
As the aluminium industry is evolving rapidly across the world with fast-paced developments taking place in its entire value chain, and more so now due to the COVID-19 outbreak, it would be completely worthwhile to take a look at some of the potential trends and developments in the global aluminium sector that are likely to emerge in this decade. So, here is AlCircle’s new Sector Focus Report on the topic - “Global Aluminium Industry – Key Trends to 2030”.
In this report, AlCircle has attempted to explore geographic trends of each sector of the aluminium value chain, along with the new products, applications and substitutes expected for each of the sectors starting from bauxite to recycled aluminium. Technology & Industry 4.0 has certainly got a special attention in the report, as it has emerged as one of the key saviours during the COVID-19 pandemic and also believed to be a game-changer in the metal industry during the times to come.
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Besides, the report has touched upon the key trends of energy usage, sustainability, and environmental regulations in the global aluminium industry. COVID-19 impacts have also been discussed briefly, followed after possible trends in trade policies and role of exchanges.
Owing to the rising demand, high purity alumina, according to an optimistic estimate, is expected to cross 300,000 tonnes by 2030 from the current level of about 30,000 tonnes, primarily driven by lithium ion batteries for electric vehicles and LED segment. Low carbon Aluminium is expected to see a breakthrough as many aluminium producers have started coming up with their versions of low carbon aluminium. The probability of exchanges coming up with a separate platform for trading low carbon aluminium is expected to play a major role in the growth of this product.
The emergence of electric vehicles may pave the way for aluminium’s usage in battery casings, component housings and aluminium ion batteries.
The ongoing global pandemic may have a ripple effect on Chinese investments across the globe and some of the countries may have a serious relook at these deals. Should such Chinese deals slowdown in Western Africa, the resultant beneficiaries could include the smelters and alumina producing companies, elsewhere in the world.
Discover more such potential future developments in the aluminium sector in this report that are expected to re-shape the industry by 2030.
In a nutshell, the report covers the following points:
For the detailed Table of Contents, click here.
The report "Global Aluminium Industry – Key Trends to 2030” is now available in both Digital as well as Print format. Both the available options along with their pricing details are as follows:
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To get your copy of the report, click here. For any further queries, reach us at booking@alcircle.com
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