According to the research report titled ‘Aluminum Flat Products Market Size By Product, By End-Use, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 - 2026‘, available with Market Study Report, worldwide aluminum flat products market is anticipated to witness tremendous growth through 2026.
 

Global aluminum flat products market is witnessing significant growth owing to technological developments along with rising utilization of these entities in several sectors like packaging, automotive & transportation, building & infrastructure, and consumer goods. However, the risk of potential health hazards is major factor likely to hamper the market growth in coming years.
 

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With respect to product, global aluminum flat products market is segmented into sheets, foil stock, circles, plates, flat bars, fin stock, and others. Among them, the others segment consists of litho sheets and aluminum strips, which contributed 3% to the market share in 2018 and is expected to amass significant growth during the forecast timeframe. Aluminum strips find application in optical cable, composite pipes, heater, blinds, transformer, cables, etc.
 

Based on end-use scope, global aluminum flat products industry is bifurcated into consumer goods, building & infrastructure, packaging, automotive & transportation, equipment & machinery, electrical & electronics, and others. As per the report, the others segment contains defense tanks and printed circuit boards, that captured a market share of 2.0% in the recent past. The growth is attributed widespread usage of aluminum based printed circuit boards, which offer benefits like lightweight, high durability, better heat dissipation, and environment friendly nature.
 

From a regional point of view, LATAM aluminum flat products market contributed 3.5% to the revenue share in the past year and is poised to witness significant growth in coming years. Meanwhile, Middle East & Africa industry is expected to grow with a CAGR of 3% during forecast period, owing to flourishing industrial sector in the region.  
 

Major players influencing global aluminum flat products market trends are Constellium SE, United Co. RUSAL, National Aluminum Company Limited (NALCO), Novelis Inc., UACJ Corporation, Hindalco Industries Limited, Maharashtra Metal (India), ELVALHALCOR Hellenic Copper and Aluminum Industry S.A., JW Aluminum Inc., Arconic Corporation, Aleris Corporation, Alcoa Corporation, Norsk Hydro ASA, and Logan Aluminum Inc.