Market Overview:
The global aluminum-based master alloy market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aluminum alloys from various end-use industries, such as copper and copper alloy, and aluminum industry. In terms of type, the silicon aluminum segment is projected to lead the global market during the forecast period owing to its properties such as high strength-to-weight ratio and corrosion resistance. In terms of application, the copper and copper alloy segment is projected to lead the global market during the forecast period owing to its properties such as high electrical conductivity and thermal conductivity.
Product Definition:
An aluminum-based master alloy is a metal alloy that contains a high percentage of aluminum. These alloys are used to create other metal alloys by adding small amounts of other metals to the mix. This process is known as dilution, and it allows for the production of alloys with specific properties that can be used in a variety of applications. The importance of aluminum-based master alloys lies in their ability to create custom alloys with precise properties, allowing for greater flexibility and control over the end product.
Silicon Aluminum:
Silicon aluminum is a special type of aluminum, which has been processed by removing the metal from the alloying element (silicon) and then adding it back to the finished product. The process of removing silicon from aluminum is called purification and involves two stages: primary and secondary separation.
The primary stage comprises physical treatment (such as annealing, normalizing, surface treatment, etc.) followed by flotation & leaching treatments in order to extract pure metal.
Beryllium Aluminum:
Beryllium aluminum is a special type of master alloy which consists of aluminum and beryllium. Beryllium is an expensive metal, its cost being 10 to 20 times higher than that of aluminum. The production process for the product involves melting together the two metals at temperatures greater than 1400 degrees Celsius under high pressure in order to obtain a homogenous mixture.
Application Insights:
Copper and copper alloys application segment led the market and accounted for more than 45% of the global revenue share in 2017. The segment is expected to witness significant growth on account of increasing demand from construction, automotive, electrical & electronics industries. In addition, factors such as low carbon emission along with sustainable production practices are projected to drive product demand in this application over the forecast period.
The industry has witnessed a paradigm shift due to technological advancements coupled with economic recovery post-recessionary period of 2009-10. Copper and its alloys have been identified as one of the vital metals that constitute a large part of industrial economies across various regions including Asia Pacific and North America; these factors are anticipated to further propel industry expansion over next eight years or so.
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 and Malaysia. Increasing population coupled with rising living standards have spurred demand for consumer goods across these developing nations. Growing automotive production has also fueled demand for aluminum-based master alloys in this region.
The growing aerospace industry across Europe has also resulted in high product consumption since 2010s owing to a shift from diesel engines towards electric motors on account of environmental regulations by EPA and CSA (European Commission). However, sluggish growth of end-use industries such as energy; transportation; construction; electronics; medical devices among others may hinder market growth over the next eight years.
North America accounted for a significant share of revenue due to presence of key players such as Nippon Steel & Sumitomo Metal Corporation (NSSMC) that produce specialty steel products including bars.
Growth Factors:
- Growing demand from end-use industries such as construction, automotive and transportation sectors is expected to drive the growth of aluminum-based master alloy market over the forecast period.
- Increasing use of lightweight materials in automobiles for fuel efficiency is anticipated to propel the demand for aluminum-based master alloys over the next few years.
- Rising awareness about benefits of using aluminum alloys, such as high strength-to-weight ratio and corrosion resistance, is projected to boost the market growth in near future.
- Technological advancements in manufacturing processes are likely to create new opportunities for aluminum based master alloy market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum-based Master Alloy Market Research Report
By Type
Silicon Aluminum, Beryllium Aluminum, Lithium Aluminum, Chrome Aluminum, Magnesium Aluminum, Titanium Aluminum, Others
By Application
Copper and Copper Alloy, Aluminum Industry
By Companies
KBM Affilips, AMG, Aleastur, SLM, Minex Metallurgical, Avon Metals, Zimalco, CERAFLUX, ACME, Silicor Materials, KBM Affilips, Hebei Sitong New Metal Material, Shenzhen Sunxing Light Alloy Materials, Nanjing Yunhai Special Metals, Sichuan Lande Industry, Xuzhou Huatian Metal Flux, BHN Special Material, ZS Advanced Materials, Hunan Jinlianxing Special Materials, Aida Alloys, Jiangxi Hongke Special Alloys, Huazhong Aluminium
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum-based Master Alloy Market Report Segments:
The global Aluminum-based Master Alloy market is segmented on the basis of:
Types
Silicon Aluminum, Beryllium Aluminum, Lithium Aluminum, Chrome Aluminum, Magnesium Aluminum, Titanium Aluminum, Others
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
Copper and Copper Alloy, Aluminum Industry
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:
- KBM Affilips
- AMG
- Aleastur
- SLM
- Minex Metallurgical
- Avon Metals
- Zimalco
- CERAFLUX
- ACME
- Silicor Materials
- KBM Affilips
- Hebei Sitong New Metal Material
- Shenzhen Sunxing Light Alloy Materials
- Nanjing Yunhai Special Metals
- Sichuan Lande Industry
- Xuzhou Huatian Metal Flux
- BHN Special Material
- ZS Advanced Materials
- Hunan Jinlianxing Special Materials
- Aida Alloys
- Jiangxi Hongke Special Alloys
- Huazhong Aluminium
Highlights of The Aluminum-based Master Alloy 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:
- Silicon Aluminum
- Beryllium Aluminum
- Lithium Aluminum
- Chrome Aluminum
- Magnesium Aluminum
- Titanium Aluminum
- Others
- By Application:
- Copper and Copper Alloy
- Aluminum Industry
- 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-based Master Alloy 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.
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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-based master alloys are a type of alloy that is made up of aluminum and other elements. They are used in a variety of applications, including aircrafts and cars.
Some of the key players operating in the aluminum-based master alloy market are KBM Affilips, AMG, Aleastur, SLM, Minex Metallurgical, Avon Metals, Zimalco, CERAFLUX, ACME, Silicor Materials, KBM Affilips, Hebei Sitong New Metal Material, Shenzhen Sunxing Light Alloy Materials, Nanjing Yunhai Special Metals, Sichuan Lande Industry, Xuzhou Huatian Metal Flux, BHN Special Material, ZS Advanced Materials, Hunan Jinlianxing Special Materials, Aida Alloys, Jiangxi Hongke Special Alloys, Huazhong Aluminium.
The aluminum-based master alloy market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum-based Master Alloy 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-based Master Alloy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aluminum-based Master Alloy 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-based Master Alloy 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-based Master Alloy Market Size & Forecast, 2018-2028 4.5.1 Aluminum-based Master Alloy Market Size and Y-o-Y Growth 4.5.2 Aluminum-based Master Alloy Market Absolute $ Opportunity
Chapter 5 Global Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
5.2.1 Silicon Aluminum
5.2.2 Beryllium Aluminum
5.2.3 Lithium Aluminum
5.2.4 Chrome Aluminum
5.2.5 Magnesium Aluminum
5.2.6 Titanium Aluminum
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Applications
6.2.1 Copper and Copper Alloy
6.2.2 Aluminum Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum-based Master Alloy 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-based Master Alloy 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-based Master Alloy Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
9.6.1 Silicon Aluminum
9.6.2 Beryllium Aluminum
9.6.3 Lithium Aluminum
9.6.4 Chrome Aluminum
9.6.5 Magnesium Aluminum
9.6.6 Titanium Aluminum
9.6.7 Others
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-based Master Alloy Market Size Forecast by Applications
9.10.1 Copper and Copper Alloy
9.10.2 Aluminum Industry
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-based Master Alloy Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
10.6.1 Silicon Aluminum
10.6.2 Beryllium Aluminum
10.6.3 Lithium Aluminum
10.6.4 Chrome Aluminum
10.6.5 Magnesium Aluminum
10.6.6 Titanium Aluminum
10.6.7 Others
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-based Master Alloy Market Size Forecast by Applications
10.10.1 Copper and Copper Alloy
10.10.2 Aluminum Industry
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-based Master Alloy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
11.6.1 Silicon Aluminum
11.6.2 Beryllium Aluminum
11.6.3 Lithium Aluminum
11.6.4 Chrome Aluminum
11.6.5 Magnesium Aluminum
11.6.6 Titanium Aluminum
11.6.7 Others
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-based Master Alloy Market Size Forecast by Applications
11.10.1 Copper and Copper Alloy
11.10.2 Aluminum Industry
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-based Master Alloy Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
12.6.1 Silicon Aluminum
12.6.2 Beryllium Aluminum
12.6.3 Lithium Aluminum
12.6.4 Chrome Aluminum
12.6.5 Magnesium Aluminum
12.6.6 Titanium Aluminum
12.6.7 Others
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-based Master Alloy Market Size Forecast by Applications
12.10.1 Copper and Copper Alloy
12.10.2 Aluminum Industry
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-based Master Alloy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum-based Master Alloy 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-based Master Alloy Market Size Forecast by Type
13.6.1 Silicon Aluminum
13.6.2 Beryllium Aluminum
13.6.3 Lithium Aluminum
13.6.4 Chrome Aluminum
13.6.5 Magnesium Aluminum
13.6.6 Titanium Aluminum
13.6.7 Others
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-based Master Alloy Market Size Forecast by Applications
13.10.1 Copper and Copper Alloy
13.10.2 Aluminum Industry
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-based Master Alloy Market: Competitive Dashboard
14.2 Global Aluminum-based Master Alloy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KBM Affilips
14.3.2 AMG
14.3.3 Aleastur
14.3.4 SLM
14.3.5 Minex Metallurgical
14.3.6 Avon Metals
14.3.7 Zimalco
14.3.8 CERAFLUX
14.3.9 ACME
14.3.10 Silicor Materials
14.3.11 KBM Affilips
14.3.12 Hebei Sitong New Metal Material
14.3.13 Shenzhen Sunxing Light Alloy Materials
14.3.14 Nanjing Yunhai Special Metals
14.3.15 Sichuan Lande Industry
14.3.16 Xuzhou Huatian Metal Flux
14.3.17 BHN Special Material
14.3.18 ZS Advanced Materials
14.3.19 Hunan Jinlianxing Special Materials
14.3.20 Aida Alloys
14.3.21 Jiangxi Hongke Special Alloys
14.3.22 Huazhong Aluminium