EU emissions scheme and the Corporate Average Fuel Economy (CAFE) regulation have supported for the replacement of aluminum with steel as aluminum has lots of benefits and Aluminum Association is working to develop and maintain technical standards that are applicable for the industries involve in the production of aluminum.

The article cited AMA's "Global Aluminum Market Study" explored CAGR of 3.1%. According to the report, Due to its non-corrosive characteristics, Aluminum is founding applications in ship building is one of the primary growth factors for the market. growing replacement of steel by aluminum metal is also expected to contribute significantly to the Aluminum market growth. Overall, Transportation applications of Aluminum, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Aluminum market identified that the demand is rising in many different parts of the world as "Increase in use of recycled aluminum products ".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Aluminum market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Aluminum market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Aluminum Market Study

Data Triangulation
The overall Aluminum market size is calculated using market estimation process, the Aluminum market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Aluminum market size has been validated using both top-down and bottom-up approaches.