Aluminium Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Aluminium is one of the lightest metals weighing one-third of iron. Also, it is the third most abundant chemical element after oxygen and silicon on earth. Aluminum is rust-proof, ductile and malleable metal which does not magnetize and is a great electricity conductor making its use involved in almost all major industries from construction, aviation, automotive to food and energy.
MARKET DYNAMICS
The aluminium market owing to the functional properties of the metal and efficient processing using pressure both when hot and cold has played a key role in keeping the market opportunities on top. Besides, the technological advancements and development of new aluminium alloys are expected to further boost the market growth in the coming years.
MARKET SCOPE
The "Global Aluminium Market Analysis to 2031" is a specialized and in-depth study of the Chemical and Material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aluminium market with detailed market segmentation by end-user, processing method, and geography. The global aluminium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aluminium market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aluminium market is segmented on the basis of end-user and processing methods. With respect to end-user, the aluminium market is segmented into transport, building and construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and other. On the basis of processing method, the aluminium market is segmented into flat rolled, castings, extrusion, forgings, pigments & powders, rod & bar.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aluminium market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aluminium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aluminium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aluminium in these regions.
By End-User
By Processing Method
MARKET PLAYERS
The reports cover key developments in the aluminium market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from aluminium market are anticipated to lucrative growth opportunities in the future with the rising demand for Aluminium in the global market. Below mentioned is the list of few companies engaged in the Aluminium market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aluminium market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Aluminium is one of the lightest metals weighing one-third of iron. Also, it is the third most abundant chemical element after oxygen and silicon on earth. Aluminum is rust-proof, ductile and malleable metal which does not magnetize and is a great electricity conductor making its use involved in almost all major industries from construction, aviation, automotive to food and energy.
MARKET DYNAMICS
The aluminium market owing to the functional properties of the metal and efficient processing using pressure both when hot and cold has played a key role in keeping the market opportunities on top. Besides, the technological advancements and development of new aluminium alloys are expected to further boost the market growth in the coming years.
MARKET SCOPE
The "Global Aluminium Market Analysis to 2031" is a specialized and in-depth study of the Chemical and Material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aluminium market with detailed market segmentation by end-user, processing method, and geography. The global aluminium market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aluminium market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aluminium market is segmented on the basis of end-user and processing methods. With respect to end-user, the aluminium market is segmented into transport, building and construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and other. On the basis of processing method, the aluminium market is segmented into flat rolled, castings, extrusion, forgings, pigments & powders, rod & bar.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aluminium market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aluminium market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aluminium market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aluminium in these regions.
Aluminium Market Report Analysis
Aluminium Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Alcoa Corporation
- Aluminum Corporation of China Limited CHALCO
- Aluminium Division of Rio Tinto
- China Hongqiao Group Ltd
- China Power Investment Corp CPI
- East Hope Group Company Limited
- Emirates Global Aluminium PJSC
- Norsk Hydro ASA
- Rusal
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By End-User
- Transport
- Building & Construction
- Electrical Engineering
- Consumer goods
- Foil & Packaging
- Machinery & Equipment
By Processing Method
- Flat rolled
- Castings
- Extrusion
- Forgings
- Pigments & Powders
- Rod & Bar
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the aluminium market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from aluminium market are anticipated to lucrative growth opportunities in the future with the rising demand for Aluminium in the global market. Below mentioned is the list of few companies engaged in the Aluminium market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aluminium market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Alcoa Corporation
- Aluminum Corporation of China Limited (CHALCO),
- Aluminium Division of Rio Tinto
- China Hongqiao Group Ltd.,
- China Power Investment Corp. (CPI)
- East Hope Group Company Limited,
- Emirates Global Aluminium PJSC,
- Norsk Hydro ASA
- Rusal
- Xinfa Group Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Aluminium Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By End-User
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Alcoa Corporation
2. Aluminum Corporation of China Limited (CHALCO),
3. Aluminium Division of Rio Tinto
4. China Hongqiao Group Ltd.,
5. China Power Investment Corp. (CPI)
6. East Hope Group Company Limited,
7. Emirates Global Aluminium PJSC,
8. Norsk Hydro ASA
9. Rusal
10. Xinfa Group Co., Ltd.
1. Alcoa Corporation
2. Aluminum Corporation of China Limited (CHALCO),
3. Aluminium Division of Rio Tinto
4. China Hongqiao Group Ltd.,
5. China Power Investment Corp. (CPI)
6. East Hope Group Company Limited,
7. Emirates Global Aluminium PJSC,
8. Norsk Hydro ASA
9. Rusal
10. Xinfa Group Co., Ltd.
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