Aluminum Alloys Market Rising from a Valuation of US $91.2 Bn in 2013 to an Opportunity of US $126.5 Bn in 2020
The global aluminum alloys market features a relatively fragmented and highly competitive vendor landscape, states Transparency Market Research in a recent report. The market features a high degree of backward integration, with leading aluminum alloy vendors focusing on securing bauxite sources for consistent raw material supply. To sustain in the high level of competition in the market, companies are focusing on strategic collaborations with raw material suppliers, mergers and acquisitions, and increased investment in R&D activities.
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