Aluminum Flat-rolled Products (FRP) Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR43100
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The aluminum flat-rolled products (FRP) market size has the potential to grow by 5090.89 thousand MT during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.33%. 

This report provides a detailed analysis of the market by type (plates and sheets and foils), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

Aluminum-Flat-Rolled-Products-(FRP)-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Alcoa Corp.
  • Aluminum Corp. of China Ltd.
  • AMAG Austria Metall AG
  • Constellium SE
  • Hindalco Industries Ltd.
  • Hulamin Ltd.
  • Kaiser Aluminum Corp.
  • Kobe Steel Ltd.
  • Norsk Hydro ASA
  • Viohalco SA

 

The aluminum FRP market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the demand from the automobile industry to achieve growth opportunities. However, factors such as increasing applications of composite materials in the aerospace industry will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aluminum flat-rolled products market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This aluminum flat-rolled products market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.

Aluminum Flat-Rolled Products (FRP) Market: Segmentation by Geography

Aluminum-Flat-Rolled-Products-(FRP)-Market-Market-Share-by-Region-2020-2025

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64% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for aluminum flat-rolled products in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The emergence of alternative energy generation will facilitate the aluminum FRP market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Aluminum Flat-Rolled Products (FRP) Market: Segmentation by Type

Aluminum-Flat-Rolled-Products-(FRP)-Market-Market-Share-by-Type-2020-2025

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The aluminum flat-rolled products market share growth by the plates and sheets segment will be slower than the foils segment. Fetch actionable market insights on post COVID19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum flat-rolled products market size.

 

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Aluminum Flat-Rolled Products (FRP) Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aluminum flat-rolled products market growth during the next five years
  • Precise estimation of the aluminum FRP market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aluminum flat-rolled products industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aluminum flat-rolled products market vendors

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Aluminum Flat-Rolled Products (FRP) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

5090.89 th MT

Market structure

Fragmented

YoY growth (%)

3.11

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alcoa Corp., Aluminum Corp. of China Ltd., AMAG Austria Metall AG, Constellium SE, Hindalco Industries Ltd., Hulamin Ltd., Kaiser Aluminum Corp., Kobe Steel Ltd., Norsk Hydro ASA, and Viohalco SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The aluminum flat-rolled products (frp) market growth will increase by $4764.02 thousand MT during 2019-2024.
The aluminum flat-rolled products (frp) market is expected to grow at a CAGR of 3.22% during 2019-2024.
Technavio has segmented the aluminum flat-rolled products (frp) market by type (Plates and sheets and Foils) and geographic (APAC, Europe, North America, and South America).
Alcoa Corp., Aleris Corp., Aluminum Corp. of China Ltd., AMAG Austria Metall AG, Constellium SE, Hulamin Ltd., Kaiser Aluminum Corp., Kobe Steel Ltd., Norsk Hydro ASA, Viohalco SA are a few of the key vendors in the aluminum flat-rolled products (frp) market.
APAC will register the highest growth rate of 65.86% among the other regions. Therefore, the aluminum flat-rolled products (frp) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the aluminum flat-rolled products (frp) market growth are:
  • Increased adoption of green initiatives
  • Growing focus on reducing carbon footprint
The aluminum flat-rolled products (frp) market vendors should focus on grabbing business opportunities from the plates and sheets segment as it accounted for the largest market share in the base year.
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