GLOBAL ALUMINIUM INDUSTRY:

Aluminum is a negatively charged metal with a significant affinity for oxygen. It is the world’s sixth most ductile and second most malleable metal. It is widely utilised in the food, packaging, and pharmaceutical industries since it is nontoxic, preserves food for lengthy periods of time, and prevents microbe growth. Because aluminium is a good electrical conductor, it is commonly used in electrical transmission lines. Due to its high volumetric energy density, it is also employed as the principal propellant for solid rocket booster motors in space shuttles. Aluminum also has corrosion resistance, reflectivity, and recyclability, which makes it a good choice for a variety of industrial applications. The increased demand for packaged foods, combined with automotive manufacturers’ increasing substitution of stainless steel for aluminium, is driving the industry. The industry is also growing due to rising demand for electric vehicles and OEM manufacturers.

ALUMINUM FLAT ROLLED PRODUCTS:

The Aluminum Flat Rolled Products Market is estimated to develop at a CAGR of 6.50 percent in the coming years. The market for aluminium rolled goods is growing in tandem with the rise of the automotive and transportation industries. Coils, sheets, and plates are examples of aluminium rolled goods, which are flat-rolled utilising cold rolling and hot rolling techniques. These goods are widely used in the automotive, transportation, construction, and building industries. In the automotive and transportation industries, the 6xxx grade is the most frequent. Because of rising consumer spending, changing lifestyles, and the expansion of the building and construction industry, Asia-Pacific dominates the aluminium rolled goods market. Because of the increasing demand for aluminium in the automotive industry, the implementation of stringent environmental regulations pertaining to carbon emissions from automobiles, and the demand for lightweight materials in the automotive industry, North America is considered to be the second largest market.

ALUMINUM EXTRUSION PRODUCTS:

Metal extrusion is the process of forcing aluminium to flow through a small aperture, usually a die, to shape it. Extruded aluminium takes on the same profile as die and is elongated. Because of its light weight, corrosion resistance, and good conductivity properties, aluminium extruded has a wide range of applications in industries like as automotive and aircraft. Because of its superior physical properties, aluminium extrusion goods are increasingly displacing steel products. Aluminum extruded goods are used in a variety of industries, including automotive and construction, to create lightweight goods. Significant aspects projected to drive market expansion include recyclable properties, lightweight construction, and improved conductivity. The Aluminum Extrusion Market is expected to increase at a rate of 5.22 percent during the next five years. Because of the rising end-use industries and rising adoption of a green solution, the global aluminium extrusion market has seen substantial growth. Furthermore, growing urbanisation, particularly in Asia Pacific’s emerging nations, is predicted to be a major driver of industry growth.

ALUMINIUM RECYCLING:

There are numerous primary and secondary producers in the aluminium business. Because the aluminium sector generates a wide range of products, scrap from the industry comes in a variety of shapes and sizes, and has a wide range of applications. Aluminum is one of the most profitable elements to recycle and has greater recycling rates all over the world. Aluminum cladding, vehicle parts, foils, and beverage cans are just a few examples of recyclable aluminium products. Many organisations are collecting aluminium scraps for sale to intermediaries and then to enterprises that repurpose the material to manufacture new goods due to the profitability of the industry. In a few circumstances, aluminium manufacturers will also purchase recovered aluminium. Because scrap aluminium is in high demand both domestically and internationally, the primary barrier to expanded recycling is on the supply side of the market, where companies would buy additional waste. Aluminum can be recycled in a variety of ways. Curbside and municipal programmes are the most common consumer programmes. Beverage cans, aluminium foil, aluminium baking trays, and pie pans are all recycled in these schemes. The aluminium sector is a strong supporter of the Recycling Partnership, a programme aimed at promoting curbside recycling participation. Building and vehicle parts are gathered for recycling as part of these schemes.

INDIA MARKET OUTLOOK:

India is the world’s fourth largest producer of aluminium, accounting for approximately 5.3 percent of worldwide output. It boasts about 10% of the world’s bauxite reserves and a bauxite-dependent aluminium industry. In the case of alumina, India also has a significant cost advantage in terms of production and conversion costs. Furthermore, increased infrastructural development and car production are boosting this sector’s growth inside the country. Primary aluminium, aluminium extrusions, aluminium rolled goods, and alumina chemicals are the principal products of the Indian aluminium sector. Engineering, electrical and electronics, vehicle and vehicle components, and other sectors rely on the industry to fulfil their needs.

SOME ALUMINIUM BASED PRODUCTS:

• Cans
• Sheet
• Profiles
• Doors
• Windows
• Aluminium Alloys
• Tubes and Bars
• Round Bars
• Channels
• Angles
• Coils
• Bars
• Extruded Rods
• Sheets
• Foil 

GLOBAL MARKET OUTLOOK:

The Aluminum Market is growing at a rate of 3.2 percent each year. The development of the transportation industry, technological advancements in aluminium manufacturing technologies and processing equipment, and an increase in the use of aluminium in various industries such as building & construction and foil & packaging are all driving the global aluminium market forward. Due to massive urbanisation, increased income of individuals living in metropolitan areas, and rapid industrial development, Asia-Pacific is the leading region in terms of growth. Furthermore, the market’s growth is fueled by continuous advancements in the transportation industry and ongoing R&D activities to develop innovative, more effective, and less expensive aluminium products. The rise of the market is aided by rising demand from growing economies such as China and India, as well as an increase in the use of recycled aluminium goods around the world.

TOP PLAYERS WORLDWIDE:

• Aluminum Corporation of China (Chalco)
• Bharat Aluminium Company Limited (BACL)
• Hongqiao Group
• Rusal
• Indian Aluminium Company Limited (IACL) Xinfa
• Rio Tinto
• Kennametal India
• Emirates Global Aluminium
• Sujana Metal Products
• Norsk Hydro
• Hindalco