#steel indsutry
Explore tagged Tumblr posts
pardepsteel · 1 month ago
Text
The Importance of Mild Steel Strips in Punjab’s Manufacturing
Punjab, known for its robust industrial sector, is a major hub for the production of steel products. Among these, mild steel strips play a crucial role in various industries, owing to their versatility, strength, and cost-effectiveness. Mild steel strips are widely used in manufacturing, construction, automotive, and many other sectors, making them a backbone for industrial growth in the region.
What are Mild Steel Strips?
Mild steel strips are flat, thin sheets of steel that are widely used in manufacturing due to their excellent mechanical properties. These strips are made from low-carbon steel, which offers them great flexibility and workability while maintaining the strength needed for industrial applications. The ability to withstand bending, forming, and welding makes mild steel strips a preferred material for a wide range of uses.
Key Applications of Mild Steel Strips
Automotive Industry: Mild steel strips are extensively used in the automotive industry for manufacturing parts such as exhaust pipes, chassis components, and body panels due to their lightweight yet strong nature.
Construction: In the construction sector, mild steel strips are used in the fabrication of roofing, cladding, and structural components, offering durability and resistance to wear and tear.
Packaging: Mild steel strips also find their application in the packaging industry, especially for the manufacturing of steel straps that are used to secure goods for transportation.
Furniture Manufacturing: The strips are used in the production of various types of furniture, providing a strong, durable, and malleable material that ensures longevity.
Mild Steel Strips in Punjab’s Industrial Landscape
Punjab, being home to several steel manufacturing units, has become a key supplier of mild steel strips across India. The state’s strategic location, combined with a strong industrial base, enables manufacturers in Punjab to produce high-quality steel products that meet both national and international standards.
With the growing demand for mild steel strips in diverse sectors such as infrastructure, transportation, and consumer goods, Punjab’s manufacturers are continuously upgrading their production capabilities. The adoption of advanced technology and adherence to quality standards have made the region a reliable source of mild steel strips for various industries.
Conclusion
The demand for mild steel strips in Punjab is on the rise due to their critical role in various industries. From automotive to construction, these versatile steel strips provide the necessary strength, durability, and flexibility needed for modern-day manufacturing. As Punjab continues to strengthen its industrial landscape, mild steel strips remain a key component driving growth and innovation in the region.
0 notes
bhansalicomp · 2 years ago
Text
Bhansali Group is in the business of Stainless Steel since 1970. With around five decades of experience, state-of-the-art infrastructure, numerous export excellence awards, and certificates, we understand this industry in and out. We are serving customers across the world. Our products are shipped to Germany, Sweden, Switzerland, Denmark, USA, Canada,etc. We are ISO 9001:2015 Certified company and is recognized as Star Export House by the government of India. Our Springs are reliable and trusted across the indsutries we deliver. We manufacture springs using best raw materiald which makes them reliable. To know more visit our website.
0 notes
skindustryplots · 4 years ago
Text
Industrial Plot In Sector 37 Gurgaon
Industryplots presents a world category town at Ganaur , that is twenty minutes drive from Old Delhi approximate NH one , close to by Sonipat . set next to the textile industries space at Barhi within the Residential zone of HUDA , we tend to hold unlimited growth chance for its investors and
Residents mutually drives from the Azad pur bye - pass crossing towards our workplace. Passing the alignments of the KMP Expressways and the site of the proposed Rajiv Gandhi Global   Educational  city. Bharat Steel Tubes Ltd. (BST) is a steel tube manufacturer of its old times is the only centre of concern for the development of the Ganaur City. It is also the pioneer company of the Raunaq Group – commissioned in the early sixties, in collaboration with Abbey Etna, USA. It also has DICT (Delhi International Cargo Terminal) and a newly constructed Fruit and Vegetable Mandi (market) named India International Horticulture Market Which is supposed to be the largest fruits & vegetable market of Asia. Ganaur's industrial area is known as Barhi Industrial Area which provides job to a large number of migrant workers.Output
Indsutrial land on the market in barhiSonipat
 Sonipat may be a quickest rifling industrial hub for producing unit. All huge mnc , automobile & food spice company ar returning in sonipat. Sonipat town settled in north Delhi.
Free zone/ NOC zone land on the market purchasable in barwashnisonipat. you'll purchase all size plot. Contact for a lot of detail. Ready to maneuver in plots ar here. this can be a superb area .with stylish carpet area around 2500 sq feet with rs. 10, 000 sq. feet . With 3 tub configuration . ready to move in . gettable for commercialism regarding twenty years previous . automotive parking is to boot gettable with twenty four * seven water and power provide .
 ADDITIONAL knowledge
 Numerous style of facilities unit gettable here like power back ups, Swimming pools ar gettable, on the brink of by parks unit there for children , correct provide of water is on the market for like twenty four hours more as for storing water the storage facilities unit on the market, with this personal terrace is provided with the non-public garden . completely air conditioned rooms with joint visiting park is accessible. With powerful property like Internet/ LAN property, DTH tv faculty, Safe drinkable linguistic communication water system.
 Carpet area is regarding 2500 sq. feet . completely fitted out area. Electricity standing is over twenty four hours powercut. The farm land in Gurgoan is totally freehold and away kind all legal rules of the government. No CLU / automobile CLU Zone in Haryana There ar thirty one blocks in Haryana and there is no would really like for obtaining CLU/ spy for fixing of business Units .In seventy 5 blocks there will be provision of motor vehicle CLU with associate automatic dispensation of deemed clearance simply just in case the competent authority does not decide or grant the CLU within the prescribed timeline below the proper to Service Act once submission of the requisite documents as per the list to be displayed on the e-biz portal.
  A massive space of plot in Sonipat that is benefited concerning 18400 sqyrd that the large height of twenty four feet. also as it's settled close to by twenty two feet wide semi internal road . This industrial land that is purchasable in Sonipat is three facet corner and with coated around a boundary of walls that motive for the safety functions. And if you travel simply [*fr1] kilometre from the property it'll reach to the most road. thence it ensures the most effective property with its town. India is accepted for its accessibility of lumsome quantity of low-cost labours our selected property accommodating around two hundred Labour . This neck of the woods Is also encircled with several food process units . also as water and amusements parks, warehouses with alternative several indsutrial land purchasable. Sonipatindsutrial space that is supposed for sale have clear all its legal issue's with industrial norms , Government due payments and legal arguments. With classy space that facilities several benefits to its peoples with close to by faculties that is simply close to by into five kms from this space. With this hospitals also are inside one to a pair of kms. also as at a distance of five kms banking facilities also are given , more the railway station is set with in ten to fifteen kms. conjointly close to by Restaurants , hotel, market facilities ar on the market.
website :- https://www.industryplots.in/industrial-plots/industrial-plot-for-sale-in-gurgaon.php
Call Now 9910750960
Tumblr media
0 notes
ctrltech · 5 years ago
Video
tumblr
CDM-50L indsutrial dehumidifier which is portable, industrial and commercial. #dehumidifier #IndustrialDehumidifier #UAE #SaudiArabia
https://www.industrial-dehumidifier.ae/industrial-dehumidifier/why-best-dehumidifier-tag-for-cdm-50l-model
Following features make CDM-50L industrial dehumidifier makes its best in category.
• This portable dehumidifier has built in tank of 5.5 liter. • It has facility to connect hose pipe for continuous drainage. • This large dehumidifier fitted with LCD control panel. • User can set required humidity, on/off timer from panel. • Totally automatic operation, unit turn on and off if room humidity more or less than set humidity respectively. • Body casing of this dehumidifier system is made up of steel. • Unit provided with two front and two back wheels and push handle. • Also can use as swimming pool dehumidifier
CtrlTech dehumidifiers offers all kind of dehumidifiers in UAE, Saudi Arabia, Oman & Qatar. dehumidifier, Industrial dehumidifier, best dehumidifier, dehumidifier system, portable dehumidifier, large dehumidifier, humidity, humid, Dubai, Jeddah, Riyadh, Muscat, Oman
0 notes
veteranindustries-blog · 5 years ago
Link
Veteran Industries (+91-9873903011) is an indsutrial machinery exporter who made the best quality of stailess steel  fastener and clamps.
0 notes
moinpatni-blog · 6 years ago
Text
Aluminum Market - Business Growth Strategies, Worth Estimated to reach USD $ 221,132.84 Million Dollar, at a CAGR of 6.48% | During the Forecast Period 2018 to 2023
Aluminum Market
Aluminum Market Abstract: Aluminum Market is estimated to reach USD $ 221,132.84 Million Dollar by the end of 2023, expanding at a CAGR of 6.48% during the forecast period.
Aluminum Market is projected to grow significantly on account of increasing demand from major end uses such as transportation, building & construction, and industrial machinery. The primary factors driving growth of the market are the rising use of the light weight vehicles, growing demand for lightweight yet durable material in numerous industrial applications, and ever increasing demand of the product from construction industry. The global automotive market is estimated to grow at higher CAGR to mark over USD $ 90 Billion revenue in 2017. This is anticipated to boost growth of the global aluminum market in manufacturing light yet durable automotive parts. Moreover, surging demand from electronics, packaging and consumer goods applications is expected to further boost growth of the market.
Aluminum products are used in various industries such as transportation, packaging, construction, and others.  40% of the global aluminum market’s products was used in the transportation industry in 2015. The construction industry is expected to grow due to better lifestyle and increase in disposable incomes of the population of both developed and developing economies. The packaging industry is also one of the major end-users of the aluminum market and it is expected that this industry will grow significantly. The increasing demand of aluminum is directly proportional to the growing demand for value-added and recycled products. Aluminum industry does not have any bad effect on the environment due to which demand of the aluminum industry has increased. The growing preference of aluminum products for sustainable and innovative technology will also drive the aluminum market globally.
Aluminum Market Application: Aluminum bodied pickup trucks and cars is expected to be the game changer in the coming years; for instance, in 2015, Ford Motor Company, launched world’s first ever aluminium bodied pickup truck, Ford F-150, the aluminium bodied pickup truck is nearly 700 pounds lighter as compared to the steel bodied FordF-150, making it lighter, fast, durable and enhancing the overall appeal of the vehicle. Thus, prevailing trend of increased use of aluminium is expected to surge demand for aluminium metal with more automotive manufacturers adopting aluminium for automotive production.
Aluminum are segmented on basis of type and end-use. Globally, aluminum market is growing due to the logistic and automobile industry. In the developing transport sector, use of aluminum has increased in automobile manufacturers due to its effectiveness, cost effectiveness, sustainability, safety, and durability. The demand for aluminum in the automotive industry is also increasing rapidly due to the development of lightweight and high-quality products. Automotive manufacturers are using non-ferrous casting materials such as alloys of aluminum, zinc and magnesium as these materials are lightweight, resistant to corrosion and have high conductivity. The growing demand for lightweight, faster and fuel-efficient vehicles will result in more use of aluminum in the automotive industry in the coming years.
Aluminum Market the most significant end-user, holds almost 42% of the aluminum market and this includes users in Japan. Along with this 36% of North American and West European aluminum shipments also has a major share in the growth of the market. This is almost opposite to the situation which existed 40 years ago when this end-user market was responsible for just 20% of total consumption of aluminum in the United States, Japan or Germany. According to MRFR analysis, firm in this field, like automakers are using aluminum more as compared to other materials to be used in  making new car and light truck so that they are safe, cost effective as well as lightweight.   North American auto producers say  that since light weight  vehicles uses less fuel and have less automobile emission which makes aluminum the most demanded  material in the engine and wheel market  and is thus gaining market share . Aluminum usage increased every year for nearly 35 years and in 2010 its usage was 150kg in 2010 and should be around 156kg in 2012. Stricter fuel rules will make way for aluminum to be used in bumpers, heat shields, brake calipers, ABS and driveline components, cylinder heads and bed plates.
Aluminum is a lightweight metal, which is produced from bauxite. Bauxite is rich in aluminium oxides, which is melted and electrolysed to produce different types of aluminium alloys. These alloys are further processed to make value added products such as cans, foils, utensils, frames, and structure among others. The market is primarily driven by the increasing adoption of aluminium in the automotive sector with increasing scrutiny on emissions from vehicle and prevalence of lightweight trends in the automotive sector.
Aluminum Market Key Players: Aluminum Market includes are: United Company Rusal, Aluminum Corporation of China Limited, Alcoa Inc., BHP Billiton GroupRio Tinto, Norsk Hydro Asa, Century Aluminum Company, Rio Tinto, China Hongquiao Group Limited, Aluminum Bahrain B.S.C. and Hindalco Indsutries Limited.
Aluminum Market Key Findings: Aluminum Market is projected to reach USD $ 221.14 Billion Dollar by 2023 at a CAGR of 6.48% during the review period 2017-2023. The Asia-Pacific market is accounted for the largest share and estimated to grow at CAGR of 6.69% to reach USD $ 141.95 Billion Dollar till 2023 due to growing end-use industries in this region.
Aluminum Market Regional Analysis: Aluminum Market mainly includes automotive and construction industries due to better and modern lifestyle which is followed in Asia Pacific and North America.
China’s aluminum production has grown rapidly. In 2010, China produced 7.7 Million Tons of aluminum, and has an average annual growth rate of 15% with respect to contributing in the growth of the aluminum market in the last ten years till 2015. Although China is the world’s largest producer and consumer of aluminum, it is not a major exporter or importer of aluminum (although it does export value-added products such as extrusions). In 2015, Russia was the world’s largest exporter of aluminum, exporting 3.4 Million Tons, which accounts for 18 % of the total export of aluminum globally. The world’s largest importer in 2015 was Germany, which imported 2.59 Million Tons which is equivalent to 11 % of the world’s total imports.
Aluminum production cost includes in these four things: labour, power support, consumables, alumina feed and others. Australia has the lowest unit cost for alumina feed, but has the highest unit cost for labour. China is accounted have the highest unit cost for power and lowest unit cost for administration and support.  Unit costs in Australia, China and India are same with respect to global aluminum market is same. The unit cost in these countries are more when compared to Indonesia and when compared to Malaysia, the unit cost in these countries are low.
Aluminum Market Competitive Analysis: Aluminum is a consolidated market with 80% market being controlled by the top ten players operating in the market, the competition is moderate among the players. Furthermore, almost all the aluminium manufactures are upstream integrated and owns bauxite mines for raw material sourcing, which is an advantage for existing players in the aluminium metals market. Strategies adopted by the players in the market include product development and expansion among others. For instance, RUSAL expanded its aluminium value added products output by adding a “Properzi” rolling mill into operation at its Kandalaksha Aluminium Smelter facility. The company invested USD 19.8 million in the new equipment capable of producing 50 KT aluminium value added products per annum.
Aluminum Market Segmentation: Aluminum Market is majorly segmented on the basis of types, and end-use. Based on the type the market is segmented into wrought aluminum alloy and Cast aluminum alloy. Further on the basis of function the market is classified into Transportation, Automobile, Packaging, and Building &Construction
Download exclusive Sample of this report @ https://www.marketresearchfuture.com/sample_request/2031
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/aluminum-market-2031
THANK YOU
0 notes
millioninsightsreports · 7 years ago
Text
Global Manhole Covers Market Size and Gross Margin Analysis to 2021
Global Manhole Covers Market is segmented on the basis of product types, application, and geography. A manhole cover is a removable plate forming the cover over the opening of a manhole to avoid anything or anyone from falling in and to keep out unauthorized materials and persons. Manhole covers are made from cast iron, concrete or mixture of both. These manhole covers are inexpensive, heavy and strong. Generally their weight is more than 50 kilograms (110 lb). The weight helps to stay in that place when traffic passes over them and it is difficult for unauthorized people not having suitable tools to remove these manhole cover.
Tumblr media
Especially in Europe, manhole covers are constructed from glass reinforced plastic or the other composite material. Due to legislations restricting acceptable manual handling weights, Europe has seen a move towards lighter weight composite manhole cover materials, which also has the benefits of electrical insulating properties and greater slip resistance.There are various manhole covers available in the market such as FRP or GRP manhole covers, BMC manhole covers, and SMC manhole covers. These manhole covers need to be covered so that a pedestrian could cross the road or walk through the sidewalk safely and they are also also necessary for the cars to run smoothly on the roads without having the fear that their tires might get jammed in.
View Summary of This Report @ https://www.millioninsights.com/industry-reports/manhole-covers-market
The manhole covers market is driven by the rising construction sector. With a growing real-estate industry and increasing population the need for manhole has become an important requirement. This fuels the demand for manhole covers market across the globe. Moreover, increased government initiatives to strengthen the civic system in countries of Asia Pacific drives the market for manhole covers. The manhole covers market is expected to show a tremendous growth in future. Manhole covers market is segmented on the basis of product types, application, and geography.
Based on product types, the manhole covers market is classified as metal cap, regenerated resin, polymer matrix composites, high strength steel fiber cement concrete, stainless steel, cast iron, and so on. Based on application, the manhole covers market is classified as airport & port, municipal, facility, and so on. Based on geography, the manhole covers market is classified as Europe, Latin America, Middle East & Africa, North America, and Asia Pacific.
The manhole covers industry in Asia Pacific rules the roost. It will develop at a CAGR during the forecast period. The region is expected to show fast economic and infrastructural growth. In Asia Pacific, construction sector is growing with loads of investments in the regions of India and China. Moreover, the increased government initiatives for municipal and civic areas are a key driver.Middle East & Africa, Latin America and Europe are expected to grow at the highest CAGR in the years to come. The key players of manhole covers indsutry are EJ, Eagle Manufacturing Group, Aquacast, Peter Savage, Arcova, Fibrelite (Dover), Crescent Foundry, DKG, Ducast, SSI, ZIBO BAOGAI, Teng Co, Taizhou Zhonghai, Manhole Manhole Covers, Polieco, Fivestar, Xianxian Huihuang and Beijing Sanqun.
Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/manhole-covers-market/request-sample
0 notes
royalsteelindia-blog · 8 years ago
Text
Now International-Grade Seamless Pipes Are Just A Phone Call Away In Mumbai
There are many Mumbai-based manufacturers and suppliers of International-grade plumbing and fitting products. Thanks to them clients can easily get immaculate, highly-customizable Flanges, carbon fittings, Forged plumbing products, etc.
Since the last many decades, the use of such products has increased tremendously in India and an industrial city like Mumbai, it is very important for the clients to get them at an affordable rate. There are many manufacturers who have kept pace with the way the industry has changed, and that is how the survival of the fittest has taken place in the city.
You can’t lead the industry until you thwart away the market competition from your path. The mission of the manufacturers should be to improve their services and products and to satisfy the customers no matter what the condition of the market is. As the technology is advancing regularly, it is also vital to have the latest manufacturing machines and technicians who can operate them.
The clients should be sure about the quality of the products they are receiving and should be able to invest in them without breaking the bank. Carbon fittings and flanges are not that easy to come by that can boast about the structure but thanks to manufacturers like Royal Steel India, clients can blindly approach such products in Mumbai.
The company has been active in the industry for more than three decades and is the leader of the market as far as Carbon steel fitting manufacturers in India are concerned. All the products that the company manufactures are prepared using the latest machines and raw materials that are carefully collected from all over the countr. The company has been at the center of the indsutry for a long time now and is known for having some of the most experienced and dedicated team of engineers and technicians who help in designing immaculate, durable steel products.
One more thing that is vital in an industry as complexly structured as this is the availability of products that can be customized according to the demands of the projects and applications – you can’t have similar products for every requirement. This is where the company excels and is rated among the top MS Seamless Pipe Dealers in India.
For all those who are looking for investing in International-grade highly-customizable stainless steel plumbing products, Royal Steel India is the name to work with.
0 notes
pardepsteel · 3 months ago
Text
Why Choose a Mild Steel Bar Manufacturer in Punjab?
Mild steel bars are a cornerstone in construction and infrastructure projects, widely recognized for their versatility, durability, and cost-effectiveness. For builders and contractors in Punjab, choosing a reliable local manufacturer can make a significant difference in project outcomes. Here’s why selecting a mild steel bar manufacturer in Punjab is a strategic move for your construction needs.
Proximity Equals Cost Efficiency
One of the key benefits of partnering with a local manufacturer in Punjab is the reduced transportation costs and shorter delivery times. Mild steel bars are bulky and heavy, leading to significant logistics expenses when sourced from distant locations. By choosing a manufacturer close to your project site, you not only save on transportation costs but also minimize delays caused by long shipping times, ensuring that your project stays on schedule.
Quality Assurance Through Local Expertise
Punjab’s mild steel bar manufacturers have extensive experience in catering to the region's unique construction needs. They understand the local environmental conditions, soil types, and building regulations, which allows them to produce steel bars that are specifically designed to withstand these conditions. Additionally, local manufacturers are more accessible for on-site quality checks and audits, providing reassurance that you are receiving materials that meet the required standards.
Customized Solutions for Diverse Requirements
Every construction project is unique, and so are its material requirements. A reputable mild steel bar manufacturer in Punjab offers the flexibility to customize products according to specific dimensions, grades, and finishes. This level of customization ensures that you get the exact product specifications you need, enhancing the structural integrity and performance of your projects.
Commitment to Sustainable Practices
Many local manufacturers in Punjab are embracing sustainable practices, such as using energy-efficient production methods and sourcing raw materials responsibly. By choosing a manufacturer that prioritizes sustainability, you contribute to reducing the carbon footprint of your construction project. Additionally, sustainable practices often result in superior products that are built to last, providing long-term value.
Strong Customer Support and Community Connection
Local manufacturers often pride themselves on building strong relationships with their clients. With a manufacturer based in Punjab, you can expect a higher level of customer service, personalized attention, and quicker responses to any issues or concerns. Furthermore, partnering with a local business strengthens the regional economy and supports community development.
Competitive Pricing and Flexible Payment Options
Local mild steel bar manufacturers in Punjab are more likely to offer competitive pricing and flexible payment options compared to larger, distant suppliers. This flexibility can be especially beneficial for small to medium-sized contractors working within tight budgets. Negotiating directly with local manufacturers allows for better pricing terms and payment plans that align with your cash flow and project timelines.
Conclusion
In conclusion, choosing a mild steel bar manufacturer in Punjab offers numerous advantages, from cost efficiency and quality assurance to customized solutions and sustainable practices. By opting for a local manufacturer, you ensure that your construction projects are supplied with reliable, high-quality materials while supporting local businesses and the community.
If you are looking for a trusted and experienced mild steel bar manufacturer in Punjab, consider partnering with a company that prioritizes quality, sustainability, and customer satisfaction. Make the smart choice today for a successful and sustainable tomorrow.
1 note · View note
moinpatni-blog · 6 years ago
Text
Aluminum Market 2018 Upcoming Opportunities, Growth is Estimated to Reach USD $ 221,132.84 Million Dollar, at a CAGR of 6.48% Analysis by MRFR till 2023
Aluminum Market
Aluminum Market Abstract: Aluminum Market is estimated to reach USD $ 221,132.84 Million Dollar by the end of 2023, expanding at a CAGR of 6.48% during the forecast period.
Aluminum Market is projected to grow significantly on account of increasing demand from major end uses such as transportation, building & construction, and industrial machinery. The primary factors driving growth of the market are the rising use of the light weight vehicles, growing demand for lightweight yet durable material in numerous industrial applications, and ever increasing demand of the product from construction industry. The global automotive market is estimated to grow at higher CAGR to mark over USD 90 billion revenue in 2017. This is anticipated to boost growth of the global aluminum market in manufacturing light yet durable automotive parts. Moreover, surging demand from electronics, packaging and consumer goods applications is expected to further boost growth of the market.
Aluminum products are used in various industries such as transportation, packaging, construction, and others. 40% of the global aluminum market’s products was used in the transportation industry in 2015. The construction industry is expected to grow due to better lifestyle and increase in disposable incomes of the population of both developed and developing economies. The packaging industry is also one of the major end-users of the aluminum market and it is expected that this industry will grow significantly. The increasing demand of aluminum is directly proportional to the growing demand for value-added and recycled products. Aluminum industry does not have any bad effect on the environment due to which demand of the aluminum industry has increased. The growing preference of aluminum products for sustainable and innovative technology will also drive the aluminum market globally.
Aluminum Market Application: Aluminum Market the most significant end-user, holds almost 42% of the aluminum market and this includes users in Japan. Along with this 36% of North American and West European aluminum shipments also has a major share in the growth of the market. This is almost opposite to the situation which existed 40 years ago when this end-user market was responsible for just 20% of total consumption of aluminum in the United States, Japan or Germany. According to MRFR analysis, firm in this field, like automakers are using aluminum more as compared to other materials to be used in making new car and light truck so that they are safe, cost effective as well as lightweight.
Aluminum are segmented on basis of type and end-use. Globally, aluminum market is growing due to the logistic and automobile industry. In the developing transport sector, use of aluminum has increased in automobile manufacturers due to its effectiveness, cost effectiveness, sustainability, safety, and durability. The demand for aluminum in the automotive industry is also increasing rapidly due to the development of lightweight and high-quality products. Automotive manufacturers are using non-ferrous casting materials such as alloys of aluminum, zinc and magnesium as these materials are lightweight, resistant to corrosion and have high conductivity.
Aluminum bodied pickup trucks and cars is expected to be the game changer in the coming years; for instance, in 2015, Ford Motor Company, launched world’s first ever aluminium bodied pickup truck, Ford F-150, the aluminium bodied pickup truck is nearly 700 pounds lighter as compared to the steel bodied FordF-150, making it lighter, fast, durable and enhancing the overall appeal of the vehicle. Thus, prevailing trend of increased use of aluminium is expected to surge demand for aluminium metal with more automotive manufacturers adopting aluminium for automotive production.
Aluminum Market Key Players: Aluminum Market includes are: United Company Rusal, Aluminum Corporation of China Limited, Alcoa Inc., BHP Billiton GroupRio Tinto, Norsk Hydro Asa, Century Aluminum Company, Rio Tinto, China Hongquiao Group Limited, Aluminum Bahrain B.S.C. and Hindalco Indsutries Limited.
Aluminum Market Key Findings: Aluminum Market is projected to reach USD 221.14 billion by 2023 at a CAGR of 6.48% during the review period 2017-2023. The Asia-Pacific market is accounted for the largest share and estimated to grow at CAGR of 6.69% to reach USD 141.95 billion till 2023 due to growing end-use industries in this region.
Download exclusive Sample of this report @ https://www.marketresearchfuture.com/sample_request/2031
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/aluminum-market-2031
THANK YOU
0 notes