Covid-19 Impact on Aluminum Market Size, Status and Forecast 2020-2026
An aluminum alloy is a composition consisting mainly of aluminum to which other elements have been added. The alloy is made by mixing together the elements when aluminum is molten (liquid), which cools to form a homogeneous solid solution. The other elements may make up as much as 15 percent of the alloy by mass.
EGA, Rusal, Norsk Hydro, Yinhai Aluminum, Alcoa and Rio Tinto are the world's leading players. The industry is relatively fragmented and EGA is considered the leader in the global market, with a 5.4% share of production in 2018. Based on the application, Aluminum can be divide into Construction Industry, Foundry Industry, Transportation Industry, Packaging Industry, and Electronics Industry, etc. Construction Industry is the most important application. In 2018, Construction Industry holds 42.76% of the market share.
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Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Aluminum 3900 market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Aluminum 3900 industry.
Based on our recent survey, we have several different scenarios about the Aluminum 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 81930 million in 2019. The market size of Aluminum 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Aluminum market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Aluminum market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Aluminum market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses
Readers are provided with deeper sales analysis and pricing analysis for the global Aluminum market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Aluminum market, covering important regions, viz, North America, Europe, China, Asia-Pacific, India, South America and Middle East & Africa. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Aluminum market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Aluminum market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Aluminum market.
The following manufacturers are covered in this report:
- EGA
- Rusal
- Norsk Hydro
- Yinhai Aluminum
- Alcoa
- Rio Tinto
- Xinfa Group
- Alba
- Chalco
- Hindalco
- SNTO
- Aluar
Aluminum Breakdown Data by Type
- Aluminum Billets
- Foundry Alloy Ingots
Aluminum Billets is the largest segment with a market share of 67.48% in 2018.
Aluminum Breakdown Data by Application
- Construction Industry
- Foundry Industry
- Transportation Industry
- Packaging Industry
- Electronics Industry
- Others
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Table of content
1 Study Coverage
1.1 Aluminum Product Introduction
1.2 Market Segments
1.3 Key Aluminum Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Aluminum Market Size Growth Rate by Type
1.4.2 Aluminum Billets
1.4.3 Foundry Alloy Ingots
1.5 Market by Application
1.5.1 Global Aluminum Market Size Growth Rate by Application
1.5.2 Construction Industry
1.5.3 Foundry Industry
1.5.4 Transportation Industry
1.5.5 Packaging Industry
1.5.6 Electronics Industry
1.5.7 Others
1.6 Coronavirus Disease 2019 (Covid-19): Aluminum Industry Impact
1.6.1 How the Covid-19 is Affecting the Aluminum Industry
1.6.1.1 Aluminum Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Aluminum Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Aluminum Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global Aluminum Market Size Estimates and Forecasts
2.1.1 Global Aluminum Revenue 2015-2026
2.1.2 Global Aluminum Sales 2015-2026
2.2 Aluminum Market Size by Region: 2020 Vers
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