Aluminium Alloy Market Size to Reach Valuation of US$ 327 Billion by 2034: Fact.MR Report [Yahoo! Finance]
Alcoa Corporation (AA)
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Source: Yahoo! Finance
Rockville , April 01, 2024 (GLOBE NEWSWIRE) -- According to the revised study by Fact.MR, a market research and competitive intelligence provider, rising need for lightweight materials in several industries is benefiting the global aluminium alloy market , which has been projected to jump from a valuation of US$ 150.1 billion in 2024 to US$ 327 billion by the end of 2034. continuously expanding electric vehicle market and rising demand for renewable energy sources sources sources such as solar systems are driving the use of aluminium alloys in their component production. The aircraft manufacturing industry is also widely using aluminium alloys due to their lightweight and high strength-to-weight ratio properties. Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7085 In the automotive sector, aluminium alloys are particularly used in heat exchangers. High thermal conductivity, formability, and corrosion resistance are primarily driving
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- Alcoa Co. (NYSE: AA) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $36.50 price target on the stock, up previously from $28.50.MarketBeat
- Alcoa Co. (NYSE: AA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
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