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Increasing End-User Demand Will Lead to Significant Growth in the Global Aluminum Market
ALUMINUM MARKET
Browse 42 market data Tables and 42 Figures spread over 178 Pages, along with an in-depth analysis of the Global Aluminum Market by End-User, Product Type & by Geography
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/aluminum-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
The China aluminum market is set to rise with a CAGR of 5.38% across the forecasting years, reaching a revenue share of $92949.64 million by 2028. While the base year considered for the studied market is 2021, the forecast years are from 2022 to 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/china-aluminum-market/
Global Aluminum Market Scenario
Among the lightest technical metals, aluminum has a stronger-to-weight ratio than steel. Key factors include the rise in the manufacturing of electric vehicles, the increasing replacement of aluminum by automakers for stainless steel, and the rising demand from end users are expected to propel the expansion of the worldwide aluminum market.
Aluminum is used extensively in a variety of industries, including packaging, electrical, transportation, maritime, and construction. Aluminum's non-toxic composition, superior thermal and electrical conductivity, recyclability, and resistance to corrosion all contribute to its extensive use. Regarding this, the most common uses of aluminum among various end customers are in the manufacturing of airplanes, aluminum car parts, industrial flooring and treadplates for buildings, helideck support structures on offshore oil and gas rigs, and other applications. Therefore, it is expected that the explosive demand from these quickly expanding end-user industries would support the expansion of the worldwide aluminum market throughout the projected timeframe.
The Global Aluminum Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Aluminum Market by Product Type, End-User, & by Geography: https://www.inkwoodresearch.com/reports/aluminum-market/#request-free-sample
Market Segmentation
Market by Product Type:
• Primary aluminum
• Alumina
• Bauxite
• Other Products (Flat Rolled and Extrusions)
Market by End-User:
• Building and Construction
• Automotive & Transportation
• Electronics
• Foil & Packaging
• Other End-Users
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• UNITED COMPANY RUSAL PLC
• RIO TINTO
• ALUMINUM BAHRAIN BSC (ALBA)
• RELIANCE STEEL & ALUMINUM CO
• NORSK HYDRO ASA
• HINDALCO INDUSTRIES LTD
• EMIRATES GLOBAL ALUMINUM PJSC
• CONSTELLIUM SE
• UACJ CORPORATION
• CHINA ZHONGWANG HOLDINGS LIMTED
• NOVELIS INC
• CENTURY ALUMINUM COMPANY
• ALUMINUM CORPORATION OF CHINA LTD (CHALCO)
• ALCOA CORPORATION
• CHINA HONGQIAO GROUP LIMITED
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