Aluminum Market Analysis, Industry Size, Growth Share, Key Players and Forecast 2023


Posted August 2, 2019 by MPatni

Global Aluminum Market: Information by Type (Primary, Secondary), Product (Flat Rolled, Extrusions, Castings), Application (Transportation, Building & Construction, Machinery & Equipment, Electrical, Solar), and Region - Forecast Till 2023
 
Aluminum Market Key Players:
Key players playing significant roles in the market expansion are;
• Hindalco Industries Limited,
• Vedanta Limited,
• NALCO,
• Kennametal India Limited,
• Gujarat Foils Limited,
• Alcoa Corporation,
• Rio Tinto Alcan Inc.,
• Rusal,
• Norsk Hydro ASA,
• Emirates Global Aluminum PJSC,
• Aluminium Bahrain,
• Century Aluminum Company,
• Aluminum Corporation of China,
• China Hongqiao Group Limited,
• BHP Billiton Aluminium Australis Pty Ltd,
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Aluminum Market Segmentation:
The global aluminum market can be segmented based on type, product, and application.
Based on type, the market can be segmented into primary and secondary. Primary segment held over 61.97% market and earned USD 93,458 million in 2017 which can go up to USD 135,867.3 million by 2023. However, the secondary segment is to register the fastest CAGR of 7.60% during this period.
Product-based segmentation includes flat-rolled, castings, extrusions, forgings, pigments & powder, rod & bar, utensils, and others. Extrusions segment is the largest one with a market projection of the estimated value USD 60,605.3 million during the forecast period. Meanwhile, flat-rolled, with 7.20% CAGR is expected to register the fastest growth rate.
Based on application, the market can be segmented into transportation, building & construction, foil & packaging, electrical, machinery & equipment, utensils, consumer goods, solar industry, hardware & accessories, and others. Transportation sector can register the highest market growth with 7.42% CAGR and reach a valuation of USD 72,354 million during the forecast period.
Aluminum Market Table of Content:
1 Executive Summary
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
Aluminum Market Table of Content to be Continue…….,
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Issued By Mpatni
Phone 6468459312
Business Address Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Country India
Categories Business , Industry
Tags aluminum market share , aluminum market size
Last Updated August 2, 2019