Aluminum Rolled Products Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted March 14, 2024 by mansi3210

The global aluminum rolled products market is anticipated to grow at a CAGR of 6.4% during the forecast period.

 
The global aluminum rolled products market is anticipated to grow at a CAGR of 6.4% during the forecast period. Rolled aluminum is used in a wide range of industries and applications such as aircraft, aerospace, railways, roadways, engineering, electricals, food, packaging, and printing. The growing need for this versatile metal has facilitated the emergence of various aluminum rolled products in these industries, especially in the packaging industry. Aluminum has a wide range of packaging applications, from beverage cans to food containers, aerosols, and tubes. The consumption of aluminum rolled in food packaging is increasing globally, which in turn, accelerates the market growth. 

Europeans use up to 50 billion cans every year, drinking mineral water, soft drinks, and beer. In addition, recycling used aluminum saves up to 95% of energy in primary production, making a major contribution to sustainability. This is one of the prominent factors, the food packaging companies are increasing the use of aluminum for their food product's packaging and storage. For instance, in January 2020, Ball Corp launched an infinitely recyclable aluminum bottle in various shapes and sizes and is customized for numerous cosmetic, personal care, food, and beverage products. As per the company, the product provides a circular solution to plastic pollution. 

In addition, packaging companies are also investing a significant amount in manufacturing facilities to expand their reach. Further, in March 2022, Ball invested in aluminum packaging plant construction to meet the needs of its customers for aluminum drink cans in the UK. This new facility will be the largest ever beverage packaging plant that will use aluminum rolled products in the UK. Set for completion in January 2023, the site will occupy 56,000 sqm, with space to expand production later.

To Request a Sample of our Report on Aluminum Rolled Products Market:  https://www.omrglobal.com/request-sample/aluminum-rolled-products-market

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Grade
By End-User Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Hindalco Industries, Ltd., Norsk Hydro ASA, Arconic Corp., Constellium SE, Alcoa Inc., AMAG Austria Metall AG, Hulamin, UACJ Corp., and others. 

Aluminum Rolled Products Market Report by Segment

By Grade

1xxx Series
3xxx Series
5xxx Series
6xxx Series
Others

Aluminum Rolled Products Market by End-User Industry 

Automotive and Transportation
Aerospace and Defense
Building & Infrastructure
Packaging
Consumer Durables
Others

A full Report of Aluminum Rolled Products Market is Available @  https://www.omrglobal.com/industry-reports/aluminum-rolled-products-market

Aluminum Rolled Products Market Report by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Alcoa Inc. 
AMAG Austria Metall AG
Bharat Aluminium Co., Ltd. 
China Hongqiao Group Co., Ltd.
Gulf Aluminium Rolling Mill B.S.C (c) (GARMCO) 
Hubei HYD Aluminum Co., Ltd.
Hulamin
Impol Aluminum Corp.
Jindal Aluminum, Ltd.
JW Aluminum
Kaiser Aluminum Corp. 
Laminazione Sottile S.p.A.
NALCO India
Toyo ALUMINUM Ekco Products Co., Ltd.
UACJ Corp.

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Categories Business , Industry , Manufacturing
Last Updated March 14, 2024