Asia-pacific Aluminum Market 2023-2030

Asia-pacific Aluminum Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report implies that the aluminum market in the Asia-Pacific will progress at a CAGR of 5.36% over the forecast period 2023-2030. Japan, India, ASEAN Countries, Australia & New Zealand, Taiwan, China, South Korea, and Rest of Asia-Pacific are scrutinized in the market within the region.

The rapid adoption of electric vehicles in China is expected to drive demand for aluminum from the transportation sector. Furthermore, the rising demand from the packaging sector is also expected to drive the market, which can be attributed to the shift away from glass and toward canned beers.

Furthermore, the installation of renewable energy in remote areas, as well as the subsequent implementation of power transmission projects, is anticipated to increase the demand for aluminum from the electrical sector.

Additionally, massive investments in construction and infrastructure development are also driving the market. Non-ferrous metals such as aluminum have been included in China’s 12th five-year plan as key industries that will be encouraged to form and consolidate large enterprises. These initiatives are expected to have a positive impact on the aluminum market’s growth.

Taiwan plays an important role in the global electronics supply chain and manufactures a variety of electronic goods. According to an Atradius article, the nation accounts for more than 8% of global electronics & computer production. The increased demand for chips and other IT products has greatly benefited the country.

During the forecast period, the country’s developing consumer electronics industry is expected to boost the market. The rise in the number of public infrastructure projects is also expected to drive the demand for aluminum, thus resulting in the Taiwanese market’s growth.

COMPETITIVE OUTLOOK

The acclaimed companies in the aluminum market include Aluminum Corporation of China Limited (Chalco), Alcoa Corporation, Emirates Global Aluminum PJSC, Century Aluminum Company, and RUSAL.


1. Asia-pacific Aluminum Market – Summary
2. Industry Outlook
2.1. Covid-19 Impact On The Aluminum Market
2.2. Market Maturity Analysis
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Industry Components
2.4.1. Raw Material Procurement
2.4.2. Aluminum Production
2.4.3. End-users
2.5. Key Buying Impact Analysis
2.5.1. Strength Of Product
2.5.2. Product Recyclability
2.5.3. Corrosion Resistance
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Mergers & Acquisitions
2.6.4. Business Divestitures & Expansions
2.7. Market Drivers
2.7.1. Rising Demand From Various End-use Industries
2.7.2. Substitution Of Stainless Steel With Aluminum By Automotive Manufacturers
2.7.3. Rising Adoption Of Electric Vehicles
2.8. Market Challenges
2.8.1. Strict Environmental Regulations By Authorities
2.8.2. Rising Cost Of Aluminum
2.9. Market Opportunities
2.9.1. Multiple Applications Of Aluminum In The Sustainable Energy Industry
2.9.2. Technological Advancements
2.9.3. Recyclability Of Aluminum Gaining Market Traction
2.9.4. Growing Penetration In The Consumer Electronics Industry
2.9.5. Rising Use Of Aluminum In The Transportation Industry
2.9.6. Growing Popularity Of Aluminum Foam
2.10. Analyst Perspective
3. Asia-pacific Aluminum Market – By Product
3.1. Alumina
3.2. Bauxite
3.3. Primary Aluminum
3.4. Other Products
4. Asia-pacific Aluminum Market – By Industry Vertical
4.1. Automotive & Transportation
4.2. Building & Construction
4.3. Electronics
4.4. Foil & Packaging
4.5. Other Industry Verticals
5. Asia-pacific Aluminum Market – Country Outlook
5.1. Country Analysis
5.1.1. China
5.1.1.1. China Aluminum Market Forecast & Prospects
5.1.2. Japan
5.1.2.1. Japan Aluminum Market Forecast & Prospects
5.1.3. India
5.1.3.1. India Aluminum Market Forecast & Prospects
5.1.4. South Korea
5.1.4.1. South Korea Aluminum Market Forecast & Prospects
5.1.5. Taiwan
5.1.5.1. Taiwan Aluminum Market Forecast & Prospects
5.1.6. Asean Countries
5.1.6.1. Asean Countries Aluminum Market Forecast & Prospects
5.1.7. Australia & New Zealand
5.1.7.1. Australia & New Zealand Aluminum Market Forecast & Prospects
5.1.8. Rest Of Asia-pacific
5.1.8.1. Rest Of Asia-pacific Aluminum Market Forecast & Prospects
6. Competitive Landscape
6.1. Rio Tinto
6.1.1. Overview
6.1.2. Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Aluminum Corporation Of China Limited (Chalco)
6.2.1. Overview
6.2.2. Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Rusal
6.3.1. Overview
6.3.2. Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. Alcoa Corporation
6.4.1. Overview
6.4.2. Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Norsk Hydro Asa
6.5.1. Overview
6.5.2. Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. Emirates Asia-pacific Aluminum Pjsc
6.6.1. Overview
6.6.2. Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. Novelis Inc
6.7.1. Overview
6.7.2. Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. Aluminum Bahrain Bsc (Alba)
6.8.1. Overview
6.8.2. Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. China Hongqiao Group Limited
6.9.1. Overview
6.9.2. Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Century Aluminum Company
6.10.1. Overview
6.10.2. Portfolio
6.10.3. Key Strengths
6.10.4. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: Asia-pacific Aluminum Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: List Of Collaborations
Table 3: List Of Product Launches
Table 4: List Of Mergers & Acquisitions
Table 5: List Of Business Divestitures & Expansions
Table 6: Asia-pacific Aluminum Market, By Product, 2023-2030 (In $ Million)
Table 7: Asia-pacific Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million)
Table 8: Asia-pacific Aluminum Market, By Country Outlook, 2023-2030 (In $ Million)
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Figure List
Figure 1: Industry Components
Figure 2: Key Buying Impact Analysis
Figure 3: Asia-pacific Aluminum Market, By Product, 2022 & 2030 (In %)
Figure 4: Asia-pacific Aluminum Market, By Alumina, 2023-2030 (In $ Million)
Figure 5: Asia-pacific Aluminum Market, By Bauxite, 2023-2030 (In $ Million)
Figure 6: Asia-pacific Aluminum Market, By Primary Aluminum, 2023-2030 (In $ Million)
Figure 7: Asia-pacific Aluminum Market, By Other Products, 2023-2030 (In $ Million)
Figure 8: Asia-pacific Aluminum Market, By Industry Vertical, 2022 & 2030 (In %)
Figure 9: Asia-pacific Aluminum Market, By Automotive & Transportation, 2023-2030 (In $ Million)
Figure 10: Asia-pacific Aluminum Market, By Building & Construction, 2023-2030 (In $ Million)
Figure 11: Asia-pacific Aluminum Market, By Electronics, 2023-2030 (In $ Million)
Figure 12: Asia-pacific Aluminum Market, By Foil & Packaging, 2023-2030 (In $ Million)
Figure 13: Asia-pacific Aluminum Market, By Other Industry Verticals, 2023-2030 (In $ Million)
Figure 14: Asia-pacific Aluminum Market, Country Outlook, 2022 & 2030 (In %)
Figure 15: China Aluminum Market 2023-2030 (In $ Million)
Figure 16: Japan Aluminum Market 2023-2030 (In $ Million)
Figure 17: India Aluminum Market 2023-2030 (In $ Million)
Figure 18: South Korea Aluminum Market 2023-2030 (In $ Million)
Figure 19: Taiwan Aluminum Market 2023-2030 (In $ Million)
Figure 20: Asean Countries Aluminum Market 2023-2030 (In $ Million)
Figure 21: Australia & New Zealand Aluminum Market 2023-2030 (In $ Million)
Figure 22: Rest Of Asia-pacific Aluminum Market 2023-2030 (In $ Million)

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