Aluminum Market Size, Share, and Trends 2024 to 2034

The global aluminum market size is calculated at USD 190.98 billion in 2025 and is forecasted to reach around USD 329.08 billion by 2034, accelerating at a CAGR of 6.24% from 2025 to 2034. The Asia Pacific aluminum market size surpassed USD 126.05 billion in 2025 and is expanding at a CAGR of 6.32% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2209
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Aluminum Market 

5.1. COVID-19 Landscape: Aluminum Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Aluminum Market, By Series

8.1. Aluminum Market, by Series

8.1.1. Series 1

8.1.1.1. Market Revenue and Forecast

8.1.2. Series 2

8.1.2.1. Market Revenue and Forecast

8.1.3. Series 3

8.1.3.1. Market Revenue and Forecast

8.1.4. Series 4

8.1.4.1. Market Revenue and Forecast

8.1.5. Series 5

8.1.5.1. Market Revenue and Forecast

8.1.6. Series 6

8.1.6.1. Market Revenue and Forecast

8.1.7. Series 7

8.1.7.1. Market Revenue and Forecast

8.1.8. Series 8

8.1.8.1. Market Revenue and Forecast

Chapter 9. Global Aluminum Market, By Type

9.1. Aluminum Market, by Type

9.1.1. Primary

9.1.1.1. Market Revenue and Forecast

9.1.2. Secondary

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Aluminum Market, By Processing Method 

10.1. Aluminum Market, by Processing Method

10.1.1. Flat Rolled

10.1.1.1. Market Revenue and Forecast

10.1.2. Castings

10.1.2.1. Market Revenue and Forecast

10.1.3. Extrusions

10.1.3.1. Market Revenue and Forecast

10.1.4. Forgings

10.1.4.1. Market Revenue and Forecast

10.1.5. Pigments and Powder

10.1.5.1. Market Revenue and Forecast

10.1.6. Rod and Bar

10.1.6.1. Market Revenue and Forecast

Chapter 11. Global Aluminum Market, By End Use

11.1. Aluminum Market, by End Use

11.1.1. Automotive and Transportation

11.1.1.1. Market Revenue and Forecast

11.1.2. Construction

11.1.2.1. Market Revenue and Forecast

11.1.3. Packaging

11.1.3.1. Market Revenue and Forecast

11.1.4. Electrical and Electronics

11.1.4.1. Market Revenue and Forecast

11.1.5. Machinery and Equipment

11.1.5.1. Market Revenue and Forecast

11.1.6. Consumer Goods

11.1.6.1. Market Revenue and Forecast

11.1.7. Others

11.1.7.1. Market Revenue and Forecast

Chapter 12. Global Aluminum Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Series

12.1.2. Market Revenue and Forecast, by Type

12.1.3. Market Revenue and Forecast, by Processing Method

12.1.4. Market Revenue and Forecast, by End Use

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Series

12.1.5.2. Market Revenue and Forecast, by Type

12.1.5.3. Market Revenue and Forecast, by Processing Method

12.1.5.4. Market Revenue and Forecast, by End Use

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Series

12.1.6.2. Market Revenue and Forecast, by Type

12.1.6.3. Market Revenue and Forecast, by Processing Method

12.1.6.4. Market Revenue and Forecast, by End Use 

12.2. Europe

12.2.1. Market Revenue and Forecast, by Series

12.2.2. Market Revenue and Forecast, by Type

12.2.3. Market Revenue and Forecast, by Processing Method

12.2.4. Market Revenue and Forecast, by End Use 

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Series

12.2.5.2. Market Revenue and Forecast, by Type

12.2.5.3. Market Revenue and Forecast, by Processing Method

12.2.5.4. Market Revenue and Forecast, by End Use 

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Series

12.2.6.2. Market Revenue and Forecast, by Type

12.2.6.3. Market Revenue and Forecast, by Processing Method

12.2.6.4. Market Revenue and Forecast, by End Use 

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Series

12.2.7.2. Market Revenue and Forecast, by Type

12.2.7.3. Market Revenue and Forecast, by Processing Method

12.2.7.4. Market Revenue and Forecast, by End Use

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Series

12.2.8.2. Market Revenue and Forecast, by Type

12.2.8.3. Market Revenue and Forecast, by Processing Method

12.2.8.4. Market Revenue and Forecast, by End Use

12.3. APAC

12.3.1. Market Revenue and Forecast, by Series

12.3.2. Market Revenue and Forecast, by Type

12.3.3. Market Revenue and Forecast, by Processing Method

12.3.4. Market Revenue and Forecast, by End Use 

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Series

12.3.5.2. Market Revenue and Forecast, by Type

12.3.5.3. Market Revenue and Forecast, by Processing Method

12.3.5.4. Market Revenue and Forecast, by End Use 

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Series

12.3.6.2. Market Revenue and Forecast, by Type

12.3.6.3. Market Revenue and Forecast, by Processing Method

12.3.6.4. Market Revenue and Forecast, by End Use 

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Series

12.3.7.2. Market Revenue and Forecast, by Type

12.3.7.3. Market Revenue and Forecast, by Processing Method

12.3.7.4. Market Revenue and Forecast, by End Use 

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Series

12.3.8.2. Market Revenue and Forecast, by Type

12.3.8.3. Market Revenue and Forecast, by Processing Method

12.3.8.4. Market Revenue and Forecast, by End Use 

12.4. MEA

12.4.1. Market Revenue and Forecast, by Series

12.4.2. Market Revenue and Forecast, by Type

12.4.3. Market Revenue and Forecast, by Processing Method

12.4.4. Market Revenue and Forecast, by End Use 

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Series

12.4.5.2. Market Revenue and Forecast, by Type

12.4.5.3. Market Revenue and Forecast, by Processing Method

12.4.5.4. Market Revenue and Forecast, by End Use 

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Series

12.4.6.2. Market Revenue and Forecast, by Type

12.4.6.3. Market Revenue and Forecast, by Processing Method

12.4.6.4. Market Revenue and Forecast, by End Use 

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Series

12.4.7.2. Market Revenue and Forecast, by Type

12.4.7.3. Market Revenue and Forecast, by Processing Method

12.4.7.4. Market Revenue and Forecast, by End Use 

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Series

12.4.8.2. Market Revenue and Forecast, by Type

12.4.8.3. Market Revenue and Forecast, by Processing Method

12.4.8.4. Market Revenue and Forecast, by End Use 

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Series

12.5.2. Market Revenue and Forecast, by Type

12.5.3. Market Revenue and Forecast, by Processing Method

12.5.4. Market Revenue and Forecast, by End Use 

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Series

12.5.5.2. Market Revenue and Forecast, by Type

12.5.5.3. Market Revenue and Forecast, by Processing Method

12.5.5.4. Market Revenue and Forecast, by End Use 

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Series

12.5.6.2. Market Revenue and Forecast, by Type

12.5.6.3. Market Revenue and Forecast, by Processing Method

12.5.6.4. Market Revenue and Forecast, by End Use 

Chapter 13. Company Profiles

13.1. Alcoa Corporation (U.S.)

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Aluminum Corporation of China Limited (CHALCO) (China)

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Century Aluminum Company (U.S.)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. China Hongqiao Group Limited

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. China power investment corp. (cpi)

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. China zhongwang holdings limited (china)

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Dubai Aluminum Company Limited (U.A.E)

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. East Hope Group (China)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Emirates Global Aluminium (UAE)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Abbott

13.10.1. H.P. (Australia)

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global aluminum market size was accounted at USD 179.67 billion in 2024 and it is expected to reach around USD 329.08 billion by 2034.

The global aluminum market is poised to grow at a CAGR of 6.24% from 2025 to 2034.

The major players operating in the aluminum market are Alcoa Corporation, Aluminum Corporation of China Limited (CHALCO), Century Aluminum Company, China Hongqiao Group Limited, China power investment corp. (cpi), China zhongwang holdings limited, Dubai Aluminum Company Limited, East Hope Group, Emirates Global Aluminium, H.P., Hindalco Industries Ltd., Kaiser Aluminium, Norsk Hydro A.S.A. (Norway), Novelis, Rio Tinto Ltd., United Company RUSAL Plc, Vedanta Aluminium Limited, Xinfa group co. Ltd.

The aluminum market is being driven by the increased market for packaged goods and the expanding use of aluminum instead of stainless steel by automakers.

Asia Pacific region will lead the global aluminum market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client