High Strength Aluminium Alloys Market: Experts at DataM Gauge the Market CAGR at 7.2%
Posted: Jul 18, 2019
- Global High Strength Aluminium Alloys Market – Size, Share and Forecasts (2019-2026)’ from DataM Intelligence provides expert analysis into the market share, size, industry outlook, volume, major manufacturers and future trends in this industry.
The Global High Strength Aluminum Alloys is expected to grow at a CAGR of 7.2% during the forecast period (2018-2025). Improved mechanical properties of High Strength Alloys like higher strength-to-weight ratio, lightweight and better resistance to corrosion are among the primary drivers of the market.High Strength Aluminium Alloys Market Dynamics
The application of High Strength Aluminum Alloys in Aerospace and Defence vehicular components have been the primary drivers for the market.
Increasing demand for lightweight and corrosion resistance in automotive parts have pushed high strength aluminum alloys at the forefront of these industries.
The perfluorocarbons released during the smelting process of aluminum is more harmful than most of the greenhouse gases. The strip-mining involved also destroys the natural flora and fauna of the surrounding local area.
Head to this space to collect a free sample market research report-https://www.datamintelligence.com/research-report/high-strength-aluminium-alloys-marketHigh Strength Aluminium Alloys Market Segmentation
Based on Type, the market is segmented into Wrought Alloys and Cast Alloys. Wrought Alloys lead the market share currently as they are readily available in various forms and involve cost-effective processing.
Based on Strength, the market is segmented into High Strength and Ultra High Strength. High Strength alloys lead the market share because of improved mechanical properties associated with such alloys.
Global High Strength Aluminium Alloys Market Regional Share
Geographically, Asia Pacific leads with the higher market share as growing economies like China & India having larger populations and low-cost labor opportunities drive the market demand for High Strength Aluminum Alloys.
DataM analyses the complete scenario of the Global High Strength Aluminum Alloys market, market segmentation, geography analysis, companies, trends and opportunities in the market. The market is further categorized based by End-User, which includes Aerospace, Automotive, Marine, and Others. The report segments the geographies by regions, which include Asia Pacific, North America, South America, Europe, and RoW.High Strength Aluminium Alloys Market Competitive Analysis
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
The report profiles the following companies, which includes China Hongqiao Group, United Company RUSAL, Rio Tinto, Aluminum Bahrain, Hindalco Industries Limited, Norsk Hydro, Alcoa, Aluminum Corporation of China Limited, Aleris and Century Aluminum Company.
Global High Strength Aluminium Alloys Market Scope of the Report
Read more information about the report - https://www.datamintelligence.com/research-report/high-strength-aluminium-alloys-market
Contents of the research report are-Chapter 1. High Strength Aluminium Alloys Market - Methodology and ScopeChapter 2. Global High Strength Aluminum Alloys Market - TrendsChapter 3. Global High Strength Aluminum Alloys Market - Industry AnalysisChapter 4. Global High Strength Aluminum Alloys Market - Product Analysis
4.1. By Type
4.2. By Strength
4.3. By End-User
4.4. By GeographyChapter 5. Global High Strength Aluminum Alloys Market - Competitive LandscapeChapter 6. Global High Strength Aluminum Alloys Market - Company ProfilesChapter 7. Global High Strength Aluminium Alloys Market - Appendix
About DataM Intelligence
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.
DMI is currently strengthening its cross-industrial database for sectors including Alternative Energy, Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.
The author of this article is a content marketer for DataM Intelligence.