Middle East And Africa Aluminium Market 2022 | Current Insight with Future Aspect Analysis

Precision Business Insights published a research report on "Middle East And Africa Aluminum Market: By Product (Flat Rolled, Pigment & Powder, Forgings, Extrusions, Castings, Rod & Bar and Others), Type (Secondary/Recycled Aluminum and Primary Aluminum), Application (Building & Construction, Consumer Goods, Electrical, Foil & Packaging, Hardware & Accessories, Machinery & Equipment, Solar Industry, Transportation, Utensils and Others) and Geography - Global/Region/Country Forecast to 2028"

Aluminium powder is a fine, granular, odourless, silvery-white to grey powder formed from aluminium metal. It's made by stamping and ball-milling foils in the presence of fatty lubricants like stearic acid, edible vegetable oil, and food-grade fatty acids in the presence of fatty lubricants like stearic acid, edible vegetable oil, and food-grade fatty acids. It's also available as a paste that's been soaked in mineral spirit. Aluminium powder is now available in a variety of forms, including atomized powder, flake powder, paste, and pigment powder. The powder has a higher density than water and is often utilised in the production of various compounds.

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The aluminium foil packaging market in the Middle East and Africa was estimated at USD 1.96 billion in 2020, and it is predicted to grow at a CAGR of 4.9 percent from 2020 to 2028. The market's growth is expected to be aided by a significant shift away from plastic packaging and toward sustainable packaging options. Over the forecast period, the market is likely to be driven by an increase in the number of food service outlets and, as a result, an increase in demand for food packing containers. The rapid increase of the region's middle-class population is likely to have a significant impact on the food and beverage sector. Foil wraps are a type of aluminium foil packaging that is used to wrap food products in both the home and the food and beverage industry. The increasing use of blister packs for the packaging of pharmaceutical tablets and capsules is predicted to drive up demand for aluminium foil packaging.

On the basis of process, the market is fragmented into expendable mold casting and non-expendable mold casting. On the basis of source, the market is divided into primary (fresh aluminum) and secondary (recycled aluminum). In 2021, primary (fresh aluminum) is projected to dominate the Middle East, and Africa market as the region did not have the adequate amount of water required for the recycling process and not having the facility for recycling the aluminum products. On the basis of application, the market is divided into intake oil pan housings, structural parts, chassis parts, cylinder heads, engine blocks, transmissions, wheels and brakes, heat transfers, and others. On the basis of end-user, the market is segmented into automotive, building and construction, industrial, household appliances, aerospace, electronics and electrical, engineering tools, and others.

In the catering and food sector in South Africa, aluminium foil containers and related culinary goods, also including confectionery dishes and foils, are commonly utilised. End-use industries are likely to increase their use of aluminium foil packaging to support sustainable packaging initiatives, which is expected to fuel market growth. Over the forecast period, Egypt is expected to grow significantly and at the highest CAGR. The regional market is likely to be driven by higher packaged food product consumption and a developing food service industry.

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There are several industry players working in the Middle East And Africa Aluminium Market, which include Alcoa Corporation (U.S.) Aluminum Bahrain (Bahrain) Aluminum Corporation of China (China) BHP Billiton Aluminum Australia Pty Ltd. (Australia) Century Aluminum Company (U.S.) China Hongqiao Group (China) Emirates Middle East & Africa Aluminum PJSC (UAE) Hindalco Industries Limited (India) Norsk Hydro ASA (Norway) Rio Tinto Alcan Inc. (Canada) Rio Tinto Australia (Australia) RUSAL (Russia) Vedanta Ltd. (India)

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