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Aluminum Plates Market to Witness Robust Expansion by 2024– Top Key players like Constellium,Kaiser Aluminum,Alcoa,Inc.
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Aluminum plate, aluminum from 0.008 inches to less than 0.25 inches thick is considered sheet. Thinner aluminum is foil and aluminum 0.250 inches and thicker is plate. In this report, the statistics data is aluminum plate with over 0.250 inches thickness.
From the view of region, Asia-Pacific have a larger market share in 2018 which account for 42.06%, and will witness a stable growth in following years. Europe hold a market share of 24.86% will still play an important role which cannot be ignored. Any changes from North America, which share a 21.80% market share in 2018, might affect the development trend of Aluminum Plates. South America and Middle East and Africa also play important roles in global market, but it will witness the comparatively lowest growth rate within selected regions.
In the future, the main focus of aluminum processing enterprises will be high value-added products industries, such as high-speed rail, automobiles, aviation and so on. However, from the industry level, the situation of excess capacity of low value-added aluminium products with a higher proportion has not changed fundamentally, and the fierce competition in the same industry has led to fluctuations in market prices; high value-added products are affected by large capital investment, high technical barriers, strong market demand and other reasons, and prices are stable, but in the future with more capital influx, NEW The market situation in the future is still grim due to factors such as technology promotion and the demand of aluminium enterprises to extend the industrial chain.
According to this study, over the next five years the Aluminum Plates market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 7530 million by 2024, from US$ 6020 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aluminum Plates business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Constellium
Kaiser Aluminum
Alcoa
Aleris
Hulamin
Kobelco
Vimetco
Furukawa-Sky
AMAG
KUMZ
Nippon Light Metal
GLEICH GmbH
Alimex
Nanshan Aluminum
Mingtai Al
Chalco
Alnan Aluminium
Jingmei Aluminium
Market Segment by Type, covers
2XXX
5XXX
6XXX
7XXX
8XXX
Others(1XXX 3XXX)
Market Segment by Applications, can be divided into
Aerospace and Defense
Mechanical Engineering or Mold
Railway & Shipping Industry
Others
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Related Information:
North America Aluminum Plates Market Growth 2019-2024
United States Aluminum Plates Market Growth 2019-2024
Asia-Pacific Aluminum Plates Market Growth 2019-2024
Europe Aluminum Plates Market Growth 2019-2024
EMEA Aluminum Plates Market Growth 2019-2024
Global Aluminum Plates Market Growth 2019-2024
China Aluminum Plates Market Growth 2019-2024
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