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Middle East and Africa Aluminum Market: By Product, By Type, By Application and Country
Middle East and Africa Aluminum Market: By Product, By Type, By Application and Country
Middle East and Africa Aluminum Market was valued at US$ x million in 2022 and is poised to grow at a CAGR of 4.4% from 2023-2029. Some of the key factors responsible for the market growth include rise in Middle East & Africa economic growth rate, continuous advancements in transport industry, ongoing R&D activities to develop innovative and growing automobile industry. Moreover, an increase in net aluminum pounds per vehicle is one of the major trends being witnessed in this market. Middle East & Africa aluminum market is surging owing to frequent acquisitions and launchings by the market players. For instance, Alcoa together with Rio Tinto announced world's first carbon-free aluminum smelting process. This is a revolutionary smelting process that can deliver a significant reduction in carbon emissions. It builds on the key role aluminium has to play in driving human progress, by making products infinitely recyclable, stronger, lighter, and more fuel-efficient.
The booming construction sector in countries will positively impact the market. Aluminum is engaged in the construction industry owing to its performance properties such as high reflectivity, design, high strength-to-weight ratio, durability, flexibility, and low maintenance. They are generally used in structural components of a building during its construction. In the development of infrastructure such as flyovers and bridges besides commercial and residential buildings aluminum alloys are used due to their properties such as lightness of weight and high corrosion resistance.
South Africa accounted for larger revenue share in Middle East & Africa aluminum market with considerable CAGR. The growth can be attributed to increase in applications across various end-user industries and growth in income of people living in urban areas.
Latin America
Europe
Asia Pacific
Middle East
North America
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The middle east and africa aluminium market growing at a CAGR of 4.4%
The report covers the countries market data: Saudi Arabia, United Arab Emirates, South Africa.
Alcoa Corporation, Aluminum Bahrain, Aluminum Corporation of China, BHP Billiton Aluminum Australia Pty Ltd. , Century Aluminum Company, China Hongqiao Group , Emirates Middle East & Africa Aluminum PJSC
| 1.Executive Summary |
| 2.Global Middle East and Africa Aluminum Market Introduction |
| 2.1.Global Middle East and Africa Aluminum Market - Taxonomy |
| 2.2.Global Middle East and Africa Aluminum Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Type |
| 2.2.3.Application |
| 2.2.4.Country |
| 3.Global Middle East and Africa Aluminum Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Middle East and Africa Aluminum Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Middle East and Africa Aluminum Market By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Flat Rolled, |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pigment & Powder, |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Forgings, |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Extrusions, |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Castings, |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Rod & Bar and |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6.Global Middle East and Africa Aluminum Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Secondary/Recycled Aluminum |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Primary Aluminum |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Middle East and Africa Aluminum Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Building & Construction |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Consumer Goods |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Electrical |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Foil & Packaging |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Hardware & Accessories |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Machinery & Equipment |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Solar Industry |
| 7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Transportation |
| 7.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 7.9. Utensils |
| 7.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.9.3. Market Opportunity Analysis |
| 7.10. Others |
| 7.10.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.10.3. Market Opportunity Analysis |
| 8.Global Middle East and Africa Aluminum Market By Country, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. GCC Countries |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. South Africa |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Rest of MEA |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.GCC Countries Aluminum Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Flat Rolled, |
| 9.1.2.Pigment & Powder, |
| 9.1.3.Forgings, |
| 9.1.4.Extrusions, |
| 9.1.5.Castings, |
| 9.1.6.Rod & Bar and |
| 9.1.7.Others |
| 9.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Secondary/Recycled Aluminum |
| 9.2.2.Primary Aluminum |
| 9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Building & Construction |
| 9.3.2.Consumer Goods |
| 9.3.3.Electrical |
| 9.3.4.Foil & Packaging |
| 9.3.5.Hardware & Accessories |
| 9.3.6.Machinery & Equipment |
| 9.3.7.Solar Industry |
| 9.3.8.Transportation |
| 9.3.9.Utensils |
| 9.3.10.Others |
| 10.South Africa Aluminum Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Flat Rolled, |
| 10.1.2.Pigment & Powder, |
| 10.1.3.Forgings, |
| 10.1.4.Extrusions, |
| 10.1.5.Castings, |
| 10.1.6.Rod & Bar and |
| 10.1.7.Others |
| 10.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Secondary/Recycled Aluminum |
| 10.2.2.Primary Aluminum |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Building & Construction |
| 10.3.2.Consumer Goods |
| 10.3.3.Electrical |
| 10.3.4.Foil & Packaging |
| 10.3.5.Hardware & Accessories |
| 10.3.6.Machinery & Equipment |
| 10.3.7.Solar Industry |
| 10.3.8.Transportation |
| 10.3.9.Utensils |
| 10.3.10.Others |
| 11.Rest of MEA Aluminum Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Flat Rolled, |
| 11.1.2.Pigment & Powder, |
| 11.1.3.Forgings, |
| 11.1.4.Extrusions, |
| 11.1.5.Castings, |
| 11.1.6.Rod & Bar and |
| 11.1.7.Others |
| 11.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Secondary/Recycled Aluminum |
| 11.2.2.Primary Aluminum |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Building & Construction |
| 11.3.2.Consumer Goods |
| 11.3.3.Electrical |
| 11.3.4.Foil & Packaging |
| 11.3.5.Hardware & Accessories |
| 11.3.6.Machinery & Equipment |
| 11.3.7.Solar Industry |
| 11.3.8.Transportation |
| 11.3.9.Utensils |
| 11.3.10.Others |
| 12. Competition Landscape |
| 12.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 12.2.1.Alcoa Corporation |
| 12.2.2.Aluminum Bahrain |
| 12.2.3.Aluminum Corporation of China |
| 12.2.4.BHP Billiton Aluminum Australia Pty Ltd. |
| 12.2.5.Century Aluminum Company |
| 12.2.6.China Hongqiao Group |
| 12.2.7.Hindalco Industries Limited |
| 12.2.8.Norsk Hydro ASA |
| 12.2.9.Rio Tinto Alcan Inc. |
| 12.2.10.Rio Tinto Australia |
| 12.2.11.RUSAL |
| 12.2.12.Vedanta Ltd. |
| 13. Research Methodology |
| 14. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.