Market Overview:
The global alumina and aluminum production and processing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for aluminum from the automotive, manufacturing, and industrial sectors. In terms of volume, the global alumina and aluminum production and processing market was valued at 234 million metric tons in 2017 and is projected to reach 318 million metric tons by 2030. In terms of type, the secondary smelting and alloying of aluminum segment accounted for the majority share (64%) of the global alumina and aluminum production and processing market in 2017. This segment is projected to grow at a CAGR of 5% during the forecast period owing to rising demand for lightweight alloys from various end-use industries such as automotive, aerospace & defense, marine & shipping, construction & infrastructure development etc.
Product Definition:
Aluminum production and processing is the conversion of alumina to aluminum. It is important because it allows for the production of a lightweight metal that has many uses.
Secondary Smelting and Alloying of Aluminum:
Secondary smelting and alloying of aluminum is a process in which the primary or initial smelting is done with the help of electric arc furnaces, induction furnaces, gas-fired furnace and fluidized bed reactors. The second stage consists of heating the melt in an electric arc furnace or Induction Furnace (IF) till 1400°C to 1650°C. After that, it is transferred to an ingot mould for cooling and solidification.
Alumina Refining and Primary Aluminum Production:
Alumina Refining and Primary Aluminum Production and it's usage in Alumina and Aluminum Production Market Size, Share & Trends Analysis Report By Product (Refined Alumina, Primary aluminum), By Region (North America, Europe, Asia Pacific) And Segment Forecasts, 2019 - 2025 -> The global alumina refining and primary aluminum production market size was valued at USD 2.5 billion in 2018.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a high strength-to-weight ratio, which makes it suitable for use as an automotive component. It also helps reduce fuel consumption by reducing vehicle weight. Furthermore, increasing focus on green technology is driving alumina refineries to develop new refining processes that are more environmentally friendly and produce fewer emissions. This factor is anticipated to drive industry growth over the coming years.
The manufacture segment held a significant share of revenue in 2017 owing to rising demand from construction industries across various regions including Asia Pacific, Middle East & Africa and North America due to growing urbanization needs coupled with strong economic growth resulting in increased spending on home improvement projects such as kitchen remodeling that involves using alumina products for their coatings applications such as countertops, sinks.
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 key automotive, aerospace, and manufacturing industry participants from China, Japan, South Korea, India among others. These countries are major producers of primary aluminum as well as secondary aluminum smelting products such as bauxite ore concentrates and refined alumina.
The Asia Pacific regional market for alumina production & processing was valued at USD X billion in 2017 owing to high demand from end-use industries coupled with increasing investments for capacity expansion or new product launches by various players including Alcoa Inc.; Rio Tinto; Norsk Hydro; Bayer AG; Inco Limited (ExxonMobil); SSAB AB; Outokumpu Abp Oyj.
Growth Factors:
- Growing demand from end-use industries such as automotive, construction, and packaging
- Increasing substitution of aluminum by other materials in various applications
- Rising prices of raw materials used in production process
- Technological advancements for improving the efficiency and quality of alumina and aluminum products
- Expansion of global manufacturing base
Scope Of The Report
Report Attributes
Report Details
Report Title
Alumina and Aluminum Production and Processing Market Research Report
By Type
Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production
By Application
Automotive, Manufacture, Industry, Others
By Companies
Rio Tinto, Hongqiao, United Co RUSAL, Alcoa, Norsk Hydro
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Alumina and Aluminum Production and Processing Market Report Segments:
The global Alumina and Aluminum Production and Processing market is segmented on the basis of:
Types
Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production
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
Automotive, Manufacture, Industry, 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:
- Rio Tinto
- Hongqiao
- United Co RUSAL
- Alcoa
- Norsk Hydro
Highlights of The Alumina and Aluminum Production and Processing 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:
- Secondary Smelting and Alloying of Aluminum
- Alumina Refining and Primary Aluminum Production
- By Application:
- Automotive
- Manufacture
- Industry
- 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 Alumina and Aluminum Production and Processing 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?
Alumina and aluminum production and processing is the process of producing alumina from raw materials, such as bauxite, and then manufacturing aluminum products. Alumina is a white crystalline material that has many uses in industry, including in the production of aluminum cans and other food packaging. Aluminum processing also includes the manufacture of aircraft parts, medical equipment, electrical components, vehicles, and more.
Some of the major players in the alumina and aluminum production and processing market are Rio Tinto, Hongqiao, United Co RUSAL, Alcoa, Norsk Hydro.
The alumina and aluminum production and processing 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 Alumina and Aluminum Production and Processing 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 Alumina and Aluminum Production and Processing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alumina and Aluminum Production and Processing 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 Alumina and Aluminum Production and Processing 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 Alumina and Aluminum Production and Processing Market Size & Forecast, 2020-2028
4.5.1 Alumina and Aluminum Production and Processing Market Size and Y-o-Y Growth
4.5.2 Alumina and Aluminum Production and Processing 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 Secondary Smelting and Alloying of Aluminum
5.2.2 Alumina Refining and Primary Aluminum Production
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 Automotive
6.2.2 Manufacture
6.2.3 Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alumina and Aluminum Production and Processing 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 Alumina and Aluminum Production and Processing 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 Secondary Smelting and Alloying of Aluminum
9.6.2 Alumina Refining and Primary Aluminum Production
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 Automotive
9.10.2 Manufacture
9.10.3 Industry
9.10.4 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 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 Secondary Smelting and Alloying of Aluminum
10.6.2 Alumina Refining and Primary Aluminum Production
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 Automotive
10.10.2 Manufacture
10.10.3 Industry
10.10.4 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 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 Secondary Smelting and Alloying of Aluminum
11.6.2 Alumina Refining and Primary Aluminum Production
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 Automotive
11.10.2 Manufacture
11.10.3 Industry
11.10.4 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 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 Secondary Smelting and Alloying of Aluminum
12.6.2 Alumina Refining and Primary Aluminum Production
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 Automotive
12.10.2 Manufacture
12.10.3 Industry
12.10.4 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) 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 Secondary Smelting and Alloying of Aluminum
13.6.2 Alumina Refining and Primary Aluminum Production
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 Automotive
13.10.2 Manufacture
13.10.3 Industry
13.10.4 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 Alumina and Aluminum Production and Processing Market: Competitive Dashboard
14.2 Global Alumina and Aluminum Production and Processing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rio Tinto
14.3.2 Hongqiao
14.3.3 United Co RUSAL
14.3.4 Alcoa
14.3.5 Norsk Hydro
