Global Aluminum Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Aluminum Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An aluminum alloy is a composition consisting mainly of aluminum to which other elements have been added. The alloy is made by mixing together the elements when aluminum is molten (liquid), which cools to form a homogeneous solid solution. The other elements may make up as much as 15 percent of the alloy by mass.

According to our (Global Info Research) latest study, the global Aluminum market size was valued at US$ 93700 million in 2023 and is forecast to a readjusted size of USD 117470 million by 2030 with a CAGR of 3.3% during review period.

EGA, Rusal, Norsk Hydro, Yinhai Aluminum, Alcoa and Rio Tinto are the world"s leading players. The industry is relatively fragmented and EGA is considered the leader in the global market, with a 5.4% share of production in 2018. Based on the application, Aluminum can be divide into Construction Industry, Foundry Industry, Transportation Industry, Packaging Industry, and Electronics Industry, etc. Construction Industry is the most important application. In 2018, Construction Industry holds 42.76% of the market share.

This report is a detailed and comprehensive analysis for global Aluminum market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Aluminum market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Aluminum market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Aluminum market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Aluminum market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Aluminum

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Aluminum market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include EGA, Rusal, Norsk Hydro, Yinhai Aluminum, Alcoa, Rio Tinto, Xinfa Group, Alba, Chalco, Hindalco, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Aluminum market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Aluminum Billets
Foundry Alloy Ingots

Market segment by Application
Construction Industry
Foundry Industry
Transportation Industry
Packaging Industry
Electronics Industry
Others

Major players covered
EGA
Rusal
Norsk Hydro
Yinhai Aluminum
Alcoa
Rio Tinto
Xinfa Group
Alba
Chalco
Hindalco
SNTO
Aluar

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Aluminum product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Aluminum, with price, sales quantity, revenue, and global market share of Aluminum from 2019 to 2024.

Chapter 3, the Aluminum competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Aluminum breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Aluminum market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Aluminum.

Chapter 14 and 15, to describe Aluminum sales channel, distributors, customers, research findings and conclusion.