MRO Magazine

Research and Markets: Global Aluminum FRP Market 2015-2019 – The Plates and Sheets Segment is Predicted to Cross over 22.05 Million Metric Tons by 2019


October 28, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/fxgjwc/global_aluminum) has announced the addition of the “Global Aluminum FRP Market 2015-2019” report to their offering.

Market overview of the aluminium FRP market

The market is likely to reach a CAGR of approximately 3.64% until 2019. The demand for aluminium FRP from the automobiles industry is driving the market. This is because aluminium FRP is replacing steel in automobiles and transport.

This market research report emphasizes on the involvement of industries such as food and beverages, automobile and construction, and defence and aerospace. It is easily recyclable and resistant to corrosion, thus reducing maintenance and increasing the life of the product .With an increase in the aluminium production especially in China, the aluminium FRP industry is expected to gain significant traction during the forecast period.

Plates and sheet accounted for more than three-fourth of the market in 2014, and the study predicts a decline in its market share by 2019. However, it is considered as an important FRP material due to its usage in the food and beverages and automobiles industries. The demand for light weight material will emerge as a key growth driver for this segment during the forecast period.

According to the report, the global aluminum FRP market has several growth drivers, one of which is the increased spending by the emerging middle class in developing economies.

The top-eight leading vendors of the market include:

  • Aleris
  • Aluminum Bahrain
  • Aluminum Company of America
  • Emirates Global Aluminum
  • Hindalco Novelis
  • Hydro Aluminum
  • Russian Aluminum
  • Vedanta Aluminum

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Global aluminum market

PART 07: Global aluminum pricing

PART 08: Aluminum industry value chain

PART 09: Global aluminum FRP market

PART 10: Market segmentation by product

PART 11: Global aluminum plates and sheets market by end-user

PART 12: Global aluminum foils market by end-user

PART 13: Market segmentation by geography

PART 14: Key leading countries

PART 15: Market drivers

PART 16: Impact of drivers

PART 17: Market challenges

PART 18: Impact of drivers and challenges

PART 19: Market trends

PART 20: Vendor landscape

PART 21: Key vendor analysis

PART 22: Appendix

For more information visit http://www.researchandmarkets.com/research/fxgjwc/global_aluminum

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Aluminium