The latest report pertaining to ‘North America Aluminum Market’ provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.
The North America Aluminum Market 2019 research provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The North America Aluminum Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The North America Aluminum Market was valued at xx million US$ in 2019 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
Aluminum is an electronegative metal, which has strong oxygen affinity. It is the second most malleable and sixth most ductile metal present on the planet. It is remarkably light having 2.7g/ccm density, possesses high degree of conductivity, is impervious to dust, and shows momentous strength when alloyed. It is used widely in pharmaceutical and food & packaging sectors, as it preserves food for prolonged times, is nontoxic in nature, and slows down growth of microorganisms.
Rise in requirement from emerging nations such as India & China and rise in employment of recycled aluminum goods all over world offers growth opportunities for the market expansion.
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North America Aluminum Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate North America Aluminum Market place for the forecast 2019– 2025.
Key Players in the North America Aluminum Market Report
The major players included in the North America Aluminum Market forecast are Aluminium Corporation of China Limited (CHALCO), Alcoa Corporation, China Power Investment Corp. (CPI), China Hongqiao Group Ltd., Emirates Aluminum PJSC, East Hope Group Company Limited, Rio Tinto Alcan Inc., Norsk Hydro ASA, Xinfa Group Co., Ltd., United Company RUSAL Plc., Ball Corporation, Aluminium Bahrain B.S.C, Century Aluminium Company, BHP Billiton Limited, Constellium N.V., Crown Holdings Incorporated, Hindalco Industries Ltd., Glencore International AG, JW Aluminum Company, Jindal Iron & Steel Company Limited, National Aluminum Company Limited, Kaiser Aluminum Corporation, Rexam plc, Orkla ASA, South32 Limited, Shandong Nanshan Aluminum Co., Ltd., Talco Aluminum Company, State Power Investment Corporation, Vedanta Resources Plc., and Vale SA.
Aluminum is good conductor of electricity and hence is employed regularly in electrical transmission lines. Moreover, it is employed as major propellant in space shuttle for solid rocket booster motor owing to its high volumetric energy density. Reflectivity, corrosion resistance, and recyclability are other features of Aluminum, which makes it a good choice for different industrial applications.
North America Aluminum Market is divided by processing method, end user, and geography. By end user, the market is divided into building & construction, transport, consumer goods, electrical engineering, machinery & equipment, foil & packaging, and others (aluminum air batteries and solar panel nanotechnology).
As per processing, the market is segmented into castings, flat rolled, forgings, extrusions, rod & bar, and pigments & powder. By series, the market is divided into series 1, series 2, series 3, series 4, series 5, series 6, series 7, and series 8. Regional breakdown and deep analysis of every abovementioned sections is comprised for Asia Pacific, Europe, North America, and LAMEA.
Aluminum Key Market Segments:
By End User Industry:
- Building & Construction
- Electrical Engineering
- Consumer Goods
- Foil & Packaging
- Machinery & Equipment
By Processing Method:
- Flat Rolled
- Pigments & Powder
- Rod & Bar
- Series 1
- Series 2
- Series 3
- Series 4
- Series 5
- Series 6
- Series 7
- Series 8
The Development Of The North America Aluminum Market Is Powered By Technological Advancements And Growth In The Transport Industry
The development of the North America Aluminum Market is powered by technological advancements in aluminum manufacturing processing tools & techs, growth in the transport industry, and rise in employment of aluminum in different segments such as foil & packaging and building & construction. Asia Pacific is the top region, in terms of development, owing to growth in income of people living in urban areas, massive urbanization, and rapid industrial growth.
Moreover, incessant advancements in transport sector and current R&D activities to design more effective, innovative, and affordable aluminum goods power the development of the market. On the other hand, fluctuations in costs of raw materials such as alumina and rise in competition from substitutes are some factors that hinder the North America Aluminum Market development. Rise in requirement from emerging nations such as India & China and rise in employment of recycled aluminum goods all over world offers growth opportunities for the market expansion. Reducing energy needs is one of the major hurdles faced by North America Aluminum Market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
China Accounted For The Uppermost Share Of North America Aluminum Market In The Asia Pacific North America Aluminum Market Due To Industrial Development And Massive Urbanization
China accounted for the uppermost share of North America Aluminum Market in the Asia Pacific North America Aluminum Market due to industrial development and massive urbanization. Capacity expansions, new product developments, and acquisitions are the major tactics employed by the Chinese makers to grow their market share.
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Table Of Content:
1. North America Aluminum Market – Overview
1.1 Definitions and Scope
2. North America Aluminum Market – Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. North America Aluminum Market
3.1 Comparative analysis
3.1.1 Product Benchmarking – Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis – Top 10 companies
3.1.5 Pricing Analysis
4. North America Aluminum Market – Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. North America Aluminum Market – Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
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