Europe Aluminum Market Forecast 2022-2030KEY FINDINGS
The Europe aluminum market is estimated to develop with a CAGR of 4.49% during the forecasting period of 2022 to 2030. Some of the top drivers propelling the growth of the regional market include the rising demand for commercial as well as passenger vehicles and the expanding packaging industry due to the rising demand for ready-to-eat and frozen foods, and changing customer preferences.
MARKET INSIGHTS
The Europe aluminum market growth evaluation covers the study of the United Kingdom, Spain, the Netherlands, Poland, Germany, France, Italy, Norway, and Rest of Europe. The rapidly expanding construction sector in France is anticipated to bolster the demand for aluminum. Aligning with this, some of the key construction projects in the nation include a 42-story triangular office building aimed at catering to the surging demand for office and hotel and facilities, the development of a waste sorting plant in Auvergne-Rhone-Alpes, as well as the construction of Nantes New CHU Hospital Development, among various others.
In addition, France is also set to fuel the adoption of electric vehicles through the introduction of relevant schemes, such as the electric vehicle subsidy program, in order to facilitate the sale of electric vehicles. Subsequently, the rising adoption of electric vehicles in France, combined with government initiatives towards fueling the use of electric vehicles, is expected to increase the demand for aluminum over the upcoming years. Therefore, the abovementioned factors are set to accelerate the growth of the Europe aluminum market during the forecast period.
COMPETITIVE INSIGHTS
Some of the main enterprises operating in the market are United Company Rusal Plc, Rio Tinto London, Norsk Hydro ASA, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Growing Demand From End-users
- 3.1.2. Rising Substitution Of Stainless Steel With Aluminum By Automotive Manufacturers
- 3.1.3. Increasing Electric Vehicles Production
- 3.2. Key Restraints
- 3.2.1. Stringent Environmental Regulations
- 3.2.2. Rising Prices Of Aluminum
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Aluminum Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 4.6.1. Raw Material Procurement
- 4.6.2. Aluminum Production
- 4.6.3. End-user
- 4.7. Key Buying Criteria
- 4.7.1. Strength
- 4.7.2. Recyclability
- 4.7.3. Corrosion Resistance
- 4.8. Regulatory Framework
- 5. Market By Product Type
- 5.1. Primary Aluminum
- 5.2. Alumina
- 5.3. Bauxite
- 5.4. Other Products (Flat Rolled And Extrusions)
- 6. Market By End-user
- 6.1. Building And Construction
- 6.2. Automotive & Transportation
- 6.3. Electronics
- 6.4. Foil & Packaging
- 6.5. Other End-users
- 7. Geographical Analysis
- 7.1. Europe
- 7.1.1. Market Size & Estimates
- 7.1.2. Key Growth Enablers
- 7.1.3. Key Challenges
- 7.1.4. Key Players
- 7.1.5. Country Analysis
- 7.1.5.1. United Kingdom
- 7.1.5.2. Germany
- 7.1.5.3. France
- 7.1.5.4. Italy
- 7.1.5.5. Spain
- 7.1.5.6. Netherlands
- 7.1.5.7. Poland
- 7.1.5.8. Norway
- 7.1.5.9. Rest Of Europe
- 8. Competitive Landscape
- 8.1. Key Strategic Developments
- 8.1.1. Mergers & Acquisitions
- 8.1.2. Product Launches & Developments
- 8.1.3. Partnerships & Agreements
- 8.1.4. Business Expansions & Divestitures
- 8.2. Company Profiles
- 8.2.1. Alcoa Corporation
- 8.2.2. Aluminum Bahrain Bsc (Alba)
- 8.2.3. Aluminum Corporation Of China Ltd (Chalco)
- 8.2.4. Century Aluminum Company
- 8.2.5. China Hongqiao Group Limited
- 8.2.6. China Zhongwang Holdings Limted
- 8.2.7. Constellium Se
- 8.2.8. Emirates Global Aluminum Pjsc
- 8.2.9. Hindalco Industries Ltd
- 8.2.10. Norsk Hydro Asa
- 8.2.11. Novelis Inc
- 8.2.12. Reliance Steel & Aluminum Co
- 8.2.13. Rio Tinto
- 8.2.14. Uacj Corporation
- 8.2.15. United Company Rusal Plc
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