Aluminum Alloys Market Major Companies, Growth Strategies and New Trends By 2032

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The global Aluminum Alloys Market size was USD 34.4 Billion in 2022 and is expected to reach USD 46.8 Billion in 2032, and register a revenue CAGR of 3.5% during the forecast period. The need for Aluminum alloys, which are widely used in the automotive and aerospace sectors because of their lightweight, corrosion-resistant, and high-strength qualities, is one of the major factors driving the market revenue growth.

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Major Companies:

The global Aluminum alloys market is highly consolidated, with a few large and medium-sized players accounting for a majority of the market revenue. Some of the major companies included in the global Aluminum alloys market report are:

• Norsk Hydro ASA
• Rio Tinto Alcan Inc.
• Constellium SE
• Nippon Light Metal Holdings Company, Ltd.
• Kaiser Aluminum Corporation
• Alcoa Corporation
• Aleris Corporation
• UACJ Corporation
• Bharat Forge Limited
• China Hongqiao Group Limited

Key questions addressed in the report:

• What is the expected market size of the global Aluminum Alloys market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Aluminum Alloys market?

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Aluminum Alloys Market Segmentation:

By Product Type Outlook: 

• Wrought
• Cast

By End-Use Industry Outlook: 

• Aerospace & Defense
• Automotive
• Building & Construction
• Marine
• Others

 Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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