3 Series Alloy Circle/Discs are aluminum products made from a 3000-series alloy, which predominantly consists of aluminum combined with manganese and traces of other elements like magnesium, silicon, and copper. These circles and discs come in a wide range of thicknesses and diameters to cater to various industrial applications.
Excellent corrosion resistance
High formability and workability
Moderate strength and durability
Lightweight and versatile
Suitable for various surface treatment processes
The 3 Series Alloy Circle/Discs are used in a variety of applications across different industries, such as:
Cookware and kitchenware (pots, pans, and utensils)
Lighting components (lampshades and reflectors)
Automotive parts and components
Packaging materials (containers, bottle caps, and closures)
Construction and infrastructure (ventilation systems, cladding, and curtain walls)
The market demand for 3 Series Alloy Circle/Discs is growing due to its widespread usage across numerous industries. It is projected to grow at a CAGR of approximately 5% during the 2021-2026 period.
The market share of the 3 Series Alloy Circle/Discs within the broader aluminum industry currently stands at around 7%-9% globally. It is expected to increase further due to the diverse applications and increasing demands across various industries.
The prices of the 3 Series Alloy Circle/Discs are subject to fluctuations based on raw material costs, demand-supply dynamics, and changes in global economic conditions. In recent years, major producers have been taking steps to stabilize prices and maintain a consistent supply.
Leading global suppliers of 3 Series Alloy Circle/Discs include:
Alcoa
Novelis
Norsk Hydro
Rusal
Constellium
Hindalco Industries
In conclusion, the 3 Series Alloy Circle/Discs industry is witnessing a growth in market demand, market share, and applications across various sectors. Major suppliers and manufacturers are actively working towards maintaining a steady supply and competitive landscape to meet this increasing demand.