However , the presence of alternatives such as plastic and glass in the packaging industry might pose a threat to market expansion .
Global Aluminum Mining Market : Regional Outlook
On the basis of geography , the global aluminum mining market can be segmented into Asia Pacific , North America , Europe , and Rest of the World ( RoW ). Africa , Australia , South America , and the Caribbean are some of the major areas where aluminum is mined . Europe is slated to experience marginal growth .
Asia Pacific will emerge with substantial opportunities on account of large scale construction projects , the construction of smart cities , and high rate of urbanization in the countries of this region . China , in particular , will be responsible for a major share in terms of demand in the Asia Pacific aluminum mining market due to its trade surplus of aluminum . The flourishing automotive industry in emerging economies such as Japan and India are slated to display considerable growth in demand as motor vehicles deploy aluminum parts .
The booming manufacturing industry of India is likely to boost the growth of the aluminum mining market . The extensive opportunities presented by this region can be attributed to the continuous production of items made from aluminum . These include ladders , utensils , containers , perforated sheets , rods , bars , handles , and even wallets for carrying cards .
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Companies Mentioned in the Report
Some of the major companies operating in the global market for aluminum mining are Norsk Hydro ASA , Century Aluminum , Dubai Aluminium Ltd ., United Company RUSAL PLC , Rio Tinto Group , Alcoa Inc ., Mitsubishi Aluminum Co ., BHP Billiton , Alcan Inc , Aluminium Bahrain B . S . C ., Tata Steel Europe Ltd ., and Chalco Company .
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