June 11, 2024

Aluminum Market Size to Grow US$ 277.5 Billion By 2030

The global aluminum market size was valued at US$ 169.8  billion in 2021 and is anticipated to grow US$ 277.5  billion by 2030, registering a CAGR of 5.61% from 2022 to 2030.

Aluminum Market Size 2022 To 2030

The aluminum market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the aluminum market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the aluminum report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the aluminum market have been studied and analysed across many developments.

Report Scope of the Aluminum Market

Report Coverage Details
Market Size in 2022 USD 179.32 Billion
Market Size by 2030 USD 277.5 Billion
Growth Rate from 2022 to 2030 CAGR of 5.61%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Series, Type, Processing Method, End-Use Industry, and Geography

Research Approach

The comprehensive report on the global aluminum market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global aluminum market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

Alcoa Corporation (U.S.), Aluminum Corporation of China Limited (CHALCO) (China), Century Aluminum Company (U.S.), China Hongqiao Group Limited, China power investment corp. (cpi), China zhongwang holdings limited (china), Dubai Aluminum Company Limited (U.A.E), East Hope Group (China), Emirates Global Aluminium (UAE), H.P. (Australia), Hindalco Industries Ltd. (India), Kaiser Aluminium, Norsk Hydro A.S.A. (Norway), Novelis (U.S.), Rio Tinto Ltd., United Company RUSAL Plc, (Russia), Vedanta Aluminium Limited (India), Xinfa group co. Ltd.

Market Segmentations

By Series:

  • Series 1
  • Series 2
  • Series 3
  • Series 4
  • Series 5
  • Series 6
  • Series 7
  • Series 8

By Type

  • Primary
  • Secondary

By Processing Method:

  • Flat Rolled
  • Castings
  • Extrusions
  • Forgings
  • Pigments and Powder
  • Rod and Bar

By End Use Industry:

  • Transport
  • Building and Construction
  • Electrical Engineering
  • Consumer Goods
  • Foil and Packaging
  • Machinery and Equipment
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Aluminum Market 

5.1. COVID-19 Landscape: Aluminum Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Aluminum Market, By Series

8.1. Aluminum Market, by Series, 2022-2030

8.1.1. Series 1

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Series 2

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Series 3

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Series 4

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Series 5

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Series 6

8.1.6.1. Market Revenue and Forecast (2017-2030)

8.1.7. Series 7

8.1.7.1. Market Revenue and Forecast (2017-2030)

8.1.8. Series 8

8.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Aluminum Market, By Type

9.1. Aluminum Market, by Type, 2022-2030

9.1.1. Primary

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Secondary

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Aluminum Market, By Processing Method 

10.1. Aluminum Market, by Processing Method, 2022-2030

10.1.1. Flat Rolled

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Castings

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Extrusions

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Forgings

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Pigments and Powder

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Rod and Bar

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Aluminum Market, By End Use Industry 

11.1. Aluminum Market, by End Use Industry, 2022-2030

11.1.1. Transport

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Building and Construction

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Electrical Engineering

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. CervConsumer Goodsical

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Foil and Packaging

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Machinery and Equipment

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. Others

11.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Aluminum Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Series (2017-2030)

12.1.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.1.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.1.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Series (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.1.6.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Series (2017-2030)

12.2.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.2.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.2.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Series (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.2.6.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Series (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.2.7.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Series (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.2.8.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Series (2017-2030)

12.3.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.3.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.3.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Series (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.3.6.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Series (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.3.7.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Series (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.3.8.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Series (2017-2030)

12.4.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.4.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.4.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Series (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.4.6.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Series (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.4.7.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Series (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.4.8.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Series (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.5.5.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Series (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Processing Method (2017-2030)

12.5.6.4. Market Revenue and Forecast, by End Use Industry (2017-2030)

Chapter 13. Company Profiles

13.1. Alcoa Corporation (U.S.)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Aluminum Corporation of China Limited (CHALCO) (China)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Century Aluminum Company (U.S.)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. China Hongqiao Group Limited

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. China power investment corp. (cpi)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. China zhongwang holdings limited (china)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Dubai Aluminum Company Limited (U.A.E)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. East Hope Group (China)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Emirates Global Aluminium (UAE)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Abbott

13.10.1. H.P. (Australia)

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global aluminum market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for aluminum are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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