Aluminum Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

Aluminum Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
Global aluminium market is predicted to value over USD 178,366 million by 2026 end
and register CAGR of over 3% during the forecast period 2019 to 2026.
Aluminium has unique characteristics like high malleability, ductility, conductivity
and strength when alloyed. Aluminium is highly used as metal in end-use industries
like pharmaceutical industries and food & packaging industries. Since it's a good
electrical conductor, it's used in an electrical transmission line. Aluminium is heavily
utilized in construction, electrical engineering, transport. electrical engineering and
machinery and equipment industries.
The growing demand for recycled aluminium in the automotive and aerospace
industries is boosting the growth of the market. Growth of the transport industry and
technological advancements has led to more growth in the field. The growth of the
automotive industry is also expected to boom the aluminium market. Gradual
demand for fuel-efficient and lightweight vehicles has led to more growth of the
aluminium market. Nations like Brazil and the US are reducing production to
neutralize increasing prices and this has resulted in more growth of the market.
However, bauxite reserves are getting endangered and this has diminished the
growth of the market. Fluctuating prices of raw materials of aluminium and high
import tariffs dictated on India and China has hindered the growth of the market.
Asia and Pacific currently hold vast market share and is expected to drive the market
in the coming time. China is the leading producer of aluminium. Canada and Russia
are behind China. Expansion of the construction industry in Asia and the Pacific
region has led to more growth of the aluminium market. Rapid urbanization has also
played its part in the rising growth of the market. Europe and North America sit
behind Asia and Pacific in the aluminium market. Expansion of automotive industries
and rapid urbanization in the US, Canada and Germany has contributed to the
growth of the aluminium market.
Some of the prominent players of the market are Emirates Global Aluminium PJSC,
Rio Tinto , RUSAL and Alcola Corporation.
Aluminum Market Restraints:
● Fluctuating prices of raw materials
● Bauxite reserves getting endangered
● High import tariffs
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Aluminum Market Segmentation:
By Processing Method:
● Flat Rolled
● Castings, Extrusions
● Forgings
● Pigments & Powders
● Rod & Bars
By End User:
● Transport
● Building & Construction
● Electrical Engineering
● Consumer Goods
● Foil & Packaging
● Machinery & Equipment
● Others
By Region
● Europe
● North America
● Asia-Pacific
● Latin America
● Rest of World
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Competitive Landscape:
● Tier 1 players- established companies in the market with a major market share
● Tier 2 players
● Emerging players which are growing rapidly
● New Entrants
FutureWise Key Takeaways
● Growth Prospects
● SWOT Analysis
● Key Trends
● Key data-points affecting market growth
Objectives of the Study:
● To provide an exhaustive analysis on aluminium market by processing, by end
users and by region
● To cater comprehensive information on factors impacting market growth
(drivers,
restraints, opportunities, and industry-specific restraints)
● To evaluate and forecast micro-markets and the overall market
● To predict the market size, in key regions (along with countries)—North America,
● Europe, Asia Pacific, Latin America, and the Middle East
● To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
● Profiling of companies to evaluate their market shares, strategies, financial and
core
competencies
Table of Contents
Chapter: 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
Chapter: 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
Chapter: 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.3. Top winning strategies
3.4. Porter's five forces analysis
3.5. Top player positioning, 2020
3.6. Market dynamics
Chapter: 4: NORTH AMERICA ALUMINUM MARKET, BY PROCESSING METHOD
4.1. Overview
4.2. Market size and forecast
4.3. Flat rolled
4.4. Castings
4.5. Extrusions
4.6. Forgings
4.7. Pigments & powders
4.8. Rods & bars
Chapter: 5: NORTH AMERICA ALUMINUM, BY END-USER INDUSTRY
5.1. Overview
5.2. Transport
5.3. Building & construction
5.4. Electrical engineering
5.5. Consumer goods
5.6. Foil & packaging
5.7. Machinery & equipment
5.8. Others
Chapter: 6: NORTH AMERICA ALUMINUM MARKET, BY COUNTRY
6.1. Overview
Chapter: 7: COMPANY PROFILES
7.1. ALCOA CORPORATION
7.2. NORSK HYDRO ASA
7.3. RIO TINTO ALCAN INC.
7.4. ARCONIC INC.
7.5. CENTURY ALUMINUM COMPANY
7.6. NOVELIS INC.
7.7. ACCESS INDUSTRIES
7.8. UNITED COMPANY RUSAL
7.9. KAISER ALUMINUM
7.10. JW ALUMINUM INC.
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Global aluminium market is predicted to value over USD 178,366 million by 2026 end and register CAGR of over 3% during the forecast period 2019 to 2026. Aluminium has unique characteristics like high malleability, ductility, conductivity and strength when alloyed.