Global Alumina and Aluminum Production and Processing Market Research Report: 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 Asia Pacific was the largest region in the global alumina and aluminum production and processing market, accounting for 70% of the market in 2019. Western Europe was the second largest region accounting for 10% of the global alumina and aluminum production and processing market. South America was the smallest region in the global alumina and aluminum production and processing market. 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. For instance, the US government’s federal emission standards, makes it mandatory for automobile manufacturers to increase corporate average fuel economy (CAFE) from 35.5 miles per gallon (mpg) in 2016 to 54.5 mpg by 2025. This increase in CAFE is being achieved by increasing the aluminum content in the vehicle’s body to reduce its weight by around 30%. In line with this trend, global automobile manufacturers are increasing the aluminum content in their vehicles. For instance, in 2015, automobile manufacturer Ford launched its all-aluminum body F-150 mini truck which was 700 pounds lighter than the vehicle’s earlier version. Similarly, automobile manufacturer Cadillac uses a mix of steel and aluminum for its CT6 luxury cars launched in 2015. The alumina and aluminum production and processing market consists of sales of alumina and aluminum by entities (organizations, sole traders and partnerships) primarily engaged 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 decline from USD 810.9 billion in 2019 to USD 718.2 billion in 2020 at a compound annual growth rate (CAGR) of -11.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach USD 932.4 billion in 2023. For More Information, Click on the Link Below:- Global Alumina and Aluminum Production and Processing Market Related Reports:- Alumina and Aluminum Production and Processing Global Market Forecast To 2022 Alumina and Aluminum Production and Processing Global Market Report 2019 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 2 Tags: Alcoa Alumina and Aluminum Production and Processing Market Size, Alumina And Aluminum Production And Processing Market, Alumina and Aluminum Production and Processing Market Competitive Landscape, Alumina and Aluminum Production and Processing Market Regional Analysis, Alumina And Aluminum Production And Processing Market Segmentation, Alumina And Aluminum Production And Processing Market Supply Chain, Alumina Refining and Primary Aluminum Production Market, Aluminum Product from Purchased Aluminum Market, Asia-Pacific Alumina And Aluminum Production And Processing Market, Australia Alumina And Aluminum Production And Processing Market, China Alumina And Aluminum Production And Processing Market, Covid-19 Impact Global Alumina and Aluminum Production and Processing Industry, Covid-19 Impact Global Alumina and Aluminum Production and Processing Market, Germany Alumina And Aluminum Production And Processing Market, Global Alumina and Aluminum Production and Processing Industry, Global Alumina and Aluminum Production and Processing Industry Research Report, Global Alumina and Aluminum Production and Processing Market, Global Alumina and Aluminum Production and Processing Market Analysis, Global Alumina and Aluminum Production and Processing Market Forecast, Global Alumina and Aluminum Production and Processing Market Future Outlook, Global Alumina and Aluminum Production and Processing Market Growth, Global Alumina and Aluminum Production and Processing Market Major Players, Global Alumina and Aluminum Production and Processing Market Overview, Global Alumina and Aluminum Production and Processing Market Research Report, Global Alumina and Aluminum Production and Processing Market Revenue, Global Alumina and Aluminum Production and Processing Market Sales, Global Alumina and Aluminum Production and Processing Market Share, Global Alumina and Aluminum Production and Processing Market Size, Global Alumina and Aluminum Production and Processing Market Trends, India Alumina And Aluminum Production And Processing Market, Japan Alumina And Aluminum Production And Processing Market, Norsk Hydro Alumina and Aluminum Production and Processing Market Share, North America Alumina And Aluminum Production And Processing Market, Rio Tinto Alumina and Aluminum Production and Processing Market Revenue, Secondary Smelting and Alloying Of Aluminum Market, United Co RUSAL PLC Alumina and Aluminum Production and Processing Market Share