Los Angeles, CA -- (SBWire) -- 02/02/2019 --Aluminum plate, aluminum from 0.008 inches to less than 0.25 inches thick is considered sheet. Thinner aluminum is foil and aluminum 0.250 inches and thicker is plate. In this report, the statistics data is aluminum plate with over 0.250 inches thickness. At present, in the foreign industrial developed countries the aluminum plate industry is generally at a more advanced level, the world's large enterprises and production are mainly concentrated in the United States, Europe, etc.
Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as Chinese aluminum plate production enterprise technology continues to improve. The global Aluminum Plate industry reached a production volume of approximately 1131.1 K MT in 2017, and is expected to reach 1658.9 K MT in 2025.
The largest market is in China. The market will reached a production volume of approximately 378.6 K MT in 2017, and the production volume share is 33.47%, and the secondary market is Europe, it will reached a revenue production volume of 350.9 K MT in 2017, and the production volume share is 31.02%. Now, the leading manufacturers of Aluminum Plate located in the USA, Europe, such as Constellium (Europe), Kaiser Aluminum (USA), Alcoa (USA), Aleris (USA). New enterprise can cooperate with the leading company, such as Constellium, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share.
Although Aluminum Plate brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field. The global Aluminum Plates market is valued at 4820 million US$ in 2018 is expected to reach 7230 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025.
This report focuses on Aluminum Plates volume and value at global level, regional level and company level. From a global perspective, this report represents overall Aluminum Plates market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Constellium
Alcoa
Aleris
KUMZ
Furukawa-Sky
Kobelco
AMAG
Alimex
GLEICH GmbH
Hulamin
Segment by Regions
North America
Europe
China
Japan
Segment by Type
2XXX
5XXX
6XXX
7XXX
Segment by Application
Aerospace & Defense
Mechanical Engineering or Mold
Railway & Shipping Industry
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Aluminum Plates Market Is Expected to Reach 7230 Million USD by the End of 2025 - QYResearch
Aluminum Plates Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.