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Aluminum Production and Aviation: An Interesting Case of an Interwoven Rebound Effect in a Digital Transforming World

In: The Economics of Digital Transformation

Author

Listed:
  • Tessaleno Devezas

    (Atlantica—Instituto Universitário
    C-MAST (Center for Aerospace Science and Technologies)—FCT)

  • Hugo Ruão

    (Health, IT & Engineering)

Abstract

In this chapter, it is presented an extensive prospective analysis of the worldwide aluminum production. It is discussed in detail the six major reasons why aluminum is not only one of the fundamental materials of modern civilization, but it could still immensely expand its range of applications and volume of production globally. The high demand for aluminum from all industry sectors can still endure for a couple of decades from now, but probably at a lower growth rate, following probably the path of a logistic curve. Today’s high per capita consumption presented by highly industrialized countries (between 15 kg and 30 kg per capita) will probably persist for the next two decades from now, considering that these countries have also significative automobile and aircraft production plants. But a very important aspect to consider regarding aluminum production/consumption is the fact that it is highly probable that recycling of scrap aluminum will gain a renewed momentum as environmental concerns worsen; still regarding this point it is important to take in account that today’s existing aluminum in circulation is almost enough to satisfy global demand through recycling.

Suggested Citation

  • Tessaleno Devezas & Hugo Ruão, 2021. "Aluminum Production and Aviation: An Interesting Case of an Interwoven Rebound Effect in a Digital Transforming World," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Tessaleno Devezas & João Leitão & Askar Sarygulov (ed.), The Economics of Digital Transformation, edition 1, pages 251-281, Springer.
    • Handle: RePEc:spr:seschp:978-3-030-59959-1_16
    DOI: 10.1007/978-3-030-59959-1_16
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