Aluminum Market by End User Industry, by Processing Method, By Series - Global Opportunity Analysis and Industry Forecast, 2020-2030

Market Definition:

The Global Aluminum Market was valued at USD 151.99 billion in 2019, is predicted to reach USD 205.72 billion by 2030 expanding at a CAGR of 2.70% during the forecast period, from 2020 to 2030.

Aluminum is a silvery-white, soft, non-magnetic, and ductile metal used in a variety of applications such as airplane parts, cans, foils, kitchen utensils, and window frames. Aluminum possesses significant strength and has strong affinity to oxygen. Its characteristics include low density, resistance to corrosion, high conductivity, high malleability, ductility, non-toxicity, resistivity, reflectivity, recyclability, high volumetric energy density, exceptional light weight, and anti-microbial property, that make it useful in industries such as food & packaging, pharmaceutical, electric transmission applications, and aerospace.

Market Dynamics and Trends

The growth of the global aluminum market is attributed to the expansion of the construction industry, high demand for automobiles, surge in the usage of aluminum for packaging food & beverages. Also, rapid urbanization, increase in vertical integration, infrastructural developments, and technological advancements are expected to boost the market growth during the forecast period. However, fluctuating prices and availability of substitute materials are anticipated to hamper the market during the forecast period.

Further, suring demand of aluminum in emerging economies, increasing use of recycled aluminum products, and rising inclination of manufacturing firms towards sustainable development, are expected to create market opportunities in the future.

Market Segmentations and Scope of the Study

The aluminum market is segmented based on series, processing method, end user industry, and geography. On the basis of series, the market is divided into series 1, series 2, series 3, series 4, series 5, series 6, series 7, and series 8. In terms of processing method, the market is segregated into castings, extrusions, flat rolled, forgings, rod & bar, pigments & powder. Based on end user industry, the market is classified as transport, building & construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and others. In terms of geography, the global aluminum market is segregated into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Geographical Analysis

Asia-Pacific dominates the global aluminum market due to rapid urbanization and high usage of aluminum in transportation and building & construction industries. Europe is expected to hold significant share of the market owing to the growing demand for lightweight materials in its thriving automotive industry. The market in North America is expected to grow owing to the increasing use of recycled aluminum products, infrastructural advancements, and technological developments.

Competitive Landscape

Key players in the global aluminum market are Alcoa Corporation, Aluminium Corporation of China Limited (CHALCO), China Hongqiao Group Ltd., China Power Investment Corp. (CPI), East Hope Group Company Limited, Emirates Global Aluminum PJSC, Norsk Hydro ASA, Rio Tinto Alcan Inc., United Company RUSAL Plc., and Xinfa Group Co., Ltd.

KEY MARKET SEGMENTS:

Global Aluminum Market - By Series

Series 1
Series 2
Series 3
Series 4
Series 5
Series 6
Series 7
Series 8

Global Aluminum Market - By Processing Method

Castings
Extrusions
Flat Rolled
Forgings
Rod & Bar
Pigments & Powder

Global Aluminum Market - By End Use Industry

Transport
Building & Construction
Electrical Engineering
Hardware & Accessories
Consumer Goods
Foil & Packaging
Machinery & Equipment
Others

Global Aluminum Market - By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
RoW
UAE
Saudi Arabia
South Africa
Brazil
Remaining Countries

KEY PLAYERS:

Alcoa Corporation
Aluminium Corporation of China Limited (CHALCO)
China Hongqiao Group Ltd.
China Power Investment Corp. (CPI)
East Hope Group Company Limited
Emirates Global Aluminum PJSC
Norsk Hydro ASA, Rio Tinto Alcan Inc.
United Company RUSAL Plc.
Xinfa Group Co., Ltd.

1. Introduction

1.1. Report Description
1.2. Research Methodology
1.2.1 Secondary Research
1.2.2 Data Analysis Framework
1.2.3 Market Size Estimation
1.2.4 Forecasting
1.2.5 Primary Research and Data Validation

2. Market Snapshot, 2019-2030 Million Usd

2.1. Market Snapshot

3. Porter's Five Force Model Analysis

4. Market Dynamics

4.1. Growth Drivers
4.1.1 Driver 1
4.1.2 Driver 2
4.1.3 Driver 3
4.1.4 Driver 4
4.2. Challenges
4.2.1 Challenge 1
4.2.2 Challenge 2
4.3. Opportunities
4.3.1 Opportunity 1
4.3.2 Opportunity 2

5. Global Aluminum Market, by End-user Industry

5.1. Overview
5.2. Transport
5.2.1 Transport Market, by Region
5.2.1.1 North America Transport Market, by Country
5.2.1.2 Europe Transport Market, by Country
5.2.1.3 Asia-Pacific Transport Market, by Country
5.2.1.4 Rest of World Transport Market, by Country
5.3. Building &Construction
5.3.1 Building &Construction Market, by Region
5.3.1.1 North America Building &Construction Market, by Country
5.3.1.2 Europe Building &Construction Market, by Country
5.3.1.3 Asia-Pacific Building &Construction Market, by Country
5.3.1.4 Rest of World Building &Construction Market, by Country
5.4. Electrical Engineering
5.4.1 Electrical Engineering Market, by Region
5.4.1.1 North America Electrical Engineering Market, by Country
5.4.1.2 Europe Electrical Engineering Market, by Country
5.4.1.3 Asia-Pacific Electrical Engineering Market, by Country
5.4.1.4 Rest of World Electrical Engineering Market, by Country
5.5. Consumer Goods
5.5.1 Consumer Goods Market, by Region
5.5.1.1 North America Consumer Goods Market, by Country
5.5.1.2 Europe Consumer Goods Market, by Country
5.5.1.3 Asia-Pacific Consumer Goods Market, by Country
5.5.1.4 Rest of World Consumer Goods Market, by Country
5.6. Foil & Packaging
5.6.1 Foil & Packaging Market, by Region
5.6.1.1 North America Foil & Packaging Market, by Country
5.6.1.2 Europe Foil & Packaging Market, by Country
5.6.1.3 Asia-Pacific Foil & Packaging Market, by Country
5.6.1.4 Rest of World Foil & Packaging Market, by Country
5.7. Machinery & Equipment
5.7.1 Machinery & Equipment Market, by Region
5.7.1.1 North America Machinery & Equipment Market, by Country
5.7.1.2 Europe Machinery & Equipment Market, by Country
5.7.1.3 Asia-Pacific Machinery & Equipment Market, by Country
5.7.1.4 Rest of World Machinery & Equipment Market, by Country
5.8. Others
5.8.1 Others Market, by Region
5.8.1.1 North America Others Market, by Country
5.8.1.2 Europe Others Market, by Country
5.8.1.3 Asia-Pacific Others Market, by Country
5.8.1.4 Rest of World Others Market, by Country

6. Global Aluminum Market, by Processing Method

6.1. Overview
6.2. Flat Rolled
6.2.1 Flat Rolled Market, by Region
6.2.1.1 North America Flat Rolled Market, by Country
6.2.1.2 Europe Flat Rolled Market, by Country
6.2.1.3 Asia-Pacific Flat Rolled Market, by Country
6.2.1.4 Rest of World Flat Rolled Market, by Country
6.3. Castings
6.3.1 Castings Market, by Region
6.3.1.1 North America Castings Market, by Country
6.3.1.2 Europe Castings Market, by Country
6.3.1.3 Asia-Pacific Castings Market, by Country
6.3.1.4 Rest of World Castings Market, by Country
6.4. Extrusions
6.4.1 Extrusions Market, by Region
6.4.1.1 North America Extrusions Market, by Country
6.4.1.2 Europe Extrusions Market, by Country
6.4.1.3 Asia-Pacific Extrusions Market, by Country
6.4.1.4 Rest of World Extrusions Market, by Country
6.5. Forgings
6.5.1 Forgings Market, by Region
6.5.1.1 North America Forgings Market, by Country
6.5.1.2 Europe Forgings Market, by Country
6.5.1.3 Asia-Pacific Forgings Market, by Country
6.5.1.4 Rest of World Forgings Market, by Country
6.6. Pigments & Powder
6.6.1 Pigments & Powder Market, by Region
6.6.1.1 North America Pigments & Powder Market, by Country
6.6.1.2 Europe Pigments & Powder Market, by Country
6.6.1.3 Asia-Pacific Pigments & Powder Market, by Country
6.6.1.4 Rest of World Pigments & Powder Market, by Country
6.7. Rod & Bar
6.7.1 Rod & Bar Market, by Region
6.7.1.1 North America Rod & Bar Market, by Country
6.7.1.2 Europe Rod & Bar Market, by Country
6.7.1.3 Asia-Pacific Rod & Bar Market, by Country
6.7.1.4 Rest of World Rod & Bar Market, by Country

7. Global Aluminum Market, by Series

7.1. Overview
7.2. Series 1
7.2.1 Series 1 Market, by Region
7.2.1.1 North America Series 1 Market, by Country
7.2.1.2 Europe Series 1 Market, by Country
7.2.1.3 Asia-Pacific Series 1 Market, by Country
7.2.1.4 Rest of World Series 1 Market, by Country
7.3. Series 2
7.3.1 Series 2 Market, by Region
7.3.1.1 North America Series 2 Market, by Country
7.3.1.2 Europe Series 2 Market, by Country
7.3.1.3 Asia-Pacific Series 2 Market, by Country
7.3.1.4 Rest of World Series 2 Market, by Country
7.4. Series 3
7.4.1 Series 3 Market, by Region
7.4.1.1 North America Series 3 Market, by Country
7.4.1.2 Europe Series 3 Market, by Country
7.4.1.3 Asia-Pacific Series 3 Market, by Country
7.4.1.4 Rest of World Series 3 Market, by Country
7.5. Series 4
7.5.1 Series 4 Market, by Region
7.5.1.1 North America Series 4 Market, by Country
7.5.1.2 Europe Series 4 Market, by Country
7.5.1.3 Asia-Pacific Series 4 Market, by Country
7.5.1.4 Rest of World Series 4 Market, by Country
7.6. Series 5
7.6.1 Series 5 Market, by Region
7.6.1.1 North America Series 5 Market, by Country
7.6.1.2 Europe Series 5 Market, by Country
7.6.1.3 Asia-Pacific Series 5 Market, by Country
7.6.1.4 Rest of World Series 5 Market, by Country
7.7. Series 6
7.7.1 Series 6 Market, by Region
7.7.1.1 North America Series 6 Market, by Country
7.7.1.2 Europe Series 6 Market, by Country
7.7.1.3 Asia-Pacific Series 6 Market, by Country
7.7.1.4 Rest of World Series 6 Market, by Country
7.8. Series 7
7.8.1 Series 7 Market, by Region
7.8.1.1 North America Series 7 Market, by Country
7.8.1.2 Europe Series 7 Market, by Country
7.8.1.3 Asia-Pacific Series 7 Market, by Country
7.8.1.4 Rest of World Series 7 Market, by Country
7.9. Series 8
7.9.1 Series 8 Market, by Region
7.9.1.1 North America Series 8 Market, by Country
7.9.1.2 Europe Series 8 Market, by Country
7.9.1.3 Asia-Pacific Series 8 Market, by Country
7.9.1.4 Rest of World Series 8 Market, by Country

8. Global Aluminum Market, by Region

8.1. Overview
8.2. North America
8.2.1 North America Aluminum Market, by End-user Industry
8.2.2 North America Aluminum Market, by Processing Method
8.2.3 North America Aluminum Market, by Series
8.2.4 North America Aluminum, Market by Country
8.2.4.1 U.S
8.2.4.1.1 U.S Aluminum Market, by End-user Industry
8.2.4.1.2 U.S Aluminum Market, by Processing Method
8.2.4.1.3 U.S Aluminum Market, by Series
8.2.4.2 Canada
8.2.4.2.1 Canada Aluminum Market, by End-user Industry
8.2.4.2.2 Canada Aluminum Market, by Processing Method
8.2.4.2.3 Canada Aluminum Market, by Series
8.2.4.3 Mexico
8.2.4.3.1 Mexico Aluminum Market, by End-user Industry
8.2.4.3.2 Mexico Aluminum Market, by Processing Method
8.2.4.3.3 Mexico Aluminum Market, by Series
8.3. Europe
8.3.1 Europe Aluminum Market, by End-user Industry
8.3.2 Europe Aluminum Market, by Processing Method
8.3.3 Europe Aluminum Market, by Series
8.3.4 Europe Aluminum, Market by Country
8.3.4.1 UK
8.3.4.1.1 UK Aluminum Market, by End-user Industry
8.3.4.1.2 UK Aluminum Market, by Processing Method
8.3.4.1.3 UK Aluminum Market, by Series
8.3.4.2 Germany
8.3.4.2.1 Germany Aluminum Market, by End-user Industry
8.3.4.2.2 Germany Aluminum Market, by Processing Method
8.3.4.2.3 Germany Aluminum Market, by Series
8.3.4.3 France
8.3.4.3.1 France Aluminum Market, by End-user Industry
8.3.4.3.2 France Aluminum Market, by Processing Method
8.3.4.3.3 France Aluminum Market, by Series
8.3.4.4 Spain
8.3.4.4.1 Spain Aluminum Market, by End-user Industry
8.3.4.4.2 Spain Aluminum Market, by Processing Method
8.3.4.4.3 Spain Aluminum Market, by Series
8.3.4.5 Italy
8.3.4.5.1 Italy Aluminum Market, by End-user Industry
8.3.4.5.2 Italy Aluminum Market, by Processing Method
8.3.4.5.3 Italy Aluminum Market, by Series
8.3.4.6 Rest of Europe
8.3.4.6.1 Rest of Europe Aluminum Market, by End-user Industry
8.3.4.6.2 Rest of Europe Aluminum Market, by Processing Method
8.3.4.6.3 Rest of Europe Aluminum Market, by Series
8.4. Asia-Pacific
8.4.1 Asia-Pacific Aluminum Market, by End-user Industry
8.4.2 Asia-Pacific Aluminum Market, by Processing Method
8.4.3 Asia-Pacific Aluminum Market, by Series
8.4.4 Asia-Pacific Aluminum, Market by Country
8.4.4.1 China
8.4.4.1.1 China Aluminum Market, by End-user Industry
8.4.4.1.2 China Aluminum Market, by Processing Method
8.4.4.1.3 China Aluminum Market, by Series
8.4.4.2 Japan
8.4.4.2.1 Japan Aluminum Market, by End-user Industry
8.4.4.2.2 Japan Aluminum Market, by Processing Method
8.4.4.2.3 Japan Aluminum Market, by Series
8.4.4.3 India
8.4.4.3.1 India Aluminum Market, by End-user Industry
8.4.4.3.2 India Aluminum Market, by Processing Method
8.4.4.3.3 India Aluminum Market, by Series
8.4.4.4 Australia
8.4.4.4.1 Australia Aluminum Market, by End-user Industry
8.4.4.4.2 Australia Aluminum Market, by Processing Method
8.4.4.4.3 Australia Aluminum Market, by Series
8.4.4.5 South Korea
8.4.4.5.1 South Korea Aluminum Market, by End-user Industry
8.4.4.5.2 South Korea Aluminum Market, by Processing Method
8.4.4.5.3 South Korea Aluminum Market, by Series
8.4.4.6 Rest of Asia-Pacific
8.4.4.6.1 Rest of Asia-Pacific Aluminum Market, by End-user Industry
8.4.4.6.2 Rest of Asia-Pacific Aluminum Market, by Processing Method
8.4.4.6.3 Rest of Asia-Pacific Aluminum Market, by Series
8.5. Rest of World
8.5.1 Rest of World Aluminum Market, by End-user Industry
8.5.2 Rest of World Aluminum Market, by Processing Method
8.5.3 Rest of World Aluminum Market, by Series
8.5.4 Rest of World Aluminum, Market by Country
8.5.4.1 Saudi Arabia
8.5.4.1.1 Saudi Arabia Aluminum Market, by End-user Industry
8.5.4.1.2 Saudi Arabia Aluminum Market, by Processing Method
8.5.4.1.3 Saudi Arabia Aluminum Market, by Series
8.5.4.2 South Africa
8.5.4.2.1 South Africa Aluminum Market, by End-user Industry
8.5.4.2.2 South Africa Aluminum Market, by Processing Method
8.5.4.2.3 South Africa Aluminum Market, by Series
8.5.4.3 Turkey
8.5.4.3.1 Turkey Aluminum Market, by End-user Industry
8.5.4.3.2 Turkey Aluminum Market, by Processing Method
8.5.4.3.3 Turkey Aluminum Market, by Series

9. Company Profiles

9.1. Alcoa Corporation
9.1.1 Company Overview
9.1.2 Company Snapshot
9.1.3 Operating Business Segments
9.1.4 Product Portfolio
9.1.5 Business Performance
9.1.6 Key Strategic Moves and Development
9.2. Aluminium Corporation of China Limited(Chalco)
9.2.1 Company Overview
9.2.2 Company Snapshot
9.2.3 Operating Business Segments
9.2.4 Product Portfolio
9.2.5 Business Performance
9.2.6 Key Strategic Moves and Development
9.3. China Hongqiao Group Ltd.
9.3.1 Company Overview
9.3.2 Company Snapshot
9.3.3 Operating Business Segments
9.3.4 Product Portfolio
9.3.5 Business Performance
9.3.6 Key Strategic Moves and Development
9.4. China Power Investment Corp.(Cpi)
9.4.1 Company Overview
9.4.2 Company Snapshot
9.4.3 Operating Business Segments
9.4.4 Product Portfolio
9.4.5 Business Performance
9.4.6 Key Strategic Moves and Development
9.5. East Hope Group Company Limited
9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Operating Business Segments
9.5.4 Product Portfolio
9.5.5 Business Performance
9.5.6 Key Strategic Moves and Development
9.6. Emirates Global Aluminium Pjsc
9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Operating Business Segments
9.6.4 Product Portfolio
9.6.5 Business Performance
9.6.6 Key Strategic Moves and Development
9.7. Norsk Hydro Asa
9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Operating Business Segments
9.7.4 Product Portfolio
9.7.5 Business Performance
9.7.6 Key Strategic Moves and Development
9.8. Rio Tinto Alcan Inc
9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Operating Business Segments
9.8.4 Product Portfolio
9.8.5 Business Performance
9.8.6 Key Strategic Moves and Development
9.9. United Company Rusal plc
9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Operating Business Segments
9.9.4 Product Portfolio
9.9.5 Business Performance
9.9.6 Key Strategic Moves and Development
9.10. Xinfa Group Co. Ltd.
9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Operating Business Segments
9.10.4 Product Portfolio
9.10.5 Business Performance
9.10.6 Key Strategic Moves and Development

Executive Summary

Aluminum Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2030-Rapid development in the construction industry, growing demand for automobiles and increasing use of aluminum for packaging the food & beverages are key drivers of the Global Aluminum Market

Increase in the use of aluminium in various industries such as building & construction and packaging and the surging demand for recycled aluminium are likely to drive the aluminium market. Also, significant rise in the demand for lightweight components in the automotive industry and increased consumption of aluminium in the aerospace industry are further boosting the growth of global aluminium market.

The aluminum market is segmented based on series, processing method, end user industry, and geography. On the basis of series, the market is segmented into series 1, series 2, series 3, series 4, series 5, series 6, series 7, and series 8. In terms of processing method, the market is segregated into castings, extrusions, flat rolled, forgings, rod & bar, pigments & powder. Based on end user industry, the market is classified as transport, building & construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and others. In terms of geography, the global aluminum market is segregated into North America, Europe, Asia-Pacific, and Rest of the World (RoW).