The global pure aluminium ingot market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for aluminium in various industries such as construction, automobile, electronic and electrical, machinery and equipment. The increasing demand for aluminium in these industries is due to its lightweight properties which make it an ideal material for use in automobiles and construction. Moreover, the growing need for lightweight materials has led to increased usage of aluminum in various industries such as electronics and electricals.
The global pure aluminium ingot market by type is segmented into wirebar, round ingot, slab ingot and T shape ingot. Wirebar accounted for the largest share of this market with a share of around 45%. This can be attributed to its high purity levels which make it suitable for use in various applications such as construction where high purity levels are required due to corrosion resistance properties offered by wirebar aluminum products. Round ingots accounted for a share of around 30% while slab ingots accounted for a share of around 25%. T shape ingots accounted for a small share with less than 5%.
Some Of The Growth Factors Of This Market:
- The growth in the automotive industry is one of the major factors driving the growth of pure aluminium ingots market as it is used in manufacturing automobiles and other vehicles such as trucks, buses, and trains.
- Increasing use of aluminum in construction industry will also drive the growth of this market as it has high strength-to-weight ratio and can be easily recycled with low energy consumption which makes it more sustainable than other materials such as steel or concrete.
- Increasing use of aluminum in packaging industry will also drive this market due to its lightweight properties that make it easier to transport goods across long distances without incurring high transportation costs associated with heavier materials such as steel or wood products like plywood or particle board that are difficult to recycle due to their weight and size limitations.
Industry Growth Insights published a new data on “Pure Aluminium Ingot Market”. The research report is titled “Pure Aluminium Ingot Market research by Types (Wirebar, Round Ingot, Slab Ingot, T shape Ingot, Others), By Applications (Construction, Automobile, Electronic and Electrical, Machinery and Equipment, Others), By Players/Companies Chalco, Rusal, Rio Tinto, Alcoa, Hongqiaqo Group, CPI, Avon Metals, Xinfa Group, Norton Aluminium, Norsk Hydro, BHP, Discoverer Luoyang Aluminum”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pure Aluminium Ingot Market Research Report
By Type
Wirebar, Round Ingot, Slab Ingot, T shape Ingot, Others
By Application
Construction, Automobile, Electronic and Electrical, Machinery and Equipment, Others
By Companies
Chalco, Rusal, Rio Tinto, Alcoa, Hongqiaqo Group, CPI, Avon Metals, Xinfa Group, Norton Aluminium, Norsk Hydro, BHP, Discoverer Luoyang Aluminum
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Pure Aluminium Ingot Market Report Segments:
The global Pure Aluminium Ingot market is segmented on the basis of:
Types
Wirebar, Round Ingot, Slab Ingot, T shape Ingot, 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
Construction, Automobile, Electronic and Electrical, Machinery and Equipment, 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:
- Chalco
- Rusal
- Rio Tinto
- Alcoa
- Hongqiaqo Group
- CPI
- Avon Metals
- Xinfa Group
- Norton Aluminium
- Norsk Hydro
- BHP
- Discoverer Luoyang Aluminum
Highlights of The Pure Aluminium Ingot 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:
- Wirebar
- Round Ingot
- Slab Ingot
- T shape Ingot
- Others
- By Application:
- Construction
- Automobile
- Electronic and Electrical
- Machinery and Equipment
- 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 Pure Aluminium Ingot 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?
Pure aluminium ingot is a solid form of aluminium that has not been processed or alloyed in any way. It is the most elemental form of the metal and has a very low melting point, making it easy to cast into various shapes.
Some of the key players operating in the pure aluminium ingot market are Chalco, Rusal, Rio Tinto, Alcoa, Hongqiaqo Group, CPI, Avon Metals, Xinfa Group, Norton Aluminium, Norsk Hydro, BHP, Discoverer Luoyang Aluminum.
The pure aluminium ingot market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pure Aluminium Ingot Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pure Aluminium Ingot Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pure Aluminium Ingot Market - Supply Chain
4.5. Global Pure Aluminium Ingot Market Forecast
4.5.1. Pure Aluminium Ingot Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pure Aluminium Ingot Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pure Aluminium Ingot Market Absolute $ Opportunity
5. Global Pure Aluminium Ingot Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pure Aluminium Ingot Market Size and Volume Forecast by Type
5.3.1. Wirebar
5.3.2. Round Ingot
5.3.3. Slab Ingot
5.3.4. T shape Ingot
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pure Aluminium Ingot Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pure Aluminium Ingot Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Automobile
6.3.3. Electronic and Electrical
6.3.4. Machinery and Equipment
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pure Aluminium Ingot Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pure Aluminium Ingot Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pure Aluminium Ingot Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pure Aluminium Ingot Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pure Aluminium Ingot Demand Share Forecast, 2019-2026
9. North America Pure Aluminium Ingot Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pure Aluminium Ingot Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pure Aluminium Ingot Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Automobile
9.4.3. Electronic and Electrical
9.4.4. Machinery and Equipment
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pure Aluminium Ingot Market Size and Volume Forecast by Type
9.7.1. Wirebar
9.7.2. Round Ingot
9.7.3. Slab Ingot
9.7.4. T shape Ingot
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pure Aluminium Ingot Demand Share Forecast, 2019-2026
10. Latin America Pure Aluminium Ingot Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pure Aluminium Ingot Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pure Aluminium Ingot Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Automobile
10.4.3. Electronic and Electrical
10.4.4. Machinery and Equipment
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pure Aluminium Ingot Market Size and Volume Forecast by Type
10.7.1. Wirebar
10.7.2. Round Ingot
10.7.3. Slab Ingot
10.7.4. T shape Ingot
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pure Aluminium Ingot Demand Share Forecast, 2019-2026
11. Europe Pure Aluminium Ingot Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pure Aluminium Ingot Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pure Aluminium Ingot Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Automobile
11.4.3. Electronic and Electrical
11.4.4. Machinery and Equipment
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pure Aluminium Ingot Market Size and Volume Forecast by Type
11.7.1. Wirebar
11.7.2. Round Ingot
11.7.3. Slab Ingot
11.7.4. T shape Ingot
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pure Aluminium Ingot Demand Share, 2019-2026
12. Asia Pacific Pure Aluminium Ingot Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pure Aluminium Ingot Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pure Aluminium Ingot Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Automobile
12.4.3. Electronic and Electrical
12.4.4. Machinery and Equipment
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pure Aluminium Ingot Market Size and Volume Forecast by Type
12.7.1. Wirebar
12.7.2. Round Ingot
12.7.3. Slab Ingot
12.7.4. T shape Ingot
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pure Aluminium Ingot Demand Share, 2019-2026
13. Middle East & Africa Pure Aluminium Ingot Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pure Aluminium Ingot Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pure Aluminium Ingot Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Automobile
13.4.3. Electronic and Electrical
13.4.4. Machinery and Equipment
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pure Aluminium Ingot Market Size and Volume Forecast by Type
13.7.1. Wirebar
13.7.2. Round Ingot
13.7.3. Slab Ingot
13.7.4. T shape Ingot
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pure Aluminium Ingot Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pure Aluminium Ingot Market: Market Share Analysis
14.2. Pure Aluminium Ingot Distributors and Customers
14.3. Pure Aluminium Ingot Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chalco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rusal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rio Tinto
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alcoa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hongqiaqo Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CPI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Avon Metals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xinfa Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Norton Aluminium
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Norsk Hydro
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BHP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Discoverer Luoyang Aluminum
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
