DUBLIN--(BUSINESS WIRE)--The "Non-Ferrous Metals - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Non Ferrous Metals Market is expected to grow at a CAGR of 8.0% during the forecast period.
The market is expected to grow at a significant pace owing to high demand for castings from industrial machinery, automobile, constructional and electrical segments. In addition, increasing demand for non ferrous metals from emerging reasons is one of the key factors contributing to the market growth.
Nonferrous metals are used for structural building that requires less weight, nonmagnetic properties, more strength, resistance to corrosion. They are also specified for electrical and electronic applications. Major nonferrous metals include copper, aluminum, lead, and zinc. Non-ferrous are metals other than iron and alloys that contain little to no iron. Other non-ferrous metals include brass, titanium, beryllium, nickel and zinc.
Amongst product, copper segment is accounted for significant shares in the global market. The increase in building and construction expenditure will increase the demand for copper tubes, wires and other copper products for applications such as electrical, building wire, and plumbing. Copper's chemical and physical properties make it an obvious choice in high-end technological applications. The Asia-Pacific held the largest market share as there is an increase in the production at existing plants and new expanded capacities at electrolytic plants.
Companies Mentioned
- Aluminum Corp. of China Ltd.
- Vale S.A.
- Rio Tinto plc
- Anglo American plc
- BHP Billiton plc
- MMC Norilsk Nickel JSC
- Glencore Xstrata plc
- Sumitomo Metal Mining Co Ltd
- United Co. RUSAL plc
- Jiangxi Jutong Co. Ltd.
- Alcoa Inc.
- Hindalco-Novelis
- United Company RUSAL Plc
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Non Ferrous metals Market, By Product
6 Global Non Ferrous metals Market, By Geography
7 Key Developments
8 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/kjzqnv/global?w=4
