Global Aluminium Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Aluminium or aluminum is a chemical element with symbol Al and atomic number 13. It is a silvery-white, soft, nonmagnetic and ductile metal in the boron group. By mass, aluminium makes up about 8% of the Earth's crust; it is the third most abundant element after oxygen and silicon and the most abundant metal in the crust, though it is less common in the mantle below. The chief ore of aluminium is bauxite. Aluminium metal is so chemically reactive that native specimens are rare and limited to extreme reducing environments. Instead, it is found combined in over 270 different minerals. Aluminium is remarkable for its low density and its ability to resist corrosion through the phenomenon of passivation. Aluminium and its alloys are vital to the aerospace industry and important in transportation and building industries, such as building facades and window frames. The oxides and sulfates are the most useful compounds of aluminium. The Aluminium market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Aluminium market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Aluminium Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Aluminium market are: Rio Tinto Norsk Hydro EGA Alcoa Alba Yinhai Aluminum Glencore Kumz Wanji Henan Haihuang Chalco Noranda Aluminum Jiangyin Tianyang Metal Aluar Matalco Rusal SNTO Xinfa Group Most important types of Aluminium products covered in this report are: Aluminum billets series 1000 Aluminum billets series 3000 Aluminum billets series 6000 Others Most widely used downstream fields of Aluminium market covered in this report are: Transportation Industry Packaging Industry Construction Industry Electronics Industry Others Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.