Global Aluminum Alloys Market to Reach $361 Billion by 2030
The global market for Aluminum Alloys estimated at US$257.7 Billion in the year 2022, is projected to reach a revised size of US$361 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Transportation, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$174.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Construction segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $70.2 Billion, While China is Forecast to Grow at 7.3% CAGR
The Aluminum Alloys market in the U.S. is estimated at US$70.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$75.9 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.Select Competitors (Total 43 Featured) -
- Alcoa Corporation
- Aleris Corporation
- Aluminium Bahrain B.S.C
- Aluminum Corporation of China Ltd. (Chinalco)
- Constellium N.V.
- Emirates Global Aluminium PJSC
- Kaiser Aluminum
- Kobe Steel Ltd.
- Norsk Hydro ASA
- Rio Tinto PLC.
- RUSAL
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Aluminum Alloys - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Aluminum Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Aluminum Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Aluminum Alloys by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 6: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 9: World 16-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World Historic Review for Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 12: World 16-Year Perspective for Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World Historic Review for Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: World 16-Year Perspective for Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Electrical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World Historic Review for Electrical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 18: World 16-Year Perspective for Electrical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 19: World Aluminum Alloys Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 20: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 21: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 22: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 23: USA Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: USA Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: USA 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- CANADA
- Table 26: Canada Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Canada Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: Canada 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- JAPAN
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 29: Japan Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 30: Japan Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: Japan 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- CHINA
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 32: China Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: China Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: China 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- EUROPE
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 35: Europe Recent Past, Current & Future Analysis for Aluminum Alloys by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Aluminum Alloys by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Aluminum Alloys by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 38: Europe Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: Europe Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: Europe 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- FRANCE
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 41: France Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: France Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: France 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- GERMANY
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 44: Germany Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Germany Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: Germany 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- ITALY
- Table 47: Italy Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: Italy Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: Italy 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- UNITED KINGDOM
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 50: UK Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: UK Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: UK 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- SPAIN
- Table 53: Spain Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Spain Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Spain 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- RUSSIA
- Table 56: Russia Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Russia Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Russia 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- REST OF EUROPE
- Table 59: Rest of Europe Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Rest of Europe Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 61: Rest of Europe 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- ASIA-PACIFIC
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Aluminum Alloys by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific Historic Review for Aluminum Alloys by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 64: Asia-Pacific 16-Year Perspective for Aluminum Alloys by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 65: Asia-Pacific Recent Past, Current & Future Analysis for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 66: Asia-Pacific Historic Review for Aluminum Alloys by End-Use - Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 67: Asia-Pacific 16-Year Perspective for Aluminum Alloys by End-Use - Percentage Breakdown of Value Sales for Transportation, Construction, Machinery, Packaging, Electrical and Other End-Uses for the Years 2014, 2023 & 2030
- AUSTRALIA
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
- INDIA
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
- Aluminum Alloys Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alcoa Corporation
- Aleris Corporation
- Aluminium Bahrain B.S.C
- Aluminum Corporation of China Ltd. (Chinalco)
- Constellium N.V.
- Emirates Global Aluminium PJSC
- Kaiser Aluminum
- Kobe Steel Ltd.
- Norsk Hydro ASA
- Rio Tinto PLC.
- RUSAL
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 257.7 Billion |
Forecasted Market Value ( USD | $ 361 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |