1 / 7

Aluminum market Poised to Expand at a Robust Pace by 2027

Aluminum market Poised to Expand at a Robust Pace by 2027<br>

piyathakare2012
Download Presentation

Aluminum market Poised to Expand at a Robust Pace by 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Aluminum Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 ©2019 Transparency Market Research, All Rights Reserved

  2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  3. Aluminum Market - Snapshot The global aluminum market displays a highly consolidated vendor landscape with a handful of large players holding key share, states Transparency Market Research (TMR) in a new market study. Due to high price sensitivity of aluminum alloys, price wars are seen among existing manufacturers. This, in turn intensifies competition among players in the aluminum market.  Top players in the global aluminum market include Norsk Hydro ASA, Alcoa Corporation, Aluminum Corporation of China Limited, Emirates Global Aluminum PJSC, RUSAL, and Rio Tinto.  According to findings of the TMR report, the global aluminum market is predicted to display a healthy 5.6% CAGR between 2018 and 2026, for the market to be worth US$303.53 bn by 2026. The market stood at a valuation of US$188.24 bn in 2017.  View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. Desire for Lightweight Automotive Components to enhance Vehicle Efficiency spurs Growth • Exponential growth of the automotive industry is a key factor driving the global aluminum market. • With a spurt of technological and mechanical advancements in automotive that requires light-weight body, the future of the aluminum industry is bright. • Players in the aluminum market are making efforts to develop lightweight aluminum alloys that fulfill these requirements.  • Aluminum alloys in automotive present other advantages too. Mechanically, resistance experienced by vehicles impacts fuel consumption and CO2 emissions. • As a rule of thumb, higher resistance results into greater thrust to move the vehicle resulting in increased CO2 emissions.

  5. Favorable Physical Properties of Aluminum pushes Demand in Food & Beverages Expansion of the consumer goods industry is providing impetus to the aluminum market. Aluminum is used in a number of packaging solutions such as beverage cans, aerosol sprays, food containers, tubes, and bottles. In particular, the exponential growth of the food & beverages industry is serving to boost the aluminum market. Aluminum is ideally suited for packaging solutions for food and beverages as it displays high strength, high durability, light weight, high recyclability, and resistance to moisture, gases, and light.  ©2019 Transparency Market Research, All Rights Reserved

  6. Key players operating in the aluminum market  Alcoa Corporation Aluminum Corporation of China Limited (CHALCO) Norsk Hydro ASA RUSAL Emirates Global Aluminium PJSC RioTinto. ©2019 Transparency Market Research, All Rights Reserved

  7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

More Related