Aluminum Alloys Market, By End User, By Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Aluminum alloys are metals in which Aluminum is the dominant material. Aluminum was the most commonly used metal in the world for the construction of ships, tanks, weapons, airplanes, and airplanes in earlier times. The alloys that are made today are much stronger and lightweight than the original ones as compared to past these are used in a wide range of industries, as these are highly reliable and economical. Aluminum alloys are mainly used for making frames, motors, exhaust systems, and others. Aluminum is also used in making hot-spray heaters, and in manufacturing of various types of food products.
Market Dynamics
Growing construction industry due to rapid urbanization and increasing population that require shelters is expected to offer new market opportunities. Aluminum alloys are broadly used across the construction industry for producing different materials such as door, window, panel, and others due to their lightweight and high strength property. Moreover, increasing adoption of advanced construction materials in the industry is further expected to drive the market growth.
Increasing various manufacturing industries around the globe is projected to offer major market opportunities. Increasing production of Aluminum is another major factor that is expected to drive the market growth of the Aluminum alloy. According to the Aluminum 13th World Trade Fair & Conference, in 2021, around 63.2 million tons of Aluminum were produced worldwide in 2020.
As a result of the high cost of production and the availability of various low-cost equivalent products, it is anticipated that aluminum alloy utilization will be restricted. One of the frequently used aluminum substitutes that is also used in a range of industries is steel. This factor is anticipated to restrict market growth and present a barrier to the rate of aluminum alloy market expansion.
Key features of the study:
This report provides an in-depth analysis of the global Aluminum alloys market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global Aluminum alloys market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include United Company RUSAL Plc, Alcoa Inc., and Aluminum Corp. of China Ltd., Kaiser Aluminum Corporation, Norsk Hydro ASA, Dubai Aluminum Co., Constellium, Kobe Steel, Ltd., and Aluminum Bahrain B.S.C.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
Global Aluminum alloys market report caters to various stakeholders in this industry including investors, suppliers, Aluminum alloys manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global Aluminum alloys market
Detailed Segmentation:
Global Aluminum Alloys Market, By End User:
Transportation
Construction
Packaging
Machinery
Electrical
Others (including consumer goods, etc.)
Global Aluminum Alloys Market, By Region:
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Europe
U.K.
France
Germany
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Middle East
Africa
Company Profiles:
RUSAL Plc
Alcoa Inc
Aluminum Corp. of China Ltd
Kaiser Aluminum Corporation
Norsk Hydro ASA, Dubai Aluminum Co.
Constellium
Kobe Steel,Ltd
Aluminum Bahrain B.S.C.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Aluminum Alloys Market- Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Aluminum Alloys Market – COVID-19
Impact Analysis
5. Global Aluminum Alloys Market, By End User, 2023 -2030, (US$ Billion)
Introduction
Market Share Analysis, 2023, 2025, and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
Packaging
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
Machinery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
Electrical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
Others (including consumer goods, etc.)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Billion)
6. Global Aluminum Alloys Market, By Region, 2023-2030 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2023, 2025, and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2023 - 2030
North America
Market Share Analysis, By Country, 2023, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
Market Size and Forecast, By End User, 2023- 2030 (US$ Billion)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2023, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
Market Size and Forecast, By End User, 2023- 2030 (US$ Billion)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2023, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
Market Size and Forecast, By End User, 2023- 2030 (US$ Billion)
Countries
France
Germany
Italy
Spain
U.K.
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2023, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
Market Size and Forecast, By End User, 2023- 2030 (US$ Billion)
Countries
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2023, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2023 – 2030
Market Size and Forecast, By End User, 2023- 2030 (US$ Billion)
Countries
Middle East
Africa
7. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
United Company RUSAL Plc.
Company Overview
Product Portfolio
Recent Developments/Updates
Alcoa Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
Aluminum Corp. of China Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
Kaiser Aluminum Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
Norsk Hydro ASA
Company Overview
Product Portfolio
Recent Developments/Updates
Dubai Aluminum Co.
Company Overview
Product Portfolio
Recent Developments/Updates
Constellium
Company Overview
Product Portfolio
Recent Developments/Updates
Kobe Steel, Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
Aluminum Bahrain B.S.C.
Company Overview
Product Portfolio
Recent Developments/Updates
8. Section
References
Research Methodology
About Us and Sales Contact
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