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Aluminum Foils Market Trends, Growth and Forecast

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According to the report, increase in demand from healthcare industry will be a key driver for market growth. The healthcare industry includes the pharmaceutical and medical devices sectors, which are growing at a fast pace in developed and developin
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Aluminum Foils Market Size, Share, Global Insights, Analysis and
Outlook, Emerging Trends and Research Report by Market Reports
Center
Summary
Technavio Announces the Publication of its Research Report – Global Aluminum Foils Market 20162020
Technavio recognizes the following companies as the key players in the global aluminum foils
market: Alcoa, Ess Dee Aluminium, GARMCO, Hindalco Industries, Norsk Hydro, and RUSAL.
Other Prominent Vendors in the market are: Ess Dee Aluminium, Elval, JW Aluminum, Norandal,
and Wanji Aluminium.
Browse full report with TOC@ https://marketreportscenter.com/reports/344149/global-aluminumfoils-market-2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “ Technological advancements
and product innovations will be a key trend for market growth. Aluminum foil producers are adapting
new technologies to reduce carbon emission during the production process. For instance, Norsk
Hydro uses catalytic exhaust air treatment technology that is applicable for all foil annealing
furnaces. This helped in reducing odor in process exhaust, carbon emission, and energy cost.”
According to the report, increase in demand from healthcare industry will be a key driver for market
growth. The healthcare industry includes the pharmaceutical and medical devices sectors, which are
growing at a fast pace in developed and developing countries. The fast growth in these sectors is
increasing the scope for vendors of packaging materials to invest in products that offer better quality
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and reliability. Many companies are expanding their businesses in emerging countries with
economies that have immense growth potential.
Further, the report states that competition from China will be a major challenge for the market. China
is the largest producer of aluminum FRP. It is focusing on balancing the internal market by
discouraging the export of primary aluminum by imposing higher duties and encouraging the export
of semi-fabricated and value-added products by giving value-added tax rebates. As a result of this
strategy, regions such as the European Union is facing stiff competition in semi-finished aluminum
products.
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About Aluminum Foils
Aluminum foils are flat-rolled products (FRP) that are used for their flexibility, durability, and
sustainability in applications such as consumer packaging, pharmaceutical packaging, and industrial
(non-packaging) use. Aluminum foils are 100% recyclable and do not emit hazardous gasses during
processing.
Technavio’ s analysts forecast the global aluminum foils market to grow at a CAGR of 5.12% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global aluminum foils market
for 2016-2020. To calculate the market size, the report discusses the major drivers influencing the
market growth and the challenges faced by the vendors and the market as a whole. It also examines
key emerging trends and their influence on current and future market scenarios. The report also
discusses the regional segmentation for each geography.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
• ROW
Technavio's report, Global Aluminum Foils Market 2016-2020, has been prepared based on an indepth 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.
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Key vendors
• Alcoa
• Ess Dee Aluminium
• GARMCO
• Hindalco Industries
• Norsk Hydro
• RUSAL
Other prominent vendors
• Ess Dee Aluminium
• Elval
• JW Aluminum
• Norandal
• Wanji Aluminium
Market driver
• Increase in demand from healthcare industry
• For a full, detailed list, view our report
Market challenge
• LME price volatility affecting production plans
• For a full, detailed list, view our report
Market trend
• Increase in demand for blister foil packing from pharmaceutical industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
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You can request one free hour of our analyst’ s time when you purchase this market report. Details
are provided within the report.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/344149
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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