The Global Secondary Smelting And Alloying Of Aluminium Market Was Valued At $42 Billion In 2017


Posted August 22, 2018 by sainath

Asia Pacific was the largest geographic region accounting for $16.6 billion or 39.9% of the global market. China was the largest country accounting for $8.7 billion or 20.9% of the global secondary smelting and alloying of aluminum market.

 
The secondary smelting and alloying of aluminium market includes establishments recovering aluminium and aluminium alloys from scrap and/or dross (secondary smelting) and making billet, alloys, powder, paste, or flake from purchased aluminium. These are made using smelting or refining processes.

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The global secondary smelting and alloying of aluminium market was valued at $42 billion in 2017. This can be attributed to technological advances and new product developments at competitive prices driving the metal and mineral manufacturing market.

Among regional markets, Asia Pacific was the largest geographic region accounting for more than one-third of the global market.
The market in the report is segmented into: aluminium smelting and aluminium alloying.

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China was the largest country accounting for one-fifth of the global secondary smelting and alloying of aluminium market. This can be attributed to the large automobile and telecom manufacturing market in the country. China was followed by Japan and India as the next largest countries in the market.

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Categories Business , Industry , Manufacturing
Tags aluminum alloying market research report , aluminum smelting furnace market research report , aluminum smelting market report , secondary smelting and alloying of aluminum global market report
Last Updated August 22, 2018