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The Global Aluminum Systems market is expected to reach $247.29 billion by 2027 growing at a CAGR of 7.7% from 2020 to 2027. Aluminum systems are used as an alloy to an alternate for steel due to its excellent welding applications. The quality for these systems depends on the materials employed in the alloy systems. Factors such as increasing demand of electric vehicles, growing beverage industry, and rising demand for recycled and value-added aluminum products are driving the growth of the market. However, replacement of aluminum alloys by magnesium alloys is restraining the growth of the market. Based on the alloy type, the wrought aluminum alloy segment is going to have a lucrative growth during the forecast period which can be attributed to its wide applications in industries like electrical & electronics and transportation & logistics. The key vendors mentioned are Alcast Technologies, Emirates Global Aluminium, Aditya Birla Management Corporation Pvt. Ltd., Aluminum Bahrain B.S.C., Century Aluminum Company, Endurance Technologies Limited, BHP Group Limited, Hindalco Industries Limited, Rio Tinto PLC, Alcoa, Inc, Norsk Hydro ASA, RUSAL Limited, Alumil Aluminium Industry S.A., Aluminum Corporation of China Ltd. (Chinalco), and Xinfa Group Co. Ltd. Alloying Elements Covered: • Copper • Magnesium • Manganese • Silicon • Zinc Alloy Types Covered: • Cast Aluminum Alloy • Wrought Aluminum Alloy Applications Covered: • Electrical & Electronics • Transportation & Logistics • Construction • Packaging • Manufactured and Machined Components Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Aluminum Systems Market, By Alloying Element
5.1 Introduction
5.2 Copper
5.3 Magnesium
5.4 Manganese
5.5 Silicon
5.6 Zinc
6 Global Aluminum Systems Market, By Alloy Type
6.1 Introduction
6.2 Cast Aluminum Alloy
6.3 Wrought Aluminum Alloy
7 Global Aluminum Systems Market, By Application
7.1 Introduction
7.2 Electrical & Electronics
7.3 Transportation & Logistics
7.4 Construction
7.5 Packaging
7.6 Manufactured and Machined Components
8 Global Aluminum Systems Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 Alcast Technologies
10.2 Emirates Global Aluminium
10.3 Aditya Birla Management Corporation Pvt. Ltd.
10.4 Aluminum Bahrain B.S.C.
10.5 Century Aluminum Company
10.6 Endurance Technologies Limited
10.7 BHP Group Limited
10.8 Hindalco Industries Limited
10.9 Rio Tinto PLC
10.10 Alcoa, Inc
10.11 Norsk Hydro ASA
10.12 RUSAL Limited
10.13 Alumil Aluminium Industry S.A.
10.14 Aluminum Corporation of China Ltd. (Chinalco)
10.15 Xinfa Group Co. Ltd.
List of Data Tables
1 Global Aluminum Systems Market Outlook, By Region (2019-2027) ($MN)
2 Global Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
3 Global Aluminum Systems Market Outlook, By Copper (2019-2027) ($MN)
4 Global Aluminum Systems Market Outlook, By Magnesium (2019-2027) ($MN)
5 Global Aluminum Systems Market Outlook, By Manganese (2019-2027) ($MN)
6 Global Aluminum Systems Market Outlook, By Silicon (2019-2027) ($MN)
7 Global Aluminum Systems Market Outlook, By Zinc (2019-2027) ($MN)
8 Global Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
9 Global Aluminum Systems Market Outlook, By Cast Aluminum Alloy (2019-2027) ($MN)
10 Global Aluminum Systems Market Outlook, By Wrought Aluminum Alloy (2019-2027) ($MN)
11 Global Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)
12 Global Aluminum Systems Market Outlook, By Electrical & Electronics (2019-2027) ($MN)
13 Global Aluminum Systems Market Outlook, By Transportation & Logistics (2019-2027) ($MN)
14 Global Aluminum Systems Market Outlook, By Construction (2019-2027) ($MN)
15 Global Aluminum Systems Market Outlook, By Packaging (2019-2027) ($MN)
16 Global Aluminum Systems Market Outlook, By Manufactured and Machined Components (2019-2027) ($MN)
17 North America Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
18 North America Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
19 North America Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)
20 Europe Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
21 Europe Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
22 Europe Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)
23 Asia Pacific Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
24 Asia Pacific Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
25 Asia Pacific Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)
26 South America Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
27 South America Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
28 South America Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)
29 Middle East & Africa Aluminum Systems Market Outlook, By Alloying Element (2019-2027) ($MN)
30 Middle East & Africa Aluminum Systems Market Outlook, By Alloy Type (2019-2027) ($MN)
31 Middle East & Africa Aluminum Systems Market Outlook, By Application (2019-2027) ($MN)