openPR Logo
Press release

Aluminum Flat-Rolled Products Market Projected Growth to USD 126.52 Billion by 2030 at a CAGR of 7.45%

12-03-2024 11:53 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

Aluminum Flat-Rolled Products Market

Aluminum Flat-Rolled Products Market

๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐€๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐…๐ฅ๐š๐ญ ๐‘๐จ๐ฅ๐ฅ๐ž๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global Aluminum Flat Rolled Products Market is undergoing significant transformation, fueled by mergers, acquisitions, and technological advancements. As the demand for lightweight and high-strength aluminum products increases across industries such as automotive, aerospace, and construction, the market is poised for substantial growth. As of 2023, the market is experiencing dynamic shifts in business strategies, particularly from key regions including Vietnam, Thailand, Singapore, Japan, South Korea, European countries, and the United States.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง๐ฌ

The Aluminum Flat Rolled Products Market is projected to expand rapidly, driven by both regional and global factors. Key drivers include the ongoing demand for sustainable materials in the automotive industry, growth in construction and infrastructure projects, and the expansion of renewable energy solutions.

Global Growth: The market is set to see significant growth across Asia Pacific and North America, with the increasing use of aluminum in various applications, particularly in electric vehicles and green building solutions.

Technological Innovation: Continued research and development in aluminum rolling techniques, along with increased production capacities, will be key to meeting the market's future needs.

๐…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‹๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/70845/

๐‘๐ž๐œ๐ž๐ง๐ญ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐…๐ฅ๐š๐ญ ๐‘๐จ๐ฅ๐ฅ๐ž๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Mergers and acquisitions (M&As) are playing a crucial role in shaping the competitive landscape of the aluminum flat rolled products market. Here are some key developments:

Vietnam: Local producers in Vietnam are expanding their operations through strategic acquisitions to capitalize on the increasing demand for aluminum products in construction and manufacturing. Recent merger talks with global aluminum producers aim to enhance production capacity and improve supply chain efficiencies.

Thailand: Thailand's Samurai Aluminum has recently acquired AluTech Industries, a move aimed at consolidating the aluminum rolling production capabilities in Southeast Asia. This merger is expected to enhance Thailand's position as a leading supplier in the region.

Singapore: United Aluminum Singapore has entered into a joint venture with Global Steel Inc., focusing on the development of aluminum sheet products for the automotive sector. This partnership marks a significant development in enhancing manufacturing capabilities in Southeast Asia.

Japan: Japan's Sumitomo Light Metal has expanded its presence in the global market by acquiring the flat-rolled products division of UACJ Corporation. The acquisition is expected to boost Sumitomo's production capabilities and widen its customer base in North America and Europe.

South Korea: South Korea's POSCO continues its expansion strategy in the global aluminum market through the acquisition of Hyundai Aluminum Rolling, a move that positions POSCO as one of the key leaders in the aluminum flat rolled product sector.

United States: Alcoa Corporation, a major player in the aluminum industry, has recently merged with Novelis to create one of the world's largest suppliers of rolled aluminum products. This deal has strengthened their position in the automotive and aerospace industries.

European Union: In Europe, ArcelorMittal has been actively acquiring smaller regional players in the aluminum sector, solidifying its market dominance across the European Union. This strategy enhances ArcelorMittal's production of sustainable aluminum products, meeting EU environmental goals.

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/70845/

๐€๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐…๐ฅ๐š๐ญ ๐‘๐จ๐ฅ๐ฅ๐ž๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ฆ

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Plates
Sheets
Standard GEQ
Circles
Foil Stock
Can Stock
Fin Stock

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ๐ฌ

Building & Construction
Automotive & Transportation
Consumer Goods
Electrical & Electronics
Industrial
Packaging

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž @https://www.maximizemarketresearch.com/request-sample/70845/

๐€๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐…๐ฅ๐š๐ญ ๐‘๐จ๐ฅ๐ฅ๐ž๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
1. Alcoa Corporation (US)
2. ZETWERK
3. Novelis
4. Kaiser Aluminum
5. Grรคnges Americas Inc.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž

6. Constellium (The Netherlands)
7. Norsk Hydro ASA (Norway)
8. Speira
9. Metenere Limited
10. AMAG Austria Metall AG

๐€๐๐€๐‚

11. Hindalco Industries Limited (India)
12. Aluminum Corporation of China (Chalco) (China)
13. NALCO (India)
14. UACJ Corporation (Japan)
15. Kobe Steel, Ltd

๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ ๐š๐ง๐ ๐€๐Ÿ๐ซ๐ข๐œ๐š

16. Gulf Aluminium Rolling Mill Co.
17. Emirates Global Aluminium (EGA)
18. Alcoa Corporation
19. Bahrain Aluminium Extrusion Company
20. Sohar Aluminium

๐’๐จ๐ฎ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š

21. Hydro Extruded Solutions
22. Constellium SE
23. Arconic Inc

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/global-aluminum-flat-rolled-products-market/70845/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Alcoa Corporation: A global leader in aluminum production, Alcoa's recent merger with Novelis has positioned the company for continued growth in the rolled aluminum product market.

POSCO: With multiple strategic acquisitions, POSCO has become a key player in the aluminum rolling industry, particularly in South Korea and Southeast Asia.

ArcelorMittal: The company's continued focus on sustainability and technological innovation in aluminum production is propelling its expansion in Europe.

UACJ Corporation: Japan's UACJ is increasing its global footprint through mergers and acquisitions, focusing on expanding its aluminum flat rolled product capabilities for automotive and aerospace industries.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐€๐ฌ๐ข๐š-๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐š๐ง๐ ๐๐ž๐ฒ๐จ๐ง๐

The Asia-Pacific region, particularly Vietnam, Thailand, Singapore, Japan, and South Korea, presents abundant opportunities for market growth. As industries such as automotive manufacturing and renewable energy demand high-quality aluminum products, these regions are becoming hotspots for M&A activity and expansion.

Vietnam and Thailand have seen increasing interest from global aluminum players due to their strategic positions in the global supply chain.
Japan and South Korea continue to innovate in aluminum manufacturing processes, strengthening their positions in automotive and aerospace applications.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Global Hafnium Market https://www.maximizemarketresearch.com/market-report/global-hafnium-market/107468/

โ™ฆ Global Heavy Duty Bags Sacks Market https://www.maximizemarketresearch.com/market-report/global-heavy-duty-bags-sacks-market/96364/

โ™ฆ Global Helium Market https://www.maximizemarketresearch.com/market-report/global-helium-market/26772/

โ™ฆ Global High Performance Liquid Chromatography Hplc Packing Materials Market https://www.maximizemarketresearch.com/market-report/global-high-performance-liquid-chromatography-hplc-packing-materials-market/79847/

โ™ฆ Global High Performance Liquid Chromatography Market https://www.maximizemarketresearch.com/market-report/global-high-performance-liquid-chromatography-market/33778/

โ™ฆ Global High Performance Polyamides Market https://www.maximizemarketresearch.com/market-report/global-high-performance-polyamides-market/87814/

โ™ฆ Global High Pressure Seals Market https://www.maximizemarketresearch.com/market-report/global-high-pressure-seals-market/76434/

โ™ฆ Global High Purity Gas Market https://www.maximizemarketresearch.com/market-report/global-high-purity-gas-market/66809/

โ™ฆ Global High Strength Aluminum Alloys Market https://www.maximizemarketresearch.com/market-report/global-high-strength-aluminum-alloys-market/117414/

โ™ฆ Global Hydrogel Market https://www.maximizemarketresearch.com/market-report/global-hydrogel-market/30928/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

A versatile market research and consulting firm, Maximize Market Research employs experts from several sectors. Medical device manufacturers, pharmaceutical companies, science and engineering, electronic components, industrial equipment, technology and communication, automobiles, chemical goods and substances, general merchandise, alcoholic beverages, personal care products, and automated systems are a few of the industries we cover. To name a few, we offer client impact studies, technical trend analysis, critical market research, competitive analysis, production and demand analysis, and market-verified industry estimations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aluminum Flat-Rolled Products Market Projected Growth to USD 126.52 Billion by 2030 at a CAGR of 7.45% here

News-ID: 3768815 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT.LTD

Raw Pet Food Market Poised for Growth Projected to Reach USD 14.55 Billion by 2030 with a 10.16% CAGR
Raw Pet Food Market Poised for Growth Projected to Reach USD 14.55 Billion by 20 โ€ฆ
๐‘๐š๐ฐ ๐๐ž๐ญ ๐…๐จ๐จ๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ The global raw pet food market is gaining traction, driven by the rising demand for natural and minimally processed pet food options. With a market size valued at USD 7387.57 Million in 2023, it is projected to grow at a robust CAGR of 10.16% during the forecast period from 2024 to 2030, reaching USD 14546.03 Million by the end of 2030. This press release explores country-specificโ€ฆ
Zircon Sand Market to Reach USD 3.99 Billion by 2030, Growing at a CAGR of 8.2%
Zircon Sand Market to Reach USD 3.99 Billion by 2030, Growing at a CAGR of 8.2%
Zircon Sand Market Overview The global zircon sand market is witnessing substantial growth, driven by its applications across various industries, including ceramics, refractories, and foundries. Valued at USD X billion in 2023, the market is expected to reach USD Y billion by 2030, growing at a CAGR of Z% from 2024 to 2030. This press release provides a comprehensive analysis of the market dynamics, country-specific developments, and recent trends. ๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž,โ€ฆ
Automotive Brake Caliper Market to Reach USD 21.53 Billion by 2030, Growing at a 4% CAGR
Automotive Brake Caliper Market to Reach USD 21.53 Billion by 2030, Growing at a โ€ฆ
Automotive Brake Caliper Market Overview The Global Automotive Brake Caliper Market is witnessing significant advancements driven by technological innovations and the surging demand for efficient braking systems. The market was valued at USD X billion in 2023 and is projected to grow at a CAGR of X% from 2024 to 2030, reaching USD X billion. This press release explores country-specific growth, opportunities, trends, consolidation, and updation in the market across Vietnam,โ€ฆ
Account Reconciliation Software Market to Reach $8.10 Billion by 2030, Growing at a 14.6% CAGR
Account Reconciliation Software Market to Reach $8.10 Billion by 2030, Growing a โ€ฆ
Account Reconciliation Software Market Overview Global Account Reconciliation Software Market Poised for Growth The global account reconciliation software market is projected to experience substantial growth, reaching a market valuation of USD X billion by 2030, growing at a CAGR of X.X% from 2024 to 2030. This growth is driven by the increasing adoption of automated financial solutions and advancements in AI and cloud technologies. ๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/104828/โ€ฆ

All 5 Releases


More Releases for Aluminum

New Aluminum Material-Aluminum Foam Application Summary
Aluminum Foam [https://www.beihaicomposite.com/aluminum-foam-tag/] Characteristics Ultra-lightness The density is 0.2~0.4g/cm3, which is about 1/10 of the density of aluminum, 1/20 of the density of titaNium, 1/30 of the density of steel, 1/30 of the density of steel, and 1/3 of the density of wood. Sound Absorbability Aluminum foam [https://www.beihaicomposite.com/about-us/] can be used to muffle and reduce noise by absorbing sound energy through the vibration of the pores' walls. Heat resistance It has high heat resistance; the generalโ€ฆ
5083 medium-thick aluminum plate 5083 marine aluminum plate 5083 automotive alum โ€ฆ
5083 aluminum plate๏ผˆhttps://www.mingtai-al.com/5083-Aluminum-Sheet.html๏ผ‰ is a typical aluminum-magnesium alloy with light weight and high strength. With its excellent performance, it can be widely used in many industries such as automobile manufacturing, shipbuilding and rail transportation. With the vigorous development of lightweight, the demand for 5083 medium-thick aluminum plate in aluminum tank trucks and marine aluminum plates has increased. 5083 medium-thick aluminum plate-5083 marine aluminum plate-5083 automotive aluminum plate manufacturer introduction In recent years,โ€ฆ
Yocon Aluminum Announces Availability of 3003 Aluminum Coil
Yocon Aluminum, a leading supplier of aluminum coil products in China, today announced the availability of 3003 aluminum coil. The company's new product is made from high-quality, mill-finished 3003 alloy and features excellent formability, weldability, and corrosion resistance. It is ideally suited for a wide range of applications in the transportation, construction, and industrial markets. With its outstanding properties, 3003 aluminum coil is quickly becoming a preferred choice for customersโ€ฆ
Yocon Aluminum china factory offers 3003 Aluminum Coil
Yocon Aluminum china factory is proud to offer 3003 aluminum coil. This high-quality product is perfect for a variety of applications, and we are confident that you will be satisfied with its performance. We are committed to providing our customers with the best products and services possible, and we look forward to helping you meet your needs. Contact us today to learn more about our 3003 aluminum coil! In an effortโ€ฆ
Yocon Aluminum Supplies Aluminum Foil Coils for Major Appliances
Yocon Aluminum, a leading manufacturer and supplier of aluminum foil coils, has announced that they are now supplying major appliance manufacturers with their high-quality aluminum foil coils. With over forty years of experience in the industry, Yocon Aluminum is known for their dedication to quality and customer satisfaction. Their products are used in a variety of applications, including air conditioners, refrigerators, and freezers. When it comes to choosing a supplierโ€ฆ
Aluminum Frp Market Size, Status and Global Outlook 2021-Shandong Nanshan Alumin โ€ฆ
The MarketInsightsReports has published the obtainability of a new statistical data to its repository titled as, Aluminum Frp market. The comprehensive report provides useful insights into Market growth, revenue, and market trends, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.โ€ฆ