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Aluminum Alloys Market pdf report; Product analysis, Market Size, industry share by 2024

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Title: Aluminum Alloys Market pdf report; Product analysis, Market Size, industry share by 2024


1
Aluminum Alloys Market Report Product Analysis,
Size, Industry Share by 2024
_at_ 2016 Global Market Insight, Inc. USA. All
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2
  • Overview
  • Aluminum alloys market is expected to chart a
    lucrative growth map over the coming years,
    driven by the wide product applications across
    the electrical, transportation, machinery,
    construction, and packaging sectors
  • Escalating need for light weight alloys to
    improve the vehicle performance will help the
    industry players in expanding their product
    portfolio and exploring new business growth
    avenues.
  • Transportation sector, which contributed over 45
    of aluminum alloys industry share in 2016, is
    foreseen to display a CAGR of over 5.5 over the
    coming seven years. The high popularity of
    light-weight vehicles and aircrafts among the
    end-users will boost the product demand.

_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
3
  • Construction sector, which contributed over USD
    20 billion towards aluminum alloys market revenue
    in 2016, is predicted to produce a revenue of
    more than USD 35 billion by 2024. Favorable
    product features such as lightweight and
    resilience makes aluminum alloys more desirable
    across the construction sector.
  • Aluminum alloys industry has laid strong
    foundation bases across key geographies. For
    instance, Asia Pacific alloys market, which
    contributed over 60 of the overall industry size
    in 2016, is slated to record a CAGR of over 5.5
    during the period from 2017 to 2024.
  • Rapidly expanding construction and vehicle
    manufacturing sectors across the countries such
    as India, China, and Japan will favorably
    influence the business sphere. A heavy presence
    of automobile and aeronautical firms across
    countries such as Italy, Germany, France, and the
    UK will lucratively impact the growth curve of
    aluminum alloys industry in Europe.
  • Aluminum alloys can be categorized into cast and
    wrought alloys. Wrought alloys are expected to
    make major contributions toward global aluminum
    alloys market size over the years to come, owing
    to their lightweight characteristics and high
    tensile strength

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Rights Reserved www.fractovia.org
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Browse Full Research Report_at_ https//goo.gl/4PNiw
E
Request for a Sample of this Research report
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  • 360 Analysis
  • Heavy demand for producing mechanical components
    of a specific type through specialty engineering
    will have a major impact on the growth of cast
    aluminum alloys industry.
  • The wrought alloy is anticipated to gain a
    significant share of aluminum alloys market,
    owing to its light-weight and high tensile
    strength properties. Cast alloys on the other
    hand will pick up demand from specialty
    engineering and from specific requirement of
    mechanical parts. The ability of customization of
    cast alloys to provide desired characteristics
    pertaining to specific applications will propel
    the product demand.
  • Aluminum alloys market is highly competitive with
    major players contributing over 25 of the
    overall industry share in 2016.
  • UACJ Corporation, Rio Tinto Alcan Incorporation,
    Aleris International Incorporation, Norsk Hydro
    ASA, Kobe Steel Limited, Aluminium Bahrain B.S.C,
    Aleris International Incorporation, Magna
    International Incorporation, Kaiser Aluminum and
    Chemicals Corporation, IBC Advanced Alloys
    Corporation, Alcoa Corporation, and United
    Company RUSAL are the key industry participants.

_at_ 2016 Global Market Insight, Inc. USA. All
Rights Reserved www.fractovia.org
6
Competitive Trends
  • The notable industries in Aluminum alloys are
  • Alcoa
  • United Company RUSAL
  • Aluminium Bahrain
  • Dubai Aluminium Company
  • Aleris International
  • UACJ Corporation
  • Rio Tinto Alcan
  • IBC Advanced Alloys Corp.
  • Norsk Hydro

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