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ingot aluminum is non-ferrous metal, it is produced by pouring molten aluminum into special molds of different sizes and shapes. It is also known as aluminized ingot or aluminum casting plate. It is used in many industries, including automobiles, construction, aircraft industry, light industry and electrical products.
The primary source of aluminum is bauxite, which must be mined and refined to create alumina powder. The alumina powder is then melted in an electric furnace to produce the aluminum ingots for further processing into finished products. In the world today, there are two ways to produce aluminum ingots: using primary aluminum and recycling existing aluminium scrap.
After being poured into special molds, the ingots are then cooled and solidified for subsequent processing. These ingots are typically used for production of rolled products such as foil, sheet and hexagon drive bars, among other applications. These rolled products are further processed to form the finished products such as pipes, sheets and extrusions that we use in our everyday lives.
The global Aluminum Ingot market is expected to grow at a staggering CAGR during the forecast period 2022-2029. This report provides a comprehensive analysis of the global Aluminium Ingot market by manufacturers, region and type. It further highlights the competitive landscape and offers detailed cost analysis, supply chain and demand analysis and forecasts of the market. In addition, this report also provides the key drivers and restraints affecting the growth of the market.