Aluminum flat products are basically made through the flat rolling process which converts an aluminum ingot called a slab into a thinner product such as a plate or a sheet. Aluminum flat products are used in various applications such as closures, building, and construction, automotive, aerospace among others.
MARKET DYNAMICS
The increased use of aluminum flat products in the aerospace industry to reduce aircraft weight is driving the growth of the aluminum flat products market. Due to its lightweight and good formability, the use of aluminum sheets and plates for manufacturing automotive have increased considerably which is driving the aluminum flat products market. Along with this, there has been an increase in demand for aluminum flat products from the building and construction industry which is due to its maintenance-free and corrosion-resistant properties.
MARKET SCOPE
The "Global Aluminum Flat Products Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aluminum flat products market with detailed market segmentation by product type, end-use industry, and geography. The global aluminum flat products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aluminum flat products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Aluminum Flat Products Market is segmented based on product type and end-use industry. Based on product type, the market is segmented into plates, sheets, and others. Based on end-use industry the market is segmented into building and construction, aerospace, automotive and transportation, electrical and electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aluminum flat products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aluminum flat products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aluminum flat products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aluminum flat products market in these regions.
MARKET PLAYERS
The report covers key developments in the aluminum flat products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from aluminum flat products market are anticipated to witness lucrative growth opportunities in the future with the rising demand for aluminum flat products in the global market. Below mentioned is the list of few companies engaged in the aluminum flat products market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aluminum flat products market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arconic
- Chongqing CHAL Precision Aluminium Co., Ltd.
- Constellium
- ElvalHalcor
- Hindalco Industries Ltd.
- JW Aluminum
- NALCO India
- Norsk Hydro ASA
- Novelis Aluminum
- UACJ Corporation