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10 JULY 2017 AL CIRCLE

Global aluminium metals market estimated to reach USD 1, 60,696.1 million by 2022

EDITED BY : HEENA IQBAL 1MINS READ

The global aluminium metals market which was valued at USD 1, 12,487.9 million in 2015 is projected to be valued at USD 1, 60,696.1 million by 2022. The market will grow at CAGR of 5.3 per cent from 2016 to 2022, according to the report on Global Aluminium Metals Market of Market Research Future. 

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The major participants of global aluminium metals market are: RUSAL, Aluminium Corporation of China Ltd., Rio Tinto Alcan Inc., Norsk Hydro ASA, Alcoa, Inc., China Hongqiao Group Limited and Emirates Global Aluminium PJSC.

The primary aluminium accounts for largest market share. Aluminium is used in various industries such as, automotive, construction, electrical and packaging among others.  These industries are projected to grow because of increase in consumption rate and growing population.

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Under target audience the report says:

•Aluminium metals producers

•Traders and distributors

•Association and government bodies.

•Application industries

•Electronic manufacturers

•Research institute


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EDITED BY : HEENA IQBAL 1MINS READ

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