(EMAILWIRE.COM, July 02, 2018 ) The alumina and aluminium production and processing market include establishments mainly involved in alumina extraction primarily from bauxite ore, producing aluminium from alumina, recovering aluminium from scrap or dross, refining aluminium by any process, alloying purchased aluminium and rolling, drawing, casting, extruding and alloying aluminium and aluminium-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.

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The alumina and aluminium production and processing market is valued at $257 billion in 2017 because of the rise in demand from emerging new end-use market as nowadays aluminium is used in light vehicle manufacturing. Asia Pacific was the largest region in 2017, accounting for two-fifth of the market share.
The alumina and aluminium production and processing market in The Business Research Company’s report is divided into three segments. Aluminium product manufacturing from purchased aluminium was the largest segment with almost seventy percent of the market. Secondary smelting and alloying of aluminium was the second largest segment with near about one-fifth share of the market. Remaining 14% share was taken up by alumina refining and primary aluminium production.

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China was the largest country in the alumina and aluminium production and processing market in 2017, accounting for one-fifth of the market share. This is due to the presence of major aluminium producers in the country as well as China’s large manufacturing, construction, and packaging industries. China was followed by the USA and Germany.
The top five competitors of the market are Rio Tinto, Weiqiao/ Hongqiao Group, United Co RUSAL PLC, Alcoa, and Norsk Hydro. Rio Tinto was the biggest player in the market in 2017. It is an Australian-British multinational company and one of the leading metals and mining corporations. It operates into iron ore, aluminium, copper and diamonds, and energy and mineral. The company is headquartered in London, United Kingdom.

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