Aluminum FRP Market 3.60% CAGR by 2021 Increased Adoption of Green Initiatives

Jun 27, 2017

The following companies as the key players in the global aluminum FRP market: Alcoa, Aleris, Norsk Hydro, Novelis, and RUSAL. Other prominent vendors in the market are: Alnan Aluminium, AMAG Austria Metall, CHINALCO, Constellium, ELVAL, Gulf Aluminium Rolling Mill (GARMCO), Hulamin, Jindal Aluminum, JW Aluminum, Kaiser Aluminum, Kobe Steel, MET TRADE INDIA, Shandong Nanshan Aluminum, UACJ, Vedanta Resources, and Yunnan Aluminium.

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The analysts forecast global aluminum FRP market to grow at a CAGR of 3.60% during the period 2017-2021.One trend in the aluminum FRP market is growing mass transportation. With the increasing population, demand for public transport is increasing. High-speed trains are gaining popularity due to convenience and time.

According to the aluminum FRP market report, one driver in the market is increased adoption of green initiatives. To reduce pollutants, governments in various countries are encouraging the use of aluminum instead of other metals. For instance, the green car incentive policy introduced by Japanese government provided incentives to promote the purchase of new eco-friendly vehicles and scrapping old less-efficient vehicles to reduce greenhouse gas emissions. The use of aluminum FRPs in buildings and constructions helps buildings to achieve green status.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Global Aluminum FRP Market 2017-2021, 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. The report covers the present scenario and the growth prospects of the global aluminum FRP market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Further, the aluminum FRP market report states that one challenge in the market is increasing applications of composite materials in aerospace industry. The aerospace industry has witnessed a rise in the use of composite materials. The latest line of modern aircraft has seen rapid development in the structure of aircraft, including the Boeing 787 with about 48% composite content and A350 XWB with about 50% composite content. Further, the aerospace industry is looking to increase the composite content in aircraft to more than 50%, thereby resulting in a significant reduction in the overall weight of the aircraft.

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

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Keywords: Aluminum FRP Market Outlook, Aluminum FRP Industry, Aluminum FRP Market size, Aluminum FRP Market Growth, Aluminum FRP Market Trends

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