by The global aluminum market size accounted for US$ 169.8 billion in 2021 and is projected to reach around USD 277.5 billion by 2030, growing at a CAGR of 5.61% from 2022 to 2030.
Aluminum Market Key Takeaways:
- By series, series 7 is anticipated is growing faster at a CAGR of 7.2% from 2022 to 2030. The series 1 segment has occupied market share of around 20.5% in 2021.
- By processing method, the rod & bar segment is projected to reach at a CAGR 7.1% over the forecast period.
- By end-use industry, the transport segment has accounted 33% revenue share in 2021.
- The Asia Pacific has accounted 65% revenue share in 2021.
Report Summary
The global aluminum market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the aluminum market across the globe.
A comprehensive estimate on the aluminum market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of aluminum during the forecast period. Price point comparison by region with global average price is also considered in the study.
Aluminum Market Scope
| 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 |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized aluminum market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Thin Film Solar Cell Market Size Analysis 2022 To 2030
Aluminum Market Players
The report includes the profiles of key aluminum market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are 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 Segmentation
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
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
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
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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