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The Turkish aluminum manufacturing market size is forecast to increase by USD 2.81 billion at a CAGR of 6.78% between 2023 and 2028. The aluminum manufacturing market is experiencing significant growth, driven by the increasing demand for lightweight vehicles to reduce carbon emissions and improve fuel efficiency. This trend is particularly prominent in the automotive industry, where aluminum is preferred for vehicle body structures and components. Another key trend is the growing importance of secondary aluminum, which is recycled aluminum, in the manufacturing process. However, the market faces challenges, including fluctuating London Metal Exchange (LME) prices, adversely impacting premiums and production costs. Producers must navigate these price fluctuations to maintain profitability and remain competitive in the market. Overall, the aluminum manufacturing market is expected to continue growing, driven by the demand for lightweight materials and the circular economy trend in manufacturing.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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