Market Overview:
The global aluminum flat products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for aluminum in various end-use industries such as automotive, transportation, building & infrastructure, electrical & electronics and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the burgeoning automotive and transportation industry in countries such as China and India.
Product Definition:
Aluminum Flat Products are thin sheets of aluminum that have been cut to a specific size and shape. They are often used in construction, manufacturing, and engineering projects.
Flat Bars:
Flat bars, also known as aluminum flat products or AFPs are manufactured using an extrusion process and can be defined as a continuous piece of metal with uniform thickness throughout. It is generally produced in two forms including cast alloy and cold-rolled steel. The most commonly used materials for producing flat bars include aluminum, copper alloys, brass, titanium and stainless steel among others.
Foil Stock:
Foil stock is a thin, aluminum-based sheet metal that is rolled out to form an inner layer in the manufacturing of cans. It provides strength and rigidity to the can along with preventing dents and dings in its surface. The product also helps prevent food from getting contaminated due to its smooth finish.
Application Insights:
Building and infrastructure was the largest application segment in 2017, accounting for a volume share of over 50%. The growth can be attributed to increasing construction activities across the globe. In addition, demand from residential and commercial buildings is also expected to propel industry growth.
Automotive and transportation is another key application segment owing to rising automotive production globally. Aluminum flat products are widely used in automotive applications such as body structure, hoods & roofs, power trains & transmissions, exterior components (wheel housing extrusions), interior components (seats), headliners/trim/cabintes and trim plates among others.
The consumer goods sector includes appliances including washing machines & tumble dryers among others that consume large amounts of aluminum flat products due to their lightweight properties which makes them suitable for use in consumer electronics as well as other small appliances such as microwaves among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Malaysia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as rapid urbanization & industrialization; increasing per capita income; changing lifestyle of consumers; and rising demand for consumer goods & electronics from these regions.
China was one of the largest producers as well as consumers of aluminum flat products in Asia Pacific. The country accounted for a share of more than 50% production capacity across all types of aluminum flat products due to large-scale investments made by domestic manufacturers along with growing consumption levels within the country itself. In addition, favorable government policies encouraging FDI through automatic route are likely to attract significant investment from international companies which will further boost regional growth over next eight years (2018 - 2027).
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global automotive and transportation sector is growing at a rapid pace, owing to the increasing population and rising income levels in developing countries. This is resulting in an increase in the demand for aluminum flat products, as they are extensively used in these sectors for manufacturing various components.
- Growing demand from the construction sector: The global construction industry is witnessing a steady growth, due to the increasing urbanization and infrastructure development across different regions of the world. This is leading to an increase in the demand for aluminum flat products, as they are extensively used in this sector for manufacturing various components such as window frames, door frames, roofing sheets etc.
- Rising popularity of lightweight vehicles: There has been a growing trend towards lightweight vehicles over recent years due to their better fuel efficiency and lower emissions levels as compared to traditional heavy vehicles. This is resulting in an increased use of aluminum flat products in vehicle manufacturing applications worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Flat Products Market Research Report
By Type
Flat Bars, Foil Stock, Fin Stock, Sheets, Plates, Circles
By Application
Building & Infrastructure, Automotive & Transportation, Consumer Goods, Equipment & Machinery, Electrical & Electronics, Packaging, Others
By Companies
Chalco, Hindalco Industries Limited, Aleris Corporation, Xinfa Group, UACJ Corporation Maharashtra Metal, Norsk Hydro, Constellium, Arconic, JW Aluminum, National Aluminum Company Limited (NALCO), Elvalhalcor Hellenic Copper and Aluminum Industry S.A., Alcoa Corporation, Novelis, Logan Aluminum, Rusal
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Flat Products Market Report Segments:
The global Aluminum Flat Products market is segmented on the basis of:
Types
Flat Bars, Foil Stock, Fin Stock, Sheets, Plates, Circles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Infrastructure, Automotive & Transportation, Consumer Goods, Equipment & Machinery, Electrical & Electronics, Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chalco
- Hindalco Industries Limited
- Aleris Corporation
- Xinfa Group
- UACJ Corporation Maharashtra Metal
- Norsk Hydro
- Constellium
- Arconic
- JW Aluminum
- National Aluminum Company Limited (NALCO)
- Elvalhalcor Hellenic Copper and Aluminum Industry S.A.
- Alcoa Corporation
- Novelis
- Logan Aluminum
- Rusal
Highlights of The Aluminum Flat Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flat Bars
- Foil Stock
- Fin Stock
- Sheets
- Plates
- Circles
- By Application:
- Building & Infrastructure
- Automotive & Transportation
- Consumer Goods
- Equipment & Machinery
- Electrical & Electronics
- Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Flat Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum flat products are a type of aluminum foil that is thinner than traditional aluminum foil and has a smooth, glossy finish. They are often used for packaging or as an alternative to plastic wrap.
Some of the major players in the aluminum flat products market are Chalco, Hindalco Industries Limited, Aleris Corporation, Xinfa Group, UACJ Corporation Maharashtra Metal, Norsk Hydro, Constellium, Arconic, JW Aluminum, National Aluminum Company Limited (NALCO), Elvalhalcor Hellenic Copper and Aluminum Industry S.A., Alcoa Corporation, Novelis, Logan Aluminum, Rusal.
The aluminum flat products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Flat Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Flat Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Flat Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Flat Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Flat Products Market Size & Forecast, 2018-2028
4.5.1 Aluminum Flat Products Market Size and Y-o-Y Growth
4.5.2 Aluminum Flat Products Market Absolute $ Opportunity
Chapter 5 Global Aluminum Flat Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Flat Products Market Size Forecast by Type
5.2.1 Flat Bars
5.2.2 Foil Stock
5.2.3 Fin Stock
5.2.4 Sheets
5.2.5 Plates
5.2.6 Circles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Flat Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Flat Products Market Size Forecast by Applications
6.2.1 Building & Infrastructure
6.2.2 Automotive & Transportation
6.2.3 Consumer Goods
6.2.4 Equipment & Machinery
6.2.5 Electrical & Electronics
6.2.6 Packaging
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Flat Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Flat Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Flat Products Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Flat Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Flat Products Market Size Forecast by Type
9.6.1 Flat Bars
9.6.2 Foil Stock
9.6.3 Fin Stock
9.6.4 Sheets
9.6.5 Plates
9.6.6 Circles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Flat Products Market Size Forecast by Applications
9.10.1 Building & Infrastructure
9.10.2 Automotive & Transportation
9.10.3 Consumer Goods
9.10.4 Equipment & Machinery
9.10.5 Electrical & Electronics
9.10.6 Packaging
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Flat Products Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Flat Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Flat Products Market Size Forecast by Type
10.6.1 Flat Bars
10.6.2 Foil Stock
10.6.3 Fin Stock
10.6.4 Sheets
10.6.5 Plates
10.6.6 Circles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Flat Products Market Size Forecast by Applications
10.10.1 Building & Infrastructure
10.10.2 Automotive & Transportation
10.10.3 Consumer Goods
10.10.4 Equipment & Machinery
10.10.5 Electrical & Electronics
10.10.6 Packaging
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Flat Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Flat Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Flat Products Market Size Forecast by Type
11.6.1 Flat Bars
11.6.2 Foil Stock
11.6.3 Fin Stock
11.6.4 Sheets
11.6.5 Plates
11.6.6 Circles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Flat Products Market Size Forecast by Applications
11.10.1 Building & Infrastructure
11.10.2 Automotive & Transportation
11.10.3 Consumer Goods
11.10.4 Equipment & Machinery
11.10.5 Electrical & Electronics
11.10.6 Packaging
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Flat Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Flat Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Flat Products Market Size Forecast by Type
12.6.1 Flat Bars
12.6.2 Foil Stock
12.6.3 Fin Stock
12.6.4 Sheets
12.6.5 Plates
12.6.6 Circles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Flat Products Market Size Forecast by Applications
12.10.1 Building & Infrastructure
12.10.2 Automotive & Transportation
12.10.3 Consumer Goods
12.10.4 Equipment & Machinery
12.10.5 Electrical & Electronics
12.10.6 Packaging
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Flat Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Flat Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Flat Products Market Size Forecast by Type
13.6.1 Flat Bars
13.6.2 Foil Stock
13.6.3 Fin Stock
13.6.4 Sheets
13.6.5 Plates
13.6.6 Circles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Flat Products Market Size Forecast by Applications
13.10.1 Building & Infrastructure
13.10.2 Automotive & Transportation
13.10.3 Consumer Goods
13.10.4 Equipment & Machinery
13.10.5 Electrical & Electronics
13.10.6 Packaging
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Flat Products Market: Competitive Dashboard
14.2 Global Aluminum Flat Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chalco
14.3.2 Hindalco Industries Limited
14.3.3 Aleris Corporation
14.3.4 Xinfa Group
14.3.5 UACJ Corporation Maharashtra Metal
14.3.6 Norsk Hydro
14.3.7 Constellium
14.3.8 Arconic
14.3.9 JW Aluminum
14.3.10 National Aluminum Company Limited (NALCO)
14.3.11 Elvalhalcor Hellenic Copper and Aluminum Industry S.A.
14.3.12 Alcoa Corporation
14.3.13 Novelis
14.3.14 Logan Aluminum
14.3.15 Rusal
