Abstract
The European aluminum industry was ranked the biggest aluminum producer
worldwide in 2007, making it a vital region for the global aluminum industry,
says "European Aluminum Market Analysis", a market research report by RNCOS.
The report reviews Europe' s aluminum industry in context of the global
aluminum industry. The analysis of the European aluminum industry is done by
taking five countries into consideration based on their production and
consumption level, economic stability, and future growth prospects.
As per the report, the European aluminum industry, after experiencing a slump
in 2006, bounced back in 2007. Western Europe was the leading primary aluminum
producing region in 2006, but the trend reversed in 2007 and Central & Eastern
Europe emerged as the top primary aluminum producer. This region is expected
to dominate the future primary aluminum production and export, while Western
Europe is projected to take the shape of major consumer.
Key Findings
- Primary aluminum 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 aluminum
production in France at a CAGR of around 1.55% during the forecasted period
(2008-2011).
- Increasing income is likely to boost the European home building industry,
which in turn will be a reason for high aluminum consumption during 2008-2011.
- Container and packaging industry, which is an aluminum 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 aluminum exporter in coming years with
exports of around 3.7 Million Metric Tons by 2012 end.
Key Issues & Facts Analyzed
- What are the trends in the European aluminum market with respect to
production, consumption, and production capacity etc?
- What are the trends followed in different European countries?
- What are the success factors of the aluminum industry in Europe?
Key Players
This section provides the overview, key facts, and financials of major players
in the European aluminum industry, including Alcoa Inc., Rio Tinto Alcan, BHP
Billiton, Rusal and Norsk Hydro.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to over 3000 paid databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.
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