
Aluminum System Market by Alloy (Cast Aluminum Alloy, Wrought Aluminum Alloy), Alloying Element (Copper, Magnesium, Manganese), Application - Global Forecast 2024-2030
Description
Aluminum System Market by Alloy (Cast Aluminum Alloy, Wrought Aluminum Alloy), Alloying Element (Copper, Magnesium, Manganese), Application - Global Forecast 2024-2030
The Aluminum System Market size was estimated at USD 128.12 billion in 2023 and expected to reach USD 136.40 billion in 2024, at a CAGR 7.23% to reach USD 208.86 billion by 2030.
An aluminum system comprises engineered components, products, and assemblies made predominantly from aluminum. Aluminum is a lightweight, durable, and corrosion-resistant metal integral to various industries due to its unique properties. Some common aluminum systems include window and door frames, curtain walls, facades, and structural framing for bridges and buildings. Aluminum systems are widely used in the aerospace and automotive sector due to rising fuel efficiency standards, growing environmental regulations, and increasing need for lightweight components and parts. However, the fluctuating costs of aluminum may result in elevated costs for finished aluminum products. In addition, the ongoing advancements and improvements in the properties of aluminum are expected to encourage the adoption of aluminum systems by the end-use sectors worldwide.
Regional Insights
Aluminum systems are increasingly becoming popular in the Americas due to their sustainable properties, lightweight nature, and versatility in various automotive, aerospace, construction, and packaging applications. Growing emphasis on transportation and infrastructure projects to minimize overall weight and environmental impact is accelerating the use of aluminum systems in the Americas. In the APAC region, rapid urbanization and an increase in construction activities are resulting in the employment of aluminum systems due to their durability and efficiency. The EMEA region demonstrates significant demand for aluminum systems with a growing focus on green initiatives such as increasing recycling rates of aluminum materials and deploying aluminum systems in renewable energy sectors such as solar panels. Additionally, the development of innovative aluminum systems and expansion of manufacturing facilities are anticipated to increase the adoption of aluminum systems by end-use verticals across the globe.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Aluminum System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aluminum System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Aluminum System Market, highlighting leading vendors and their innovative profiles. These include Aditya Birla Management Corporation Private Limited, Alcast Technologies Ltd., Alcoa Corporation, AluK S.A., Alumil S.A., Aluminium Bahrain B.S.C., Aluminum Corporation of China Limited, Aluprof S.A., Arconic Corporation., C. R. Laurence Co., Inc., Century Aluminum Company, China Hongqiao Holdings Limited, Chiping Xinfa Aluminous Product Co., Ltd., Control and Framing Systems, EFCO Corporation by Apogee Enterprises, Inc., Endurance Technologies Limited, GUTMANN AG, Jansen AG, Kawneer Company, Inc. by Arconic Corporation, Norsk Hydro ASA, Ponzio S.r.l., Reynaers Aluminium, Schuco International Ltd., Simplex Profilo Systems, and Texa Metals & Alloys Pvt Ltd..
Market Segmentation & Coverage
This research report categorizes the Aluminum System Market to forecast the revenues and analyze trends in each of the following sub-markets:
Alloy
Cast Aluminum Alloy
Copper
Construction
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Aluminum System Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aluminum System Market?
- What are the technology trends and regulatory frameworks in the Aluminum System Market?
- What is the market share of the leading vendors in the Aluminum System Market?
- Which modes and strategic moves are suitable for entering the Aluminum System Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Aluminum System Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand for light-weight and sustainable building materials
- 5.1.1.2. Rise in use to reduce vehicle weight and improve fuel efficiency
- 5.1.1.3. Expanding applications in renewable energy generation projects
- 5.1.2. Restraints
- 5.1.2.1. Volatility in the prices of raw materials and lower durable products and
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in aluminum systems manufacturing process
- 5.1.3.2. Rapid expansion of aluminum systems manufacturing facilities
- 5.1.4. Challenges
- 5.1.4.1. Environmental concerns associated with the manufacturing of aluminum systems
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Aluminum System Market, by Alloy
- 6.1. Introduction
- 6.2. Cast Aluminum Alloy
- 6.3. Wrought Aluminum Alloy
- 7. Aluminum System Market, by Alloying Element
- 7.1. Introduction
- 7.2. Copper
- 7.3. Magnesium
- 7.4. Manganese
- 7.5. Silicon
- 8. Aluminum System Market, by Application
- 8.1. Introduction
- 8.2. Construction
- 8.3. Electrical & Electronic
- 8.4. Packaging
- 8.5. Transportation & Logistic
- 9. Americas Aluminum System Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Aluminum System Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Aluminum System Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Laumann Group (Veka, Gealan) acquires Polish aluminum systems supplier
- 12.3.1.2. Hydro acquires Hueck building systems and extrusion business in Germany
- 12.3.2. Award, Recognition, & Expansion
- 12.3.2.1. Fenesta launches new aluminum factory in Hyderabad
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Aditya Birla Management Corporation Private Limited
- 13.1.2. Alcast Technologies Ltd.
- 13.1.3. Alcoa Corporation
- 13.1.4. AluK S.A.
- 13.1.5. Alumil S.A.
- 13.1.6. Aluminium Bahrain B.S.C.
- 13.1.7. Aluminum Corporation of China Limited
- 13.1.8. Aluprof S.A.
- 13.1.9. Arconic Corporation.
- 13.1.10. C. R. Laurence Co., Inc.
- 13.1.11. Century Aluminum Company
- 13.1.12. China Hongqiao Holdings Limited
- 13.1.13. Chiping Xinfa Aluminous Product Co., Ltd.
- 13.1.14. Control and Framing Systems
- 13.1.15. EFCO Corporation by Apogee Enterprises, Inc.
- 13.1.16. Endurance Technologies Limited
- 13.1.17. GUTMANN AG
- 13.1.18. Jansen AG
- 13.1.19. Kawneer Company, Inc. by Arconic Corporation
- 13.1.20. Norsk Hydro ASA
- 13.1.21. Ponzio S.r.l.
- 13.1.22. Reynaers Aluminium
- 13.1.23. Schuco International Ltd.
- 13.1.24. Simplex Profilo Systems
- 13.1.25. Texa Metals & Alloys Pvt Ltd.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. ALUMINUM SYSTEM MARKET RESEARCH PROCESS
- FIGURE 2. ALUMINUM SYSTEM MARKET SIZE, 2023 VS 2030
- FIGURE 3. ALUMINUM SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ALUMINUM SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ALUMINUM SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ALUMINUM SYSTEM MARKET DYNAMICS
- FIGURE 7. ALUMINUM SYSTEM MARKET SIZE, BY ALLOY, 2023 VS 2030 (%)
- FIGURE 8. ALUMINUM SYSTEM MARKET SIZE, BY ALLOY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ALUMINUM SYSTEM MARKET SIZE, BY ALLOYING ELEMENT, 2023 VS 2030 (%)
- FIGURE 10. ALUMINUM SYSTEM MARKET SIZE, BY ALLOYING ELEMENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ALUMINUM SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. ALUMINUM SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES ALUMINUM SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES ALUMINUM SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ALUMINUM SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ALUMINUM SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. ALUMINUM SYSTEM MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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