Market Overview:
The global aluminum based strips market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for aluminum based strips from various end-use industries such as medical, automotive, electronics and others.
Product Definition:
Aluminum based strips are thin, flat pieces of metal that are commonly used in a variety of industries. They are often used to create electrical wiring, as well as in a number of other applications.
Width
Width from 6 to 10mm:
Aluminum based strips are widely used in the packaging industry owing to their properties such as lightweight, flexibility, and rigidity. Aluminum based strips have a width range of 6-10mm depending on the application requirements. The aluminum strip is produced with either single or double thickness depending upon the requirement of application.
Application Insights:
The automotive segment accounted for the largest volume share of over 30% in 2017. The rising demand for lightweight aluminum based strips is expected to have a positive impact on the growth. These products are used as an alternative to heavy metal fasteners and screws, especially in exterior components of vehicles where weight reduction is required.
Automotive application segments include body & light panels, powertrain, chassis and interior components among others. Interior applications mainly comprise instrument panel (cladding), seat pan frame, steering column cover and airbag module among others whereas chassis applications comprise suspension arms & bushes, steering knuckles/hub carriers along with other underbody componentry such as fuel cell box support frames or cross-car beams that are attached to the vehicle¢â‚¬â„¢s frame rails.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. In addition, growing population coupled with rising healthcare expenditure will drive demand for medical devices, which in turn will fuel industry growth over the coming years.
Europe accounted for a volume share of 23.1% in 2017 owing to high demand from several end-use industries such as automotive, electronics and others on account of technological advancements along with increased production volumes due to low manufacturing cost compared to North America or Asia Pacific regions.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of aluminum based strips market over the forecast period.
- Rising popularity of lightweight vehicles owing to stringent emission norms is anticipated to boost the demand for aluminum based strips in automotive industry.
- Growing infrastructure development activities across the globe are projected to propel the growth of aluminum based strips market in construction industry during forecast period.
- Increasing use of flexible packaging solutions in food & beverage and pharmaceuticals industries is expected to fuel the demand for aluminum based strips over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Based Strips Market Research Report
By Type
Width <6mm, Width from 6 to 10mm, Width >10mm
By Application
Medical, Automotive, Electronics, Others
By Companies
Norsk Hydro, Aleris, China Zhongwang, Jiangsu CAIFA Aluminum, AMAG, Kaiser Aluminum, Hulamin, Aurubis, Mitsubishi Shindoh, EGM Group, KME, CNMC, CHALCO, Sandvik, Voestalpine, Nippon Steel & Sumitomo Metal, Wälzholz, Precision Steel, Alliance Steel
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Based Strips Market Report Segments:
The global Aluminum Based Strips market is segmented on the basis of:
Types
Width <6mm, Width from 6 to 10mm, Width >10mm
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
Medical, Automotive, Electronics, 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:
- Norsk Hydro
- Aleris
- China Zhongwang
- Jiangsu CAIFA Aluminum
- AMAG
- Kaiser Aluminum
- Hulamin
- Aurubis
- Mitsubishi Shindoh
- EGM Group
- KME
- CNMC
- CHALCO
- Sandvik
- Voestalpine
- Nippon Steel & Sumitomo Metal
- Wälzholz
- Precision Steel
- Alliance Steel
Highlights of The Aluminum Based Strips 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:
- Width <6mm
- Width from 6 to 10mm
- Width >10mm
- By Application:
- Medical
- Automotive
- Electronics
- 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 Based Strips 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 based strips are a type of medical adhesive that is used to attach skin or other tissue to bones, muscles, or other structures.
Some of the key players operating in the aluminum based strips market are Norsk Hydro, Aleris, China Zhongwang, Jiangsu CAIFA Aluminum, AMAG, Kaiser Aluminum, Hulamin, Aurubis, Mitsubishi Shindoh, EGM Group, KME, CNMC, CHALCO, Sandvik, Voestalpine, Nippon Steel & Sumitomo Metal, W¤lzholz, Precision Steel, Alliance Steel.
The aluminum based strips market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Based Strips 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 Strips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Based Strips 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 Strips 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 Strips Market Size & Forecast, 2020-2028
4.5.1 Aluminum Based Strips Market Size and Y-o-Y Growth
4.5.2 Aluminum Based Strips 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 Width <6mm
5.2.2 Width from 6 to 10mm
5.2.3 Width >10mm
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 Medical
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Based Strips 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 Strips 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 Width <6mm
9.6.2 Width from 6 to 10mm
9.6.3 Width >10mm
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 Medical
9.10.2 Automotive
9.10.3 Electronics
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 Width <6mm
10.6.2 Width from 6 to 10mm
10.6.3 Width >10mm
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 Medical
10.10.2 Automotive
10.10.3 Electronics
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 Width <6mm
11.6.2 Width from 6 to 10mm
11.6.3 Width >10mm
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 Medical
11.10.2 Automotive
11.10.3 Electronics
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 Width <6mm
12.6.2 Width from 6 to 10mm
12.6.3 Width >10mm
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 Medical
12.10.2 Automotive
12.10.3 Electronics
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 Width <6mm
13.6.2 Width from 6 to 10mm
13.6.3 Width >10mm
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 Medical
13.10.2 Automotive
13.10.3 Electronics
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 Aluminum Based Strips Market: Competitive Dashboard
14.2 Global Aluminum Based Strips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Norsk Hydro
14.3.2 Aleris
14.3.3 China Zhongwang
14.3.4 Jiangsu CAIFA Aluminum
14.3.5 AMAG
14.3.6 Kaiser Aluminum
14.3.7 Hulamin
14.3.8 Aurubis
14.3.9 Mitsubishi Shindoh
14.3.10 EGM Group
14.3.11 KME
14.3.12 CNMC
14.3.13 CHALCO
14.3.14 Sandvik
14.3.15 Voestalpine
14.3.16 Nippon Steel & Sumitomo Metal
14.3.17 Wälzholz
14.3.18 Precision Steel
14.3.19 Alliance Steel
