Aluminum Market Research Report 2021, Industry Size, Share, Price Trends and Outlook

According to the latest report by IMARC Group, titled, “Aluminium Market Size : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″,The global aluminium market exhibited moderate growth during 2015-2020 and expects the market to grow at a CAGR of around 5% during 2021-2026.

Aluminium (AI) is a lightweight, silvery-white metal that occurs in igneous rocks and exhibits excellent thermal and electrical conductivity. It is extensively deployed in the food and beverages(F&B)sector as it is non-toxic in nature, and helps preserve food products for a prolonged time by inhibiting the growth of microorganisms. Aluminium is also utilized for manufacturing automobile body, wheels, frames, heat shields, car interiors and fuel systems.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Aluminium Market Trends:

The increasing usage of aluminum in different end-use industries, such as construction, packaging, automotive, etc., across the globe, is primarily driving the aluminum market. Moreover, as aluminum is extensively utilized in the manufacturing of disposable cans, the escalating demand for ready-to-eat (RTE) food items and beverages is further augmenting the market growth. Additionally, aluminum finds wide applications in pharmaceutical packaging as it creates a barrier against contamination from moisture, light, air, etc., ensuring a long shelf life for the product. This, in turn, is expected to fuel the aluminum market in the coming years.

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Aluminium Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Alcoa Corporation, Aluminium Bahrain BSC, Century Aluminium Company, China Hongqiao Group Limited, East Hope Group, Emirates Global Aluminium PJSC, Kaiser Aluminium, Norsk Hydro ASA, Novelis Inc. (Hindalco Industries Limited), Rio Tinto Ltd. and Vedanta limited.

The report has segmented the market on the basis on series, processing method and end use industry.

Breakup by Series:

Series 1
Series 2
Series 3
Series 4
Series 5
Series 6
Series 7
Series 8

Breakup by Processing Method:

Flat Rolled
Castings
Extrusions
Forgings
Pigments and Powder
Rod and Bar

Breakup by End Use Industry:

Transport
Building and Construction
Electrical Engineering
Consumer Goods
Foil and Packaging
Machinery and Equipments
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others
Middle East and Africa

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If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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