Aluminum Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
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Transparency Market
Research
Aluminum Alloys Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 – 2020
Published Date
02-12-2014
83 Page Report
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Press Release
Aluminum Alloys Market to Develop at 4.8% CAGR between 2014
and 2020
Transparency Market Research
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Aluminum Alloys Market
REPORT DESCRIPTION
A new market study on the global aluminum alloys market has been recently published by Transparency
Market Research (TMR), in which analysts have projected the market to rise at a CAGR of 4.8% between
2014 and 2020 and reach a value of US$126.50 billion by 2020, up from US$91.23 billion in 2013.The
report, titled “Aluminum Alloys Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020”, delves deep into the historical as well as present-day performance of the
global aluminum alloys market and determines that the development of the automotive industry is the key
factor driving the global aluminum alloys market, thanks to aluminum alloys being an important
component in manufacturing several important parts of any automobile.The rising demand for aluminum
alloys from the construction industry is also expected to fuel the market substantially. However, instability
in raw material prices is expected to limit this development, signifies the report.
The global aluminum alloys market has been studied on two fronts in this report, namely the end-use
industry and the regional markets. Transportation, electrical, packaging, construction, machinery, and
other markets such as sporting goods are the major consumers of aluminum alloys. In 2013, the
transportation industry acquired the leading position among all end users, with a 40% share in the overall
consumption of aluminum alloys. The continual...
