Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Aluminum, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum. This report contains market size and forecasts of Aluminum in global, including the following market information:
Global Aluminum Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Aluminum Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Aluminum companies in 2022 (%)
The global Aluminum market was valued at US$ 90360 million in 2022 and is projected to reach US$ 113070 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Aluminum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum Market Segment Percentages, by Type, 2022 (%)
Aluminum Billets
Foundry Alloy Ingots
Global Aluminum Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum Market Segment Percentages, by Application, 2022 (%)
Construction Industry
Foundry Industry
Transportation Industry
Packaging Industry
Electronics Industry
Others
Global Aluminum Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aluminum Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aluminum revenues share in global market, 2022 (%)
Key companies Aluminum sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Aluminum sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
EGA
Rusal
Norsk Hydro
Yinhai Aluminum
Alcoa
Rio Tinto
Xinfa Group
Alba
Chalco
Hindalco
SNTO
Aluar
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aluminum, market overview.
Chapter 2: Global Aluminum market size in revenue and volume.
Chapter 3: Detailed analysis of Aluminum manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aluminum in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Aluminum capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
