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London, United Kingdom, 2008/09/28 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report providing invaluable insights into the European aluminium market.
Report Buyer, has added a new report providing invaluable insights into the European aluminium market.
The report “European Aluminium Market Analysis” shows that the aluminium industry plays a significant role in the European economy. It acts as a direct or indirect source of employment for millions of people in the continent, and also helps in infrastructure developments.
After experiencing a slump in 2006, the trend reversed as the European aluminium industry was ranked the biggest aluminium producer worldwide in 2007. The Central and Eastern European region emerged as the top primary aluminium producer and is expected to dominate the future primary aluminium production and export, while Western Europe is projected to take the shape of the major consumer.
Key findings of the report include:
Primary aluminium consumption of Germany is likely to cross 2 million metric tons by the end of 2011 at a CAGR of around 2%.
Expansion of new bauxite mines is expected to drive the primary aluminium production in France at a CAGR of around 1.55% during the forecast period (2008-2011).
Increasing income is likely to boost the European home building industry, which in turn will be a reason for high aluminium consumption during 2008-2011.
Container and packaging industry, which is an aluminium consuming industry, is projected to surge at a CAGR of over 2% during the period 2008-2012 in Europe.
Russia is anticipated to be a major aluminium exporter in coming years with exports of around 3.7 Million Metric Tons by 2012 end.
Evaluating production and consumption levels, the report extensively studies the European aluminium industry in context of the global aluminium market and evaluates the production and consumption levels, economic stability and future growth prospects. It finds out the various opportunities emerging from the aluminium market and outlines the challenges that act as a ceiling to market growth.
“European Aluminium Market Analysis” is available from Report Buyer. For more information, see website.
Report Buyer product ID: RCS00404
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