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Metal Alloys Market Share

Report ID: GMI5235
Published Date: Mar 2022
Report Format: PDF

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Metal Alloys Market Share

Key market participants in the metal alloys industry are strategically engaging in product development and facility expansion to cater to a wide range of customers across the globe. For instance, in February 2022, RUSAL developed an optimized 5xxx series aluminum alloy for anodizing.

The production has started at the company’s Bratsk Aluminum Smelter (BrAZ) plant. This development will strengthen the company’s market foothold. Key market players in the industry are

RUSAL
Chalco
Jindal Stainless
ArcelorMittal
POSCO
Kobe Steel, Ltd.
Alcoa Corporation
Rio Tinto

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Metal alloys market is slated to exceed USD 466 billion by 2028 and is expected to expand at a CAGR of 5.1% between 2022 and 2030 owing to the increasing number of investments in construction projects.

Aluminum alloys market value is anticipated to cross USD 229 billion until 2030 considering the extensive product utilization in the aerospace & defense, automotive & transportation, and other end-use sectors.

Europe metal alloys market is estimated to grow at a CAGR of 3.8% through 2030 driven by the rising usage of aluminum alloys in shipbuilding, automotive, and railway applications.

Key companies across the metal alloys industry include ArcelorMittal, RUSAL, Rio Tinto, Alcoa Corporation, Jindal Stainless, Kobe Steel, Ltd., and others.