Southeast Asian Billet Market Competitiveness of the Top 10 Companies 2021 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Southeast Asian Billet Market, 2020: Frost Radar Report” has been added to ResearchAndMarkets.com’s offering.

The report reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the methodology.

The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to spur growth.

CEOs in the billet and extrusion industry of Southeast Asia must prioritize sustainability by investing in ways to decrease their organizations’ carbon footprint. The publisher recognizes that value chain integration via secondary production is an emerging trend. Companies in the billet industry are demonstrating desire to backward and forward integrate, thereby streamlining operations in a move toward a sustainable business model. The utilization of scrap as a major feed material in billet operation is likely to become a benchmark for a higher recyclability ratio; also, the extent of in-house scrap generated during the extrusion process is highest in the aluminum industry.

The COVID-19 pandemic impacted the industry negatively in the first half of 2020 as LME index prices slumped to a 3-year low of $1,400 /MT; however, the long-term forecast for emerging markets in Southeast Asia is bright. For the short-term, the market will remain in recovery mode.

Of all sectors, construction has the most favorable growth conditions in Southeast Asia where demand for billets has been increasing in response to activity in the architectural extrusion segment. Indonesia, Vietnam, India, Thailand, the Philippines, and Malaysia have many on-going construction projects that will spur billet market growth.

The publisher expects the construction segment to remain the largest customer of billets, but the trend of light-weighting vehicles will position the automotive sector boost demand for billets. In addition, some companies in the industry are developing a niche, high-value billet grades for the defense industry.

In the field of more than 25 industry participants, the publisher independently plotted the top 10 companies in the Frost Radar analysis. These market participants have demonstrated innovation and growth strategies that have led to superior performance. The publisher attributes this to their proactive product development strategies that address the environmental impact concerns of regulatory authorities and OEMs.

Key Topics Covered:

1. Strategic Imperative and Growth Environment

• Strategic Imperative
• Growth Environment

2. Frost Radar

• Competitive Environment

3. Companies to Action

• Alca Metals (PT. ALFO CITRA ABADI)
• Formosa Shyen Horng Metal Sdn. Bhd
• Hindalco Industries Ltd
• Jindal Aluminium (JAL)
• Mien Hua Precision Mechanical Co. Ltd
• National Aluminium Company Limited (NALCO)
• Press Metal
• PT Indal Aluminium Industry Tbk (Indal)
• PT Indonesia Asahan Aluminium (Inalum)
• Tostem Thai Co Ltd

4. Strategic Insights

5. Next Steps: Leveraging the Report to Empower Key Stakeholders

• Significance of Being on the Frost Radar
• Empowers the CEO’s Growth Team
• Empowers Investors
• Empowers Customers
• Empowers the Board of Directors

For more information about this report visit https://www.researchandmarkets.com/r/6xl498

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