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Secondary Aluminium Market

The global Secondary Aluminium Market is predicted to reach USD 160.53 billion with a CAGR of 6.8% by 2030. Secondary aluminium refers to aluminium that is produced through the recycling and reprocessing of aluminium scrap rather than being extracted directly from bauxite ore using primary aluminium production methods. The process of obtaining secondary aluminium typically involves collecting aluminium scrap from discarded products, manufacturing waste, and other sources. This scrap is then melted in a furnace where impurities are removed to produce recycled aluminium.

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Secondary Aluminium Market

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  1. ???????????????????????? The global Secondary Aluminium Market size is predicted to reach USD 160.53 billion with a CAGR of 6.8% by 2030 Next Move Strategy Consulting

  2. Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting

  3. Market Overview Secondary aluminium refers to aluminium that is produced through the recycling and reprocessing of aluminium scrap rather than being extracted directly from bauxite ore using primary aluminium production methods. • The increasing governmental efforts to reduce carbon emissions and promote sustainability are encouraging industries to embrace secondary aluminium. • The increasing demand for recycled aluminium in the automotive and transportation industries to produce items such as aluminium sheets and alloys is fueling growth in the secondary aluminium market. • The availability and competitive pricing of alternative materials including steel and plastic affect the demand for secondary aluminium is further hindering the market expansion. • Next Move Strategy Consulting

  4. Market Segmentation By Source of Aluminium • Post-Consumer Scrap • Industrial Scrap By Alloy Type • Cast Aluminium Alloys • Wrought Aluminium Alloys By Purity Level • High Purity Aluminium • Standard Purity Aluminium By End User • Transport • Consumer Goods • Machinery & Equipment • Construction • Foil and Packaging • Electrical Engineering • Other End User Next Move Strategy Consulting

  5. Regional Analysis North America • The U.S. • Canada • Mexico Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

  6. Key Market Players • Alcoa Corporation • Audubon Metals LLC • State Metal Industries • Superior Aluminium Alloys • Eccomelt • Romco Metals • Aluminium Recovery Technologies • Latem Aluminium • Grupo Otua • Hindalco Industries Limited Next Move Strategy Consulting

  7. Key Highlights Recycling Growth: The market is driven by the rising demand for recycled aluminum, which requires less energy and reduces carbon emissions compared to primary aluminum production. Market Size and Trends: The global secondary aluminum market is expected to expand significantly, supported by industrial applications in automotive, construction, and packaging sectors. Technological Advances: Innovations in recycling technologies are enhancing recovery rates and quality of recycled aluminum, making it more competitive with primary sources. Supply Chain Dynamics: The availability of scrap aluminum, driven by urban mining and end-of-life vehicle recycling, is crucial for market stability. Next Move Strategy Consulting

  8. THANK YOU Next Move Strategy Consulting Follow us www.nextmsc.com info@nextmsc.com +1-217-650-7991 Access Full Report - https://www.nextmsc.com/report/secondary-aluminium-market Next Move Strategy Consulting

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