Alumina And Aluminum Production And Processing Market Global Briefing 2018

Starting Price : $ 1000.00 | Pages : 36 | Published : January 2018

SKU CODE : 2721 | Format :

The alumina and aluminum production and processing industry include establishments mainly involved in alumina extraction primarily from bauxite ore, producing aluminum from alumina, recovering aluminum from scrap or dross, refining aluminum by any process, alloying purchased aluminum and rolling, drawing, casting, extruding and alloying aluminum and aluminum-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire. The global alumina and aluminum production and processing market is expected to reach around $285 billion in 2020. Going forward the market is expected to grow at a higher pace than the historic period due to increasing demand from emerging markets development of new end-use markets and increased usage of aluminum in light vehicle manufacturing.

Asia Pacific was the largest region in the alumina and aluminum production and processing market in 2017, accounting for around 40% market share. North America was the second largest region accounting foraround 21% market share. Eastern Europe was the smallest largest region accounting for around 1% market share.

Aluminum manufacturers are producing customized aluminum alloys for automobile manufacturers to produce light weigh vehicles. The use of aluminum alloys in vehicles reduces carbon emissions, increases fuel economy and improves overall stability as aluminum alloys considerably reduces vehicle body weight.  This is primarily driven by stringent emission regulations and growing pressure to improve economy by many national and state governments.
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