North America Aluminum Market was valued US$ 16384.81 Mn in 2021 and is forecast to reach US$ 21957.21 Mn by 2027 at a CAGR of 5% during the forecast period.
North America Aluminum Market Overview:
In order to forecast revenues and analyze trends in each of the below-listed sub-markets, this study classifies the North America Aluminum Market.
In order to assist the vendor in defining a fit or alignment between their capabilities and potential future growth, the Competition Strategic Window studies the competitive environment with respect to markets, applications, and geographic areas.
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North America Aluminum Market Scope:
In-depth understanding of the industry and competitive environment is given to readers through the North America Aluminum Industry study, assisting them in making more informed decisions on market expansion and growth. A participant summary, revenue data, capital investment, and global North America Aluminum market growth rates are all included in the report.
North America Aluminum Market Segmentation:
In 2021, the extrusion segment held a dominant market share, trailed by flat rolled and casting. In particular, extrusion items find great demand in the commercial sectors of consumer goods, machinery and equipment, and construction. During the last five years, North America’s consumption of aluminum sheet and plate has usually climbed.
Within the transportation industry, aluminum is becoming increasingly prevalent. With an increase in car production and sales, the transportation sector became the dominant industry in the North American region. Transportation makes up 27% of the total, and this percentage will only rise over the coming years. Aluminum’s strength, light weight, and flexibility made it the perfect material to manufacture heavier-than-air aircraft.
Because the United States has well-established end-use industries like transportation and building & construction, it has a significant market share in the aluminum industry. Furthermore, due to increased investment by major players in the expansion of aluminum production to meet the rise in demand, the United States is anticipated to maintain its leadership position throughout the projected period.
1. Introduction and Definition
2. North America Aluminum Market Value Share Analysis, by End Use Industry
3. North America Aluminum Market Size (US$ Mn) Forecast, by End Use Industry
4. North America Aluminum Market Analysis, by End Use Industry
5. North America Aluminum Market Attractiveness Analysis, by End Use Industry
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North America Aluminum Market Key Players: The key players are
• Alcoa
• Norsk Hydro
• Rio Tinto Alcan
• Arconic
• Century Aluminum
• Novelis
• Access Industries
• United Company RUSAL
• Kaisar Aluminum
• JW Aluminum
• United Aluminum
• GYFORDPRODUCTIONS, LLC
• ALUMINERIE ALOUETTE INC.
• Extrudex Aluminum
• Almag Aluminum
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Regional Analysis:
After a careful analysis of numerous regions, including Asia-Pacific, Europe, North America, and the rest of the world, the North America Aluminum market projection research was produced. North America will remain a significant shareholder in the global North America Aluminum market and has the most influence over the North America Aluminum market share.
COVID-19 Impact Analysis on North America Aluminum Market: The COVID-19 impact on the North America Aluminum market is also included in the report
Key Questions Answered in the North America Aluminum Market Report are:
- What will be the CAGR of the North America Aluminum market during the forecast period?
- Which segment emerged as the leading segment in the North America Aluminum market?
- Which are the prominent players in the North America Aluminum market?
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