After recapitulating the aluminium industry market in the year gone by, now it is the time to speculate how the earlier investments, policy changes, and price trend is going to transpire the market this year. This is the reason why AlCircle has recently launched a report “Global Aluminium Industry Outlook 2020”, whereby it has shared its forecast and estimation for the entire value chain of the metal.
{alcircleadd}Given the slowdown in aluminium demand and prices due to economic downturn and trade issues raised by the US, industry players and market participants have downwardly revised its forecast. According to them, the industry may face some uncertainty in the first half of 2020 because of the lack of clarity on resolving the trade issues between the United States and China. However, the long-term outlook of the industry remains optimistic. The total usage of aluminium across the world is likely to expand by about 2.2 per cent to reach about 90 million tonnes in 2020.
Besides this, our report “Global Aluminium Industry Outlook 2020” has a more in-depth analysis of how the policy changes and developments of 2019 have built a foundation for 2020 and how the year is likely to trend ahead. The report has attempted to provide insights into both the upstream and downstream elements of the global aluminium industry in 2020 vertical wise.
On the upstream front, the year 2020 is likely to witness surplus supply of bauxite with production increasing to 376 million tonnes. The demand for aluminium is also likely to revive in 2020 across end-use sectors, with a special focus on the transportation sector. Among all the downstream products, aluminium flat rolled is expected to witness better growth rate as most automobile manufacturers have announced their targets and commitment towards EV development.
Need more reasons for buying the report? Then here are a few highlights for why you should buy AlCircle’s “Global Aluminium Industry Outlook 2020”!
For the detailed Table of Contents, click here.
The Outlook 2020 Report is now available in both Digital as well as Print format. Both the available options along with their pricing details are as follows:
So, wait no more! Get your copy of "Global Aluminium Industry Outlook 2020" here and for any further query, reach out to us at booking@alcircle.com.
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