Paul Thomen

Wednesday, 23 October 2013

Demand for Aluminum Market to Grow at 5.9 Percent Per Annum through 2017

The report “World Aluminum to 2017” by Freedonia Group is now available at Contact with report name in subject line and your contact details to purchase this report or get your questions answered.

World demand to rise 5.9% annually through 2017

World demand for aluminum (including primary and secondary/recycled) is forecast to expand 5.9 percent per annum through 2017 to 86.5 million metric tons. China will pace growth and increase its share of global demand from 43 percent in 2012 to 48 percent in 2017.

Demand will strongly increase in all developing regions, with the Asia/Pacific region leading the way. Rising disposable incomes in developing countries will result in a healthy expansion in demand for key aluminum consuming products such as motor vehicles, food and beverage packaging, and durable goods.

Construction market to post strongest growth

The construction market will post the strongest growth and remain the primary user of aluminum, with gains benefiting from recovery in the housing sectors of a number of developed nations as well as rapid increases in construction spending in the developing world as a result of strong economic growth and urbanization. Even in mature developed countries such as the US, recent bridge collapses suggest that the replacement of older, nonbuilding infrastructure is of utmost urgency, and will benefit aluminum demand as a result.

Aluminum usage in the motor vehicle market will continue to benefit from what is now essentially a global trend of car manufacturers striving to increase the average miles per gallon of their fleets by reducing the average weight of each vehicle. Aluminum is significantly lighter than steel, and aluminum use per motor vehicle is expected to rise from a global average of 120 kilograms/vehicle in 2012 to 132 kilograms/vehicle in 2017. In most developed countries, this ratio is already higher. Motor vehicle aluminum demand in developing countries will also benefit from the opportunity for rising car ownership rates. For example, in 2012, there were 801 vehicles in use per thousand persons in the US, compared to 81 vehicles per thousand persons in China, and only 22 vehicles per thousand persons in India.

Aluminum use in packaging will advance based on rapid proliferation of processed food and beverage products in developing countries. Healthy economic growth combined with the increasing presence of women in the workforce in these countries will result in a preference for convenience packaged food and beverage items

Company Profiles

Profiles for global aluminum industry competitors such as Alcoa, Chalco, Norsk, Hydro, Rio Tinto, and RUSAL

Majors point of table of content

IX. Industry Structure 210
General 210
Market Share 211
Acquisitions & Divestitures 215
Cooperative Agreements 218
Manufacturing & Development 227
Company Profiles 228
Alba, see Aluminium Bahrain Albras, see Alumínio Brasileiro Alcan  Engineered Products, see Rio Tinto Group Alcoa Incorporated 229
Alumina do Norte do Brasil, see Norsk Hydro Aluminerie Alouette, see Norsk Hydro and Rio Tinto Group Alumínio Brasileiro SA 237
Aluminium Bahrain BSC 239
Aluminum Corporation of China Limited 240
Alunorte, see Norsk Hydro Anglesey Aluminium Metal, see Kaiser Aluminum and Rio Tinto Group BALCO, see Vedanta Resources Ball Corporation 244
Bharat Aluminium, see Vedanta Resources BHP Billiton Limited 248
Boyne Smelters, see Rio Tinto Group Cameroon Alumina, see Dubai Aluminium and Hindalco Industries Century Aluminum Company 251
Chalco, see Aluminum Corporation of China Chalco Sapa  Aluminum Products Chongqing, see Aluminum Corporation of China and Orkla China Hongqiao Group Limited 254
China Power Investment Corporation 256
Compagnie Camerounaise de l’Aluminum, see Rio Tinto Group Compagnie des Bauxites de Guinée, see Alcoa and Rio Tinto  Group
Companhia de Alumina do Para, see Dubai Aluminium and Norsk Hydro
Consórcio de Alumínio do Maranhão, see Alcoa, BHP Billiton, and  Rio Tinto Group
Constellium, see Rio Tinto Group Crown Holdings Incorporated 258
Dubai Aluminium Company Limited 261
East Hope Group Company Limited 263
Emirates Aluminium, see Dubai Aluminium and Mubadala Development
Glencore International AG 264
Guinea Alumina, see BHP Billiton, Dubai Aluminium, and Mubadala Development
Hangzhou Jinjiang Group Company Limited 266
Hindalco Industries Limited 267
JW Aluminum Company 273
Kaiser Aluminum Corporation 274
Latapack-Ball Embalagens, see Ball Ma’aden Bauxite & Alumina, see Alcoa
Mineração Rio do Norte, see Alcoa, BHP Billiton, Norsk Hydro, Rio Tinto Group, and Vale Mubadala Development Company PJSC 276
Nanshan Group 278
National Aluminium Company Limited 280
New Zealand Aluminium Smelters, see Rio Tinto Group Norsk Hydro ASA 282
Novelis, see Hindalco Industries Orkla ASA 290
Pacific Aluminium, see Rio Tinto Group Qatalum, see Norsk Hydro Qatar Aluminium, see Norsk Hydro Qingdao MC Packaging, see Ball
Queensland Alumina, see Rio Tinto Group and United Company  RUSAL
Rexam plc 294
Rio Tinto Group 297
RUSAL, see United Company RUSAL Sapa, see Orkla Shandong Nanshan Aluminum, see Nanshan Group Shandong Xinfa Aluminum and Electricity Group 306
Sherwin Alumina, see Glencore International Sohar Aluminium, see Rio Tinto Group Sør-Norge Aluminium, see Norsk Hydro and Rio Tinto Group Tomago Aluminium, see Norsk Hydro and Rio Tinto Group
United Company RUSAL plc 309
Vale Aluminium, see Norsk Hydro Vale SA 314
Vedanta Resources plc 316
Vigeland Metal Refinery, see Norsk Hydro and Rio Tinto Group

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