PUBLISHER: The Business Research Company | PRODUCT CODE: 1641493
PUBLISHER: The Business Research Company | PRODUCT CODE: 1641493
Aluminum rolled products refer to items manufactured through a process where cast aluminum slabs undergo metal procedures to make them suitable for further processing. This processing involves forming plates or sheets through cold and hot rolling processes, resulting in products with durable, high-strength, and lightweight characteristics.
The primary products of aluminum rolled products include foil, plate, and sheet. Aluminum plates are created when aluminum billets are passed between high-pressure rollers, typically having a thickness of about 0. 250" and above. These plates are commonly used for heavy-duty applications. Aluminum rolled products come in various grades, including the 1xxx series, 3xxx series, 5xxx series, and 6xxx series, and find applications in automotive and transportation, building and infrastructure, packaging, consumer durables, and other industries.
The aluminum rolled products market research report is one of a series of new reports from The Business Research Company that provides aluminum rolled products market statistics, including aluminum rolled products industry global market size, regional shares, competitors with an aluminum rolled products market share, detailed aluminum rolled products market segments, market trends, and opportunities, and any further data you may need to thrive in the aluminum rolled products industry. This aluminum rolled products 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.
The aluminum rolled products market size has grown strongly in recent years. It will grow from $59.14 billion in 2024 to $63.21 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growing demand for packaging, automobile, aerospace, ship, building, printing, and electronics industries, changing consumer demands, government policies and regulations, multi-year agreements forThe supply of advanced aluminum rolled products, increased urbanization.
The aluminum rolled products market size is expected to see strong growth in the next few years. It will grow to $89.86 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising adoption of strategies by key players, increasing demand for aluminum rolled products, growing automotive and transportation industry, growth in the electricals and electronics industry, increasing demand for sustainable aluminum by recycling scrap. Major trends in the forecast period include focus on circular economy, lightweighting in transportation, architectural innovation, customization and formability, digitalization in manufacturing.
The anticipated surge in demand within the automotive industry is poised to drive substantial growth within the aluminum rolled products market. Aluminum rolled products hold crucial significance in various automotive components, including vehicle frames, bodies, wheels, electrical wiring, paint, lamps, transmissions, air conditioner condensers, and pipes. With an upsurge in automotive demand, witnessed in statistics from May 2023 by the European Automobile Manufacturers Association, where global motor vehicle production in 2022 reached 85. 4 million units-indicating a significant 5. 7% increase from 2021-alongside data from Brand Finance plc in February 2022 revealing a notable 10% rise with approximately 78 million unit sales, the escalating need within the automotive segment distinctly propels growth in the aluminum rolled products market.
The growing demand in the construction sector is anticipated to significantly drive the growth of the aluminum rolled products market. Construction encompasses the planning, designing, assembling, and building of physical structures, facilities, or infrastructure. Aluminum rolled products are highly valued in this industry due to their lightweight nature, durability, corrosion resistance, and design flexibility. These attributes contribute to improved energy efficiency, reduced maintenance, and overall cost-effectiveness in building projects. For instance, in March 2023, Oxford Economics, a UK-based economic information services company, projected that the value of construction work would increase from $9.7 trillion in 2022 to $13.9 trillion by 2037, driven by major construction markets such as China, the U.S., and India. Thus, the rising demand in the construction sector is poised to propel the growth of the aluminum rolled products market.
Product innovations are a significant trend gaining traction in the aluminum rolled products market. Product innovation involves the creation or introduction of new goods or the launch of improved versions of existing products. For example, in December 2022, National Aluminium Company Limited (NALCO), an India-based Navratna CPSE producer of aluminum and alumina, launched an Aluminum LED Cap stock in Alloy AA1100 with temper H12, available in coil form. This innovative product is specifically designed to produce aluminum cups used as caps in LED bulbs, serving as effective heat sinks. Aluminum is known for its excellent heat dissipation properties, and the strong conductivity of Alloy AA1100 makes it ideal for use in LED bulb covers. Such advancements highlight the industry's focus on enhancing product functionality and performance.
Leading companies within the aluminum rolled products market are strategically focusing on innovative offerings as a pivotal strategy to drive revenue growth within their respective markets. These product innovations involve the development of new and enhanced aluminum-based materials, shapes, or coatings that deliver superior performance, functionality, or sustainability across diverse industries. An exemplar of this strategic focus on innovation is evident in the actions of Novelis Inc., a US-based aluminum rolling and recycling entity. In March 2022, Novelis Inc. introduced Novelis HRC57-an advanced and sustainable anodizing aluminum product. Remarkably, HRC57S, boasting over 90% recycled material, stands out with exceptional bending capabilities and non-flammable attributes suitable for decorative batch anodizing. Available in coil and flat sheet dimensions, this product empowers building owners, architects, fabricators, and facade installers to craft intricate and captivating designs while significantly reducing the carbon footprint in newly constructed or remodeled buildings. Novelis Inc. 's innovative product aims to revolutionize the industry by combining sustainability and functionality in aluminum rolled products.
In March 2024, SiAT, a Taiwan-based manufacturer specializing in innovative nanomaterials for next-generation batteries, partnered with C.S. Aluminum Corporation to launch carbon nanotube-coated aluminum foil. This new product is designed to meet the growing demand for faster charging and longer-lasting lithium-ion batteries, sodium batteries, and supercapacitors. The carbon nanotube (CNT) coating is known to be ten times more conductive than traditional carbon black, which enhances the performance of the batteries significantly. This collaboration aims to address key industry challenges and improve battery efficiency, showcasing a strategic effort to leverage advanced materials in the energy storage sector. C.S. Aluminum Corporation, also based in Taiwan, specializes in producing rolled aluminum products, complementing SiAT's innovative focus on nanotechnology.
Major companies operating in the aluminum rolled products market include Novelis Inc., Constellium SE, Arconic Rolled Products Corporation, Aleris Corp., Hulett Aluminium (Pty) Limited, Hindalco Industries Ltd., AMAG rolling GmbH, Alcoa Inc., Kaiser Aluminum Corp., JW Aluminum Continuous Cast Company, Viohalco SA, Granges AB, Impol Aluminum Corp., Bharat Aluminium Company Ltd., Laminazione Sottile SpA, Jindal Aluminium Limited, Century Aluminum Co., Tri-Arrows Aluminum Inc., Logan Aluminum Inc., Norsk Hydro ASA, Hydro Extrusion North America LLC, United Aluminum Corporation, Aluminum Corporation of China Limited, China Hongqiao Group Limited, China Zhongwang Holdings Limited, United Company RUSAL Plc, Emirates Global Aluminium, Gulf Aluminium Rolling Mill Company, Bahrain-based Gulf Aluminium Rolling Mill Company, Aluminium Bahrain BSC
Asia-Pacific was the largest region in the aluminium rolled products market in 2024. The regions covered in the aluminum rolled products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the aluminum rolled products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The market for aluminum rolled products consists of sales of strips, bars, and rods. 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.
Aluminum Rolled Products Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aluminum rolled products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aluminum rolled products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aluminum rolled products market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.