Market by Product, Industry Vertical, and Country Outlook | Forecast 2023-2030
The report by Triton Market Research depicts that the European aluminum market will advance with a CAGR of 4.92% in the forecast years from 2023 to 2030.
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The countries analyzed in this
market include:
• Poland
• Germany
• The Netherlands
• France
• Italy
• Spain
• The United Kingdom
• Norway
• Rest of Europe
Poland is anticipated to witness
the fastest growth in the Europe market over the forecasted period.
Features such as recyclability and ductility have increased the demand for aluminum,
and this is expected to drive the market growth during the forecast period.
However, stringent regulations to lower the carbon footprint resulting from
aluminum production are expected to hinder this progress.
Poland
has a booming food processing sector, with its major segments being meat, dairy,
beverage, bakery, confectionery, and horticultural processing. According to
estimates, the total imports of food and agricultural products of the country
amounted to over $26 billion in 2019. The rapidly evolving food processing
industry is expected to boost the Polish aluminum market’s growth over the
forecast period. In addition to this, the country’s growing automotive industry
is also projected to contribute to the market’s growth.
The
aerospace industry of the United Kingdom is one of the largest in the world.
Over 3000 aerospace companies operate in the nation. The UK designs and
manufactures wings for all platforms of Airbus aircraft. It also boasts of a thriving
repair, maintenance, and overhaul sector, which serves numerous military and
civil aircraft that fly through the country each year. The rising demand for
aluminum as the preferred material in the aircraft sector is anticipated to
fuel the market’s growth in the United Kingdom over the forecast period.
Primary
aluminum is the type of aluminum produced directly from mined ore. This
aluminum is sourced from electrolytic cells during the process of electrolytic
reduction of aluminum oxide. Primary aluminum has numerous alloys and can be
transformed easily into various shapes. Rapid urbanization is expected to fuel
the demand for primary aluminum owing to its use for construction purposes.
Triton’s report assesses the
market as per product and industry vertical. Here,
the product segment comprises primary aluminum, alumina, bauxite, and other
products.
The well-known players functioning
in the aluminum market include Rio Tinto, Novelis Inc, Alcoa Corporation,
RUSAL, and Century Aluminum Company.
Norsk Hydro ASA is a
leading aluminum and energy market player, and is committed to a sustainable
future. The company’s operations take place throughout the aluminum value
chain, from energy to bauxite mining & alumina refining, aluminum &
primary aluminum extrusions, as well as recycling. The company serves a number
of industries, including automotive, building & construction, solar &
energy, electronics, and infrastructure, among others. Founded in 1905, Norsk
Hydro is headquartered in Oslo, Norway.
Key deliverables of the
report:
·
Market
CAGR during the forecasting years 2023-2030
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the aluminum market revenue growth in Europe and
its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces
·
A
wide-ranging study of factors that will challenge the Europe aluminum market’s
growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. EUROPE
ALUMINUM MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. COVID-19
IMPACT ON THE ALUMINUM MARKET
2.2. MARKET
MATURITY ANALYSIS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. INDUSTRY
COMPONENTS
2.4.1. RAW
MATERIAL PROCUREMENT
2.4.2. ALUMINUM
PRODUCTION
2.4.3. END-USERS
2.5. REGULATORY
FRAMEWORK
2.6. KEY
BUYING IMPACT ANALYSIS
2.6.1. STRENGTH
OF PRODUCT
2.6.2. PRODUCT
RECYCLABILITY
2.6.3. CORROSION
RESISTANCE
2.7. KEY
MARKET STRATEGIES
2.7.1. COLLABORATIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. MERGERS
& ACQUISITIONS
2.7.4. BUSINESS
DIVESTITURES & EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. RISING
DEMAND FROM VARIOUS END-USE INDUSTRIES
2.8.2. SUBSTITUTION
OF STAINLESS STEEL WITH ALUMINUM BY AUTOMOTIVE MANUFACTURERS
2.8.3. RISING
ADOPTION OF ELECTRIC VEHICLES
2.9. MARKET
CHALLENGES
2.9.1. STRICT
ENVIRONMENTAL REGULATIONS BY AUTHORITIES
2.9.2. RISING
COST OF ALUMINUM
2.10. MARKET
OPPORTUNITIES
2.10.1. MULTIPLE
APPLICATIONS OF ALUMINUM IN THE SUSTAINABLE ENERGY INDUSTRY
2.10.2. TECHNOLOGICAL
ADVANCEMENTS
2.10.3. RECYCLABILITY
OF ALUMINUM GAINING MARKET TRACTION
2.10.4. GROWING
PENETRATION IN THE CONSUMER ELECTRONICS INDUSTRY
2.10.5. RISING
USE OF ALUMINUM IN THE TRANSPORTATION INDUSTRY
2.10.6. GROWING
POPULARITY OF ALUMINUM FOAM
2.11. ANALYST
PERSPECTIVE
3. EUROPE
ALUMINUM MARKET – BY PRODUCT
3.1. ALUMINA
3.2. BAUXITE
3.3. PRIMARY
ALUMINUM
3.4. OTHER
PRODUCTS
4. EUROPE
ALUMINUM MARKET – BY INDUSTRY VERTICAL
4.1. AUTOMOTIVE
& TRANSPORTATION
4.2. BUILDING
& CONSTRUCTION
4.3. ELECTRONICS
4.4. FOIL
& PACKAGING
4.5. OTHER
INDUSTRY VERTICALS
5. EUROPE
ALUMINUM MARKET – COUNTRY OUTLOOK
5.1. COUNTRY
ANALYSIS
5.1.1. UNITED
KINGDOM
5.1.1.1. UNITED
KINGDOM ALUMINUM MARKET FORECAST & PROSPECTS
5.1.2. GERMANY
5.1.2.1. GERMANY
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.3. FRANCE
5.1.3.1. FRANCE
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.4. ITALY
5.1.4.1. ITALY
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.5. SPAIN
5.1.5.1. SPAIN
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.6. NETHERLANDS
5.1.6.1. NETHERLANDS
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.7. POLAND
5.1.7.1. POLAND
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.8. NORWAY
5.1.8.1. NORWAY
ALUMINUM MARKET FORECAST & PROSPECTS
5.1.9. REST
OF EUROPE
5.1.9.1. REST
OF EUROPE ALUMINUM MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. RIO
TINTO
6.1.1. OVERVIEW
6.1.2. PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. ALUMINUM
CORPORATION OF CHINA LIMITED (CHALCO)
6.2.1. OVERVIEW
6.2.2. PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. RUSAL
6.3.1. OVERVIEW
6.3.2. PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. ALCOA
CORPORATION
6.4.1. OVERVIEW
6.4.2. PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. NORSK
HYDRO ASA
6.5.1. OVERVIEW
6.5.2. PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. EMIRATES
EUROPE ALUMINUM PJSC
6.6.1. OVERVIEW
6.6.2. PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. NOVELIS
INC
6.7.1. OVERVIEW
6.7.2. PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. ALUMINUM
BAHRAIN BSC (ALBA)
6.8.1. OVERVIEW
6.8.2. PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. CHINA
HONGQIAO GROUP LIMITED
6.9.1. OVERVIEW
6.9.2. PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. CENTURY
ALUMINUM COMPANY
6.10.1. OVERVIEW
6.10.2. PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE
ALUMINUM MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
MERGERS & ACQUISITIONS
TABLE 6: LIST OF
BUSINESS DIVESTITURES & EXPANSIONS
TABLE 7: EUROPE
ALUMINUM MARKET, BY PRODUCT, 2023-2030 (IN $ MILLION)
TABLE 8: EUROPE
ALUMINUM MARKET, BY INDUSTRY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE 9: EUROPE
ALUMINUM MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: INDUSTRY
COMPONENTS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: EUROPE
ALUMINUM MARKET, BY PRODUCT, 2022 & 2030 (IN %)
FIGURE 4: EUROPE
ALUMINUM MARKET, BY ALUMINA, 2023-2030 (IN $ MILLION)
FIGURE 5: EUROPE
ALUMINUM MARKET, BY BAUXITE, 2023-2030 (IN $ MILLION)
FIGURE 6: EUROPE
ALUMINUM MARKET, BY PRIMARY ALUMINUM, 2023-2030 (IN $ MILLION)
FIGURE 7: EUROPE
ALUMINUM MARKET, BY OTHER PRODUCTS, 2023-2030 (IN $ MILLION)
FIGURE 8: EUROPE
ALUMINUM MARKET, BY INDUSTRY VERTICAL, 2022 & 2030 (IN %)
FIGURE 9: EUROPE
ALUMINUM MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2023-2030 (IN $ MILLION)
FIGURE 10: EUROPE
ALUMINUM MARKET, BY BUILDING & CONSTRUCTION, 2023-2030 (IN $ MILLION)
FIGURE 11: EUROPE
ALUMINUM MARKET, BY ELECTRONICS, 2023-2030 (IN $ MILLION)
FIGURE 12: EUROPE
ALUMINUM MARKET, BY FOIL & PACKAGING, 2023-2030 (IN $ MILLION)
FIGURE 13: EUROPE
ALUMINUM MARKET, BY OTHER INDUSTRY VERTICALS , 2023-2030 (IN $ MILLION)
FIGURE 14: EUROPE
ALUMINUM MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 15: UNITED
KINGDOM ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 16: GERMANY
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 17: FRANCE
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 18: ITALY
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 19: SPAIN
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 20: NETHERLANDS
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 21: POLAND
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 22: NORWAY
ALUMINUM MARKET, 2023-2030 (IN $ MILLION)
FIGURE 23: REST OF
EUROPE ALUMINUM MARKET, 2023-2030 (IN $ MILLION)