The Global Market for Aluminum (2019-2023): Key Players are Aluminum Corporation of China, China Hongqiao Group, Emirates Global Aluminium, Rio Tinto, RUSAL, and Xinfa Group - ResearchAndMarkets.com

The "Global Aluminum Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The aluminum market will register a CAGR of almost 5% by 2023.

Aluminum is widely used in EVs to reduce their weight and lower the energy required to operate them. Aluminum finds application in various parts of a vehicle, including the chassis: body: and wheels. It is also used in compartments that hold electric batteries in EVs. The thermal transferring capacity of aluminum helps in regulating the temperature around the battery modules in extreme conditions such as hot or cold weather.

EVs are gradually emerging as the future of the automotive industry. The growth of the global electric vehicle market is expected to boost demand for aluminum during the forecast period. Therefore. the growth of the electric car market is expected to immensely benefit the global aluminum market during the forecast period.

Increasing demand for aluminum cans in the beverage industry

The increasing application of aluminum cans in the beverage industry is expected to drive the global aluminum market during the forecast period. Aluminum cans are used in energy drinks, sodas, sparkling waters, and beers. Aluminum cans are widely used in the food and beverages industry as they are lightweight and recyclable.

Presence of alternatives in diverse applications of aluminum

The easy availability of several substitutes for aluminum is another major challenge confronting the global aluminum market. These substitutes are widely used in the packaging: transportation, construction, and electrical and electronic industries among others. Glass, paper, and plastic are some of the materials that can substitute aluminum in the packaging industry.

Competitive Landscape

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

• Aluminum Corporation of China
• China Hongqiao Group
• Emirates Global Aluminium
• Rio Tinto
• RUSAL
• Xinfa Group

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry

PART 06: MARKET SEGMENTATION BY END-USER

• Comparison by end-user
• Transportation - Market size and forecast 2018-2023
• Construction - Market size and forecast 2018-2023
• Packaging - Market size and forecast 2018-2023
• Electrical engineering - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCTION PROCESS

• Comparison by production process
• Primary aluminum - Market size and forecast 2018-2023
• Secondary aluminum - Market size and forecast 2018-2023
• Market opportunity by production process

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

• Increasing use of lightweight materials in various end-user industries
• Development of green buildings
• Rise in the significance of secondary aluminum

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Aluminum Corporation of China
• China Hongqiao Group
• Emirates Global Aluminium
• Rio Tinto
• RUSAL
• Xinfa Group

For more information about this report visit https://www.researchandmarkets.com/research/j5lhrs/the_global_market?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190221005465/en/