Global aluminum foil market to grow at a CAGR of 5.22% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is disadvantages of plastic packaging. Developments in technology and innovative product designs are promoting the need for new packaging materials for pharmaceutical products.
The latest trend gaining momentum in the market is increasing product innovations. Major vendors are competing with new product innovations to meet the global demand for aluminum foils.
Further, the report states that one of the major factors hindering the growth of this market is increasing closures of aluminum smelting units. Aluminum smelting and casting manufacturers mainly depend on energy resources such as natural gas and electricity. Due to the energy-intensive processing, electricity expenses account for approximately 60% of the total cost of aluminum casting production.
- Ess Dee Aluminum
- Gulf Aluminium Rolling Mill
- Hindalco Novelis
- Norsk Hydro
Other Prominent Vendors
- Assan Alminyum Sanayi ve Ticaret
- Laminazione Sottile
- Chinalco Henan Luoyang Aluminum Foil
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Segmentation by End-User
Part 06: Regional Landscape
Part 07: Decision Framework
Part 08: Drivers and Challenges
Part 09: Market Trends
Part 10: Vendor Landscape
Part 11: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/gndbhd/global_aluminum?w=4