The global aluminum product manufacturing from purchased aluminum industry includes establishments that are involved in using purchased aluminum for flat rolling or continuous casting sheet, plate, foil and welded tube process and/or using scrap to recover aluminum and flat rolling or continuous casting sheet, plate, foil, and welded tube in integrated mills.
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The market was valued at $178 Billion in 2017, and is expected to increase due to growth in GDP per-capita and international tourism. Asia Pacific was the largest geographic region accounting for more than half of the global market. This can be attributed to high demand from middle class population in countries such as China and India owing to rising disposable income and increasing urbanization, and new building construction activities.
Global aluminum product manufacturing from purchased aluminum market is segmented as sheet, plate, foil, and welded tube.
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China was the largest player accounting for 30% of the global aluminum product manufacturing from purchased aluminum market.
The top five competitors in the market are Constellium NV, Alcoa Corp., Hindalco Industries, Norsk Hydro, and RUSAL.
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