Aluminum Market
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Global <strong>Aluminum</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2014-2020<br />
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Report Description<br />
<strong>Aluminum</strong> is one of the most abundant metals found in the earth’s crust. <strong>Aluminum</strong>’s<br />
properties such as low metal density and its ability to resist corrosion make it the most<br />
favorable metal among the end-users. It is silvery white in color and be molded into very<br />
thin sheets having high strength and durability. <strong>Aluminum</strong> finds its application across<br />
many industries such as transportation, construction, packaging, consumer durables,<br />
electrical, machinery and equipment among others.<br />
One of the key factors that contributes to the growth of aluminum market is the growing<br />
automobile industry. Increase in demand for light weight and fuel efficient vehicles is<br />
expected to boost the demand of aluminum in the automobile industry. On a global level,<br />
in the aluminum market China is the leading producer of aluminum followed by Russia<br />
and Canada. The aluminum market has witnessed an overall increase in the production<br />
capacity by the major producers across the world. High degree of vertical integration is<br />
another major trend witnessed in the aluminum market. Major aluminum manufacturers<br />
in the aluminum market are integrating their value chain in order to gain a significant<br />
control over the supply chain and offer the product to customers at reduced costs,<br />
thereby, increasing their market penetration. <strong>Aluminum</strong> market exhibits high degree of<br />
upstream as well as downstream integration. However, aluminum prices have witnessed<br />
an all time low over the recent past owing to oversupply in the aluminum market.<br />
Volatility of raw material prices of aluminum coupled with stringent government<br />
regulations is expected to restrain the growth of the market. Many efforts are carried out<br />
by the
Report Description<br />
vendors in order to comply with the regulations vendors which further leads to higher<br />
operating and manufacturing cost of aluminum.<br />
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Key participants in the aluminum market include Vedanta Resources plc, Dubai <strong>Aluminum</strong><br />
Co. Ltd., <strong>Aluminum</strong> Corp. of China Ltd., Norsk Hydro ASA, BHP Billiton Ltd. and United Co.<br />
RUSAL among others.<br />
The research report presents a comprehensive assessment of the aluminium market and<br />
contains thoughtful insights, facts, historical data, and statistically supported and<br />
industry-validated market data. It also contains projections using a suitable set of<br />
assumptions and methodologies. The research report provides analysis and information<br />
according to categories such as market segments, geographies, types, technology and<br />
applications.<br />
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