© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aluminium FRP Market Price, Trends, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Aluminium FRP Market size will witness substantial growth during forecast period with its application in construction, automobile, packaging and defence industry. Automobile industry has grown at a CAGR of above 4.5% in last five years. Aluminium FRP Market  These are preferred over steel owing to higher malleability and corrosion resistance as compared to steel. Light material for construction of automobile components and aerospace industry are major factor driving the industry.  Recent strengthening of oil price has increased investment in engineering and construction industry. It is widely used in LNG tanks owing to light weight and resistance to brittleness at low temperature.  In packaging material, it reduces the wastage and light in weight. Packaging industry is expected to a CAGR above 5% in next seven years and will drive aluminium FRP market. Global Market Scenario of Aluminium FRP Market Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Flat rolled aluminium is sheets of required thickness, size and surface finish. Superior properties Including light weight, ductility, malleability, heat and electrical conductivity, nontoxic and non- combustible will enhance the industry growth.  Reasons to Buy This Report: 1. Aluminium FRP Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Key Aluminium FRP Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Major restriction for aluminium FRP market is high capital cost and low strength as compared to steel. Their storage requires more care as their surface finish gets tempered easily and may corrode due to electrolysis. But their manufacturing plants produce less toxic waste and it is easier to abide by strict government regulations for air pollution and waste disposal that overcomes its disadvantages.  It is obtained in wide range of finishing namely patterned, plated, polished, painted, etched and laminated. These can easily be laminated over other materials to obtain anti corrosive characteristics. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific has substantial market share in global aluminium FRP market with presence of China as largest producer. In this region, beverage packing has grown at a CAGR of over 7% in last ten years and anticipated to enhance its consumption.  Europe led by Germany has moderate share owing to well established and flourishing automobile industry along with big players including Audi and Volkswagen.  North America led by the U.S. has significant share in aluminium FRP market with prevailing defence industry aimed at strengthening military and will grow by around 3.2 % in next five years.  Latin America and MEA has nascent share but will show healthy growth with increasing construction spending and food packaging industry due to foreign tourism. Regional Insights Request table of contents of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for Buying this  Aluminium FRM market is highly fragmented with presence of substantial number of local and regional players. Prominent players include: Aleris, Alba, EGS, Alcoa, Hindalco, Novo Hydro, RUSAL, Vedanta and UACJ to name a few. Companies are employing merger and acquisition strategy to enhance their market share. Hindalco acquired Novelis to spur its overall production. Competitive Insights

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