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RNCOS White Paper - Global Aluminium Industry Scenario
1. RNCOS White Paper: Global Aluminium Industry Scenario
“Global Primary aluminium consumption is estimated growing at around 4% during 20122018.”
Aluminium is one of the most versatile and essential materials for the global economy.
Amongst key industry verticals, transportation accounts for 25% consumption share, followed
by construction (24%), packaging (17%), power (12%) and machinery (10%). World primary
aluminium markets have witnessed five consecutive years of surplus since 2008. China
dominates the global aluminium market in both production and consumption. Boom in the
residential and infrastructure markets drive its aluminium market.
Worldwide, rising aluminum stocks have hampered production and cut down prices.
Manufacturers have slowed down production to reduce pressure on prices. Industry estimates
reveal that while primary aluminium production is growing at a CAGR of around 3%, the
primary aluminium consumption is estimated growing at around 4% during 2012-2018.
Highlighting the opportunity areas in the global aluminium industry, Shushmul Maheshwari,
CEO - RNCOS said that at the supply-side, the market is shifting towards the Middle East due
to the availability of cheap energy in the region. The new markets for aluminum are found
within aviation, solar cells, electronics, cars and new types of material for construction.
Aluminum has already succeeded in entering part of the copper market since copper is higher
priced and is heavier than aluminum. However, price volatility, high inventory, high energy
and carbon cost and competition from substitutes like Carbon fibre-reinforced plastic (CFRP),
Titanium, Steel and Composite materials are threats for aluminium industry.
Demand for aluminum will continue to rise, particularly in the emerging markets, due to
lower per capita consumption of the metal in these parts of world. Additionally, the demand
of aluminum is increasing owing to high aluminum use in the construction and power
transmission industries. Usage of aluminum in automobiles will again amplify and continue its
growth track as public demand for a greener environment and increased fuel efficacy compel
policymakers to amplify fuel economy standards, reduce carbon dioxide emissions, and
increase the usage of aluminum in automobiles.
RNCOS acts as your growth partner in all your business endeavors, be it product launching,
geographic expansion, sales improvement, distributor/retailer tie-ups etc. We help make your
business flourish by studying the market dynamics, collating with your business and devising
the right strategies.
To get a complimentary copy of the white paper, please visit:
http://www.rncos.com/Industry-Whitepapers.htm
About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer
in syndicate market research, our vision is to be a global leader in the industry research space
by providing research reports and actionable insights to companies across a range of
industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive
industry research studies, bespoke research and consultancy services to Fortune 1000, Trade
associations, and Government agencies worldwide.
