Global Aluminium Consumption Will Reach 55.04 Million Tonnes In 2015 That Will Be Worth $105.63 Bn

LONDON - Feb. 18, 2015 - PRLog -- LONDON, UK. 29^th January 2015: A new report by visiongain (http://www.visiongain.com/) predicts that the world market for aluminium will reach $105.63bn in 2015. This forecast and others appear in The Aluminium Market Analysis, Financials and Forecasting 2015-2025 published by visiongain, a leading business intelligence provider based in London, UK.

The purpose of that analysis is to give an overview of the current state of the aluminium market and predict where it is heading over the next ten years. This report also contains the analysis of the key drivers and restraints of the aluminium market as well as its potential opportunities and challenges.

The aluminium market has been very volatile over the past seven years. Due to massive overproduction of this metal, the market experienced large quantities of inventory present until now. Visiongain’s new investigation predicts a balanced aluminium market this year due to a number of industry-wide capacity curtailments and other factors.

Darja Potjakina, a materials industry analyst in visiongain, said: “For 2015, we forecast the global aluminium production to be 55.01 million tonnes, while consumption level to reach 55.04 million tonnes. This will result in a deficit of 0.03 million tonnes to the current aluminium supply/demand balance. Such deficit is necessary to cut the current level of aluminium inventories.

“In the long-term, we anticipate the prospects for aluminium to remain bright. The aluminium industry will greatly benefit from the growing global megatrends that will increase the consumption of aluminium in the near future. Massive production cuts will be another factor that will help stabilise the healthy growth of the aluminium market in the coming years, as oversupply has been a major restraint.

We anticipate the strongest growth in aluminium demand to come from the BRIC nations and Middle East region. We also expect the transportation and construction sectors to be the major contributors to growth in this market.”

This brand new 230 page report contains 223 tables, charts and graphs that add visual analysis in order to explain developing trends within the aluminium market. Visiongain provides global aluminium forecasts for the period 2015 to 2025 in terms of value (US$), consumption (mt) and production (mt). Additionally, 12 national and regional aluminium markets plus the rest of the world and 7 end-use submarkets are forecasted and analysed by visiongain over the period 2015 to 2025. The report also provides profiles of 9 leading companies operating within the market such as UC Rusal, Chalco, Rio Tinto, Alcoa, CPI, Xinfa Group, Norsk Hydro, BHP Billiton and etc. The report also includes 1 exclusive interview with major player in the aluminium market; Assan Alüminyum- providing expert insight alongside visiongain’s analysis.

The Aluminium Market Analysis, Financials and Forecasting 2015-2025 report will be of value to current and future potential investors into the aluminium sector, as well as companies and research centres who wish to broaden their knowledge of the aluminium market.

For sample pages and further information concerning the visiongain report The Aluminium Market Analysis, Financials and Forecasting 2015-2025 please visit https://www.visiongain.com/Report/1388/The-Aluminium-Mark... https://www.visiongain.com/Report/1388/The-Aluminium-Market-Analysis-Financials-and-Forecasting-2015-2025

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail tosara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100