AlCircle has launched a new Sector Focus Report – "Aluminium Foil and its End uses: Current Trends and Forecast” into its 2019 Report portfolio.
AlCircle has been into the business of information for pretty long and has already become the reference point for the aluminium industry as far as news, analysis, blogs and events are concerned. The portal, on regular interval, offers exclusive sector specific reports that are designed to help industry participants in better decision making with current information, data and market analysis.
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Due to its versatility and multiple uses, aluminium foil turns out to be one of the most consumed aluminium products across the world. Growing at 3.9% per annum, the global aluminium foil usage reached 5.33 million tonnes in 2018 and is further, forecast to reach 6.71 million tonnes by 2025. China’s aluminium foil usage is estimated at 2.43 million tonnes in 2018 which accounts for about 46% of the world usage. Production wise, world total aluminium foil capacity stood at an estimated 6.85 million tonnes in 2018 and China accounted for about 63% of it.
The global demand for aluminium foil is expected to be led by China and the emerging markets in the coming decades. The growth in China will be followed by mature US and European markets. China’s aluminium foil market is expected to outpace the global usage; however, slowdown in Chinese economy might impact the forecast in the coming years. China is not only the largest producer and consumer of foils, but also the highest exporter of aluminium foils, which led countries like the U.S., Mexico, Turkey and others to take up restrictive trade actions against Chinese foil import. The significance of aluminium foil as an aluminium product is growing because of the trade controversies related to it.
AlCircle, being at the forefront of the aluminium industry information circle, has been doing its own research on the aluminium foil market, its growth and the changing trade dynamics. It is now time for us to come up with another sector focus report on "Aluminium Foil and its End uses: Current Trends and Forecast”.
In a nutshell, the report covers the following points:
For the detailed Table of Contents, click here.
The report "Aluminium Foil and its End uses: Current Trends and Forecast” is now available in both Digital as well as Print format. Both the available options along with their pricing details are as follows:
To get your copy of the report click here. For any further queries, reach us at booking@alcircle.com
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