Research and Markets has announced the addition of Dion Global Solutions Ltd's "Opportunities in Brazil Aluminium Market" report to their extensive offering of materials markets publications.
Brazil is one of the rapidly growing aluminium markets in the Latin American region. The country has witnessed a continuous rise in the demand and import of aluminium. Consequently, the country's aluminium consumption has gone up by 8% between 2005 and 2010. Owing to its developing economy and a huge demand for aluminium among the consumers, the production of aluminium in the country has increased and reached approximately 1.54 million tonnes in 2010.
Factors such the rapid development of the automotive industry are expected to drive the future growth of the industry. The report Opportunities in the Brazil Aluminium Market gives an insight into the various trends and developments that are currently taking place in the country's aluminium market and substantiates data with necessary statistics. The report examines the consumption of aluminium in six broad industries - packaging, transportation, electrical, building and construction, machinery and equipment, and consumer durables. Most importantly, the report also provides the comparison of the aluminium markets in BRIC nations.
Opportunities in the Brazil Aluminium Market is an outcome of comprehensive research and prudent analysis of the Brazil aluminium Market.
Key Findings:
The recycling rates of aluminium in the Brazil are highest globally which also contributes to the growth of the industry.
The recycling rates of drinking cans in Brazil almost reached 100% in 2009 (highest on the global level).
On the back of increasing penetration of cars in the country, the transportation sector is expected to elevate consumption levels in the coming years. Currently, it accounts for around 21% of the total consumption but this share is expected to rise in future.
The import of low priced aluminium from China has been increasing in Brazil which has hampered the domestic production of aluminium in the country."
Companies Mentioned:
Albras
Alcoa
CBA
BHP Billiton
Novelis