Lucintel Forecasts Global Aluminum Industry to Reach $160 Billion by 2017

Irving, TX (PressExposure) August 20, 2014 -- The global aluminum industry during the next five years would be driven not only by existing applications, but by creating avenues towards new applications, such as aluminum-lithium for automotive and aerospace industries. The industry experienced good growth over the last five years and is expected to continue its growth momentum over the next five years (2012-2017).

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the top five global aluminum companies and presents its findings in "Top Five Global Aluminum Companies: Performance, Strategies, and Competitive Analysis". The report provides detailed insight into the performance of the top five companies across the world. The analysis highlights the companies that are performing the best among the peer group and in which areas, and thus clarifies leading performance standards and the strengths and weaknesses of the companies covered.

The global aluminum industry is primarily engaged in manufacturing of primary aluminum which is used for manufacturing ingots, sheets, bars, billets, etc. In this study, Lucintel thoroughly profiles the following five companies with detailed competitive assessments:
Alcoa Inc.
Aluminum Corporation of China Limited
BHP Billiton
Rio Tinto Group
United Company RUSAL Plc.

As per the study, the industry experienced significant growth of 27% during 2010-2011 due to increasing application of aluminum in new industries and for making aluminum alloys. The global demand for aluminum has rebounded to 2008 levels. APAC depicted the most potential market during last five years. The growing markets of China and India will continue to witness aluminum industry growth, higher demand from key consuming end user markets, such as construction, automotive, consumer durables, and packaging.

This study is intended to provide industry leaders with a competitive benchmarking of the world's top five aluminum companies. The study provides up-to-date information on the market share, profit margins, and capabilities and strategies of the leaders. It is designed to provide executives with strategically significant competitor analysis, information, data, and insight, critical to the development and implementation of effective marketing and sales plan.

For a detailed table of contents and pricing information on these timely, insightful reports, and other metals and mining market reports contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit http://www.lucintel.com/

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth--whether you need to understand market dynamics, identify new opportunities, or increase your profitability.

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Press Release Submitted On: August 20, 2014 at 6:01 am
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