GCC Aluminium Market

GCC Aluminium Market

The Gulf Corporation Council (GCC) aluminium market is well-poised to witness a surge in demand, which is illustrated in the report with several examples, such as that of high-rise towers that are either under construction or in the planning stages. While unique characteristics of aluminium such as being light in weight, highly durable, and resistant to rust make it a preferred use of material, its ability to be remelted, recycled, and casted into various end products also results in wastage reduction. Using a bottom-up approach, a total market size for 2023, has been extrapolated by considering the production capacities of local aluminium smelters, LME aluminium price trends, and product applications across construction, automotive, transportation, aviation, and other industries. The GCC market size calculation does not account for non-GCC and global imports of aluminium products.

Along with insights on the GCC aluminium market potential, the report provides an overview of the economic landscape across GCC countries and assesses the impact macro-economic factors such as interest rates, inflation, and monetary policies can have on overall market sentiment. The report also delves into the aluminium value chain and provides an understanding of market characteristics leveraging PESTLE (Political, Economic, Social, Technology, Legal, and Environmental) analysis and Porter’s 5 forces.

The strategic development section of the report highlights companies involved in partnerships & collaborations, launch of new facilities, and expansion strategies. The 74-page report includes a competitive landscape section which provides an overview of the companies covered and their product offerings. The total revenue of companies and its split by product/segment/geography has also been provided, where available. Moreover, the report discloses export-import trade values of various aluminium inputs and commodities.

Competitive Landscape (Companies Covered)

• Aluminium Bahrain
• Emirates Global Aluminium
• Ma’aden
• Quatalum
• Sohar Aluminium
• ALTCO
• Emirates Coast Aluminium Factory (L.L.C)
• Gulf Aluminium
• Oman Aluminium Rolling Company (OARC)
• ARCAL WLL