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Middle East High Performance Aluminum Alloys Market Research Report 2024-2030

view8048 2024. 10. 22. 18:40

The Middle East High Performance Aluminum Alloys market size was valued at US$ 287.4 million in 2024 and is projected to reach US$ 398.6 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.

 

High Performance Aluminum Alloys are advanced aluminum-based materials engineered for superior strength, corrosion resistance, and thermal properties, used in aerospace, automotive, and other demanding applications.

The Middle East High Performance Aluminum Alloys market is growing steadily, driven by increasing demand in aerospace manufacturing and lightweight automotive solutions. In 2023, total consumption reached 65,000 metric tons, with aerospace applications accounting for 45% of market value. The market saw a 12% increase in demand for 7xxx series alloys in 2023, particularly for use in aircraft structural components. Adoption of 6xxx series alloys in automotive manufacturing is growing at 8% annually. The industry is witnessing a trend towards aluminum-lithium alloys, with a 20% year-over-year increase in their use in next-generation aircraft designs. Key manufacturers are focusing on developing alloys with improved fatigue resistance, resulting in a 25% improvement in cyclic stress performance for new grades. The market is also seeing increased interest in powder metallurgy aluminum alloys, with a 30% rise in research projects exploring their potential for additive manufacturing applications in the region.

Report Includes

This report is an essential reference for who looks for detailed information on Middle East High Performance Aluminum Alloys. The report covers data on Middle East markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Middle East major vendors¡¯ information. In addition to the data part, the report also provides overview of High Performance Aluminum Alloys, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Middle East High Performance Aluminum Alloys, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Performance Aluminum Alloys. This report contains market size and forecasts of High Performance Aluminum Alloys in Middle East, including the following market information:

We surveyed the High Performance Aluminum Alloys manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Saudi Arabia

•    United Arab Emirates (UAE)

•    Qatar

•    Kuwait

•    Oman

•    Bahrain

•    Israel

by Products type:

•    Cast Aluminum Alloy

•    Rolled Aluminum Alloy

•    Extruded Aluminum Alloy

by Application:

•    Power Generation

•    Automotive

•    Aerospace Industry

•    Petroleum and Gas

•    Other

key players include: (At least 8-10 companies included)

•    Ma'aden - Saudi Arabian Mining Company

•    EGA (Emirates Global Aluminium)

•    Alba (Aluminium Bahrain B.S.C.)

•    Aluminum Corporation of China Limited (Chalco)

•    Gulf Extrusions Co. (LLC)

•    Qatalum (Qatar Aluminium Limited)

•    Dubai Aluminium (DUBAL)

•    Bahrain Aluminium Extrusion Co. (BALEXCO)

•    Saudi Aluminium Recycling Company Ltd.

•    Arabian Aluminium Co.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies High Performance Aluminum Alloys revenues in Middle East market, 2019-2024 (Estimated), ($ millions)

•    Key companies High Performance Aluminum Alloys revenues share in Middle East market, 2023 (%)

•    Key companies High Performance Aluminum Alloys sales in Middle East market, 2019-2024 (Estimated),

•    Key companies High Performance Aluminum Alloys sales share in Middle East market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Middle East and country-wise market of High Performance Aluminum Alloys

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing High Performance Aluminum Alloys capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on High Performance Aluminum Alloys manufacturers

•    High Performance Aluminum Alloys forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content

1 Market Overview    

1.1 Product Overview and Scope of High Performance Aluminum Alloys 

 

1.2 Segment by Type    

1.2.1 Middle East Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Cast Aluminum Alloy    

1.2.3 Rolled Aluminum Alloy

1.2.4 Extruded Aluminum Alloy


1.3 Segment by Application  

1.3.1 Middle East Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Power Generation

1.3.3    Automotive

1.3.4    Aerospace Industry

1.3.5    Petroleum and Gas

1.3.6    Other

1.4 Middle East Market Growth Prospects    

1.4.1 Middle East Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Middle East Production Estimates and Forecasts (2019-2030)  

 

2 Middle East Growth Trends   

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

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