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Global Aluminum Market Report 2024

Aluminum Global Market Report 2024 – By Product Type (Primary Aluminum, Secondary Aluminum), By Processing Method (Flat rolled, Castings, Extrusions, Forgings, Pigments and Powder, Rod and Bar), By End-user (Construction, Transportation, Packaging, Electrical, Consumer durables, Machinery and Equipment, Other End-users) – Market Size, Trends, And Global Forecast 2024-2033

Aluminum Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Aluminum Market Definition

Aluminum refers to the most abundant metal element and belongs to the lightweight silvery white metal obtaining its name from the alumina mineral.

The main product types of aluminum are primary and secondary aluminum. Primary aluminum refers to aluminum obtained during the electrolytic reduction of metallurgical alumina. The processing methods include flat-rolled, castings, extrusions, forgings, pigments and powder, rod and bar, which are used by end-users such as construction, transportation, packaging, electrical, consumer durables, machinery and equipment and others.

Aluminum Market Segmentation

The aluminum market covered in this report is segmented –

1) By Product Type: Primary Aluminum, Secondary Aluminum

2) By Processing Method: Flat rolled, Castings, Extrusions, Forgings, Pigments and Powder, Rod and Bar

3) By End-user: Construction, Transportation, Packaging, Electrical, Consumer durables, Machinery and Equipment, Other End-users

Global Aluminum Market Size 2023 to 2028: Graph

Aluminum Market Size 2024 And Growth Rate

The aluminum market size has grown strongly in recent years. It will grow from $167.14 billion in 2023 to $179.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to industrial revolution impact, automotive industry adoption, aerospace industry demand, aluminum's role in packaging, electrical transmission needs.

Aluminum Market Growth Forecast

The aluminum market size is expected to see strong growth in the next few years. It will grow to $235.8 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to aluminum recycling advancements, green initiatives in manufacturing, electric vehicle adoption, construction and infrastructure growth, packaging industry trends, aerospace industry demand. Major trends in the forecast period include aluminum in 3D printing, aluminum alloy innovations, urbanization and construction, renewable energy projects, shift to aluminum packaging.

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Aluminum Market Driver: Automotive Industry's Surge Fueling Aluminum Market Growth

Rising demand from the automotive industry is expected to propel the growth of the aluminum market going forward. The automotive industry refers to several businesses and organizations engaged in the creation, production, marketing, and sale of automobiles. The growing automotive industry uses high amounts of aluminum to provide durability and aesthetic appeal. For instance, in May 2022, the Society of Indian Automobile Manufacturers, an Indian-based agency representing all vehicle and vehicular engine manufacturers, reported that the total number of automobiles produced in 2021 was 22.9 million in India. Further, in 2021, according to the European Automobile Manufacturers' Association, a Belgium-based automotive industry standards group, 79.1 million automobiles were produced 2021. Therefore, rapid growth in the automotive industry is driving the growth of the aluminum market.

Aluminum Market Driver: Aluminum Market Growth Fueled By Soaring Demand In The Aerospace Industry

The increasing demand in aerospace industry is expected to propel the growth of the aluminum market going forward. The aerospace industry refers to the sector of technology and business that involves the design, development, production, and maintenance of aircraft, spacecraft, and related systems and components. Aluminum is lightweight, which is crucial in aerospace applications where reducing weight, offers high strength, corrosion resistance, machinability, conductivity, recyclability, and compatibility with composite materials. For instance, in August 2023, according to Cadrex, a US-based company, aerospace industry revenue was $741 billion in 2022, up 3% from 2021. Therefore, the increasing demand in aerospace industry is driving the growth of the aluminum market.

Global Aluminum Market Major Players

Major companies operating in the aluminum market report are BHP Group Limited, Hulamin Limited, Rio Tinto plc, Hindalco Industries Limited, Norsk Hydro ASA, Aluminum Corporation of China Limited, China Hongqiao Group Limited, Vedanta Resources Limited, Novelis Inc., Reliance Steel & Aluminum Co., Alcoa Corporation, United Company RUSAL Plc, Arconic Inc., Constellium SE, Emirates Global Aluminium PJSC, Orkla ASA, Vimetco N.V., Kaiser Aluminum Corporation, Century Aluminum Company, Aluminium Bahrain B.S.C., Alumetal S.A., Hydro Extrusion USA LLC, Alumina Limited, Metal Exchange Corporation, Gulf Aluminium Rolling Mill B.S.C., Assan Aluminyum Sanayi ve Ticaret A.S., East Hope Group Company Limited, Dubai Aluminium Company Limited, Shandong Xinfa Aluminum Co. Ltd., China Zhongwang Holdings Limited

Global Aluminum Market Trend: Green Innovations In Aluminum Market Through A Focus On Sustainable Material Development In The Industry

Innovations in material development are a key trend gaining popularity in the aluminum market. Major players are concentrating their efforts on creating innovative materials to sustain their position in the aluminum market. For instance, in February 2022, Vedanta Aluminum Limited, an India-based metal mining company specializing in aluminum production, launched Restora. Restora is a green aluminum with a low carbon footprint. It provides an aluminum smelter using renewable energy and prevents environmental pollution.

Global Aluminum Market Trend: Alloy Enterprises Inc. Introduces Cutting-Edge Aluminum Cold Plate Components For Enhanced Thermal Management In Electronic Devices

Major companies operating in the aluminum market are developing new products such as liquid cooling plates to gain a competitive edge in the market. Liquid cooling plates are components used in thermal management systems to dissipate heat generated by electronic or power devices. For instance, in October 2023, Alloy Enterprises Inc. a US-based aluminum manufacturing company launched aluminum cold plate components. These have been created to possess exceptional material qualities, including a high strength-to-weight ratio, excellent thermal conductivity, channel complexity, integrated cooling, and conformal surfaces. These parts are made to be more durable, to operate better, and not require any further assembly or porosity or de-powdering. They are made of highly thermally conductive materials, such copper or aluminum, and provide as a path for a coolant (liquid or gas) to pass through, efficiently controlling the heat in different parts of the system.

Aluminum Market Merger And Acquisition:

Kaiser Aluminum Corporation Expands Portfolio And Presence With Acquisition Of Alcoa Warrick Llc

In April 2021, Kaiser Aluminum Corporation, a US-based aluminum manufacturing company, acquired Alcoa Warrick LLC for a deal amount of $670 million. Through this acquisition, Kaiser increases its aluminum product portfolio, employee workforce, and product reach in North America. Alcoa Warrick LLC is a US-based company operating in aluminum.

Regional Insights For The Global Aluminum Market

Asia-Pacific was the largest region in the aluminum market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the aluminum market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aluminum market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aluminum market consists of sales of flat products, extruded products, forged products, long products, cast products, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The aluminum market research report is one of a series of new reports from The Business Research Company that provides aluminum market statistics, including aluminum industry global market size, regional shares, competitors with an aluminum market share, detailed aluminum market segments, market trends, and opportunities, and any further data you may need to thrive in the aluminum industry. This aluminum market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aluminum Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $179.64 billion
Revenue Forecast In 2033 $235.8 billion
Growth Rate CAGR of 7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product Type: Primary Aluminum, Secondary Aluminum
2) By Processing Method: Flat rolled, Castings, Extrusions, Forgings, Pigments and Powder, Rod and Bar
3) By End-user: Construction, Transportation, Packaging, Electrical, Consumer durables, Machinery and Equipment, Other End-users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled BHP Group Limited; Hulamin Limited; Rio Tinto plc; Hindalco Industries Limited; Norsk Hydro ASA; Aluminum Corporation of China Limited; China Hongqiao Group Limited; Vedanta Resources Limited; Novelis Inc.; Reliance Steel & Aluminum Co.; Alcoa Corporation; United Company RUSAL Plc; Arconic Inc.; Constellium SE; Emirates Global Aluminium PJSC; Orkla ASA; Vimetco N.V.; Kaiser Aluminum Corporation; Century Aluminum Company; Aluminium Bahrain B.S.C.; Alumetal S.A.; Hydro Extrusion USA LLC; Alumina Limited; Metal Exchange Corporation; Gulf Aluminium Rolling Mill B.S.C.; Assan Aluminyum Sanayi ve Ticaret A.S.; East Hope Group Company Limited; Dubai Aluminium Company Limited; Shandong Xinfa Aluminum Co. Ltd.; China Zhongwang Holdings Limited
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    Table Of Contents

    1. Executive Summary

    2. Aluminum Market Characteristics

    3. Aluminum Market Trends And Strategies

    4. Aluminum Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Aluminum Market Size and Growth

    5.1. Global Aluminum Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Aluminum Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Aluminum Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Aluminum Market Segmentation

    6.1. Global Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Primary Aluminum

    Secondary Aluminum

    6.2. Global Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Flat rolled

    Castings

    Extrusions

    Forgings

    Pigments and Powder

    Rod and Bar

    6.3. Global Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Construction

    Transportation

    Packaging

    Electrical

    Consumer durables

    Machinery and Equipment

    Other End-users

    7. Aluminum Market Regional And Country Analysis

    7.1. Global Aluminum Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Aluminum Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Aluminum Market

    8.1. Asia-Pacific Aluminum Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Aluminum Market

    9.1. China Aluminum Market Overview

    9.2. China Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Aluminum Market

    10.1. India Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Aluminum Market

    11.1. Japan Aluminum Market Overview

    11.2. Japan Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Aluminum Market

    12.1. Australia Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Aluminum Market

    13.1. Indonesia Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Aluminum Market

    14.1. South Korea Aluminum Market Overview

    14.2. South Korea Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Aluminum Market

    15.1. Western Europe Aluminum Market Overview

    15.2. Western Europe Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Aluminum Market

    16.1. UK Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Aluminum Market

    17.1. Germany Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Aluminum Market

    18.1. France Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Aluminum Market

    19.1. Italy Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Aluminum Market

    20.1. Spain Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Aluminum Market

    21.1. Eastern Europe Aluminum Market Overview

    21.2. Eastern Europe Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Aluminum Market

    22.1. Russia Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Aluminum Market

    23.1. North America Aluminum Market Overview

    23.2. North America Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Aluminum Market

    24.1. USA Aluminum Market Overview

    24.2. USA Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Aluminum Market

    25.1. Canada Aluminum Market Overview

    25.2. Canada Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Aluminum Market

    26.1. South America Aluminum Market Overview

    26.2. South America Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Aluminum Market

    27.1. Brazil Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Aluminum Market

    28.1. Middle East Aluminum Market Overview

    28.2. Middle East Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Aluminum Market

    29.1. Africa Aluminum Market Overview

    29.2. Africa Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Aluminum Market Competitive Landscape And Company Profiles

    30.1. Aluminum Market Competitive Landscape

    30.2. Aluminum Market Company Profiles

    30.2.1. BHP Group Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Hulamin Limited

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Rio Tinto plc

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Hindalco Industries Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Norsk Hydro ASA

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Aluminum Market Other Major And Innovative Companies

    31.1. Aluminum Corporation of China Limited

    31.2. China Hongqiao Group Limited

    31.3. Vedanta Resources Limited

    31.4. Novelis Inc.

    31.5. Reliance Steel & Aluminum Co.

    31.6. Alcoa Corporation

    31.7. United Company RUSAL Plc

    31.8. Arconic Inc.

    31.9. Constellium SE

    31.10. Emirates Global Aluminum PJSC

    31.11. Orkla ASA

    31.12. Vimetco N.V.

    31.13. Kaiser Aluminum Corporation

    31.14. Century Aluminum Company

    31.15. Aluminum Bahrain B.S.C.

    32. Global Aluminum Market Competitive Benchmarking

    33. Global Aluminum Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Aluminum Market

    35. Aluminum Market Future Outlook and Potential Analysis

    35.1 Aluminum Market In 2028 - Countries Offering Most New Opportunities

    35.2 Aluminum Market In 2028 - Segments Offering Most New Opportunities

    35.3 Aluminum Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Aluminum Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Aluminum Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: BHP Group Limited Financial Performance
  • Table 75: Hulamin Limited Financial Performance
  • Table 76: Rio Tinto plc Financial Performance
  • Table 77: Hindalco Industries Limited Financial Performance
  • Table 78: Norsk Hydro ASA Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Aluminum Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Aluminum Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Aluminum Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Aluminum Market, Segmentation By Processing Method, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Aluminum Market, Segmentation By End-user, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: BHP Group Limited Financial Performance
  • Figure 75: Hulamin Limited Financial Performance
  • Figure 76: Rio Tinto plc Financial Performance
  • Figure 77: Hindalco Industries Limited Financial Performance
  • Figure 78: Norsk Hydro ASA Financial Performance

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Frequently Asked Questions

What is the definition of the aluminum market?

Aluminum cable refers to electrical cables that are made primarily of aluminum conductors. Aluminum cable is used for wiring power grids such as overhead power transmission lines, local power distribution lines, and the power wiring of some equipment and machines because it has a superior conductivity-to-weight ratio than copper. For further insights on the aluminum market, request a sample here

How will the aluminum market drivers and restraints affect the aluminum market dynamics? What forces will shape the aluminum industry going forward?

The aluminum market major growth driver - rising electric vehicle adoption ignites surge in aluminum cable market growth. For further insights on the aluminum market, request a sample here

What is the forecast market size or the forecast market value of the aluminum market ?

The aluminum cable market size has grown strongly in recent years. It will grow from $56.34 billion in 2023 to $60.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to cost-efficiency, corrosion resistance, electrical conductivity, lightweight properties, and expanding power infrastructure. The aluminum cable market size is expected to see strong growth in the next few years. It will grow to $75.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to renewable energy expansion, smart grid development, increased urban electrification, energy efficiency regulations, and sustainable construction practices. Major trends in the forecast period include technological advancements in manufacturing, infrastructure investments, energy efficiency and sustainability, growing demand in the construction sector, and market expansion in developing regions. For further insights on the aluminum market, request a sample here

How is the aluminum market segmented?

The aluminum market is segmented
1) By Type: Interlocking Metal Sheathed Cable, Flame Retardant Fire-Resistant Cable, Other Types
2) By Grade: Electrical, Alloy, Mechanical
3) By Application: Automobile, Transformers, Motors, Circuit Breakers, Electrical Appliances, Other ApplicationsFor further insights on the aluminum market, request a sample here

Which region has the largest share of the aluminum market? What are the other regions covered in the report?

North America was the largest region in the aluminum cable market in 2023. The regions covered in the aluminum cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the aluminum market, request a sample here.

Who are the major players in the aluminum market?

Major companies operating in the aluminum cable market report are Hitachi Cable Ltd, Asea Brown Boveri Ltd, Sumitomo Electric Industries Ltd., Jiangsu Hengtong Cable, Henan Jinlong Cable, Prysmian SpA, Nexans SA, Furukawa Electric, Leoni AG, Shanghai Nanshan Aluminum, Kaiser Aluminum Corporation, Encore Wire Corporation, Polycab Wires Pvt Ltd., NKT Cables AS, Havells India Limited, Sterlite Technologies Limited, Finolex Cables Limited, KEI Industries Limited, Eland Cables Limited, Southern Cable Group, Emmflex, RR Kabel Limited, Sam Dong Inc., Southwire Company LLC, Radcliff Wire Inc., General Cable Technologies Corporation, Guangdong Guangnan Wires & Cables, Canusa Cable Ltd, Vidyut Cables Pvt Ltd For further insights on the aluminum market, request a sample here.

What are the key trends in the aluminum market?

Major trend in the aluminum market - low-carbon aluminum and polyolefins power cables for enhanced environmental performance. For further insights on the aluminum market, request a sample here.

What are the major opportunities in the aluminum market? What are the strategies for the aluminum market?

For detailed insights on the major opportunities and strategies in the aluminum market, request a sample here.

How does the aluminum market relate to the overall economy and other similar markets?

For detailed insights on aluminum market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the aluminum industry?

For detailed insights on the mergers and acquisitions in the aluminum industry, request a sample here.

What are the key dynamics influencing the aluminum market growth? SWOT analysis of the aluminum market.

For detailed insights on the key dynamics influencing the aluminum market growth and SWOT analysis of the aluminum industry, request a sample here.