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Aluminum foil is a thin sheet of aluminum metal that is used for a variety of purposes. It is often used to line baking pans and containers to prevent food from sticking, to wrap food for storage, and to create a barrier against moisture and oxygen. Aluminum foil is also used in the construction of insulation, electrical cables, and other industrial applications.
The aluminum foil market is a subset of the aluminum industry. It is driven by the demand for aluminum products in the food and beverage, pharmaceutical, and industrial sectors. The market is highly competitive, with a number of large and small players. The industry is characterized by high capital investments and technological advancements.
Some of the major companies in the aluminum foil market include Alcoa, Novelis, Hindalco Industries, Norsk Hydro, and Constellium. Show Less Read more