Taiwan Aluminium Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Taiwan Aluminium Market size is predicted to reach USD 5.16 billion at a CAGR of 8.8% till 2030.

The aluminum sector includes the industry involved in the production, distribution, and use of aluminum, a lightweight, silverywhite metal. These features make it highly useful in sectors such as aerospace, automotive, construction, packaging, and electronics. Its low weight is especially beneficial for improving efficiency in transportation.

The production process involves extracting aluminum from bauxite ore using the Bayer process and electrolysis. Advances in technology and recycling have improved the environmental sustainability of production, supporting industry growth.

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