Global Aluminum industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Aluminum market includes primary aluminum (made from alumina) only. Secondary aluminum (made by the recycling of scrap aluminum) is excluded from our scope. Industry volume is defined as the quantity of primary aluminum produced at sites within each country or geographical region. Industry value is calculated as the production volume multiplied by the average manufacturer's selling price, regardless of whether the production is sold to third parties or used in-house.
- The global aluminum industry recorded revenues of $153.63 billion in 2024, representing a compound annual growth rate (CAGR) of 8.4% between 2019 and 2024.
- Industry production volume increased with a CAGR of 2.6% between 2019 and 2024, reaching a total of 67.55 million tonnes in 2024.
- Asia-Pacific accounted for the largest share of 71.4% of the global aluminum industry in 2024. China plays a key role in making the Asia-Pacific the world’s largest aluminum-producing region, supported by ongoing investments in infrastructure and urban development.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the aluminum market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global aluminum market
- Leading company profiles reveal details of key aluminum market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global aluminum market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Global aluminum market by value in 2024?
- What will be the size of the Global aluminum market in 2029?
- What factors are affecting the strength of competition in the Global aluminum market?
- How has the market performed over the last five years?
- How large is the global’s aluminum market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aluminum Corporation of China Ltd
- China Hongqiao Group Ltd
- United Company RUSAL Plc
- Rio Tinto
