Aluminium Market 2021-26: Size, Share, Price, Trends and Research Report

The global aluminium market exhibited moderate growth during 2015-2020 expects the market to grow at a CAGR of around 5% during 2021-2026.
 
NEW YORK - Jan. 4, 2022 - PRLog -- Aluminum (Al) refers to a silver-white metallic chemical element. It is durable, malleable, strong, resistant to corrosion and oxidation, lightweight, flexible, etc. Aluminum has high reflectivity and excellent electrical and thermal conductivity. It forms compounds with other chemical elements easily, thereby making it popular for use in various applications. Aluminum is widely utilized in cans, foils, electronic components, airplane parts, kitchen utensils, window frames, etc.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Aluminium Market Trends:

The increasing usage of aluminum in different end-use industries, such as construction, packaging, automotive, etc., across the globe, is primarily driving the aluminum market. Moreover, as aluminum is extensively utilized in the manufacturing of disposable cans, the escalating demand for ready-to-eat (RTE) food items and beverages is further augmenting the market growth. Additionally, aluminum finds wide applications in pharmaceutical packaging as it creates a barrier against contamination from moisture, light, air, etc., ensuring a long shelf life for the product.

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Aluminium Market 2021-2026 Analysis and Segmentation:

The report has segmented the market on the basis on series, processing method and end use industry.

Breakup by Series:
  • Series 1
  • Series 2
  • Series 3
  • Series 4
  • Series 5
  • Series 6
  • Series 7
  • Series 8

Breakup by Processing Method:
  • Flat Rolled
  • Castings
  • Extrusions
  • Forgings
  • Pigments and Powder
  • Rod and Bar

Breakup by End Use Industry:
  • Transport
  • Building and Construction
  • Electrical Engineering
  • Consumer Goods
  • Foil and Packaging
  • Machinery and Equipment
  • Others

Breakup by Region:
  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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