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Aluminum market Poised to Expand at a Robust Pace by 2027 – PowerPoint PPT presentation

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1
Aluminum Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2026

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Aluminum Market - Snapshot
  • The global aluminum market displays a highly
    consolidated vendor landscape with a handful of
    large players holding key share, states
    Transparency Market Research (TMR) in a new
    market study. Due to high price sensitivity of
    aluminum alloys, price wars are seen among
    existing manufacturers. This, in turn intensifies
    competition among players in the aluminum
    market. 
  • Top players in the global aluminum market include
    Norsk Hydro ASA, Alcoa Corporation, Aluminum
    Corporation of China Limited, Emirates Global
    Aluminum PJSC, RUSAL, and Rio Tinto. 
  • According to findings of the TMR report, the
    global aluminum market is predicted to display a
    healthy 5.6 CAGR between 2018 and 2026, for the
    market to be worth US303.53 bn by 2026. The
    market stood at a valuation of US188.24 bn in
    2017. 

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4
Desire for Lightweight Automotive Components to
enhance Vehicle Efficiency spurs Growth 
  • Exponential growth of the automotive industry is
    a key factor driving the global aluminum market.
  • With a spurt of technological and mechanical
    advancements in automotive that requires
    light-weight body, the future of the aluminum
    industry is bright.
  • Players in the aluminum market are making efforts
    to develop lightweight aluminum alloys that
    fulfill these requirements. 
  • Aluminum alloys in automotive present other
    advantages too. Mechanically, resistance
    experienced by vehicles impacts fuel consumption
    and CO2 emissions.
  • As a rule of thumb, higher resistance results
    into greater thrust to move the vehicle resulting
    in increased CO2 emissions.

5
 Favorable Physical Properties of Aluminum pushes
Demand in Food Beverages 
  • Expansion of the consumer goods industry is
    providing impetus to the aluminum market.
    Aluminum is used in a number of packaging
    solutions such as beverage cans, aerosol sprays,
    food containers, tubes, and bottles.
  • In particular, the exponential growth of the food
    beverages industry is serving to boost the
    aluminum market. Aluminum is ideally suited for
    packaging solutions for food and beverages as it
    displays high strength, high durability, light
    weight, high recyclability, and resistance to
    moisture, gases, and light. 

6
Key players operating in the aluminum market 
  • Alcoa Corporation
  • Aluminum Corporation of China Limited (CHALCO)
  • Norsk Hydro ASA
  • RUSAL
  • Emirates Global Aluminium PJSC
  • RioTinto.

7
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