Delhi, India (PressExposure) June 15, 2008 -- RNCOS has recently added a new Market Research Report titled, "European Aluminum Market Analysis" to its report gallery. The report reviews Europeâs aluminum industry in context of the global aluminum industry. The analysis of the European aluminum industry is done by taking five countries into consideration based on their production and consumption level, economic stability, and future growth prospects.
The European aluminum industry was ranked the biggest aluminum producer worldwide in 2007, making it a vital region for the global aluminum industry. As per the report, the European aluminum industry, after experiencing a slump in 2006, bounced back in 2007.
Western Europe was the leading primary aluminum producing region in 2006, but the trend reversed in 2007 and Central & Eastern Europe emerged as the top primary aluminum producer. This region is expected to dominate the future primary aluminum production and export, while Western Europe is projected to take the shape of major consumer.
- Primary aluminum consumption of Germany is likely to cross 2 Million Metric Tons by the end of 2011 at a CAGR of around 2%. - Expansion of new bauxite mines is expected to drive the primary aluminum production in France at a CAGR of around 1.55% during the forecasted period (2008-2011). - Increasing income is likely to boost the European home building industry, which in turn will be a reason for high aluminum consumption during 2008-2011. - Container and packaging industry, which is an aluminum consuming industry, is projected to surge at a CAGR of over 2% during the period 2008-2012 in Europe. - Russia is anticipated to be a major aluminum exporter in coming years with exports of around 3.7 Million Metric Tons by 2012 end.
Key Issues & Facts Analyzed
- What are the trends in the European aluminum market with respect to production, consumption, and production capacity etc? - What are the trends followed in different European countries? - What are the success factors of the aluminum industry in Europe?
This section provides the overview, key facts, and financials of major players in the European aluminum industry, including Alcoa Inc., Rio Tinto Alcan, BHP Billiton, Rusal and Norsk Hydro.
Research Methodology Used
Information Sources Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Methods The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
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