PUBLISHER: The Business Research Company | PRODUCT CODE: 1080030
PUBLISHER: The Business Research Company | PRODUCT CODE: 1080030
Alumina And Aluminum Production And Processing Market Global Report 2022 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global alumina and aluminum production and processing market as it emerges from the COVID-19 shut down.
Where is the largest and fastest growing market for the alumina and aluminum production and processing? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The Alumina And Aluminum Production And Processing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider alumina and aluminum production and processing market; and compares it with other markets.
Markets Covered: 1) By Type: Aluminum Product Manufacturing From Purchased Aluminum; Secondary Smelting and Alloying Of Aluminum; Alumina Refining and Primary Aluminum Production
2) By Application: Automotive; Manufacturing; Other Applications
Subsegments Covered: Sheet; Plate; Foil; Welded Tube; Aluminum Smelting; Aluminum Alloying; Alumina Refining; Aluminum Production
Companies Mentioned: Rio Tinto; Weiqiao/ Hongqiao Group; United Co RUSAL PLC.; Alcoa; Norsk Hydro
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Bangladesh; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Iran; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; Ukraine; USA; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; alumina and aluminum production and processing indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the alumina and aluminium production and processing market are Rio Tinto, Weiqiao/ Hongqiao Group, United Co RUSAL PLC, Alcoa, and Norsk Hydro.
The global alumina and aluminum production and processing market is expected to grow from $688.45 billion in 2021 to $788.58 billion in 2022 at a compound annual growth rate (CAGR) of 14.5%. The market is expected to grow to $1,107.63 billion in 2026 at a CAGR of 8.9%.
The alumina and aluminium production and processing market consist of sales of alumina and aluminium by entities (organizations, sole traders and partnerships) primarily engaged in alumina extraction primarily from bauxite ore, producing aluminium from alumina, recovering aluminium from scrap or dross, refining aluminium by any process, alloying purchased aluminium and rolling, drawing, casting, extruding and alloying aluminium and aluminium-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.
The main types of alumina and aluminium production and processing are aluminium product manufacturing from purchased aluminium, secondary smelting and alloying of aluminium, and alumina refining and primary aluminium production. Secondary smelting will utilize secondary resources to convert or recover lead metal. An aluminium alloy is a composition containing mainly aluminium to which other elements have been added. The alloy is made by combining the elements when aluminium is molten (liquid), which cools to form a homogeneous solid solution. The various applications involved automotive, manufacturing, and other applications.
The Asia Pacific was the largest region in the alumina and aluminium production and processing market in 2021. Western Europe was the second-largest region in the alumina and aluminium production and processing market. The regions covered in the alumina and aluminium production and processing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Aluminium manufacturers are producing customized aluminium alloys for automobile manufacturers to produce lightweight vehicles. The use of aluminium alloys in vehicles reduces carbon emissions Increases fuel economy and improves overall stability as aluminium alloys considerably reduce vehicle body weight. This is primarily driven by stringent emission regulations and growing pressure to improve the economy by many national and state governments. For instance, the US government's federal emission standards make it mandatory for automobile manufacturers to increase corporate average fuel economy (CAFE) to 54.5 mpg by 2025. This increase in CAFE is being achieved by increasing the aluminium content in the vehicle's body to reduce its weight by around 30%. In line with this trend, global automobile manufacturers are increasing the aluminium content in their vehicles.
The countries covered in the alumina and aluminium production and processing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam.