July 20, 2024

Aluminum Market Size Analysis 2022 To 2030

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.

Aluminum Market Size 2022 To 2030

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 CoverageDetails
Market Size in 2022USD 179.32 Billion
Market Size by 2030USD 277.5 Billion
Growth Rate from 2022 to 2030CAGR of 5.61%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredSeries, 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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