminum market from 2015 to 2023 to understand the prevailing opportunities and potential investment pockets

Major countries in each region are mapped according to their individual revenue contribution to the global/regional market

The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study

The profiles of the key players along with their key strategic developments are enlisted in the report

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North America Aluminum key Market Segments:

By Processing Method: Flat Rolled, Castings, Extrusions, Forgings, Pigments & Powder, Rod & Bar

By End-use Industry: Transport, Building & Construction, Electrical Engineering, Consumer Goods, Foil & Packaging, Machinery & Equipment, Others

By Region: North America, U.S., Mexico

Table of content:

Chapter 1. Research Methodology

Chapter 2. Global North America Aluminum Market Definition & Scope

Chapter 3. Executive Summary

Chapter 4. Global North America Aluminum Industry Dynamics

Chapter 5. Global North America Aluminum Market by Product

Chapter 6. Global North America Aluminum Market by Vehicle Type

Chapter 7. Global North America Aluminum Market by Application

Chapter 8. Global North America Aluminum Market, Regional Analysis

Chapter 9. Competitive Intelligence

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