Authored By: Sarah
12 Jan 2022

Aluminum Market Growth Analysis | Alcoa Corp., Aluminum Corp. of China Ltd., China Hongqiao Group Ltd. are among key contributors

Competitive Benchmarking and Vendor Forecasts for 2020-2024

The aluminum market and it is expected to grow by 13.66 mn tons, accelerating at a CAGR of almost 3% during the forecast period. The market is fragmented. The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. Market players must distinguish their product and service offerings through a clear and unique value proposition in order to secure a substantial share of the market. This report will provide a detailed study of the key players with insights into their product portfolio and future pipeline. Alcoa Corp., Aluminum Corp. of China Ltd., China Hongqiao Group Ltd., Emirates Global Aluminium PJSC, Kaiser Aluminum Corp., National Aluminium Co. Ltd., Norsk Hydro ASA, Rio Tinto Ltd., United Company Rusal Plc, and Xinfa Group Co. Ltd. are some of the major participants in the market.


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Global Aluminum Market

Aluminum Market: Market Highlights

  • The Aluminum market is segmented by End-user (Transportation, Construction, Packaging, Electrical engineering, and Others), Geography (APAC, Europe, North America, MEA, and South America), and Market Landscape (primary aluminum and secondary aluminum).
  • APAC led the market with 74% of the market growth set to originate from this region during the forecast period.
  • Use of aluminum cans in beverage sector is one of the primary factors driving the growth of the aluminum market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report

Key Focus Areas in Our Reports:

  • Market segments
  • Comparison by Product
  • Filleting and skinning equipment - Market size and forecast 2020-2025
  • De-heading and gutting equipment - Market size and forecast 2020-2025
  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Alcoa Corp.
  • Aluminum Corp. of China Ltd.
  • China Hongqiao Group Ltd.
  • Emirates Global Aluminium PJSC
  • Kaiser Aluminum Corp.
  • National Aluminium Co. Ltd.
  • Norsk Hydro ASA
  • Rio Tinto Ltd.
  • United Company Rusal Plc
  • Xinfa Group Co. Ltd.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 3%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by 13.66 mn tons through 2020-2024.
     
  3. What is a key factor driving this market?
    use of aluminum cans in beverage sector will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    74% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alcoa Corp., Aluminum Corp. of China Ltd., China Hongqiao Group Ltd., Emirates Global Aluminium PJSC, Kaiser Aluminum Corp., National Aluminium Co. Ltd., Norsk Hydro ASA, Rio Tinto Ltd., United Company Rusal Plc, and Xinfa Group Co. Ltd.
     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Transportation, Construction, Packaging, Electrical engineering, and Others), Geography (APAC, Europe, North America, MEA, and South America), and Market Landscape (primary aluminum and secondary aluminum)
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