Alumina And Aluminum Production And Processing Market 2020 Share, Size, Future Demand, Global Research, Top Leading Player, Emerging Trends, Region By Forecast To 2030

The Business Research Company offers " Alumina And Aluminum Production And Processing Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global alumina and aluminum production and processing market is expected to decline from $810.9 billion in 2019 to $718.2 billion in 2020 at a compound annual growth rate (CAGR) of -11.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $932.4 billion in 2023.

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The alumina and aluminum production and processing market consists of sales of alumina and aluminum by entities (organizations, sole traders and partnerships) primarily engaged in alumina extraction primarily from bauxite ore, producing aluminum from alumina, recovering aluminum from scrap or dross, refining aluminum by any process, alloying purchased aluminum and rolling, drawing, casting, extruding and alloying aluminum and aluminum-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.

Aluminum manufacturers are producing customized aluminum alloys for automobile manufacturers to produce light weigh vehicles. The use of aluminum alloys in vehicles reduces carbon emissions Increases fuel economy and improves overall stability as aluminum alloys considerably reduces vehicle body weight. This is primarily driven by stringent emission regulations and growing pressure to improve economy by many national and state governments. For instance, the US government’s federal emission standards, makes it mandatory for automobile manufacturers to increase corporate average fuel economy (CAFE) from 35.5 miles per gallon (mpg) in 2016 to 54.5 mpg by 2025..

Alumina And Aluminum Production And Processing Market Segmentation:
By Type
1. Aluminum Product Manufacturing From Purchased Aluminum
2. Secondary Smelting And Alloying Of Aluminum
3. Alumina Refining And Primary Aluminum Production

By Application:
1. Automotive
2. Manufacturing

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Alumina And Aluminum Production And Processing Market Characteristics
4. Alumina And Aluminum Production And Processing Market Product Analysis
5. Alumina And Aluminum Production And Processing Market Supply Chain
……
21. Key Mergers And Acquisitions In The Alumina And Aluminum Production And Processing Market
22. Market Background: Metal Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the Alumina And Aluminum Production And Processing Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Alumina And Aluminum Production And Processing Market are Rio Tinto, Weiqiao/ Hongqiao Group, United Co RUSAL PLC, Alcoa, Norsk Hydro

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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