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The global aluminum foil market is expected to be valued at USD 40.82 billion in 2027 from USD 25.61 billion in 2019, registering a CAGR of 5.9% through the forecast period. Aluminum foil is a thin metal leaf of aluminum that is usually around 0.2 mm in thickness. The foil is extremely pliable and flexible and is mostly used to cover or wrap objects or food products to preserve their quality.
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