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The aluminum forging market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, starting from US$ 11.60 Bn in 2018. Rapid increase in aluminum demand in automotive and aerospace industry is the key factor for growth of aluminum forging market worldwide. The process of pounding and pressing the aluminum under pressure is known as aluminum forging.
The global aluminum caps & closures market is rising significantly, anticipated to expand at a CAGR of 4.3% during the estimated period from 2019 to 2027, starting from US$ 5.60 Bn in 2018. The rising concerns for product security and safety along with growing demand for convenience packaging solutions the market is growing substantially.
Large scale use of extruded aluminium products in the number of industries is impacting the growth of aluminium extrusion market on a global level. Aluminium extrusion is the process of melting and transforming aluminium alloy into objects with definitive cross-sectional profiles for a number of industrial as well as domestic uses. Extruded aluminium products such as bar, beam, rod, and angles are widely used in the building & construction industry, electrical industry for transmission and distribution of electricity and automotive industry, etc.
Alpha thalassemia treatment market accounted for a market value of US$ 526.1 Mn in 2018 and projected to grow at a CAGR of 7.1% during the forecast period from 2019 to 2027. Alpha thalassemia is a congenital autosomal recessive disorder caused due to absence or reduction in alpha globin peptides due to a deletion or mutation of the alpha globin genes. Alpha thalassemia usually found in Africa, the Middle East, India, Southeast Asia, southern China, and the Mediterranean region.
The rising application of algae in nutraceuticals & pharmaceutical industries has influenced the market growth in the recent past. The growing use of algae biomass for nutraceuticals purposes is expected to provide an attractive revenue stream for algae producers. Further, the growing industrial application of algae is providing business opportunities to the companies that have further impacted the market growth.
According to a new market research report published by Brisk Insights, “Aluminum Forging Market (Product Type – Open Die Forging, Close Die Forging and Ring Rolled Forging), (Application- Aerospace, Automotive, Defense and Others (Constru... [ Read more ]
The latest market report published by Brisk Insights, “Aluminum Caps & Closures Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the aluminum caps & closures market was valued at US$ 5.60 Bn in 2018 and exp... [ Read more ]
The latest market report published by Brisk Insights, “Aluminium Extrusion Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the global market is worth US$ 75.1 Bn in 2018 and expected to grow at a CAGR of... [ Read more ]
According to the latest report published by Brisk Insights, “Alpha Thalassemia Treatment Market - Growth, Future Prospects and Competitive Analysis, 2019-2027,” the global alpha thalassemia treatment market was valued at USD 526... [ Read more ]
"AI And Algae! Together Can fight Climate Change in Near Future" The latest market report published by ABrisk Insights, “Global Algae Products Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the global market is... [ Read more ]