The
global Aluminum
Flat-Rolled Product Market is anticipated to grow at a higher CAGR in
the forthcoming period. Aluminum is a lightweight metal used across all
verticals and is one of the most versatile materials for industrial use. The
features of aluminum include ductility, strong, reflective, corrosion
resistant, electrical conductivity, non-toxic, non-combustible and recyclable.
Flat-rolled products-sheet, foil and plate account for a larger share in the
market.
Commercially,
flat-rolled products are used in packaging, roofing and siding, airframes, road
and rail vehicles and in marine applications comprising offshore platforms and
hulls of boats. For instance, plate is used for military vehicles and bridges,
ships superstructures and chemical vessels whereas foil is used for packaging inclusive
of electrical equipment, insulation for buildings and heat exchangers.
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| Aluminum Flat-Rolled Product Market |
Driving factors responsible for the growth of aluminum flat-rolled product industry includes rise in consumption of aluminum flat-rolled products by various verticals triggering the demand. Other factors such as advantages of using aluminum flat-rolled products for commercial construction add to the growth of aluminum flat-rolled products industry. Based on segmentation by application, aluminum flat-rolled product market includes construction, transportation, electrical, packaging, consumer goods and machinery.
Geographically,
aluminum flat-rolled product market spans North America, South America, Europe,
Asia-Pacific, Middle-East and Africa. All economical regions across the globe
deploy aluminum flat-rolled products for residential and commercial use. APAC
and MEA economies being highly rich with natural resources have a large reserve
of aluminum and its derivatives which are further used in various verticals. The
key players in aluminum flat-rolled product industry include China Hongqiao
Group Limited, Rio Tinto, Alcoa, UC Rusal, BHP Billiton, China Power Investment
Corporation, Norsk Hydro andXinfa Group.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Aluminum Flat-rolled Product in these regions,
from 2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
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