Global Aluminum Market 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,750	197 Pages	Triton Market Research	April, 2023	TRTN17870538

Best Price Guarantee
Price	from $2,750
Length	197 Pages
Publisher	Triton Market Research
Published Date	April, 2023
SKU	TRTN17870538

Global Aluminum Market 2023-2030

MARKET OUTLOOK

Based on Triton Market Research’s report estimates, the global aluminum market will progress with a CAGR of 5.24% over the forecasted period from 2023 to 2030.

The rising demand for aluminum from various end-use industries is the prime driver of the global market. The use of aluminum by automotive manufacturers to substitute stainless steel and the rising demand for electric vehicles also favor the studied market’s growth worldwide.

Conversely, stringent environment regulations by authorities and the high cost of aluminum are factors that hinder the growth of this market.

On the bright side, the various applications of aluminum in sustainable energy, the recyclability of the metal, and advancements in technology are expected to offer lucrative opportunities for growth. Additionally, the growth of the consumer electronics industry, the rising use of aluminum in transportation, and the rising popularity of aluminum foam have also opened up growth avenues for the aluminum market.

REGIONAL OUTLOOK

The global aluminum market report covers the Asia-Pacific, Latin America, Europe, North America, and the Middle East and Africa regions.

The Asia-Pacific is estimated to record the fastest growth in the global market over the estimated duration. It is also the leading regional market globally, and held the highest revenue share in 2022. The rising awareness pertaining to reducing GHG emissions has enhanced the demand for electric vehicles in this region. This has fueled the demand for aluminum, as it is largely used in EV manufacturing, owing to its lightweight. The increased demand for aluminum contributes to the studied market’s growth.

COMPETITIVE OUTLOOK

The well-known companies profiled in the aluminum market include Norsk Hydro ASA, Novelis Inc, Aluminum Corporation of China Limited (Chalco), China Hongqiao Group Co Ltd, Emirates Global Aluminum PJSC, Rio Tinto, Aluminum Bahrain BSC (Alba), Century Aluminum Company, Alcoa Corporation, and RUSAL.

Novelis Inc is one of the leading companies engaged in producing flat-rolled aluminum products and also one of the leading recyclers of aluminum. The company partners with end-users in automotive, aerospace, beverage, and specialty industries to offer solutions that maximize the beneficial properties of lightweight aluminum. It operates its business in nearly 33 facilities in 9 countries in North America, Asia, Latin America, and Europe. Novelis Inc was founded in 2005. The US-based company is headquartered in Atlanta, Georgia.

1. Global Aluminum Market – Summary
2. Industry Outlook: 2.1. Covid-19 Impact On The Aluminum Market; 2.2. Market Maturity Analysis; 2.3. Porter’s Five Forces Analysis; 2.3.1. Threat Of New Entrants; 2.3.2. Threat Of Substitutes; 2.3.3. Bargaining Power Of Buyers; 2.3.4. Bargaining Power Of Suppliers; 2.3.5. Threat Of Competitive Rivalry; 2.4. Industry Components; 2.4.1. Raw Material Procurement; 2.4.2. Aluminum Production; 2.4.3. End-users; 2.5. Regulatory Framework; 2.6. Key Buying Impact Analysis; 2.6.1. Strength Of Product; 2.6.2. Product Recyclability; 2.6.3. Corrosion Resistance; 2.7. Key Market Strategies; 2.7.1. Collaborations; 2.7.2. Product Launches; 2.7.3. Mergers & Acquisitions; 2.7.4. Business Divestitures & Expansions; 2.8. Market Drivers; 2.8.1. Rising Demand From Various End-use Industries; 2.8.2. Substitution Of Stainless Steel With Aluminum By Automotive Manufacturers; 2.8.3. Rising Adoption Of Electric Vehicles; 2.9. Market Challenges; 2.9.1. Strict Environmental Regulations By Authorities; 2.9.2. Rising Cost Of Aluminum; 2.10. Market Opportunities; 2.10.1. Multiple Applications Of Aluminum In The Sustainable Energy Industry; 2.10.2. Technological Advancements; 2.10.3. Recyclability Of Aluminum Gaining Market Traction; 2.10.4. Growing Penetration In The Consumer Electronics Industry; 2.10.5. Rising Use Of Aluminum In The Transportation Industry; 2.10.6. Growing Popularity Of Aluminum Foam; 2.11. Analyst Perspective
3. Global Aluminum Market – By Product: 3.1. Alumina; 3.2. Bauxite; 3.3. Primary Aluminum; 3.4. Other Products
4. Global Aluminum Market – By Industry Vertical: 4.1. Automotive & Transportation; 4.2. Building & Construction; 4.3. Electronics; 4.4. Foil & Packaging; 4.5. Other Industry Verticals
5. Global Aluminum Market – Regional Outlook: 5.1. North America; 5.1.1. Market By Product; 5.1.2. Market By Industry Vertical; 5.1.3. Country Analysis; 5.1.3.1. United States; 5.1.3.1.1. United States Aluminum Market Forecast & Prospects; 5.1.3.2. Canada; 5.1.3.2.1. Canada Aluminum Market Forecast & Prospects; 5.2. Europe; 5.2.1. Market By Product; 5.2.2. Market By Industry Vertical; 5.2.3. Country Analysis; 5.2.3.1. United Kingdom; 5.2.3.1.1. United Kingdom Aluminum Market Forecast & Prospects; 5.2.3.2. Germany; 5.2.3.2.1. Germany Aluminum Market Forecast & Prospects; 5.2.3.3. France; 5.2.3.3.1. France Aluminum Market Forecast & Prospects; 5.2.3.4. Italy; 5.2.3.4.1. Italy Aluminum Market Forecast & Prospects; 5.2.3.5. Spain; 5.2.3.5.1. Spain Aluminum Market Forecast & Prospects; 5.2.3.6. The Netherlands; 5.2.3.6.1. The Netherlands Aluminum Market Forecast & Prospects; 5.2.3.7. Poland; 5.2.3.7.1. Poland Aluminum Market Forecast & Prospects; 5.2.3.8. Norway; 5.2.3.8.1. Norway Aluminum Market Forecast & Prospects; 5.2.3.9. Rest Of Europe; 5.2.3.9.1. Rest Of Europe Aluminum Market Forecast & Prospects; 5.3. Asia-pacific; 5.3.1. Market By Product; 5.3.2. Market By Industry Vertical; 5.3.3. Country Analysis; 5.3.3.1. China; 5.3.3.1.1. China Aluminum Market Forecast & Prospects; 5.3.3.2. Japan; 5.3.3.2.1. Japan Aluminum Market Forecast & Prospects; 5.3.3.3. India; 5.3.3.3.1. India Aluminum Market Forecast & Prospects; 5.3.3.4. South Korea; 5.3.3.4.1. South Korea Aluminum Market Forecast & Prospects; 5.3.3.5. Taiwan; 5.3.3.5.1. Taiwan Aluminum Market Forecast & Prospects; 5.3.3.6. Asean Countries; 5.3.3.6.1. Asean Countries Aluminum Market Forecast & Prospects; 5.3.3.7. Australia & New Zealand; 5.3.3.7.1. Australia & New Zealand Aluminum Market Forecast & Prospects; 5.3.3.8. Rest Of Asia-pacific; 5.3.3.8.1. Rest Of Asia-pacific Aluminum Market Forecast & Prospects; 5.4. Latin America; 5.4.1. Market By Product; 5.4.2. Market By Industry Vertical; 5.4.3. Country Analysis; 5.4.3.1. Brazil; 5.4.3.1.1. Brazil Aluminum Market Forecast & Prospects; 5.4.3.2. Mexico; 5.4.3.2.1. Mexico Aluminum Market Forecast & Prospects; 5.4.3.3. Rest Of Latin America; 5.4.3.3.1. Rest Of Latin America Aluminum Market Forecast & Prospects; 5.5. Middle East And Africa; 5.5.1. Market By Product; 5.5.2. Market By Industry Vertical; 5.5.3. Country Analysis; 5.5.3.1. United Arab Emirates; 5.5.3.1.1. United Arab Emirates Aluminum Market Forecast & Prospects; 5.5.3.2. Turkey; 5.5.3.2.1. Turkey Aluminum Market Forecast & Prospects; 5.5.3.3. Saudi Arabia; 5.5.3.3.1. Saudi Arabia Aluminum Market Forecast & Prospects; 5.5.3.4. South Africa; 5.5.3.4.1. South Africa Aluminum Market Forecast & Prospects; 5.5.3.5. Rest Of Middle East & Africa; 5.5.3.5.1. Rest Of Middle East & Africa Aluminum Market Forecast & Prospects
6. Competitive Landscape: 6.1. Rio Tinto; 6.1.1. Overview; 6.1.2. Portfolio; 6.1.3. Key Strengths; 6.1.4. Key Challenges; 6.2. Aluminum Corporation Of China Limited (Chalco); 6.2.1. Overview; 6.2.2. Portfolio; 6.2.3. Key Strengths; 6.2.4. Key Challenges; 6.3. Rusal; 6.3.1. Overview; 6.3.2. Portfolio; 6.3.3. Key Strengths; 6.3.4. Key Challenges; 6.4. Alcoa Corporation; 6.4.1. Overview; 6.4.2. Portfolio; 6.4.3. Key Strengths; 6.4.4. Key Challenges; 6.5. Norsk Hydro Asa; 6.5.1. Overview; 6.5.2. Portfolio; 6.5.3. Key Strengths; 6.5.4. Key Challenges; 6.6. Emirates Global Aluminum Pjsc; 6.6.1. Overview; 6.6.2. Portfolio; 6.6.3. Key Strengths; 6.6.4. Key Challenges; 6.7. Novelis Inc; 6.7.1. Overview; 6.7.2. Portfolio; 6.7.3. Key Strengths; 6.7.4. Key Challenges; 6.8. Aluminum Bahrain Bsc (Alba); 6.8.1. Overview; 6.8.2. Portfolio; 6.8.3. Key Strengths; 6.8.4. Key Challenges; 6.9. China Hongqiao Group Limited; 6.9.1. Overview; 6.9.2. Portfolio; 6.9.3. Key Strengths; 6.9.4. Key Challenges; 6.10. Century Aluminum Company; 6.10.1. Overview; 6.10.2. Portfolio; 6.10.3. Key Strengths; 6.10.4. Key Challenges
7. Research Methodology & Scope: 7.1. Research Scope & Deliverables; 7.2. Sources Of Data; 7.3. Research Methodology
Table List: Table 1: Global Aluminum Market, By Regional Outlook, 2023-2030 (In $ Million); Table 2: Regulatory Framework; Table 3: List Of Collaborations; Table 4: List Of Product Launches; Table 5: List Of Mergers & Acquisitions; Table 6: List Of Business Divestitures & Expansions; Table 7: Global Aluminum Market, By Product, 2023-2030 (In $ Million); Table 8: Global Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million); Table 9: Global Aluminum Market, By Regional Outlook, 2023-2030 (In $ Million); Table 10: North America Aluminum Market, By Country Outlook, 2023-2030 (In $ Million); Table 11: North America Aluminum Market, By Product, 2023-2030 (In $ Million); Table 12: North America Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million); Table 13: Europe Aluminum Market, By Country Outlook, 2023-2030 (In $ Million); Table 14: Europe Aluminum Market, By Product, 2023-2030 (In $ Million); Table 15: Europe Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million); Table 16: Asia-pacific Aluminum Market, By Country Outlook, 2023-2030 (In $ Million); Table 17: Asia-pacific Aluminum Market, By Product, 2023-2030 (In $ Million); Table 18: Asia-pacific Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million); Table 19: Latin America Aluminum Market, By Country Outlook, 2023-2030 (In $ Million); Table 20: Latin America Aluminum Market, By Product, 2023-2030 (In $ Million); Table 21: Latin America Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million); Table 22: Middle East And Africa Aluminum Market, By Country Outlook, 2023-2030 (In $ Million); Table 23: Middle East And Africa Aluminum Market, By Product, 2023-2030 (In $ Million); Table 24: Middle East And Africa Aluminum Market, By Industry Vertical, 2023-2030 (In $ Million)
Figure List: Figure 1: Industry Components; Figure 2: Key Buying Impact Analysis; Figure 3: Global Aluminum Market, By Product, 2022 & 2030 (In %); Figure 4: Global Aluminum Market, By Alumina, 2023-2030 (In $ Million); Figure 5: Global Aluminum Market, By Bauxite, 2023-2030 (In $ Million); Figure 6: Global Aluminum Market, By Primary Aluminum, 2023-2030 (In $ Million); Figure 7: Global Aluminum Market, By Other Products, 2023-2030 (In $ Million); Figure 8: Global Aluminum Market, By Industry Vertical, 2022 & 2030 (In %); Figure 9: Global Aluminum Market, By Automotive & Transportation, 2023-2030 (In $ Million); Figure 10: Global Aluminum Market, By Building & Construction, 2023-2030 (In $ Million); Figure 11: Global Aluminum Market, By Electronics, 2023-2030 (In $ Million); Figure 12: Global Aluminum Market, By Foil & Packaging, 2023-2030 (In $ Million); Figure 13: Global Aluminum Market, By Other Industry Verticals, 2023-2030 (In $ Million); Figure 14: Global Aluminum Market, Regional Outlook, 2022 & 2030 (In %); Figure 15: United States Aluminum Market 2023-2030 (In $ Million); Figure 16: Canada Aluminum Market 2023-2030 (In $ Million); Figure 17: United Kingdom Aluminum Market 2023-2030 (In $ Million); Figure 18: Germany Aluminum Market 2023-2030 (In $ Million); Figure 19: France Aluminum Market 2023-2030 (In $ Million); Figure 20: Italy Aluminum Market 2023-2030 (In $ Million); Figure 21: Spain Aluminum Market 2023-2030 (In $ Million); Figure 22: The Netherlands Aluminum Market 2023-2030 (In $ Million); Figure 23: Poland Aluminum Market 2023-2030 (In $ Million); Figure 24: Norway Aluminum Market 2023-2030 (In $ Million); Figure 25: Rest Of Europe Aluminum Market 2023-2030 (In $ Million); Figure 26: China Aluminum Market 2023-2030 (In $ Million); Figure 27: Japan Aluminum Market 2023-2030 (In $ Million); Figure 28: India Aluminum Market 2023-2030 (In $ Million); Figure 29: South Korea Aluminum Market 2023-2030 (In $ Million); Figure 30: Taiwan Aluminum Market 2023-2030 (In $ Million); Figure 31: Asean Countries Aluminum Market 2023-2030 (In $ Million); Figure 32: Australia & New Zealand Aluminum Market 2023-2030 (In $ Million); Figure 33: Rest Of Asia-pacific Aluminum Market 2023-2030 (In $ Million); Figure 34: Brazil Aluminum Market 2023-2030 (In $ Million); Figure 35: Mexico Aluminum Market 2023-2030 (In $ Million); Figure 36: Rest Of Latin America Aluminum Market 2023-2030 (In $ Million); Figure 37: United Arab Emirates Aluminum Market 2023-2030 (In $ Million); Figure 38: Turkey Aluminum Market 2023-2030 (In $ Million); Figure 39: Saudi Arabia Aluminum Market 2023-2030 (In $ Million); Figure 40: South Africa Aluminum Market 2023-2030 (In $ Million); Figure 41: Rest Of Middle East & Africa Aluminum Market 2023-2030 (In $ Million)