France Alumina Market Outlook (2018 to 2032)

Year Value
2018 0.73
2019 0.76
2020 0.78
2021 0.81
2022 0.83
2023 0.86
2024 0.89
2025 0.92
2026 0.95
2027 0.98
2028 1.03
2029 1.07
2030 1.12
2031 1.17
2032 1.22
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France Alumina Market Outlook (2018 to 2032)

Synopsis
The above chart is France Alumina Market Outlook (2018 to 2032)

Market Dynamics

the demand of france alumina market is expected to grow steadily over the period 2018 to 2032, driven by increasing demand from the downstream aluminium industry and rapid growth in the aerospace and automotive sectors. the rising demand for aluminium has led to a growth in aluminium exports from the country, fuelling the alumina market growth. in 2018, the demand for alumina was primarily for aluminium smelting and the production of alloys. the aluminum smelting industry in france is the major consumer of alumina in the country. the demand for alumina is also expected to increase in the years ahead due to increased production of aluminium alloys for aerospace and automotive applications. the growth of the french alumina market is also expected to be supported by the country’s aluminium processing industry. the demand for aluminium sheet and plate products in the country is expected to increase over the next decade as more vehicle parts are made out of lightweight metal alloys. the rising demand for aluminium in the construction sector is also expected to drive the alumina market over the forecast period. the production of alumina in france is mainly done through the bayer process, which involves the extraction of aluminium from bauxite ore. the bayer process is currently the most scarce and expensive source of alumina in france. to meet the increasing demand of alumina, new mines have been set up in the country in recent years. to ensure a stable supply of alumina in the future, the french government has invested heavily in the production facilities of the major alumina suppliers in the country. the government has also provided incentives to encourage investments in new alumina projects. the alumina market in france is expected to remain strong over the next decade, driven by the increasing demand from downstream industries and the government’s efforts to ensure a stable supply of alumina. the growth in the aerospace and automotive sectors is expected to drive the demand for alumina in france over the next 14 years.

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