Aluminum Market Type| Industry Trends, Share, Demand, Growth, Opportunity and Forecasts
Overview The global aluminum market will register growth at a CAGR of 6.5%. The market for aluminum is set to reach USD 235.8 billion by 2025. As per the analysts, the global market is anticipated to witness growth owing to the factors such as increasing demand for aluminum in china as well as increasing use of high-strength aluminum in aerospace. However, the market will face challenges and restraints due to adverse effects of bauxite mining and concerns regarding high levels of pollution during the forecast period 2017-2025. The government's influence in facilitating the availability in the global market is set to play a key role in determining the growth potential during 2017-2025 years. Analysts have also studied the global market to understand potential threats and challenges the aluminum market companies could face. Although the market is poised to grow at a fast pace across type, applications, and products segments, factors such as secondary aluminum could slow down t