Navi Mumbai, Maharashtra India (PressExposure) June 20, 2011 -- Brazil is one of the world's largest aluminum consumption and production market. Aluminum industry has been strongly growing in Brazil for the past few years due to its rising domestic demand and increasing exports. Moreover, rising demand due to high aluminum use in the automotive & packaging industry further strengthens aluminum production and consumption.
According to our research "Brazil Aluminum Sector Analysis", growth of the aluminum industry in Brazil has outpaced the overall economic growth and covered some notable milestones. Aluminum consumption hit an all time high in 2008 and encouraged market players to benefit from the soaring domestic demand. Although economic crisis dented the country's demand-supply mix, the industry recovered strong in 2010 mainly backed by domestic market dynamics. It is anticipated that the, increasing demand from packaging and transportation sectors will enable Brazil to witness 9.2% CAGR in aluminum consumption during 2011-2014.
Rising beverage cans consumption has become the major driver for aluminum demand in the country. Moreover, aluminum's easy recyclable property has increased the beverage recycling in Brazil. Can recycling rate reached 98.2% in 2009, which is being considered as a benchmark around the world and the country is now perceived as a potential aluminum can market in the world.
Our report "Brazil Aluminum Sector Analysis" has been authored to evaluate the growth potentials of the Brazilian aluminum industry. It is an outcome of extensive research and conceptual analysis of the industry and provides information/statistics on all prominent segments of the industry. The report facilitates analysis of raw material trends along with core industry production, consumption, and trade trends. Further, it also provides market intelligence on sector wise aluminum demand forecasts for packaging, transport, building & construction, and electrical & electronics. A brief business description of prominent players operating in the industry has also been included in the report to provide a balanced treatment of analysis.
Most importantly, the report also presents the industry forecast based on correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Brazilian aluminum industry, which will prove decisive for the clients.
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