Market Overview:
The global aluminum flat-rolled product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum products from the automotive and electronics industries. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of this market. Furthermore, rising disposable income levels in developing countries are also propelling the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market during the forecast period. On basis on type, plates segment is anticipated to hold dominant position over other segments by 2030 end with estimated value share close to 50%. On basis on application, electronics segment is projected register highest CAGR over forecast period owing surging demand across globe specifically from China and India markets followed by automotive sector which will account second highest CAGR over same duration owing stringent emission norms being implemented globally along with upcoming electric vehicles that would require significant quantities aluminium sheets & foils as body panels & structural components respectively .
Product Definition:
Aluminum Flat-rolled Product is a thin sheet of aluminum that has been rolled out into a flat shape. It is often used in construction and manufacturing, as it is strong and lightweight.
Plates:
Plates are used in aluminum flat-rolled products for thickness measurement during the manufacturing process. It is a non-consumable product and hence has no direct use after the end of production. The plates are made from aluminum sheets that have been processed through die casting, billet mills or extrusion processes to produce a finished plate with uniform thickness throughout.
Plates can be classified on the basis of their functions such as inspection, measuring, sorting and controlling among others which include storing.
Sheets:
Sheets are thin pieces of metal that are used in aluminum flat-rolled products for providing additional strength and rigidity. They also provide a smooth finish to the product. The sheets can be either cold-rolled or hot-rolled, depending on the requirements of the manufacturer and application. Cold rolling is usually preferred over hot rolling as it results in lower material costs, especially for low value applications such as automotive sheeting and consumer electronics packaging where cost is an important factor.
Application Insights:
The automotive application segment accounted for the largest volume share of over 30% in 2017. The rising demand for lightweight and high-strength aluminum flat-rolled products is expected to drive the growth of this segment. In addition, increasing production capacities in major economies including China, Japan, South Korea and Taiwan are anticipated to fuel industry expansion over the forecast period.
Electronics was one of the prominent applications that accounted for a significant volume share in 2017 owing to its lightweight properties and ability to meet stringent requirements on size consistency across various processes during manufacturing. Aluminum sheets have low density compared with steel or plastic materials; this makes them suitable for use in electronic appliances such as laptops & tablets where thinness is crucial factor affecting product demand.
Regional Analysis:
Asia Pacific dominated the global aluminum flat-rolled product market in 2017. The region is expected to maintain its position during the forecast period owing to rapid industrialization and increasing per capita income of consumers. China, India, Japan, South Korea and Taiwan are among the largest markets for aluminum flat-rolled products globally.
The Asia Pacific economy is characterized by a large number of manufacturers with low labor costs as compared to developed regions such as North America and Europe. This has attracted numerous automotive OEMs across all segments including luxury cars, compact cars/utility vehicles (CUV), medium & heavy commercial vehicles (MHCV) over the past few years which will have a positive impact on industry growth over the next eight years or so.
Europe accounted for approximately 20% of total market share in terms of volume in 2017 due to high demand from key end-use industries such as automotive.
Growth Factors:
- Growing demand from the automotive and transportation sector: The global aluminum flat-rolled product market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the automotive and transportation sector. Aluminum is extensively used in automobiles as it is lightweight and does not corrode easily. It also offers good thermal and electrical conductivity, which makes it an ideal material for various applications in automobiles such as engines, body panels, chassis, etc.
- Rising demand for lightweight materials: With stringent regulations being imposed on carbon emissions by governments across the globe, there is an increased focus on using lightweight materials in vehicles to improve fuel efficiency. This has led to a surge in demand for aluminum flat-rolled products as they are one of the lightest metals available commercially.
- Increasing investments in infrastructure development: The growth of economies around the world has led to an increase in investments in infrastructure development projects such as airports, seaports, hospitals, schools & colleges etc., which are boosting demand for aluminum products globally..
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Flat-rolled Product Market Research Report
By Type
Plates, Sheets, Foils
By Application
Electronics, Automotive, Consumer Goods
By Companies
Aleris, Alcoa, Metenere, ADM, JW Aluminum
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Flat-rolled Product Market Report Segments:
The global Aluminum Flat-rolled Product market is segmented on the basis of:
Types
Plates, Sheets, Foils
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
Electronics, Automotive, Consumer Goods
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:
- Aleris
- Alcoa
- Metenere
- ADM
- JW Aluminum
Highlights of The Aluminum Flat-rolled Product 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:
- Plates
- Sheets
- Foils
- By Application:
- Electronics
- Automotive
- Consumer Goods
- 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-rolled Product 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-rolled product is a type of aluminum sheet that has been flattened into a thin sheet. It is often used in the manufacturing of products, such as aircraft and automobile parts.
Some of the key players operating in the aluminum flat-rolled product market are Aleris, Alcoa, Metenere, ADM, JW Aluminum.
The aluminum flat-rolled product market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aluminum Flat-rolled Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aluminum Flat-rolled Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aluminum Flat-rolled Product Market - Supply Chain
4.5. Global Aluminum Flat-rolled Product Market Forecast
4.5.1. Aluminum Flat-rolled Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aluminum Flat-rolled Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aluminum Flat-rolled Product Market Absolute $ Opportunity
5. Global Aluminum Flat-rolled Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
5.3.1. Plates
5.3.2. Sheets
5.3.3. Foils
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aluminum Flat-rolled Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Automotive
6.3.3. Consumer Goods
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aluminum Flat-rolled Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aluminum Flat-rolled Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aluminum Flat-rolled Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aluminum Flat-rolled Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aluminum Flat-rolled Product Demand Share Forecast, 2019-2026
9. North America Aluminum Flat-rolled Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aluminum Flat-rolled Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Automotive
9.4.3. Consumer Goods
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
9.7.1. Plates
9.7.2. Sheets
9.7.3. Foils
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aluminum Flat-rolled Product Demand Share Forecast, 2019-2026
10. Latin America Aluminum Flat-rolled Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aluminum Flat-rolled Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Automotive
10.4.3. Consumer Goods
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
10.7.1. Plates
10.7.2. Sheets
10.7.3. Foils
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aluminum Flat-rolled Product Demand Share Forecast, 2019-2026
11. Europe Aluminum Flat-rolled Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aluminum Flat-rolled Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Automotive
11.4.3. Consumer Goods
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
11.7.1. Plates
11.7.2. Sheets
11.7.3. Foils
11.8. Basi Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aluminum Flat-rolled Product Demand Share, 2019-2026
12. Asia Pacific Aluminum Flat-rolled Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aluminum Flat-rolled Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Automotive
12.4.3. Consumer Goods
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
12.7.1. Plates
12.7.2. Sheets
12.7.3. Foils
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aluminum Flat-rolled Product Demand Share, 2019-2026
13. Middle East & Africa Aluminum Flat-rolled Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aluminum Flat-rolled Product Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aluminum Flat-rolled Product Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Automotive
13.4.3. Consumer Goods
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aluminum Flat-rolled Product Market Size and Volume Forecast by Type
13.7.1. Plates
13.7.2. Sheets
13.7.3. Foils
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aluminum Flat-rolled Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aluminum Flat-rolled Product Market: Market Share Analysis
14.2. Aluminum Flat-rolled Product Distributors and Customers
14.3. Aluminum Flat-rolled Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aleris
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alcoa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Metenere
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ADM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JW Aluminum
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
