The global aluminum market size was USD 156 Billion in 2023 and is expected to register a rapid revenue CAGR of 5.9 % during the forecast period. Rising demand for aluminum in construction activities and increasing consumer preference for aluminum packaging are key factors driving market revenue growth.
The report sheds light on details about every market player in the global Aluminum Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are employing various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aluminum market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
RusAL, Rio Tinto, Aluminum Corp, Alcoa Corporation, Emirates Global Aluminum PJSC, Norsk Hydro ASA, Hindalco Industries Ltd, Vedanta Aluminum & Power, Arconic, Century Aluminum Company, and JW Aluminum
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Emergen Research has segmented the global Aluminum market on the basis of type, application, end-use, and region:
-
Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Sheet
- Plate
- Cast products
- Extrusion
- Others
-
Alloy type Outlook (Revenue, USD Billion; 2019-2032)
- Cast alloy
- Wrought alloy
-
Processing Outlook (Revenue, USD Billion, 2019-2032)
- Rolling
- Extrusion
- Drawn
- Casting
- Forging
- Others
The various regions analyzed in the report include:
- North America (US, Canada)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Aluminum Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter's Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Aluminum Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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