1、Market in Focus:KSA Aluminum Value ChainDecember 2022Contents2Market in Focus:KSA Aluminum Value ChainKey HighlightsGlobal Market DriversGlobal MarketsGCC Regional MarketKSA Local MarketOpportunitiesChallengesKey Success FactorsEcosystem Enablers030509101112161617Disclaimer This Report,including dat
2、a,information,methodologies,and opinions reflected herein contained or is for general information pur-poses only.The material in this Report is obtained from SIDF per dating of the report.SIDF has taken reasonable care to ensure that,and to the best of our knowledge,material information contained he
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5、n in this Report are subject to change at any time without prior notice.3Market in Focus:KSA Aluminum Value ChainKey Highlights The aluminum value chain broadly consists of bauxite mining and alumina refining(upstream),aluminum smelting and casting into unwrought aluminum forms(midstream),and furthe
6、r semi fabrica-tion and manufacturing activities(downstream).Global aluminum consumption is forecast to grow by 2.6%CAGR until 2030,driven by global decarbonization and sustainability tar-gets within the transportation,electrical,construction,and pack-aging sectors.Advancements within the electric v