Global Aluminum Silicon Alloy Market Overview:
An alloy is a material which has metallic properties and is shaped by combination of two or more chemical elements of which at least one is a metal. Aluminium silicon alloys are of superior importance for engineering industries as they show high strength to high wear resistance, weight ratio, low density and low coefficient of thermal expansion. Silicon imparts low shrinkage and high fluidity, which result in good castability and weldability. Some of the key players profiled in the study are Materion (United States), KBM Affilips (Netherlands), Jindal Stainless Limited. (India), American Elements Corp (United States), ArcelorMittal S.A. (Luxembourg), RFA International (Switzerland), OM Holdings Limited (Singapore), Elkem ASA (Norway), Ferroglobe PLC (United States), Tata Steel Limited (India) and Metal & Alloys Corporation (India).
On the basis of geography, the market of Aluminum Silicon Alloy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Alloying Elements, the sub-segment i.e. Magnesium (Mg) will boost the Aluminum Silicon Alloy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demands to Produce More Fuel Efficiency Vehicles
- Increasing Demand from the Automotive and Transport Industries
- Availability of Substitute
- Infrastructural Development in Developing Countries
- Huge Capital Investment Requirement
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisition to avail competitive advantage through combined synergies.
Target Audience:Manufacturers of Aluminum Silicon Alloy, Suppliers of Aluminum Silicon Alloy, Wholesalers, Distributors and Retailers of Aluminum Silicon Alloy, Aerospace Industry, Automobile Industry and Governmental Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global Aluminum Silicon Alloy market on the basis of product [Wrought and Cast Alloys] , application [Automotive, Aerospace, Electrical Parts, Chemical and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Aluminum Silicon Alloy market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Aluminum Silicon Alloy industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Aluminum Silicon Alloy market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.