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Global High Strength Aluminum Alloy Market-Forecast to 2026

Global High Strength Aluminum Alloy Market

Global High Strength Aluminum Alloy Market

According to a new market research report published by Global Market Estimates, the Global High Strength Aluminum Alloy Market is projected to grow from USD 37.94 billion in 2020 to USD 55.54 billion by 2026 at a CAGR of 7.9%. The market’s expansion can be ascribed to rising demand for high-strength aluminum alloys in the aerospace industry, which aircraft system designers favor due to their exceptional mechanical features. In addition, increased demand for high-strength aluminum alloys as a substitute for steel in luxury vehicles and buses is likely to propel the target market forward throughout the forecast period.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth T.O.C. on “Global High Strength Aluminum Alloy Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/high-strength-aluminum-alloys-market-3532

By Product (Wrought and Cast), By Strength (High-Strength and Ultra-High Strength), By End-User (Aerospace & Defense, Automotive & Transportation, Marine, and Others), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• Due to its outstanding effectiveness and excellent mechanical properties, high-strength aluminum alloys have been the predominant construction material for aircraft
• Throughout the projected period, increasing demand for aluminum alloys as a steel substitute in premium vehicles and buses is expected to propel the consumer base upward
• The automotive & transportation sector is envisaged to hold the largest share of the market revenue as per end-user analysis
• Alcoa Inc., Rio Tinto P.L.C., Norsk Hydro A.S.A., Aluminium Bahrain B.S.C., and Hindalco Industries Limited among others, are the key players in the high strength aluminum alloy market

Browse the Report @ https://www.globalmarketestimates.com/market-report/high-strength-aluminum-alloys-market-3532

Product Type (Revenue, USD Billion, 2021-2026)
• Wrought
• Cast

Strength (Revenue, USD Billion, 2021-2026)
• High-Strength
• Ultra- High-Strength

End-User (Revenue, USD Billion, 2021-2026)
• Aerospace & Defense
• Automotive & Transportation
• Automotive
• Marine
• Others

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of C.S.A.
Middle East & Africa
• Saudi Arabia
• U.A.E.
• Rest of M.E.A.

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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