The secondary smelting and alloying of
aluminium market includes establishments recovering aluminium and aluminium
alloys from scrap and/or dross (secondary smelting) and making billet, alloys,
powder, paste, or flake from purchased aluminium. These are made using smelting
or refining processes.
The global secondary smelting and alloying of aluminium market was valued at $42 billion in 2017. This can be attributed to technological advances and new product developments at competitive prices driving the metal and mineral manufacturing market.
Among regional markets,
Asia Pacific was the largest geographic region accounting for more than
one-third of the global market.
The market in the
report is segmented into: aluminium smelting and aluminium alloying.
China was the largest country accounting for one-fifth of the global secondary smelting and alloying of aluminium market. This can be attributed to the large automobile and telecom manufacturing market in the country. China was followed by Japan and India as the next largest countries in the market.
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