Global Alumina and Aluminum Production and Processing Market Briefing 2016-2017 & Forecasts to 2020 & 2022 – iCrowdNewswire
 
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Jan 3, 2018 7:50 AM ET

Global Alumina and Aluminum Production and Processing Market Briefing 2016-2017 & Forecasts to 2020 & 2022

iCrowdNewswire - Jan 3, 2018

The “Alumina and Aluminum Production and Processing Market Global Briefing 2017” report has been added to Research and Markets’ offering.

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.

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.

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.

Asia Pacific was the largest region in the alumina and aluminum production and processing market in 2016, accounting for around 40% of the market. This can be attributed to region’s large manufacturing, automobile, transport, and electrical market, especially in countries such as China, Japan, and Korea. China has the highest market share in all the aluminum end use industries. North America was the second largest region accounting for around 21% of the market. Eastern Europe was the smallest largest region accounting for around 1% of the market.

Scope:

– Markets Covered: Aluminum Product Manufacturing From Purchased Aluminum, Secondary Smelting And Alloying Of Aluminum, Alumina Refining And Primary Aluminum Production
– Time Series: Five years historic and forecast.
– Data: Market value in $ billions.
– Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
– Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

– Rio Tinto
– United Co RUSAL PLC
– Alcoa
– Weiqiao/ Hongqiao Group
– JISCO
– Emirates Global Aluminium
– Norsk Hydro
– Aleris
– Hindalco Industries
– South 32

For more information about this report visit https://www.researchandmarkets.com/research/jw54mp/global_alumina?w=3

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
[email protected]
Related Topics: Aluminium (https://www.researchandmarkets.com/categories.asp?cat_id=256&campaign_id=jw54mp)

Via iCrowdNewswire
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