Growth in Transport Industry Anticipated to Drive Aluminum Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Aluminum is one of the key metal with the properties of being a lightweight, nonmagnetic, soft, and ductile metal. It is widely used in applications associated to food & packaging and pharmaceutical industries. It is a nontoxic metal, preserving food for the longer duration, inhibiting microorganism’s growth. Aluminum is also a good conductor of electricity and also used widely in electrical transmission lines. Moreover, it is also used as a propellant for the solid rocket booster motor in a space shuttle owing to high volumetric energy density. The corrosion resistance, reflectivity, and recyclability are some of the other characteristics of Aluminum, making it a favorable choice for various industrial applications. According to study, “Aluminum Market by End User (Transport, Building & Construction, Electrical Engineering, Consumer Goods, Foil & Packaging, Machinery & Equipment, and Others), Processing Method (Flat Rolled, Castings, Extrusions, Forgings, Pigments & Powder, and Rod & Bar) and Series (Series 1, Series 2, Series 3, Series 4, Series 5, Series 6, Series 7 and Series 8) – Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global aluminum market are Alcoa Corporation, China Hongqiao Group Ltd., Aluminium Corporation of China Limited (CHALCO), China Power Investment Corp. (CPI), Emirates Global Aluminum PJSC, East Hope Group Company Limited, Norsk Hydro ASA, United Company RUSAL Plc. Rio Tinto Alcan Inc., and Xinfa Group Co., Ltd. Based on product type, aluminum market is segmented into primary aluminum and secondary aluminum. Based on processing method, market is segmented into extrusions, castings, flat rolled, pigments & powder, forgings and rod & bar. Based on series type, market is segmented into series 1, series 2, series 3, series 4, series 5, series 6, series 7 and series 8. In addition, based on end-user, market is segmented into transportation, machinery & equipment, electrical engineering, building & construction, consumer goods, foil & packaging, and others. The transportation segment dominated the market owing to growth in automotive production driven by rapid urbanization coupled with increase in per capita disposable income. The building & construction segment is anticipated to exhibit substantial growth rate due to increase in residential construction activity across the US, India, Indonesia, China, and several countries in Europe during the forecast period. The aluminum market is driven by growth in technological advancements, followed by increase in increasing applications across various end user industries and growth in transportation industry. However, increase in competition from substitutes and fluctuating prices of raw materials may impact the market. Moreover, increase in use of recycled aluminum products and rise in demand from emerging economies are key opportunities for market. Based on geography, the Asian-Pacific region holds major share in aluminum market owing to significant investments in construction & infrastructural development and growth in automotive industry in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to increase in shifting trend in the food & beverage industry towards packaged food over the forecast period. The global aluminum market was valued at US $147.2 billion in 2018, and is likely to reach US $189.8 billion by 2026, growing at a CAGR of 3.2% from 2019-2026. For More Information, Click on the Link Below:- Global Aluminum Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Aluminum is one of the key metal with the properties of being a lightweight, nonmagnetic, soft, and ductile metal. It is widely used in applications associated to food & packaging and pharmaceutical industries. It is a nontoxic metal, preserving food for the longer duration, inhibiting microorganism’s growth. Aluminum is also a good conductor of electricity and also used widely in electrical transmission lines. Moreover, it is also used as a propellant for the solid rocket booster motor in a space shuttle owing to high volumetric energy density. The corrosion resistance, reflectivity, and recyclability are some of the other characteristics of Aluminum, making it a favorable choice for various industrial applications. According to study, “Aluminum Market by End User (Transport, Building & Construction, Electrical Engineering, Consumer Goods, Foil & Packaging, Machinery & Equipment, and Others), Processing Method (Flat Rolled, Castings, Extrusions, Forgings, Pigments & Powder, and Rod & Bar) and Series (Series 1, Series 2, Series 3, Series 4, Series 5, Series 6, Series 7 and Series 8) – Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global aluminum market are Alcoa Corporation, China Hongqiao Group Ltd., Aluminium Corporation of China Limited (CHALCO), China Power Investment Corp. (CPI), Emirates Global Aluminum PJSC, East Hope Group Company Limited, Norsk Hydro ASA, United Company RUSAL Plc. Rio Tinto Alcan Inc., and Xinfa Group Co., Ltd. Based on product type, aluminum market is segmented into primary aluminum and secondary aluminum. Based on processing method, market is segmented into extrusions, castings, flat rolled, pigments & powder, forgings and rod & bar. Based on series type, market is segmented into series 1, series 2, series 3, series 4, series 5, series 6, series 7 and series 8. In addition, based on end-user, market is segmented into transportation, machinery & equipment, electrical engineering, building & construction, consumer goods, foil & packaging, and others. The transportation segment dominated the market owing to growth in automotive production driven by rapid urbanization coupled with increase in per capita disposable income. The building & construction segment is anticipated to exhibit substantial growth rate due to increase in residential construction activity across the US, India, Indonesia, China, and several countries in Europe during the forecast period. The aluminum market is driven by growth in technological advancements, followed by increase in increasing applications across various end user industries and growth in transportation industry. However, increase in competition from substitutes and fluctuating prices of raw materials may impact the market. Moreover, increase in use of recycled aluminum products and rise in demand from emerging economies are key opportunities for market. Based on geography, the Asian-Pacific region holds major share in aluminum market owing to significant investments in construction & infrastructural development and growth in automotive industry in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to increase in shifting trend in the food & beverage industry towards packaged food over the forecast period. The global aluminum market was valued at US $147.2 billion in 2018, and is likely to reach US $189.8 billion by 2026, growing at a CAGR of 3.2% from 2019-2026. For More Information, Click on the Link Below:- Global Aluminum Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Alcoa Corporation Aluminum Market Revenue, China Aluminum Market, China Hongqiao Group Ltd Aluminum Market Revenue, Emirates Global Aluminum PJSC Aluminum Market Share, Global Aluminum Foil Market, Global Aluminum Industry, Global Aluminum Industry Research Report, Global Aluminum Market, Global Aluminum Market Analysis, Global Aluminum Market Dynamics, Global Aluminum Market Forecast, Global Aluminum Market Growth, Global Aluminum Market Opportunities, Global Aluminum Market Outlook, Global Aluminum Market Overview, Global Aluminum Market Research Report, Global Aluminum Market Share, Global Aluminum Market Trends, India Aluminum Market, Japan Aluminum Market, Norsk Hydro ASA Aluminum Market Share, US Aluminum Market