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The global aluminum market will witness a demand of 23.88 million tonnes during 2019-2023. This report provides a detailed analysis of the market based on end-user (transportation, construction, packaging, electrical engineering, and others), production process (primary aluminum and secondary aluminum), and geography (MEA, APAC, Europe, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several aluminum manufacturers including Aluminum Corporation of China, China Hongqiao Group, Emirates Global Aluminium, Rio Tinto, RUSAL, and Xinfa Group.
Some of the key findings from our aluminum market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The lightweight and recyclable properties of aluminum cans make it a popular choice in the beverages industry for packaging sodas, energy drinks, beers, and sparkling water. Apart from being easily recyclable and air resistant, aluminum cans can also be rapidly chilled and provide a superior metal surface for printing. This helps in enhancing the aesthetics of packaging and retain the original taste of the packaged food. With increasing demand for aluminum cans in the beverage industry, the demand for aluminum is also bound to grow.
The importance of secondary aluminum is growing in several industries, including automotive and construction industries because of its eco-friendliness, low price, and wide availability. Moreover, the production process of secondary aluminum is more energy efficient than the primary production process which further increases its significance in end-user industries. Hence, the growing significance of secondary aluminum is identified as a critical trend that will boost aluminum market growth at a CAGR of almost 5% during the forecast period.
The global aluminum market is highly fragmented. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this aluminum market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
The transportation segment will account for the highest share of the aluminum market because of the growth of the aerospace, automotive, marine, transportation, and rail industries. This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum market size.
With a complete study of the growth opportunities for the companies, it has been identified that the APAC region will account for the highest share of the aluminum market throughout the forecast period. The high consumption of aluminum in India and China is one of the major factors driving the growth of the market in this region
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY PRODUCTION PROCESS
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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