Middle East And Africa Aluminum Market 2023-2030

Middle East And Africa Aluminum Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report depicts that the aluminum market in the Middle East and Africa is likely to progress with a CAGR of 4.38% over the forecast years from 2023 to 2030. South Africa, Saudi Arabia, Turkey, the United Arab Emirates, and Rest of Middle East & Africa are assessed in the market in this region.

The South African automotive industry is involved in the production, distribution, and maintenance & servicing of automobiles and parts. The country’s demand for automotive aftermarket specialty equipment and accessories has increased rapidly. In 2013, the export-oriented Motor Industry Development Program was replaced by the Automotive Production Development Program (APDP).

The goal of the APDP has been to encourage local production of automotive components while providing incentives for OEMs to manufacture light commercial vehicles and passenger cars in the country for the local market and export. Such policies are expected to boost the country’s automotive industry. This will drive the demand for aluminum, thus leading to the market’s growth.

Turkey is a global hub for production, export, and engineering for brands operating in international markets. The country’s automotive industry employs over 500,000 people, according to data from the International Trade Administration (ITA). Automotive manufacturers like Ford have their manufacturing facilities in Turkey and are increasingly investing in electric vehicle (EV) production. All the above-mentioned factors are anticipated to fuel the aluminum market’s growth in the country over the forecast period.

COMPETITIVE OUTLOOK

The distinguished players in the aluminum market comprise RUSAL, Norsk Hydro ASA, Emirates Global Aluminum PJSC, Novelis Inc, and Alcoa Corporation.


1. Middle East And Africa 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. Middle East And Africa Aluminum Market – By Product
3.1. Alumina
3.2. Bauxite
3.3. Primary Aluminum
3.4. Other Products
4. Middle East And Africa 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. Middle East And Africa Aluminum Market – Country Outlook
5.1. Country Analysis
5.1.1. United Arab Emirates
5.1.1.1. United Arab Emirates Aluminum Market Forecast & Prospects
5.1.2. Turkey
5.1.2.1. Turkey Aluminum Market Forecast & Prospects
5.1.3. Saudi Arabia
5.1.3.1. Saudi Arabia Aluminum Market Forecast & Prospects
5.1.4. South Africa
5.1.4.1. South Africa Aluminum Market Forecast & Prospects
5.1.5. Rest Of Middle East & Africa
5.1.5.1. Rest Of Middle East & Africa 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 Middle East And Africa 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: Middle East And Africa 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: Middle East And Africa Aluminum Market, By Product, 2023-2030 (In $ Million)
Table 7: Middle East And Africa Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million)
Table 8: Middle East And Africa Aluminum Market, By Country Outlook, 2023-2030 (In $ Million)
Figure List
Figure 1: Industry Components
Figure 2: Key Buying Impact Analysis
Figure 3: Middle East And Africa Aluminum Market, By Product, 2022 & 2030 (In %)
Figure 4: Middle East And Africa Aluminum Market, By Alumina, 2023-2030 (In $ Million)
Figure 5: Middle East And Africa Aluminum Market, By Bauxite, 2023-2030 (In $ Million)
Figure 6: Middle East And Africa Aluminum Market, By Primary Aluminum, 2023-2030 (In $ Million)
Figure 7: Middle East And Africa Aluminum Market, By Other Products, 2023-2030 (In $ Million)
Figure 8: Middle East And Africa Aluminum Market, By Industry Vertical, 2022 & 2030 (In %)
Figure 9: Middle East And Africa Aluminum Market, By Automotive & Transportation, 2023-2030 (In $ Million)
Figure 10: Middle East And Africa Aluminum Market, By Building & Construction, 2023-2030 (In $ Million)
Figure 11: Middle East And Africa Aluminum Market, By Electronics, 2023-2030 (In $ Million)
Figure 12: Middle East And Africa Aluminum Market, By Foil & Packaging, 2023-2030 (In $ Million)
Figure 13: Middle East And Africa Aluminum Market, By Other Industry Verticals , 2023-2030 (In $ Million)
Figure 14: Middle East And Africa Aluminum Market, Country Outlook, 2022 & 2030 (In %)
Figure 15: United Arab Emirates Aluminum Market 2023-2030 (In $ Million)
Figure 16: Turkey Aluminum Market 2023-2030 (In $ Million)
Figure 17: Saudi Arabia Aluminum Market 2023-2030 (In $ Million)
Figure 18: South Africa Aluminum Market 2023-2030 (In $ Million)
Figure 19: Rest Of Middle East & Africa Aluminum Market 2023-2030 (In $ Million)

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