Market Overview:
The global metal strips 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 metal strips from various end-use industries, such as automotive, medical, and electronics. In terms of type, the aluminum-based segment is expected to lead the global metal strips market during the forecast period owing to its properties such as light weight and corrosion resistance.
Product Definition:
Metal Strips are thin pieces of metal that have been cut to a specific width and length. They are often used in manufacturing and construction to create or join other objects.
Aluminum Based:
Aluminum based metal strips are widely used in the end-use industries such as automotive, building & construction, packaging and electrical & electronics. The growth factor for aluminum based metal strips is mainly due to its high conductivity which is around 10 times more than copper and silver. It has a wide range of applications from batteries to super capacitors owing to its superior properties such as lightweight, flexibility and durability.
Iron Based:
Iron-based metal strips are used in the manufacturing of door panels, roofing systems, refrigerators and freezers. The metal strips are coated with an iron powder which acts as a catalyst during the melting process. The end product is known to have high strength and durability along with corrosion resistance properties.
The global Iron Based Metal Strips market size was valued at USD 1.6 billion in 2015.
Application Insights:
The automotive application segment led the global metal strips market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The rising demand for lightweight materials has resulted in an increased use of aluminum based metal strips, which are economical and contribute toward fuel efficiency.
Automotive interior components such as airbags, door panels, instrument panel and seat panels are made using these products to increase safety & comfort along with reducing weight & cost of vehicles. In addition, increasing production capacities coupled with high consumer demand across major markets including China India Japan is expected to propel industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global metal strips market in 2017. The region is expected to witness considerable growth over the forecast period owing to increasing demand from various end-use industries, such as electronics and medical. In addition, rising population and disposable income levels are anticipated to fuel regional product demand in countries, such as China and India.
The growing automotive industry coupled with increasing investments by major companies for manufacturing vehicles on a large scale is projected to drive copper based products across the globe. For instance, Volkswagen Group announced its plan of investing around USD X billion for expanding its production capacity in India by 2019’s end which will lead to an increase in vehicle production over there eventually driving up product consumption across the country’s automotive sector eventually fueling market growth over the coming years.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of metal strips as a raw material in manufacturing processes
- Rising demand for lightweight and durable materials in transportation sector
- Technological advancements that have led to development of new applications for metal strips
- Growing awareness about the benefits of using metal strips over other materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Strips Market Research Report
By Type
Aluminum Based, Iron Based, Copper Base
By Application
Medical, Automotive, Electronics, Others
By Companies
Norsk Hydro, Aleris, China Zhongwang, Jiangsu CAIFA Aluminum, Aluminum Corporation of China, AMAG, Kaiser Aluminum, Hulamin
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Metal Strips Market Report Segments:
The global Metal Strips market is segmented on the basis of:
Types
Aluminum Based, Iron Based, Copper Base
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
- Aluminum Corporation of China
- AMAG
- Kaiser Aluminum
- Hulamin
Highlights of The Metal 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:
- Aluminum Based
- Iron Based
- Copper Base
- 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 Metal 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?
Metal strips are thin, metal sheets that are used to create a variety of objects. They can be cut into any shape or size and can be used for a variety of purposes, including building materials, jewelry, and art.
Some of the major companies in the metal strips market are Norsk Hydro, Aleris, China Zhongwang, Jiangsu CAIFA Aluminum, Aluminum Corporation of China, AMAG, Kaiser Aluminum, Hulamin.
The metal strips market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal 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 Metal Strips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal 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 Metal 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 Metal Strips Market Size & Forecast, 2020-2028
4.5.1 Metal Strips Market Size and Y-o-Y Growth
4.5.2 Metal 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 Aluminum Based
5.2.2 Iron Based
5.2.3 Copper Base
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 Metal 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 Metal 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 Aluminum Based
9.6.2 Iron Based
9.6.3 Copper Base
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 Aluminum Based
10.6.2 Iron Based
10.6.3 Copper Base
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 Aluminum Based
11.6.2 Iron Based
11.6.3 Copper Base
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 Aluminum Based
12.6.2 Iron Based
12.6.3 Copper Base
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 Aluminum Based
13.6.2 Iron Based
13.6.3 Copper Base
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 Metal Strips Market: Competitive Dashboard
14.2 Global Metal 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 Aluminum Corporation of China
14.3.6 AMAG
14.3.7 Kaiser Aluminum
14.3.8 Hulamin
