According to Markntel Advisors Report, Green Aluminum Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
The carbon emissions generated by less than 4 tons per ton of Aluminum during the production process are termed low-carbon Aluminum or green Aluminum. The major two methods adopted by the original equipment manufacturers (OEMs) across the globe have been either recycling scrap and extracting Aluminum or the use of renewable electricity throughout the smelting process of Aluminum.
Global Green Aluminum Market Research Report & Summary:
The Global Green Aluminum Market size is estimated to grow at a CAGR of around 37.85% during the forecast period, i.e., 2024-30. The market growth is attributed to soaring direct carbon emissions from the production of aluminum globally and the initiatives to curb them.
Time Period Captured in the Report:
• Historical Years: 2019-22
• Base Years: 2023
• Forecast Years: 2024-30
Who are the Key Players Operating in the Green Aluminum Market?
The top companies of the Green Aluminum Market ruling the industry are:
Norsk Hydro, Rusal, Emirates Global Aluminium, Centuary Aluminum, Vedanta Aluminium, EN+ Group, China Hongqiao Group Limited, Alcoa Corporation, Capral Limited, Constellium, Reynaers Aluminium, Granges, Nanshan America, Rio Tinto, CBA, South32, PT Indonesia Asahan Aluminium, Novelis, Hammerer Aluminium Industries, Other
Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/green-aluminum-market.html
("Kindly use your official email ID for all correspondence to ensure seamless engagement and access to exclusive benefits, along with prioritized support from our sales team.")
What is Included in Green Aluminum Market Segmentation?
The Green Aluminum Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Method
-Renewable Electricity– Market Size & Forecast 2024-2030F (Thousand Tons)
-Recycled Aluminum– Market Size & Forecast 2024-2030F (Thousand Tons)
-By End Users
-Automotive– Market Size & Forecast 2024-2030F (Thousand Tons)
-Construction– Market Size & Forecast 2024-2030F (Thousand Tons)
-Electronics– Market Size & Forecast 2024-2030F (Thousand Tons)
-Others (Cans & Packaging, Aerospace, etc.) – Market Size & Forecast 2024-2030F (Thousand Tons)
-By Source of Energy
-Solar– Market Size & Forecast 2024-2030F (Thousand Tons)
-Hydro– Market Size & Forecast 2024-2030F (Thousand Tons)
-Wind– Market Size & Forecast 2024-2030F (Thousand Tons)
-Recycled – Market Size & Forecast 2024-2030F (Thousand Tons)
-Others (Carbon Capture Storage, etc)
-By Region
-North America
-Europe
-Asia-Pacific
-Rest of the World
Explore the Complete Green Aluminum Market Analysis Report – https://www.marknteladvisors.com/research-library/green-aluminum-market.html
Global Green Aluminum Market Driver:
Surging Government Initiatives to Curb Carbon Emissions – To reverse the ill effects of climate change caused by fueling carbon emissions from various industries such as transportation, manufacturing, construction, etc., the national governments around the world have not only been encouraging the establishment of green aluminum production but also the adoption of green products by organizations. Countries like the US, India, the UAE, and a few others have been providing lucrative deals & options to both manufacturers and consumers to blend and further integrate green methods into their operations. For Instance:
• In 2024, the US Department of Energy, under its Industrial Demonstration Plan, would provide about USD 6 billion to a total of 33 projects, of which one is Centuary’s Green Aluminum to build a new low-carbon emitting smelter in Ohio.
• In 2024, the UAE and Oman’s industrial and energy projects, worth approximately USD 31.8 billion, are expected to be revolutionary in the renewable energy and green metals industries.
Moreover, international collaborations among countries for sustainable development in the future are predicted to boost the growth & expansion of the Global Green Aluminum Market in the coming years.
Need personalized insights? Click here to customize this report- https://www.marknteladvisors.com/query/request-customization/green-aluminum-market.html
Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
For Further Queries:
Contact Us
MarkNtel Advisors
Email at [email protected]
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh - 201301, India
Top comments (0)