Secondary Aluminum Alloy Market Analysis

  • Report ID: 3578
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Global Secondary Aluminum Alloy Market TOC

  1. An Outline of the Global Secondary Aluminum Alloy Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. Suppliers/Distributors
      3. End-Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of the Market Constituents
    1.           Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
  7. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global government decarbonization plans/goals by each country under 2015 agreement agreed by 200 countries
    2. Measures taken by countries to reduce carbon footprints
    3. Carbon credits and subsidy plans/benefits rolled out by the government for market players
    4. Effective ways to harness carbon-credits and impact on profit margins
    5. Demand impact on the companies opting for carbon credit
  8. Major Roadblocks for the Market Growth
  9. Government Regulation
  10. Industry Risk Analysis
  11. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Secondary Aluminum Alloy Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  12. Industry Pricing Benchmarking & Analysis
  13. Trade Outlook
    1. Export Analysis
    2.  Import Analysis
  14. Industry Growth Outlook w.r.t Type
  15. Industry Supply Chain Analysis
  16. Analysis of Key Secondary Aluminum Alloy Manufacturers
  17. Regional Demand Analysis
  18. Competitive Positioning: Strategies to differentiate a company from its competitors
  19. Competitive Model: A Detailed Inside View for Investors
    1. Market share of major companies profiled, 2022
    2. Business profiles of key enterprises
    3. Daiki Aluminum Industry Co., Ltd.
    4. Century Metal Recycling Limited
    5. Kawashima Co., Ltd.
    6. Superior Aluminum Alloys, LLC
    7. Alucast
    8. Metal Exchange Corporation
    9. Keiaisha Co., Ltd.
    10. Novelis
    11. Shin Wen Ching Metal Enterprise., Ltd.
    12. Sunalco Industries Pvt. Ltd.
    13. Matalco Inc.
    14. BERMCO Aluminum
  20. Global Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. Global Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment      
      1.  By Type  
        1. Wrought Aluminum Alloys, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. Cast Aluminum Alloys, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
      2. By Strength
        1. Low Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
        2. High Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
        3. Ultra-High Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
      3. By End Use Industry
        1. Automotive & Transportation, Market Value (USD Million), CAGR, 2023-2036F
        2. Building & Construction, Market Value (USD Million), CAGR, 2023-2036F
        3. Aerospace & Defense, Market Value (USD Million), CAGR, 2023-2036F
        4. Others, Market Value (USD Million), CAGR, 2023-2036F
      4. By Region
        1. Market Overview
        2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
        3. Year-on-Year (Y-o-Y) Growth Trend Analysis
          1. North America, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
          2. Europe, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
          3. Asia Pacific, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
          4. Latin America, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
          5. Middle East & Africa, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
  21. North America Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. North America Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Type 
        1. Wrought Aluminum Alloys, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. Cast Aluminum Alloys, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
      2. By Strength
        1. Low Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
        2. High Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
        3. Ultra-High Strength Aluminum Alloys, Market Value (USD Million), CAGR, 2023-2036F
      3. By End Use Industry
        1. Automotive & Transportation, Market Value (USD Million), CAGR, 2023-2036F
        2. Building & Construction, Market Value (USD Million), CAGR, 2023-2036F
        3. Aerospace & Defense, Market Value (USD Million), CAGR, 2023-2036F
        4. Others, Market Value (USD Million), CAGR, 2023-2036F
      4. By Country
        1. US, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. Canada, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
  22. Europe Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3.  Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. Europe Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Type  
      2. By Strength
      3. By End User
      4. By Country
        1. Germany, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. UK, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        3. France, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        4. Italy, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        5. Spain, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        6. Netherlands, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        7. Russia, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        8. Rest of Europe, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
  23. Asia Pacific Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. Asia Pacific Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Type 
      2. By Strength
      3. By End User
      4. By Country
        1. China, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. India, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        3. Japan, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        4. South Korea, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        5. Singapore, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        6. Australia, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        7. Rest of Asia Pacific, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
  24. Latin America Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. Latin America Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Type 
      2. By Strength
      3. By End User
      4. By Country
        1. Brazil, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. Mexico, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        3. Argentina, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        4. Rest of Latin America, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
  25. Middle East & Africa Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    1. Market Overview
    2. Market Revenue by Value (USD Million), Market Volume (Kilo Tons), and Compound Annual Growth Rate (CAGR)
    3. •   Year-on-Year (Y-o-Y) Growth Trend Analysis
    4. Middle East & Africa Secondary Aluminum Alloy Market Outlook & Projections, Opportunity Assessment by Segment
      1. By Type 
      2. By Strength
      3. By End User
      4. By Country
        1. GCC, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        2. Israel, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        3. South Africa, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F
        4. Rest of Middle East and Africa, Market Value (USD Million) & Market Volume (Kilo Tons), CAGR, 2023-2036F

 

Secondary Aluminum Alloy Market Analysis

End-User Industry (Automotive & Transportation, Building & Construction, Aerospace & Defense)

By the end of 2037, the automotive & transportation segment in the secondary aluminum alloy market is estimated to gain the largest revenue share. The use of aluminum instead of steel improves passenger and commercial vehicle performance, fuel efficiency, safety, and durability while also providing several environmental advantages. Cast secondary aluminum alloy is used to make seats, gearboxes, cylinder heads, auxiliary equipment, pistons, and engine blocks. Wrought secondary aluminum alloys are utilized in truck trailers, railways, and automotive bodywork. Furthermore, increased demand for EVs is predicted to drive market development, since EVs' low weight requirements would necessitate a higher amount of plastics and aluminum in them than conventional fuel cars.

Strength (Low Strength Aluminum Alloys, High Strength Aluminum Alloys, Ultra-High Strength Aluminum Alloys)

Secondary aluminum alloy market from the high-strength aluminum alloys segment is expected to grow at the fastest CAGR of 5.4%. The growth is attributed to its strong penetration in the automotive and transportation industries, as well as Asia Pacific's fast-rising automotive market. The need for goods with high tensile strength, corrosion resistance, minimal maintenance, recyclability, and extended shelf lives in various end-use sectors is the key factor driving the expansion of the high-strength aluminum alloy segment.

Our in-depth analysis of the global secondary aluminum alloy market includes the following segments:

   Type

  • Wrought Aluminum Alloys
  • Cast Aluminum Alloys

   Strength

  • Low Strength Aluminum Alloys
  • High Strength Aluminum Alloys
  • Ultra-High Strength Aluminum Alloys

   End User

  • Automotive & Transportation
  • Building & Construction
  • Aerospace & Defense
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3578
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of secondary aluminum alloy is estimated at USD 104 billion.

The secondary aluminum alloy market size was valued at USD 95.71 billion in 2024 and is likely to cross USD 187.29 billion by 2037, registering more than 5.3% CAGR during the forecast period i.e., between 2025-2037. Growing demand in the automotive sector, and rising demand for a green and safe environment, especially in manufacturing, building & construction, will boost the market growth.

Asia Pacific industry is predicted to hold largest revenue share of 65% by 2037, impelled by rising focus on sustainable and eco-friendly practices.

The major players in the market are Daiki Aluminum Industry Co., Ltd., Century Metal Recycling Limited, Kawashima Co., Ltd., Superior Aluminum Alloys, LLC, Alucast, Metal Exchange Corporation, Keiaisha Co., Ltd., Novelis, Shin Wen Ching Metal Enterprise., Ltd., Sunalco Industries Pvt. Ltd., Matalco Inc., BERMCO Aluminum
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