Global Aluminum Smelting Market 2022-2026

Global Aluminum Smelting Market 2022-2026

Technavio has been monitoring the aluminum smelting market and it is poised to grow by $26.99 bn during 2022-2026, accelerating at a CAGR of 4.18% during the forecast period. Our report on the aluminum smelting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high demand for aluminum wire rods, the growth of the automotive industry, and the rise in government spending on infrastructure development.

The aluminum smelting market analysis includes type, end-user segment, and geographic landscape.

Technavio's aluminum smelting market is segmented as below:

By Type

  • Ingots
  • Billets
  • Wire rods
By End-user
  • Transportation
  • Heavy machinery and industrial
  • Construction
  • Others
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the high demand for lightweight materials as one of the prime reasons driving the aluminum smelting market growth during the next few years. Also, the growth of the transportation industry and the development of green buildings will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the aluminum smelting market covers the following areas:
  • Aluminum smelting market sizing
  • Aluminum smelting market forecast
  • Aluminum smelting market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminum smelting market vendors that include AECOM, Alcoa Corp., Aleris International Inc., Aluar, Aluminum Crop. of China Ltd., AMAG Austria Metall AG, BlueScope Steel Ltd., Capral Ltd., China Hongqiao Group Ltd., Constellium SE, Garmco, Golden Aluminum, Kaiser Aluminum Corp., Kobe Steel Ltd., Nanshan Group Singapore Co. Pte. Ltd., Norsk Hydro ASA, Novelis Inc., Rio Tinto Ltd, SHOWA DENKO K.K., and United Company RUSAL. Also, the aluminum smelting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Market Segmentation by End-user
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2021-2026 (%)
      • Table Data Table on Type - Market share 2021-2026 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Ingots - Market size and forecast 2021-2026
      • Table Chart on Ingots - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Ingots - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Ingots - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Ingots - Year-over-year growth 2021-2026 (%)
    • Billets - Market size and forecast 2021-2026
      • Table Chart on Billets - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Billets - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Billets - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Billets - Year-over-year growth 2021-2026 (%)
    • Wire rods - Market size and forecast 2021-2026
      • Table Chart on Wire rods - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Wire rods - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Wire rods - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Wire rods - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2021-2026 (%)
      • Table Data Table on End-user - Market share 2021-2026 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Transportation - Market size and forecast 2021-2026
      • Table Chart on Transportation - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Transportation - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Transportation - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Transportation - Year-over-year growth 2021-2026 (%)
    • Heavy machinery and industrial - Market size and forecast 2021-2026
      • Table Chart on Heavy machinery and industrial - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Heavy machinery and industrial - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Heavy machinery and industrial - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Heavy machinery and industrial - Year-over-year growth 2021-2026 (%)
    • Construction - Market size and forecast 2021-2026
      • Table Chart on Construction - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Construction - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Construction - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Construction - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Others - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • France - Market size and forecast 2021-2026
      • Table Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on France - Year-over-year growth 2021-2026 (%)
      • Table Data Table on France - Year-over-year growth 2021-2026 (%)
    • Germany - Market size and forecast 2021-2026
      • Table Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • Japan - Market size and forecast 2021-2026
      • Table Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • High demand for aluminum wire rods
      • Growth of automotive industry
    • Market challenges
      • Stringent government regulations hampering market growth
      • Presence of aluminum substitutes
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • High demand for lightweight materials
      • Growth of transportation industry
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Alcoa Corp.
      • Table Alcoa Corp. - Overview
      • Table Alcoa Corp. - Business segments
      • Table Alcoa Corp. - Key offerings
      • Table Alcoa Corp. - Segment focus
    • Aleris International Inc.
      • Table Aleris International Inc. - Overview
      • Table Aleris International Inc. - Product / Service
      • Table Aleris International Inc. - Key offerings
    • China Hongqiao Group Ltd.
      • Table China Hongqiao Group Ltd. - Overview
      • Table China Hongqiao Group Ltd. - Product / Service
      • Table China Hongqiao Group Ltd. - Key offerings
    • Constellium SE
      • Table Constellium SE - Overview
      • Table Constellium SE - Business segments
      • Table Constellium SE - Key news
      • Table Constellium SE - Key offerings
      • Table Constellium SE - Segment focus
    • Golden Aluminum
      • Table Golden Aluminum - Overview
      • Table Golden Aluminum - Product / Service
      • Table Golden Aluminum - Key offerings
    • Kobe Steel Ltd.
      • Table Kobe Steel Ltd. - Overview
      • Table Kobe Steel Ltd. - Business segments
      • Table Kobe Steel Ltd. - Key offerings
      • Table Kobe Steel Ltd. - Segment focus
    • Norsk Hydro ASA
      • Table Norsk Hydro ASA - Overview
      • Table Norsk Hydro ASA - Business segments
      • Table Norsk Hydro ASA - Key offerings
      • Table Norsk Hydro ASA - Segment focus
    • Novelis Inc.
      • Table Novelis Inc. - Overview
      • Table Novelis Inc. - Business segments
      • Table Novelis Inc. - Key offerings
      • Table Novelis Inc. - Segment focus
    • Rio Tinto Ltd
      • Table Rio Tinto Ltd - Overview
      • Table Rio Tinto Ltd - Business segments
      • Table Rio Tinto Ltd - Key news
      • Table Rio Tinto Ltd - Key offerings
      • Table Rio Tinto Ltd - Segment focus
    • United Company RUSAL
      • Table United Company RUSAL - Overview
      • Table United Company RUSAL - Business segments
      • Table United Company RUSAL - Key offerings
      • Table United Company RUSAL - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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