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Aluminum alloys are a combination of aluminum and other elements, such as copper, magnesium, manganese, silicon, and zinc. These alloys are used in a variety of industries, including aerospace, automotive, construction, and consumer products. Aluminum alloys are valued for their strength, light weight, and corrosion resistance. They are also used in applications that require high electrical and thermal conductivity.
The aluminum alloy market is driven by the increasing demand for lightweight materials in the automotive and aerospace industries. The growing demand for aluminum alloys in the construction industry is also contributing to the growth of the market. Additionally, the increasing use of aluminum alloys in consumer products is expected to drive the market in the near future.
Some of the major companies in the aluminum alloy market include Alcoa Corporation, Norsk Hydro ASA, Rio Tinto Alcan, Aleris Corporation, and Constellium N.V. Show Less Read more