Aluminum plates and sheet coils are formed by passing aluminumbetween rolls under pressure to make it longer and thinner in the direction inwhich it is moved. Aluminum plates are one of the fundamental forms employed inmetal working since they can be cut and bent into various shapes and sizes.Aluminum plates are popular due to their high flexibility, cost effectiveness,and wide range of options. Aluminum plates are commonly available in grades of1100-H14, 5052-H32, 3003-H14, and 6061-T6. Grade 3003-H14 aluminum plates arestronger and utilized in mail boxes, fan blades, tanks, and cabinets. Grade5052-H32 is the strongest and employed in pressure vessels, and themanufacturing of automotive chassis systems. Similarly, grade 6061-T6 iscorrosion resistant, easily weld able and strong, but it loses some of itsstrength while welding. This grade of aluminum plate is utilized in modernaircraft structures. Aluminum plate is available for a wide range of alloys,7075 being the most commonly used alloy. This alloy is commonly employed inaerospace and marine industries. Aluminum sheet coils are utilized for a widerange of applications. It is employed in truck bodies in the automotive sectorwhile in the construction and building industry it is used for insulation.Aluminum sheet coils are available in a wide variety of alloys are available. .The width of aluminum sheet coils are generally 1000mm, 1250mm, and 1500mm.Aluminum plates and sheet coils are highly non-corrosive, resistant towardsheat, and have high thermal conductivity for which they are extensively used inthe automotive sector, construction industry, aerospace industry, and in powergeneration industry.
Favorableproperties such as light weight, non-corrosive, high thermal conductivity havepropelled the utilization of aluminum plates and sheet coils in the automotivesector, replacing steel and other metals. The automotive sector has witnessed ashift in its preference toward lightweight vehicles, and this shift is a majorfactor which has led to an increase in demand for aluminum plates and sheetcoils. Furthermore, aluminum plates and sheet coils are extensively employed inthe building and construction industry since they provide high conductivity andenergy efficiency in constructing sustainable buildings. Aluminum plates arefurther utilized in the food and beverage industry for packaging andpreserving. Therefore, increase in consumption of ready-to-eat food andimproved lifestyle are anticipated to fuel the expansion of the aluminumplates and sheet coils market.
However,aluminum plates and sheet coils have high friction and hence, generate largeamount of heat. Therefore, their usage in the automotive sector can be harmful,since friction in the gear of a vehicle is likely to produce large amount ofheat, which is estimated to heat up the engine. This, in turn, can lead tomalfunctioning of the vehicle. Aluminum plates and sheet coils are also badabsorbers of vibration shock and hence, their usage in buildings can be of adisadvantage during earthquakes. These few unfavorable qualities of aluminumplates and sheet coils are projected to create mild hindrances in the expansionof the market.
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The globalaluminum plate and sheet coils market can be segmented into end-users andgeography. In terms of end-users, the market can be segmented into building andconstruction, automobiles, aerospace, defense, and power generation industries.The automobiles sector is estimated to dominate the market due to an increasein production of lightweight vehicles and therefore, increase in usage ofaluminum plates and sheet coils. However, the food & beverage industrysegment of the market is likely to expand rapidly.
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In termsof geography, the market can be segmented into North America, Europe, AsiaPacific, Middle East & Africa (MEA), and Latin America. Asia Pacific isexpected to hold significant share of the market during the forecast period dueto the expanding automobiles sector. Improved lifestyle coupled with increasein disposable income, has further increased the consumption of packaged foodand beverages, which is anticipated to increase the need for aluminum plate andsheet coils in the region.
Keyaluminum plate and sheet coils vendors and manufacturing companies operating inthis market include Hindalco Industries (India), Alcoa (France), Aleris(Canada), Constellium (U.K.), and Norsk Hydro (Belgium).
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