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Aluminum
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Competitive Intelligence

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Manage Aluminum Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Aluminum related
procurement queries with relevant data points

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Get up-to-date market and supplier info on Aluminum to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Aluminum related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Aluminum to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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COVID 19 impact on Aluminum market

  • Base metal prices are expected to continue to drop in Q’2 2020 as markets are affected due to Coronavirus outbreak and associated measures.
  • The prices had maintained an upward momentum in 2019, but failed to sustain at higher levels, amid mounting fears over the economic impact and slowing demand, due to the Coronavirus outbreak in China. The potential effect of Chinese restriction on its services and manufacturing sectors, is weighing on overall metals market sentiment

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Report Coverage

  • Global Market Overview: Production and Consumption
  • Regional Market Outlook-Americas, Europe, APAC
  • Key Global Supplier Profiles
  • Price Trend and Forecast
  • Mergers And Acqusition

Table of contents

  1. Aluminum Executive Summary
  2. Category Landscape
  3. Regional Market Outlook
  1. Aluminum Market Analysis
  2. Market Overview
  3. Regional Market Outlook
  4. Market Drivers and Constraints
  5. Global Porter’s Five Force Analysis
  1. Aluminum Supply Analysis
  2. Mergers and Acquisition
  3. Supplier Overview
  4. Supplier Profiling
  5. SWOT Analysis
  1. Aluminum Cost and Pricing Analysis
  2. Value Chain - Cost Structure
  3. Price Trend and Forecast
  4. Price Drivers
  1. Aluminum Industry Best Practices
  2. Procurement Strategies
  3. Procurement Contracts
  4. Sourcing Strategies
  5. Value Chain

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Aluminum Market Forecast and Global Outlook

  • Asia will continue to dominate the market, in terms of growth prospects until 2021 
  • Curtailment measures by suppliers and lower demand from the automotive sector will impact the market; however, demand is expected to be driven by construction, electrical engineering sectors
  • The Aluminum market analysis shows that the Market Drivers include Downstream demand, Technological advancements, and Demand for light weight and energy-efficient materials
  • The Aluminum industry outlook shows that the Major End-Users are Transport: 28 percent Construction: 23 percent Electrical: 13 percent Packaging: 12 percent Machinery: 10 percent
  • Highest Production Regions; China, Russia, Canada, India, UAE. The 
  • Highest Consumption Regions: China, US, Germany, Japan, UAE
  • Highest Market Maturity Region: APAC, Americas
  • The aluminum market analysis shows that the major cost components are Raw Materials: 45–55 percent Electricity: 20–27 percent

aluminum-market-size

Global Aluminium Market Overview - Production & Consumption

  • The aluminum market is expected to see a supply surplus scenario from 2020, on the account of a fall in demand from the downstream sectors. 
  • The global production of primary aluminum is expected to be 10-11 percent in 2020. China, the largest producer of aluminum, is likely to witness a downtrend in production due to the closure of plants by large players, like Xinfa group and Hongqiao Group 
  • The production is expected to grow at a CAGR of 2–3 percent in the forecasted period, aided by increased production in China, Iran, and Indonesia. In China, companies, like East Hope, Hangzhou Jinjiang Group, Baoshan Iron and Steel, Inner Mongolia Mengtai Group, are planning to increase production. Iran’s SALCO aluminum smelter is expected to start by end of 2020. Indonesia’s Asahan Aluminium (Inalum) also plans to ramp up production

Global Market Overview - Regional Breakup

  • Following regions witnessed a downtrend in production Y-o-Y: China (1.9 percent), Latin America (7.3 percent), Europe (2.2 percent), whereas North America witnessed a slight production increase by 1 percent and production in Asia (excl. China) witnessed a production increase, due to increasing in supply from the Middle East 

  • The global aluminum installed capacity has declined, as China geared up for the new air pollution prevention and control action plan. The production in Latin America decreased, mainly on the account of production curtailment by Albras Alumínio Brasileiro 

  • Production in North America increased, on the account of improved production from the U.S., with companies, like Century Aluminum, Magnitude 7 Metals & Alcoa (Warrick smelter) restarting their production 

  • Primary aluminum consumption in China decreased by 1.53 percent, amounting to 36.07 MMT, on the account of reduced demand from the automotive sector, as the government ended subsidies for cheap and low-quality hybrids and electric cars. Similarly, demand witnessed a downtrend in Japan, Korea, and India 

  • The import tariff by the EU on unwrought aluminum has not affected demand but has led to increasing in imports. Currently, around 74 percent of primary aluminum demand is met through imports. The demand in North America witnessed a slight increase of 1 percent in H1 2019, on the account of increased demand from the automotive sector, but is anticipated to fall on a yearly basis with respect to 2018 

Global Market Overview - End-use

  • The transport industry, a major driver for diecast aluminum, aluminum forgings and aluminum flat-rolled products demand faced a slowdown at the beginning of 2020 due to reduced demand. The global production of motor vehicles fell by approximately 3–5 percent
  • The construction sector is expected to be a major driver for demand led by emerging economies building infrastructure and increasing shift to Green construction technology, where aluminum fabrications, Aluminum Castings, aluminum extrusions and aluminum profiles are a key construction materials component 
  • The demand from the packaging industry is expected to increase, as industries look for alternatives for plastic packaging

Price Trend and Forecast

  • Aluminum prices trading at LME have remained under selling pressure and fell by 6.3 percent in July 2018 and averaged to settle at $2099/MT.
  • Aluminum prices continue to remain under selling pressure following escalating trade tensions between the United States and China as US President Donald Trump's administration pledged to raise the proposed tariffs on $200 billion worth of Chinese goods to 25 percent from an initial 10 percent has reignited fears of an escalating trade war between the world's two largest economies
  • Moreover, China reported a strong rate of production in the first five months of 2018 as total Aluminum production rose 13.6 million tonnes, up 1.4 percent from year ago levels, National Bureau of Statistics (NBS) data showed. Data from the International Aluminium Institute (IAI) reported that, global output, excluding China averaged 75,800 tonnes in May, which is still higher than the 74,100-tonne average last year
  • The Aluminum industry outlook shows that the major price drivers are Fluctuation, LME Aluminum Stock, Global Supply & Demand, Global Economy, Chinese Supply & Demand and Energy Prices.
  • Aluminum price trading at LME have consolidated sideways and stood almost unchanged at $1849/MT in April 2019 •Aluminum prices were affected by the sentiments in the global equity markets

Why You Should Buy This Aluminum Market Report

  • The aluminum market analysis report highlights the regional aluminum market outlook,  aluminum market size, aluminum market share, aluminum market forecast, and aluminum market trends for the Americas, Europe, Australia and APAC region. 
  • Overview of the global Non-Ferrous Metals, Minerals and Mining Aluminum market, major cost components involved in Aluminum production, ket mergers and acquisitions and procurement strategies.
  • It lists out the factors affecting the Aluminum Industry and Key Drivers and Constraints such as end-user demand, environmental concerns, dollar exchange rate, etc.
  • Porter’s five force analysis of the global Aluminum industry
  • Key supplier profiles and SWOT analysis of players like UC Rusal, Chalco, Alcoa, etc.

Aluminium Market Frequently Asked Questions

  1. What are the latest trends in the aluminium market?
  2. Due to the coronavirus outbreak and associated measures, it is expected that base metal will witness a drop in their prices in Q’2 2020. Earlier in 2019, the prices had maintained an upward momentum but didn’t do well at higher levels due to the slowing demand and economy. Besides, the impact of Chinese restriction on its services and manufacturing sectors is weighing on the overall metals market.

 

  1. What are the key drivers of the aluminium market?
  2. Looking at the aluminium market analysis, the key market drivers include downstream demand, technological advancements and demand for lightweight and energy-efficient materials.

 

  1. How is the global market outlook for the aluminium industry?
  2. The highest production regions of the metal include China, Russia, Canada, India and UAE. A significant part of the market demand is consumed by China, the US, Germany, Japan and UAE. The major end-users of aluminium are the transport sector (27%), construction (25%), packaging (15%), electrical (13%) and others (20%). APAC and America constitute the highest market maturity regions.

 

  1. Who are the major players in the aluminum industry?
  2. The ten leading aluminium producers across the globe constitute about 53 percent of the global aluminium market share. China alone holds 54.4 percent of the total production share, which is more than half of the world’s total production. Rusal, Chalco, Rio Tinto and Alcoa are some of the major players who have been engaging in vertical integration to make sure there is a continuous supply of raw materials to meet the future demand for Aluminium products.

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