The Aluminium Metals Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Aluminum is the Third Most Abundant on the Earth. In Addition to its Ductile Characteristic, Aluminum has a High Strength-To-Weight Ratio & Good Formability. Owing to Characteristics like Light Weight, High Corrosion Resistance, & High Durability, It Finds Usage in Various Important Industries. Aluminum is Alloyed with Metals like Manganese, Silicon, Copper, Magnesium, & Zinc to Produce Varied Range of Products
In August 2019, Novelis Inc Announced the Launch of Advanzâ„¢ 6hs-S650, a Precisely Engineered Aluminum Automotive Body Sheet Product in Accordance with the Industry Standards for Strength, Lightweighting, Formability, Performance & Structural Integrity
Major Players are:
Aluminum Corporation of China Limited (China),China Hongqiao Group Limited (China),Emirates Global Aluminium (United Arab Emirates),National Aluminium Company Limited (Nalco) (India),Hindalco Industries Ltd (India),United Company Rusal (Russia),Alcoa Corporation (United States),Rio Tinto (United Kingdom),Xinfa Group Co., Ltd. (China),Aleris Corporation (United States),
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Type (Sheets, Extrusions, Flat Rolled, Castings, Forgings, Pigments & Powder, Rod & Bar, Granule, Others), Application (Aerospace, Marine, Railway, Building & Construction, Consumer Goods, Foil & Packaging, Machinery & Equipment, Others), Sales Channel (Direct Sales, Indirect Sales), Alloy Grade (AA 2014, AA 2024, AA 5052, AA 6061, AA 7050, AA 7068, AA 7075, AA 2219, AA 6063, AA 7475, Others)
Increasing Adoption of Advanced Aluminium Alloy Technologies That Offer the Combination of Lower Density, Improved Stiffness & Corrosion Resistance in Various End-Use Industry
Rise in the Automotive & Maritime Transport Industry Utilising Aluminum for Manufacturing Various Parts like Bonnets, Wheels, Motorbike Handles, Brake Components, Pistons, Ship Deck, Engine, & Rudder
The requirement for a Light-Weight, Corrosion Resistance & High Tensile Strength Aerospace Material for its Use in Fuselage, Wing, & Supporting Structures of Commercial Airliners
Presence of Alternate Metals like Steel & Titanium in the Industry may pose a Competitive Challenge
Stringent Regulations Associated with the Dumping of Aluminum Waste
There is an Increasing Opportunity for the Usage of Aluminum in the Food & Beverages Industry for Packaging, Foods, Sodas, Energy Drinks, & Beers
Increased Space Exploration Programmes Worldwide by Different Countries Open Up Prospects for the Increased Usage of Aluminum
Years considered for this report:
- Historical Years: 2015-2020
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2021-2026
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Aluminium Metals Market
Chapter 05 – Global Aluminium Metals Market – Pricing Analysis
Chapter 06 – Global Aluminium Metals Market Background
Chapter 07 — Global Aluminium Metals Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Aluminium Metals Market
Chapter 09 – Global Aluminium Metals Market Structure Analysis
Chapter 10 – Global Aluminium Metals Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the Aluminium Metals Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
- How much is the Aluminium Metals MarketWorth?
- What is the Growth Rate of the Aluminium Metals Market?
- Which Segment ofthe Aluminium Metals to Hold the Highest Market Share?
- Which Segment ofthe Aluminium Metals Market to Witness Fastest Growth Rate?
- Which Region to Hold the Biggest Market Share?
- Who are the Key Players of the Aluminium Metals Market?
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