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The aluminum market is forecasted to grow by USD 31.43 billion during 2023-2028, accelerating at a CAGR of 3.33% during the forecast period. The report on the aluminum market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for aluminum in EVs, increasing demand for aluminum cans in beverage industry, and stringent regulations for environmental protection.
The aluminum market is segmented as below:
By End-user
- Transportation
- Construction
- Packaging
- Electrical engineering
- Others
By Type
- Primary aluminum
- Secondary aluminum
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the aluminum market covers the following areas:
- Aluminum market sizing
- Aluminum market forecast
- Aluminum market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aluminum market: Alcoa Corp., Aluminum Corp. of China Ltd., Century Aluminum Co., China Hongqiao Group Ltd., China Zhongwang Holdings Ltd., Emirates Global Aluminium PJSC, Gulf Extrusions Co. LLC, Hindalco Industries Ltd., HP Inc., Jindal Aluminium Ltd., Kaiser Aluminum Corp., Manaksia Ltd., Norsk Hydro ASA, Rio Tinto Ltd., Saudi Arabian Mining Co., State Power Investment Corp., United Company RUSAL, Vedanta Ltd., Vulcan Steel Ltd., and Xinfa.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing use of lightweight materials in various end-user industries."
According to the report, one of the major drivers for this market is the increasing demand for aluminum in EVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alcoa Corp.
- Aluminum Corp. of China Ltd.
- Century Aluminum Co.
- China Hongqiao Group Ltd.
- China Zhongwang Holdings Ltd.
- Emirates Global Aluminium PJSC
- Gulf Extrusions Co. LLC
- Hindalco Industries Ltd.
- HP Inc.
- Jindal Aluminium Ltd.
- Kaiser Aluminum Corp.
- Manaksia Ltd.
- Norsk Hydro ASA
- Rio Tinto Ltd.
- Saudi Arabian Mining Co.
- State Power Investment Corp.
- United Company RUSAL
- Vedanta Ltd.
- Vulcan Steel Ltd.
- Xinfa