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(IT-NEWSWIRE.COM, September 11, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Aluminum Plates market for 2018-2023.
Aluminum plate, aluminum from 0.008 inches to less than 0.25 inches thick is considered sheet. Thinner aluminum is foil and aluminum 0.250 inches and thicker is plate. In this report, the statistics data is aluminum plate with over 0.250 inches thickness.
At present, in the foreign industrial developed countries the aluminum plate industry is generally at a more advanced level, the world's large enterprises and production are mainly concentrated in the United States, Europe, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as Chinese aluminum plate production enterprise technology continues to improve.
The global Aluminum Plate industry reached a production volume of approximately 1131.1 K MT in 2017, and is expected to reach 1658.9 K MT in 2025.
The largest market is in China. The market will reached a production volume of approximately 378.6 K MT in 2017, and the production volume share is 33.47%, and the secondary market is Europe, it will reached a revenue production volume of 350.9 K MT in 2017, and the production volume share is 31.02%.
Now, the leading manufacturers of Aluminum Plate located in the USA, Europe, such as Constellium (Europe), Kaiser Aluminum (USA), Alcoa (USA), Aleris (USA).
New enterprise can cooperate with the leading company, such as Constellium, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share. Although Aluminum Plate brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Over the next five years, this report projects that Aluminum Plates will register a 5.1% CAGR in terms of revenue, reach US$ 6500 million by 2023, from US$ 4820 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Plates market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
2XXX
5XXX
6XXX
7XXX
8XXX
Others
Segmentation by application:
Aerospace & Defense
Mechanical Engineering or Mold
Railway & Shipping Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Constellium
Kaiser Aluminum
Alcoa
Aleris
KUMZ
Furukawa-Sky
Kobelco
AMAG
VIMETCO (Alro SA)
Nippon Light Metal
Alimex
GLEICH GmbH
Hulamin
Chalco
Alnan Aluminium
Jingmei Aluminium
Mingtai Group
Southern Aluminum
Nanshan Aluminum
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Aluminum Plates consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Aluminum Plates market by identifying its various subsegments.
Focuses on the key global Aluminum Plates manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aluminum Plates with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aluminum Plates submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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NxtGen Reports
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Phone: +918551022388
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NxtGen Reports
Madhuri Vetal
+918551022388
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Source: EmailWire.Com 
Source: EmailWire.com
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