The global aluminum industry is forecast to reach an estimated US$160billion in 2017 with a CAGR of 5.3% over the next five years (2012-2017).Increasing application, growing environmental concerns, and the move toward greater use of recyclable materials are driving growth in the worldwide aluminum market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global aluminum industry and presents its findings in “Global Aluminum Industry 2012-2017: Trend, Profit, and Forecast Analysis.”
The aluminum industry is highly consolidated. The Asia Pacific (APAC) region dominates the industry. A combination of factors such as growth in related complementary industries, additional governmental regulations, and cyclical fluctuations in input prices, general economic conditions, and expansion in end-user markets influence the industry dynamics significantly.
Lucintel’s research indicates that the industry grew at a good pace during 2006-2011 due to growth in end-user markets such as transportation and packaging, which constitute approximately 45% of the industry consumption. Additionally, the boom in the construction and infrastructure markets is also driving the aluminum market.
As the study indicates, the rising cost of input materials, achieving economies of scale to reduce costs and improve the quality of output, scarcity of raw materials, increasing energy costs, and government regulations are major challenges for the industry. Although aluminum has enjoyed historic importance in the packaging industry, that position is growing due to its strong, lightweight, and recyclable nature.
Lucintel’s study provides an overview of the global aluminum industry, tracking one market segment of that industry across four geographic regions: North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW). Thus, four segments of the global aluminum industry are tracked.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global aluminum industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
• Industry size estimates in terms of (US $) value by regions
• Global aluminum industry analysis annual trend (2006-2011) and forecast (2012-2017)
• Porter’s Five Force analysis
• New product launch and merger and acquisition activity in global aluminum industry analysis
• Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis (Q1 2012-Q4 2013) for global aluminum industry analysis
• Gross and net profit trends in the global aluminum industry analysis
• Cost structure trend in the global as well as regional aluminum industry analysis
• More than 43 valuable figures/charts and 11 tables are provided in this report