Aluminum Alloy Market to Observe Highest Growth of USD 22.00 Billion with Excellent CAGR of 4.96% by 2029

Global Aluminum Alloy Market was valued at USD 14.94 billion in 2021 and is expected to reach USD 22.00 billion by 2029, registering a CAGR of 4.96% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition
Aluminum alloys are alloys with a higher percentage of aluminum metal in their composition. Aluminum is a common metal that is utilized in a variety of industries, including transportation, transportation, and electronics. To improve the qualities of pure aluminum and make it acceptable for a wide variety of uses, alloying metal is added to the base metal aluminum in aluminum alloys.

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Some of the major players operating in the aluminum alloy market are
Aluminium Corp (China)
Rio Tinto (UK)
Dupont (U.S.)
Alcoa Corporation (U.S.)
RUSAL (Russia)
Hindalco Industries Limited (India)
UACJ Corporation (Japan)
SOLVAY (Belgium)
Norsk Hydro ASA (Norway)
AluminIum BahraIn B.S.C. (Alba) (Bahrain)
DAIKIN (Japan), Aleris International Inc. (U.S.)
Teijin Limited (Japan)
Mitsubishi Chemical Holdings Corporation (Japan)
Emirates Global Aluminium PJSC (UAE)
Constellium (France)
Kobe Steel Ltd. (Japan)
Magna International Inc. (Canada)
IBC Advanced Alloys Corp (U.S.)

Global Aluminum Alloy Market Scope
Product
Wrought Alloy
Cast Alloy

Sensitivity Type
Heat Treatable Alloys
Non Heat-Treatable Alloys

Design Type
2000 Series
3000 Series
4000 Series
5000 Series
6000 Series
7000 Series
Others

Strength Type
High Strength
Ultra-High Strength

Application
Transportation
Automotive

Aluminum Alloy Market Regional Analysis/Insights
The Aluminum Alloy market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Aluminum Alloy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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