Aluminum Rolled Products Market

Introduction of the Aluminium Rolled Products Market Report

Aluminium rolled products are foil, plates, sheets, which are used in large volume across the globe in various industries such as, transportation, automotive, aerospace, train, ship building, building & infrastructure etc. with the growing automotive and manufacturing industry, the demand for the product is likely to drive the market.

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Market Dynamic

Key Drivers and Emerging Trends

The rising demand for aluminium products has led to the expansion of the overall market in the automotive and packaging industries. The utilization of aluminium flat-rolled products in the packaging sector, owing to the rising use of flexible foil-based packaging in the food and beverage sector, has helped in lifting the trajectory of the market. In addition, the demand for the aluminium foils from the medical packaging domain is very high, which has contributed to the overall growth of the market. The enhanced efficiency from the mills to production planning is another major factor that has helped change the landscape of the market. Intelligent application-specific solutions and globally proven drive concepts, guarantee reliable plant operation throughout the entire production process. Maintaining the highest product quality and ensures plant availability lower operating costs significantly. Furthermore, cold rolling mills are the solutions for high precision rolling, which helps make quality rolled products, which is anticipated to surge the demand for the products. There are many cold mills present globally, which has helped in shifting the paddles for the market. for instance, Henan Cold Mill, China, CBA, Sorocaba, Brazil, etc, which has driven the growth of the market.

COVID-19 pandemic has severely affected the market due to the stringent lockdown globally and social distancing norms, which has led to the plant shutdown and dropped a grey impact on the production and overall market.

Restraint in the Aluminium Rolled Products Market

However, high price associated with the infrastructure of the production house is likely to hamper the growth of the market.

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Grade Type – Segment Analysis

Based on the grade type, 1xxx Series  is witnessed to grow at higher CAGR in the market over the forecast period. It is used in the manufacturing the heat sinks due to its higher thermal conductivity. It is characterised by excellent corrosion resistant grade and increases in strength may be obtained by strain hardening.

End-Use Industry – Segment Analysis

Based on the end-use industry, automotive & transportation is witnessed to grow at a higher CAGR in the market over the forecast period. Growing demand for public transport such as metro trains, buses, bullet trains and other industrial transportation vehicles use these products to keep the automobile light and increase its productivity. Usage of aluminium sheet in fuel reservoir avoids corrosion problem and avoid chemical reaction with exterior material, thus driving aluminium flat products market growth.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific is witnessed to grow at higher CAGR in the market over the forecast period. This is due to high consumption of aluminium in India, China and Japan, which has led to the expansion of the market. For instance, according to National Institute for Transforming India, Aluminium Consumption in India was 2.5 kg per capita in 2018 and ins anticipated to reach at 11 kg per capita by the end of 2025, which will push the growth of the market. In addition, presence of key players in the region such as Hindalco Industries Limited, Aluminium Corporation Of China, UACJ Corporation will further surge growth.

Top Market Players

Various notable players operating in the market, include, Hindalco Industries Limited, Alcoa Corporation, Constellium, Norsk Hydro ASA, Aluminum Corporation Of China, Arconic, NALCO, Elvalhalcor Hellenic Copper And Aluminum Industry S.A., Novelis Inc., UACJ Corporation, among others. 

Key Developments:

• • In 2020, Novelis Inc. officially announced the expansion of Aleris Corporation, which has helped in expanding the product portfolio of the company.

Segments covered in the Report:

The global aluminium rolled products market has been segmented on the basis of grade type, end-use industry, and regions. Based on grade type, the market is segmented into 1xxx Series, 3xxx Series, 5xxx Series, and 6xxx Series. Based on end-use industry, the market is segmented into automotive & transportation, building & infrastructure, building facades, doors & windows, packaging, consumer durables, others. 

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Key questions answered in this research report:

• • At what pace is global aluminium rolled products market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in aluminium rolled products market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global aluminium rolled products market?
  • Which grade type generated maximum revenues in 2020 and identify the most promising grade type during the forecast period?
  • What are the various end-use industry areas of global aluminium rolled products market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Grade Type, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Hindalco Industries Limited, Alcoa Corporation, Constellium, Norsk Hydro ASA, Aluminum Corporation Of China, Arconic, NALCO, Elvalhalcor Hellenic Copper And Aluminum Industry S.A., Novelis Inc., UACJ Corporation, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Aluminium Rolled Products Market by Grade Type

• • 1xxx Series
  • 3xxx Series
  • 5xxx Series
  • 6xxx Series

Global Aluminium Rolled Products Market by End-Use Industry

• • Automotive & Transportation
  • Automotive
  • Aerospace
  • Train
  • Ship building
  • Building and Infrastructure
  • Building Facades
  • Doors & Windows
  • Packaging
  • Consumer Durables
  • Others

Global Aluminium Rolled Products Market by Region

• • North America Aluminium Rolled Products Market (Option 1: As a part of the free 25% customization)
    • By Grade Type
    • By End-Use Industry
    • US Market All-Up
    • Canada Market All-Up
  • Europe Aluminium Rolled Products Market (Option 2: As a part of the free 25% customization)
    • By Grade Type
    • By End-Use Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Aluminium Rolled Products Market (Option 3: As a part of the free 25% customization)
    • By Grade Type
    • By End-Use Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Aluminium Rolled Products Market (Option 4: As a part of the free 25% customization)
    • By Grade Type
    • By End-Use Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Aluminium Rolled Products (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • • Hindalco Industries Limited
    • Alcoa Corporation
    • Constellium
    • Norsk Hydro ASA
  • Aluminum Corporation Of China
  • Arconic
  • NALCO
  • Elvalhalcor Hellenic Copper And Aluminum Industry S.A.
  • Novelis Inc.
  • UACJ Corporation