Aluminum in Europe
Summary
Aluminium in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The aluminium market includes primary aluminium (made from alumina) only. Secondary aluminium (made by the recycling of scrap aluminium) is excluded from our scope. Industry volume is defined as the quantity of primary aluminium produced at sites within each country or geographical region. Industry value is calculated as the production volume multiplied by the average manufacturer selling price, regardless of whether the production is sold to third parties or used in-house.
- The European aluminium industry recorded revenues of $15,725.1 million in 2023, representing a compound annual growth rate (CAGR) of 2.0% between 2018 and 2023.
- Industry production volume increased with a CAGR of 0.4% between 2018 and 2023, to reach a total of 6,787.5 thousand tonnes in 2023.
- According to GlobalData, Russia captured the largest share of 60.5% in the European aluminium industry in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aluminium market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aluminium market in Europe
- Leading company profiles reveal details of key aluminium market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe aluminium market with five year forecasts by both value and volume
- What was the size of the Europe aluminium market by value in 2023?
- What will be the size of the Europe aluminium market in 2028?
- What factors are affecting the strength of competition in the Europe aluminium market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe's aluminium market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the industry?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. United Company RUSAL Plc
- 8.2. Rio Tinto
- 8.3. Alcoa Corp
- 8.4. Norsk Hydro ASA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe aluminum industry value: $ million, 2018-23
- Table 2: Europe aluminum industry volume: thousand tonnes, 2018-23
- Table 3: Europe aluminum industry geography segmentation: $ million, 2023
- Table 4: Europe aluminum industry value forecast: $ million, 2023-28
- Table 5: Europe aluminum industry volume forecast: thousand tonnes, 2023-28
- Table 6: United Company RUSAL Plc: Key Facts
- Table 7: United Company RUSAL Plc: Annual Financial Ratios
- Table 8: United Company RUSAL Plc: Key Employees
- Table 9: Rio Tinto: Key Facts
- Table 10: Rio Tinto: Annual Financial Ratios
- Table 11: Rio Tinto: Key Employees
- Table 12: Alcoa Corp: Key Facts
- Table 13: Alcoa Corp: Annual Financial Ratios
- Table 14: Alcoa Corp: Key Employees
- Table 15: Alcoa Corp: Key Employees Continued
- Table 16: Norsk Hydro ASA: Key Facts
- Table 17: Norsk Hydro ASA: Annual Financial Ratios
- Table 18: Norsk Hydro ASA: Key Employees
- Table 19: Europe Size of Population (million), 2019-23
- Table 20: Europe Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 21: Europe GDP (current prices, $ billion), 2019-23
- Table 22: Europe Inflation, 2019-23
- Table 23: Europe Consumer Price Index (absolute), 2019-23
- Table 24: Europe Exchange Rate, 2018-23
- List of Figures
- Figure 1: Europe aluminum industry value: $ million, 2018-23
- Figure 2: Europe aluminum industry volume: thousand tonnes, 2018-23
- Figure 3: Europe aluminum industry geography segmentation: % share, by value, 2023
- Figure 4: Europe aluminum industry value forecast: $ million, 2023-28
- Figure 5: Europe aluminum industry volume forecast: thousand tonnes, 2023-28
- Figure 6: Forces driving competition in the aluminum industry in Europe, 2023
- Figure 7: Drivers of buyer power in the aluminum industry in Europe, 2023
- Figure 8: Drivers of supplier power in the aluminum industry in Europe, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the aluminum industry in Europe, 2023
- Figure 10: Factors influencing the threat of substitutes in the aluminum industry in Europe, 2023
- Figure 11: Drivers of degree of rivalry in the aluminum industry in Europe, 2023
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