Aluminum Market Research Report Forecast to 2030

The global aluminum market is anticipated to register CAGR of 5.20% during the review period. The worldwide Aluminum market is conspicuously affected by many market-driven factors. A portion of the market-driven factors that are scheduled to fuel the worldwide market development incorporate expanding Aluminum interest in the development business and its developing interest from the automotive business. Aside from these factors, popularity from arising economies of Asia-Pacific because of developing end client businesses in the region is projected to set off worldwide Aluminum market development soon.

Aluminum metals are normally compounds in which aluminum is the prevailing metal, and different components like copper, magnesium, manganese, silicon, tin, and zinc are personally blended. Rolling, projecting, fashioning, drawing, tubing, expulsion, and other metal handling techniques are utilized, similarly as with most different metals. This handling technique permits aluminum amalgams to be changed into different structures. Thus, aluminum items are named sheet and plate, foil, expelled items, fashioned items, wire and link, projecting/foundry items, and glue and powder. These kinds of aluminum items are utilized for different applications in the development business, for example, rooftops, sidings and claddings, central air channels, drains and downspouts, electric protections, windows and entryways, bay windows, drapery walls and exteriors, furniture and beautifications, lines and cylinders, environmentally friendly power gadgets, parts of windows, entryways, veneers, and others.

Worldwide foundation improvement is intensely dependent on government spending. This infers that venture will rely upon the public authority's capacity to finance spending. Long haul stable and record connected framework returns, then again, are for the most part very much matched to the necessities of enormous superannuation reserves. As per Worldwide Development Market Review, the development in the APAC region is exposed to different government approaches.

Market Segment Insights

The primary and secondary aluminum segments of the global aluminum market are divided based on type.

The market is divided into segments according to the kind of product: flat-rolled, castings, extrusions, rod & bar, forgings, and others.

The market is divided into several segments according on the application, including building and construction, automobile and transportation, foil and packaging, electricity, industrial machinery and equipment, consumer products, and others.

Regional Insights

The worldwide Aluminum market is portioned by region into North America, Europe, Asia-Pacific, Center East and Africa, and Latin America. Among these, Asia-Pacific overwhelmed the market with a portion of 62.25%, representing USD 1,04,645.6 million of every 2021; it is normal to enlist the most elevated CAGR of 5.9% from 2022 to 2030. Europe was the second biggest, with a portion of 16.97% in 2021, estimated at USD 28,524.6 million; it is projected to display a CAGR of 4.5%. The sizable aluminum industry in Asia-Pacific is probably going to make the region the biggest extending worldwide market for aluminum. The aluminum market is additionally expected to develop all through the figure period because of rising structure and development in emerging countries like China and India. In view of the popularity for aluminum for development and automotive, Europe has been effectively monitoring the Asia-Pacific market.

Major Players

Some of the key players operating in the Aluminum Market are Alcoa Corporation, Century Aluminum Company, JW Aluminum, Kaiser Aluminum, Novelis Aluminum, C-KOE Metals, Norsk Hydro ASA, Rusal, Rio Tinto Group, Hindalco Industries Limited, NALCO, and National Aluminum Extrusion LLC.

Product Code: MRFR/CnM/1499-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL ALUMINUM MARKET, BY TYPE
- 1.1.2 GLOBAL ALUMINUM MARKET, BY PRODUCT TYPE
- 1.1.3 GLOBAL ALUMINUM MARKET, BY APPLICATION
- 1.1.4 GLOBAL ALUMINUM MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING DEMAND FOR ALUMINUM IN THE CONSTRUCTION INDUSTRY
- 4.2.2 INCREASING DEMAND FOR ALUMINUM IN THE POWER SECTOR
- 4.2.3 GROWING AWARENESS OF SUSTAINABILITY IN THE PACKAGING INDUSTRY
4.3 RESTRAINTS
- 4.3.1 ISSUES WITH OCCUPATION AND ENVIRONMENTAL HAZARDS
4.4 OPPORTUNITIES
- 4.4.1 GROWING POPULARITY OF ELECTRIC VEHICLE
- 4.4.2 GROWING CONSUMER ELECTRONICS MARKET
4.5 CHALLENGES
- 4.5.1 DECARBONIZATION IN THE ALUMINUM INDUSTRY

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION & SALES CHANNEL
- 5.1.4 END USERS
  - 5.1.4.1 LIST OF END USERS BASED ON PRODUCT TYPE
  - 5.1.4.2 LIST OF END-USERS BASED ON APPLICATION
5.2 PORTER'S FIVE FORCES ANALYSIS
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICING OVERVIEW, BY REGION,-2030 (USD/TON) 51
- 5.3.1 PRICING OVERVIEW, BY TYPE,-2030 51
- 5.3.2 PRICING OVERVIEW, BY PRODUCT TYPE,-2030 51
- 5.3.3 PRICING OVERVIEW, BY APPLICATION,-2030 51
5.4 TECHNOLOGICAL OVERVIEW
5.5 REGULATORY OVERVIEW
- 5.5.1 LIST OF ALUMINUM LICENSORS
5.6 IMPACT OF COVID OUTBREAK ON ALUMINUM MARKET 54
- 5.6.1 IMPACT OF COVID-19 ON SUPPLY CHAIN
- 5.6.2 IMPACT ON END-USE INDUSTRIES

6 GLOBAL ALUMINUM MARKET, BY TYPE

6.1 OVERVIEW
- 6.1.1 ALUMINUM: MARKET ESTIMATES & FORECAST BY TYPE,-2030 56
- 6.1.2 ALUMINUM: MARKET ESTIMATES & FORECAST BY TYPE,-2030 57
6.2 PRIMARY
- 6.2.1 PRIMARY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.2.2 PRIMARY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
6.3 SECONDARY
- 6.3.1 SECONDARY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.3.2 SECONDARY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030

7 GLOBAL ALUMINUM MARKET, BY PRODUCT TYPE

7.1 OVERVIEW
- 7.1.1 ALUMINUM: MARKET ESTIMATES & FORECAST BY PRODUCT TYPE,-2030 61
- 7.1.2 ALUMINUM: MARKET ESTIMATES & FORECAST BY PRODUCT TYPE,-2030 62
7.2 FLAT ROLLED
- 7.2.1 FLAT ROLLED: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7.3 CASTINGS
- 7.3.1 CASTINGS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7.4 EXTRUSIONS
- 7.4.1 EXTRUSIONS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7.5 ROD & BAR
- 7.5.1 ROD & BAR: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7.6 FORGINGS
- 7.6.1 FORGINGS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7.7 OTHERS
- 7.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030

8 GLOBAL ALUMINUM MARKET, BY APPLICATION

8.1 OVERVIEW
- 8.1.1 ALUMINUM: MARKET ESTIMATES & FORECAST BY APPLICATION,-2030 70
- 8.1.2 ALUMINUM: MARKET ESTIMATES & FORECAST BY APPLICATION,-2030 71
8.2 BUILDING & CONSTRUCTION
- 8.2.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.3 AUTOMOTIVE & TRANSPORTATION
- 8.3.1 AUTOMOTIVE & TRANSPORTATION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.4 FOIL & PACKAGING
- 8.4.1 FOIL & PACKAGING: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.5 POWER
- 8.5.1 POWER: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.6 MACHINERY & EQUIPMENT (INDUSTRIAL)
- 8.6.1 MACHINERY & EQUIPMENT (INDUSTRIAL): MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.7 CONSUMER GOODS
- 8.7.1 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8.8 OTHERS
- 8.8.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030

9 GLOBAL ALUMINUM MARKET, BY REGION

9.1 OVERVIEW
9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.2 CANADA
9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 UK
- 9.3.3 FRANCE
- 9.3.4 RUSSIA
- 9.3.5 ITALY
- 9.3.6 REST OF EUROPE
9.4 ASIA PACIFIC
- 9.4.1 CHINA
- 9.4.2 JAPAN
- 9.4.3 INDIA
- 9.4.4 SOUTH KOREA
- 9.4.5 AUSTRALIA & NEW ZEALAND
- 9.4.6 REST OF ASIA PACIFIC
9.5 LATIN AMERICA
- 9.5.1 BRAZIL
- 9.5.2 MEXICO
- 9.5.3 ARGENTINA
- 9.5.4 REST OF LATIN AMERICA
9.6 MIDDLE EAST & AFRICA
- 9.6.1 SOUTH AFRICA
- 9.6.2 GCC COUNTRIES
- 9.6.3 REST OF MIDDLE EAST & AFRICA

10 COMPETITIVE LANDSCAPE

10.1 MARKET INTRODUCTION
10.2 KEY DEVELOPMENTS
10.3 GLOBAL MARKET STRATEGY ANALYSIS
10.4 COMPETITIVE BENCHMARKING
10.5 MARKET SHARE ANALYSIS, KEY PLAYERS (2021) *
10.6 PRODUCTION CAPACITY* 159
- 10.6.1 CAPACITY EXPANSION, BY KEY PLAYERS
- 10.6.2 KEY PLAYERS ENERGY SOURCES

11 COMPANY PROFILES

11.1 ALCOA CORPORATION
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCT OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 CENTURY ALUMINUM COMPANY
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 JW ALUMINUM
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 KAISER ALUMINUM
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 NOVELIS INC.
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCT OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 C-KOE METALS
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 NORSK HYDRO ASA
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCT OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 RUSAL
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCT OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 RIO TINTO
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCT OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 HINDALCO INDUSTRIES LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCT OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES
11.11 NALCO INDIA (NATIONAL ALUMINUM COMPANY LIMITED)
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 FINANCIAL OVERVIEW
- 11.11.3 PRODUCTS OFFERED
- 11.11.4 KEY DEVELOPMENTS
- 11.11.5 SWOT ANALYSIS
- 11.11.6 KEY STRATEGIES
11.12 NATIONAL ALUMINUM EXTRUSION CO. LLC (ELITE GROUP)
- 11.12.1 COMPANY OVERVIEW
- 11.12.2 FINANCIAL OVERVIEW
- 11.12.3 PRODUCTS OFFERED
- 11.12.4 KEY DEVELOPMENTS
- 11.12.5 SWOT ANALYSIS
- 11.12.6 KEY STRATEGIES

12 GLOBAL ALUMINA MARKET

12.1 INTRODUCTION
12.2 PRICING OVERVIEW (USD/TON), BY REGION
- 12.2.1 PRICING OVERVIEW BY REGION, USD/TON (2019-2030)
- 12.2.2 PRICING DRIVERS*
12.3 TECHNOLOGICAL OVERVIEW
12.4 REGULATORY OVERVIEW
12.5 ALUMINA TECHNOLOGY LICENSERS WITH CAPACITIES

13 COMPETITIVE LANDSCAPE

13.1 COMPETITIVE OVERVIEW
13.2 GLOBAL MARKET STRATEGY ANALYSIS
13.3 COMPETITIVE BENCHMARKING
13.4 KEY DEVELOPMENTS
13.5 GLOBAL BAUXITE RESERVES
13.6 BAUXITE MINING BY REGION
13.7 BAUXITE MINING BY MAJOR PLAYERS
13.8 BAUXITE, ALUMINUM & ALUMINA PRODUCTION CAPACITY, BY VITAL PLAYERS
13.9 ALUMINUM EXPORT STATISTICS, BY MAJOR PLAYERS
13.10 SECONDARY ALUMINUM PRODUCTION, BY MAJOR PLAYERS
13.11 ALUMINA PRODUCTION MAJOR PLAYERS
13.12 ALUMINA PRODUCTION BY REGION
13.13 ALUMINA PRODUCERS EXPORT DATA, 211
13.14 ALUMINUM PRODUCT TYPE MAPPING
13.15 ALUMINUM APPLICATION MAPPING
13.16 ALUMINA & ALUMINUM CAPACITY ENHANCEMENT BY MAJOR/NEW PLAYERS
13.17 ALUMINA CAPEX/TON OF PRODUCTION
- 13.17.1 PRIMARY ALUMINUM
- 13.17.2 SECONDARY ALUMINUM
13.18 MARKET SHARE OF MAJOR PLAYERS
13.19 ALUMINA OUTLOOK-2030 215

14 COMPANY PROFILES

14.1 ALCOA CORPORATION
- 14.1.1 COMPANY OVERVIEW
- 14.1.2 FINANCIAL OVERVIEW
- 14.1.3 PRODUCT OFFERED
- 14.1.4 KEY DEVELOPMENTS
- 14.1.5 SWOT ANALYSIS
- 14.1.6 KEY STRATEGIES
14.2 ALUMINUM CORPORATION OF CHINA LIMITED
- 14.2.1 COMPANY OVERVIEW
- 14.2.2 FINANCIAL OVERVIEW
- 14.2.3 PRODUCT OFFERED
- 14.2.4 KEY DEVELOPMENTS
- 14.2.5 SWOT ANALYSIS
- 14.2.6 KEY STRATEGIES
14.3 RUSAL
- 14.3.1 COMPANY OVERVIEW
- 14.3.2 FINANCIAL OVERVIEW
- 14.3.3 PRODUCT OFFERED
- 14.3.4 KEY DEVELOPMENTS
- 14.3.5 SWOT ANALYSIS
- 14.3.6 KEY STRATEGIES
14.4 RIO TINTO
- 14.4.1 COMPANY OVERVIEW
- 14.4.2 FINANCIAL OVERVIEW
- 14.4.3 PRODUCT OFFERED
- 14.4.4 KEY DEVELOPMENTS
- 14.4.5 SWOT ANALYSIS
- 14.4.6 KEY STRATEGIES
14.5 NORSK HYDRO ASA
- 14.5.1 COMPANY OVERVIEW
- 14.5.2 FINANCIAL OVERVIEW
- 14.5.3 PRODUCT OFFERED
- 14.5.4 KEY DEVELOPMENTS
- 14.5.5 SWOT ANALYSIS
- 14.5.6 KEY STRATEGIES
14.6 NIPPON LIGHT METAL COMPANY LIMITED
- 14.6.1 COMPANY OVERVIEW
- 14.6.2 FINANCIAL OVERVIEW
- 14.6.3 PRODUCT OFFERED
- 14.6.4 KEY DEVELOPMENTS
- 14.6.5 SWOT ANALYSIS
- 14.6.6 KEY STRATEGIES
14.7 SOUTH32 LIMITED
- 14.7.1 COMPANY OVERVIEW
- 14.7.2 FINANCIAL OVERVIEW
- 14.7.3 PRODUCT OFFERED
- 14.7.4 KEY DEVELOPMENTS
- 14.7.5 SWOT ANALYSIS
- 14.7.6 KEY STRATEGIES
14.8 ALMATIS GMBH
- 14.8.1 COMPANY OVERVIEW
- 14.8.2 FINANCIAL OVERVIEW
- 14.8.3 PRODUCT OFFERED
- 14.8.4 KEY DEVELOPMENTS
- 14.8.5 SWOT ANALYSIS
- 14.8.6 KEY STRATEGIES
14.9 SASOL LIMITED
- 14.9.1 COMPANY OVERVIEW
- 14.9.2 FINANCIAL OVERVIEW
- 14.9.3 PRODUCT OFFERED
- 14.9.4 KEY DEVELOPMENTS
- 14.9.5 SWOT ANALYSIS
- 14.9.6 KEY STRATEGIES
14.10 CABOT CORPORATION
- 14.10.1 COMPANY OVERVIEW
- 14.10.2 FINANCIAL OVERVIEW
- 14.10.3 PRODUCT OFFERED
- 14.10.4 KEY DEVELOPMENTS
- 14.10.5 SWOT ANALYSIS
- 14.10.6 KEY STRATEGIES

15 APPENDIX

15.1 REFERENCES