Global aluminium alloys market is set to witness 5% CAGR to 2024

The global aluminium alloys market is expected to exceed USD 150 billion by 2024, reveals data published in a recent report by Market Study Report. This market is mainly dependent on the availability of aluminium along with other alloying materials.

The rise in construction activities and infrastructure development in the emerging nations of Asia Pacific will account more than two-third of the overall share in 2024. Construction industry will generate revenue above USD 35 billion in 2024.

The aluminium alloys market application segments are categorized into construction, transportation, packaging, electrical, machinery, and others.

Some of the leading companies in the aluminium alloys market are Rio Tinto Alcan, Alcoa, United Company RUSAL, Aluminum Corporation of China, Constellium, Aluminium Bahrain, Kobe Steel, Norsk Hydro, Dubai Aluminium Company, Kaiser Aluminum Corporation, Aleris International, UACJ Corporation, ERAMET, Magna International Inc., and IBC Advanced Alloys Corp.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.