Market Overview:
The global 3003 aluminum alloy sheet 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 3003 aluminum alloy sheet in various applications, such as packing, architecture, transport, electronics and aerospace. In terms of type, the hammer grain segment is expected to lead the global 3003 aluminum alloy sheet market during the forecast period. This can be attributed to its superior properties such as high strength-to-weight ratio and corrosion resistance.
Product Definition:
3003 aluminum alloy sheet is a kind of alloy sheet made of aluminum, manganese and magnesium. It has good corrosion resistance and oxidation resistance. It is usually used in architectural decoration, kitchenware, tableware, etc.
Hammer Grain:
Hammer grain is a type of crystal or irregularity in the surface of an aluminum sheet. It's appearance can be seen with the naked eye when light is reflected on it in certain angles. The size and shape of hammer grains have different effects on 3003 aluminum alloy sheets, which depend upon its location and size.
Matrix for Embossing:
The matrix for embossing is a thin layer of aluminum that is applied between the polymer and metal to be embossed. It helps in increasing the overall strength of the product along with providing additional support to sharp corners and edges. The process also adds an aesthetic appeal by creating a texture on one or both sides of 3003 aluminum sheet products.
Application Insights:
3003 aluminum alloy sheet finds major applications in transport, architecture, packing and electronics. In terms of revenue, the transport segment dominated the global industry with a share of 33.0% in 2017. The product is widely used to manufacture lightweight vehicles & parts which are essential for aerospace application owing to its excellent strength-to-weight ratio and high corrosion resistance. 3003 aluminum alloy sheets are also used extensively in aircraft components such as landing gear doors and wings where light weight is an important factor for performance enhancement.
The packaging segment was valued at USD 159 million in 2017 on account of its extensive use as food container among other uses including pharmaceutical packaging material due to properties such as high chemical inertness.
Regional Analysis:
The industry in North America is expected to grow at a moderate pace owing to the mature nature of the manufacturing sector. However, increasing demand for light weight vehicles and favorable government regulations are expected to drive market growth over the forecast period. The 3003 aluminum alloy sheet market in Europe accounted for over 28% of global volume share in 2017 on account of rising automotive production coupled with growing construction activities.
Asia Pacific was estimated as the largest consumer with a revenue share exceeding 24% owing to rapid industrialization and urbanization resulting into increased construction spending along with robust economic growth rates which is anticipated to propel product demand from 2018-2030 periods.
Growth Factors:
- Increasing demand from transportation and construction industries
- Growing popularity of lightweight and durable aluminum alloys in automotive sector
- Rising awareness about the benefits of 3003 aluminum alloy among consumers
- Technological advancements that have led to the development of new applications for the metal alloy
- Growing number of manufacturing facilities across key regions
Scope Of The Report
Report Attributes
Report Details
Report Title
3003 Aluminum Alloy Sheet Market Research Report
By Type
Hammer Grain, Matrix for Embossing
By Application
Packing, Architecture, Transport, Electronics, Aerospace
By Companies
ALCOA, Constellium, Norsk Hydro, Aleris, Novelis, Kobe Steel, UACJ, AMAG, Alba, Hindalco Industries, Toyal
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global 3003 Aluminum Alloy Sheet Market Report Segments:
The global 3003 Aluminum Alloy Sheet market is segmented on the basis of:
Types
Hammer Grain, Matrix for Embossing
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
Packing, Architecture, Transport, Electronics, Aerospace
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:
- ALCOA
- Constellium
- Norsk Hydro
- Aleris
- Novelis
- Kobe Steel
- UACJ
- AMAG
- Alba
- Hindalco Industries
- Toyal
Highlights of The 3003 Aluminum Alloy Sheet 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:
- Hammer Grain
- Matrix for Embossing
- By Application:
- Packing
- Architecture
- Transport
- Electronics
- Aerospace
- 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 3003 Aluminum Alloy Sheet 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?
3003 aluminum alloy sheet is a type of aluminum alloy that has been heat treated to improve its strength and durability. It is also known as Type IIIb, which is the most common grade of aluminum alloy.
Some of the key players operating in the 3003 aluminum alloy sheet market are ALCOA, Constellium, Norsk Hydro, Aleris, Novelis, Kobe Steel, UACJ, AMAG, Alba, Hindalco Industries, Toyal.
The 3003 aluminum alloy sheet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3003 Aluminum Alloy Sheet 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 3003 Aluminum Alloy Sheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3003 Aluminum Alloy Sheet 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 3003 Aluminum Alloy Sheet 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 3003 Aluminum Alloy Sheet Market Size & Forecast, 2020-2028
4.5.1 3003 Aluminum Alloy Sheet Market Size and Y-o-Y Growth
4.5.2 3003 Aluminum Alloy Sheet Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hammer Grain
5.2.2 Matrix for Embossing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Packing
6.2.2 Architecture
6.2.3 Transport
6.2.4 Electronics
6.2.5 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3003 Aluminum Alloy Sheet 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 3003 Aluminum Alloy Sheet 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hammer Grain
9.6.2 Matrix for Embossing
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 Market Size Forecast by Applications
9.10.1 Packing
9.10.2 Architecture
9.10.3 Transport
9.10.4 Electronics
9.10.5 Aerospace
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hammer Grain
10.6.2 Matrix for Embossing
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 Market Size Forecast by Applications
10.10.1 Packing
10.10.2 Architecture
10.10.3 Transport
10.10.4 Electronics
10.10.5 Aerospace
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hammer Grain
11.6.2 Matrix for Embossing
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 Market Size Forecast by Applications
11.10.1 Packing
11.10.2 Architecture
11.10.3 Transport
11.10.4 Electronics
11.10.5 Aerospace
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hammer Grain
12.6.2 Matrix for Embossing
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 Market Size Forecast by Applications
12.10.1 Packing
12.10.2 Architecture
12.10.3 Transport
12.10.4 Electronics
12.10.5 Aerospace
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hammer Grain
13.6.2 Matrix for Embossing
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) Market Size Forecast by Applications
13.10.1 Packing
13.10.2 Architecture
13.10.3 Transport
13.10.4 Electronics
13.10.5 Aerospace
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 3003 Aluminum Alloy Sheet Market: Competitive Dashboard
14.2 Global 3003 Aluminum Alloy Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALCOA
14.3.2 Constellium
14.3.3 Norsk Hydro
14.3.4 Aleris
14.3.5 Novelis
14.3.6 Kobe Steel
14.3.7 UACJ
14.3.8 AMAG
14.3.9 Alba
14.3.10 Hindalco Industries
14.3.11 Toyal
