REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 49.66 billion by 2029 | 5.8 % | North America |
by End-Use Industry | by Alloy Type | by Strength Type |
---|---|---|
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SCOPE OF THE REPORT
High Strength Aluminum Alloys Market Overview
The high strength aluminum alloys market is expected to grow at 5.8 % CAGR from 2022 to 2029. It is expected to reach above USD 49.66 billion by 2029 from USD 29.9 billion in 2020.
The global high strength aluminum alloys market is expected to rise at a considerable rate during the forecast period. In 2021, the market is growing steadily and is expected to rise above the projected horizon because of the strategy adopted by key players.
High strength aluminum alloys are a group of aluminum-based alloys that have been developed to offer improved mechanical properties, such as increased strength, hardness, and toughness, while maintaining good corrosion resistance and other desirable properties of aluminum. These alloys typically contain a combination of elements such as copper, zinc, magnesium, and silicon, which are added in varying amounts to achieve the desired properties. High strength aluminum alloys are widely used in various industries such as aerospace, automotive, defense, and transportation due to their lightweight, high strength-to-weight ratio, and corrosion resistance properties. They are often used in applications where strength, durability, and reliability are critical, such as aircraft components, automotive engine blocks, and military vehicles.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD BILLION), (KILOTONS) |
Segmentation | By  End-Use Industry, By Alloy Type, By Strength Type, By Region |
By End-use industry |
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By Alloy Type |
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By Strength Type |
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By Region |
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The high strength aluminum alloys market has experienced significant growth in recent years and is expected to continue to grow in the future. The aerospace and defense industries are major consumers of high strength aluminum alloys, as they require lightweight materials that can withstand high stress and fatigue. With the increasing demand for air travel and the need for military modernization, the demand for high strength aluminum alloys in these industries is expected to grow. Moreover, high strength aluminum alloys are also being increasingly used in the automotive industry as automakers seek to produce lighter and more fuel-efficient vehicles. This is driving the demand for these alloys, especially in the manufacturing of engine blocks, suspension systems, and body structures. Additionally, high strength aluminum alloys are also finding increasing use in the construction industry, especially in the construction of high-rise buildings, bridges, and other infrastructure. These alloys offer high strength-to-weight ratios, which can help to reduce the weight and cost of construction materials.
While the high strength aluminum alloys market is expected to continue growing in the coming years, there are also some factors that could potentially restrain market growth such as high cost, high strength aluminum alloys are more expensive than other materials such as steel and aluminum alloys with lower strength. This can make them less competitive in some applications, particularly in industries where cost is a major factor. Additionally high strength aluminum alloys require a mix of raw materials such as aluminum, copper, zinc, magnesium, and silicon, which are not always easily available. The availability of these raw materials could impact the production of High Strength Aluminum Alloys.
The lightweighting trend, driven by the need for fuel-efficient and environmentally friendly vehicles, is expected to drive the demand for high strength aluminum alloys in the automotive industry. This presents a significant opportunity for companies to expand their offerings and increase their market share. Moreover, advances in technology and materials science are leading to the development of new high strength aluminum alloys with improved properties. Companies that invest in research and development to create innovative products can gain a competitive advantage and increase market share. High Strength Aluminum Alloys are used in a wide range of applications, including aerospace, defense, automotive, construction, and others. Companies that can identify new applications for High Strength aluminum alloys can expand their market reach and increase sales. As sustainability becomes an increasingly important consideration for companies and consumers, high strength aluminum alloys present an opportunity for companies to offer environmentally friendly products that have a lower carbon footprint compared to other high-strength materials.
The COVID-19 pandemic has had a significant impact on the high strength aluminum alloys market. Here are some of the keyways in which the pandemic has affected the market. The pandemic led to disruptions in the global supply chain, including for the raw materials used in the production of high strength aluminum alloys. This led to production delays and reduced supply, which impacted the market. The pandemic led to a reduction in demand for High Strength Aluminum Alloys from several key industries, such as aerospace, automotive, and construction. This was due to the economic downturn and the restrictions on travel and business activity. Moreover, the pandemic led to increased price volatility for raw materials and finished products, which impacted the profitability of companies operating in the high strength aluminum alloys market.
Overall, the COVID-19 pandemic had a significant impact on the high strength aluminum alloys market. However, with the vaccine rollout and the gradual easing of restrictions, the market is expected to recover in the coming years. The increasing demand from industries such as aerospace, automotive, and construction is expected to drive market growth in the future.
High strength aluminum alloys Market Segment Analysis
The high strength aluminum alloys market is segmented based on end-use industry, alloy type, strength type, and region.
By end-use industry the market is bifurcated into automotive & transportation, aerospace & defense, marine. The largest market segment for the high strength aluminum alloys market by end-use industry was the aerospace industry. high strength aluminum alloys are widely used in the production of aircraft components, including wings, fuselage, and landing gear, due to their high strength-to-weight ratio and corrosion resistance properties. Other significant end-use industries for high strength aluminum alloys include the automotive and defense industries.
By alloy type the market is divided into Cast and Wrought. The largest market segment for the high strength aluminum alloys market by alloy type was wrought alloys. Wrought alloys are produced by mechanical working, such as rolling or extrusion, and offer higher strength and toughness than cast alloys. Wrought high strength aluminum alloys are used in various end-use industries, including aerospace, automotive, and defense, due to their superior mechanical properties, corrosion resistance, and formability. Cast high strength aluminum alloys, on the other hand, are produced by casting molten aluminum into a mold and are used in applications such as engine blocks, transmission cases, and structural components in the automotive and transportation industries.
By Strength Type the market is divided into High, and ultra-high strength. The largest market segment for the high strength aluminum alloys Market by strength type was high strength aluminum alloys. high strength aluminum alloys typically have a yield strength between 200 MPa and 600 MPa and find applications in various end-use industries, including aerospace, automotive, and defense, due to their high strength-to-weight ratio and good formability. Ultra-high strength aluminum alloys, on the other hand, have a yield strength greater than 600 MPa and offer even higher strength and stiffness properties, making them ideal for applications such as military vehicles and ballistic protection. However, the use of ultra-high strength aluminum alloys is currently limited due to their high cost and reduced formability. The market demand for ultra-high strength aluminum alloys is expected to grow in the coming years due to the increasing demand for lightweight materials with high strength properties.
High Strength Aluminum Alloys Market Key Players
The major players in the high strength aluminum alloys market include Alcoa Corporation, Norsk Hydro ASA, Novelis Inc., Constellium SE, Aleris Corporation, Kobe Steel Ltd., Rio Tinto Alcan Inc., UACJ Corporation, Kaiser Aluminum Corporation, Aluminum Corporation of China Limited (Chalco)
Recent news
September 13, 2022; Alcoa Corporation announced new innovations in alloy development and deployment in the past. These innovations included the introduction of a new high-strength, 6000 series alloy, A210 ExtruStrongTM, that delivered benefits across a wide range of extruded applications, including transport, construction, industrial, and consumer goods.
In addition, Alcoa announced in the past that its C611 EZCastTM alloy, a high-performance alloy that did not require a dedicated heat treatment, was being recognized with an international award at the 2022 International Die Casting Competition in Lexington, hosted by the North American Die Casting Association.
December 2, 2022; Constellium SE announced in the past that it was leading a new consortium of automakers and suppliers to develop lower carbon, lower cost aluminum extrusion alloys. Sponsored by a grant from the UK’s Advanced Propulsion Centre (APC), the £10 million CirConAl (Circular and Constant Aluminum) project aimed to maximize the use of post-consumer scrap in a new generation of high-strength alloys that emitted less than two tons of CO2 per ton of aluminum produced. CirConAl was part of joint government and industry support for projects to build an end-to-end supply chain for zero-emissions vehicles in the UK.
Who Should Buy? Or Key stakeholders
- Investors
- Institutional & retail players.
- Investment research firms
- Manufacturing companies
- Government Institution
- Research Organizations
- Environment, Health, and Safety Professionals
- Regulatory Authorities
- End-User Companies
- Others
High Strength Aluminum Alloys Market Regional Analysis
The high strength aluminum alloys market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The North America high strength aluminum alloys market is one of the largest and most mature markets globally. The market is driven by the demand for lightweight materials in various end-use industries such as aerospace, automotive, and construction. In particular, the automotive industry has been a significant driver of growth in the North American high strength aluminum alloys market, with automakers increasingly using these alloys in vehicle structures to reduce weight and improve fuel efficiency.
Moreover, the region has a highly developed aerospace industry, which also drives the demand for high strength aluminum alloys. The use of high strength aluminum alloys in aerospace applications provides several advantages, including high strength-to-weight ratio, excellent corrosion resistance, and good thermal conductivity. Additionally, the North American construction industry has been witnessing steady growth, with increased investments in infrastructure development projects. The use of high strength aluminum alloys in construction applications offers several benefits, including high durability, strength, and resistance to weathering and corrosion. Overall, the North America high strength aluminum alloys market is expected to witness steady growth in the coming years, driven by the continued demand from key end-use industries and the presence of established industry players.
Key Market Segments: High strength aluminum alloys Market
High Strength Aluminum Alloys Market by End-Use Industry, 2020-2029, (USD Billion), (Kilotons)
- Automotive & Transportation
- Aerospace & Defense
- Marine
High Strength Aluminum Alloys Market by Alloy Type, 2020-2029, (USD Billion), (Kilotons)
- Cast
- Wrought
High Strength Aluminum Alloys Market by Strength Type, 2020-2029, (USD Billion), (Kilotons)
- High
- Ultra-High Strength
High Strength Aluminum Alloys Market by Region, 2020-2029, (USD Billion), (Kilotons)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the high strength aluminum alloys market over the next 7 years?
- Who are the major players in the high strength aluminum alloys market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the high strength aluminum alloys market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the high strength aluminum alloys market?
- What is the current and forecasted size and growth rate of the global high strength aluminum alloys market?
- What are the key drivers of growth in the high strength aluminum alloys market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the high strength aluminum alloys market?
- What are the technological advancements and innovations in the high strength aluminum alloys market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the high strength aluminum alloys market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the high strength aluminum alloys market?
- What are the product applications and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON HIGH STRENGTH ALUMINUM ALLOYS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET OUTLOOK
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY, (USD BILLION), (KILOTONS), 2020-2029
- AUTOMOTIVE & TRANSPORTATION
- AEROSPACE & DEFENSE
- MARINE
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), (KILOTONS), 2020-2029
- CAST
- WROUGHT
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), (KILOTONS), 2020-2029
- HIGH
- ULTRA-HIGH STRENGTH
- GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY REGION (USD BILLION),(KILOTONS), 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- ALCOA CORPORATION
- NORSK HYDRO ASA
- NOVELIS INC.
- CONSTELLIUM SE
- ALERIS CORPORATION
- KOBE STEEL LTD.
- RIO TINTO ALCAN INC.
- UACJ CORPORATION
- KAISER ALUMINUM CORPORATION
- ALUMINUM CORPORATION OF CHINA LIMITED (CHALCO) *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 2 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 3 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 4 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 5 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION),   2020-2029
TABLE 6 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 7 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY REGION (KILOTONS), 2020-2029
TABLE 8 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY REGION (KILOTONS), 2020-2029
TABLE 9 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 11 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 13 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 14 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 15 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 16 NORTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 17 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 18 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 19 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 20 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 21 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 22 US HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 23 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (BILLION), 2020-2029
TABLE 24 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 25 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 26 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 27 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 28 CANADA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 29 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 30 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 31 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 32 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 33 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 34 MEXICO HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 35 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 36 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 37 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 38 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 39 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 40 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 41 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 42 SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 43 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 44 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 45 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 46 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 47 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 48 BRAZIL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 49 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 50 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 51 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 52 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 53 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 54 ARGENTINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 55 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 56 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 57 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 58 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 59 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 60 COLOMBIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 61 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 62 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 63 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 64 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 65 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 66 REST OF SOUTH AMERICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 67 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRYÂ (USD BILLION), 2020-2029
TABLE 68 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 69 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 70 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 71 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 72 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 73 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 74 ASIA-PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 75 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 76 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 77 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 78 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 79 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 80 INDIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 81 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 82 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 83 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 84 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 85 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 86 CHINA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 87 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 88 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 89 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 90 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 91 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 92 JAPAN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 93 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 94 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 95 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 96 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 97 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 98 SOUTH KOREA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 99 AUSTRALIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 100 AUSTRALIA CONNECTED TRUCKBY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 101 AUSTRALIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 102 AUSTRALIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 103 AUSTRALIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 104 AUSTRALIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 105 SOUTH EAST ASIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 106 SOUTH EAST ASIA CONNECTED TRUCKBY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 107 SOUTH EAST ASIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 108 SOUTH EAST ASIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 109 SOUTH EAST ASIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 110 SOUTH EAST ASIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 111 REST OF ASIA PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 112 REST OF ASIA PACIFIC CONNECTED TRUCKBY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 113 REST OF ASIA PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 114 REST OF ASIA PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 115 REST OF ASIA PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 116 REST OF ASIA PACIFIC HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 117 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 118 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 119 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 120 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 121 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 122 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 123 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 124 EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 125 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 126 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 127 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 128 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 129 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 130 GERMANY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 131 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 132 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 133 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 134 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 135 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 136 UK HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 137 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 138 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 139 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 140 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 141 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 142 FRANCE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 143 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 144 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 145 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 146 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 147 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-Â 2029
TABLE 148 ITALY HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 149 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 150 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 151 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 152 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 153 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 154 SPAIN HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 155 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 156 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 157 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 158 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 159 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 160 RUSSIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 161 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 162 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 163 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 164 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 165 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 166 REST OF EUROPE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 175 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 176 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 177 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 178 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 179 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 180 UAE HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 181 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 182 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 183 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 184 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 185 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 186 SAUDI ARABIA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 187 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 188 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 189 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 190 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 191 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 192 SOUTH AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (USD BILLION), 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY (KILOTONS), 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (USD BILLION), 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE (KILOTONS), 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (USD BILLION), 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY, USD BILLION, 2020-2029
FIGURE 9 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE, USD BILLION, 2020-2029
FIGURE 10 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE, USD BILLION, 2020-2029
FIGURE 11 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET REGION, USD BILLION, 2020-2029
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY END-USE INDUSTRY, USD BILLION, 2021
FIGURE 14 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY ALLOY TYPE, USD BILLION, 2021
FIGURE 15 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY STRENGTH TYPE, USD BILLION, 2021
FIGURE 16 GLOBAL HIGH STRENGTH ALUMINUM ALLOYS MARKET BY REGION, USD BILLION, 2021
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 ALCOA CORPORATION: COMPANY SNAPSHOT
FIGURE 19 NORSK HYDRO ASA: COMPANY SNAPSHOT
FIGURE 20 NOVELIS INC.: COMPANY SNAPSHOT
FIGURE 21 CONSTELLIUM SE: COMPANY SNAPSHOT
FIGURE 22 ALERIS CORPORATION: COMPANY SNAPSHOT
FIGURE 23 KOBE STEEL LTD.: COMPANY SNAPSHOT
FIGURE 24 RIO TINTO ALCAN INC.: COMPANY SNAPSHOT
FIGURE 25 UACJ CORPORATION: COMPANY SNAPSHOT
FIGURE 26 KAISER ALUMINUM CORPORATION: COMPANY SNAPSHOT
FIGURE 27 ALUMINUM CORPORATION OF CHINA LIMITED.: COMPANY SNAPSHOT
FAQ
The high strength aluminum alloys market is expected to grow at 5.8 % CAGR from 2022 to 2029. It is expected to reach above USD 49.66 billion by 2029 from USD 29.9 billion in 2020.
In 2021, the size of the Asia-Pacific high strength aluminum alloys industry was estimated to be around USD 3.2 billion. High strength aluminum alloys market in the Asia-Pacific region is expected to grow significantly in the coming years due to the region’s increasing demand for lightweight materials with high strength properties and the growing investments in the aerospace and automotive industries.
Some of the driving forces in the high strength aluminum alloys market include the growing demand for lightweight materials in the aerospace and automotive industries, increasing investments in infrastructure and construction activities, and the need for high-strength materials with excellent corrosion resistance properties. The rise of electric vehicles is also driving the demand for high-strength aluminum alloys as they offer significant weight reduction benefits, leading to improved fuel efficiency and reduced carbon emissions. Additionally, the increasing focus on sustainability and eco-friendliness is expected to drive the demand for aluminum alloys as they are recyclable and have a lower carbon footprint compared to other materials.
The automotive industry is one of the largest applications of high strength aluminum alloys. This is due to the increasing demand for lightweight materials to improve fuel efficiency and reduce carbon emissions. High strength aluminum alloys are used in various automotive components such as body panels, engine blocks, suspension systems, wheels, and chassis. In addition, the aerospace industry also uses high strength aluminum alloys extensively in aircraft structures due to their high strength-to-weight ratio, corrosion resistance, and excellent mechanical properties. Other significant applications of high strength
The largest regional market for the high strength aluminum alloys market was North America, followed closely by Europe. However, the Asia-Pacific region is expected to witness the highest growth rate in the coming years due to increasing demand from end-use industries such as automotive, aerospace, and construction. This growth is driven by factors such as rising urbanization, growing disposable income, and increasing investments in infrastructure development.
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