Aluminum is a widely commercialized modern metal, which is second-largest heavy metal used worldwide. The properties of aluminum is among the major advantage over other metals. Aluminum is lightweight, strong, heat conducting, non-toxic, non-combustible, ductile, joinable, reflective, and recyclable in nature. Aluminum is passed through rolls in order to produce flat rolled aluminum which has wide applications in various industries.
The demand for rolled aluminum is increasing rapidly due to its contribution towards safety of environment. In order to meet environmental concerns, aluminum is the choice of material by consumers in various end-use applications. Also, it is a complete solutions for reduction of overall weight of the machines, parts, and structures. Also, aluminum sheet, coil, and strip are considered as a sustainable solution for packaging.
The global rolled aluminum market is estimated to grow at a CAGR of xx.xx% in terms of value from 2017 to 2022. In terms of value the market recorded a consumption of USD xx.xx million/billion in 2016 and is expected to reach USD xx.xx million/billion by 2022 growing at a CAGR of xx.xx% in between 2017 to 2022. Asia Pacific recorded the highest consumption of rolled aluminum in 2016 and will continue to follow similar trend due to the increasing demand from developing economies such as China, and India.
The market has been segmented on basis of end-use industries such as transportation, construction, electrical, packaging, and others. Others includes consumer goods, machine & equipment, furniture, sports goods, PS plate, partition hardware, and accessories. Transportation industry held the largest share in 2016 owing to the diversified and necessary usage of rolled aluminum in various parts of automobile, ship, air crafts, and so on. On the basis of form, rolled aluminum market can be categorized as sheet, plate, foil, and strip. Asia-Pacific is expected to contribute the largest share due to increasing industrialization and demand from the end-use industries, and presence of emerging economies such as China, India, and South East Asian countries.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the leading players in the global rolled aluminum market has been covered in this report. The key companies in this market include Yieh Corp. (Taiwan), Aleris (US), Novelis Inc (US), Alcoa Inc. (US), UACJ (Japan), Norsk Hydro (Norway), Constellium N.V. (Netherlands), United Aluminum (US), Rio Tinto (U.K.), Garmco (Bahrain), Williamson (US), OARC LLC (Oman), American Douglas Metals (US), TriMet (US), and others.
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