Aluminum Rolled Products Market Analysis, Size, Current Scenario and Future Prospects
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
•
The market number available for – 2023-2030
•
Base year- 2023
•
Forecast period- 2024-2030
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.
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