Mordor Intelligence Report has released a report titled " Aluminum Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2030", which includes market percentage records and a thorough enterprise analysis.
-- The global aluminum market volume is expected to increase from an estimated 76.47 million tons in 2025 to 90.07 million tons by 2030, growing at a compound annual growth rate (CAGR) of approximately 3.33% during 2025–2030.
Aluminum remains one of the most widely used metals worldwide due to its combination of lightweight properties, strength, and recyclability. Industries such as transportation, building and construction, packaging, and electrical and electronics continue to rely heavily on aluminum products, contributing to sustained market expansion. The material’s increasing use in electric vehicles and infrastructure development further supports forecast growth.
Developing Trends in the Aluminum Market
Rising Demand in Transportation and EV Applications: Automakers are increasingly incorporating aluminum to reduce vehicle weight and improve energy efficiency, especially in battery electric vehicles. This trend supports demand for aluminum components used in battery trays, body structures, and thermal systems.
Infrastructure and Construction Growth: Building and construction remain major consumers of aluminum. Durable, corrosion-resistant aluminum products such as window frames, curtain walls, and structural components are widely used in infrastructure projects across multiple regions.
Sustainable Packaging and Recycling: Aluminum’s high recyclability supports a shift toward circular material use. Packaging applications benefit from closed-loop recycling systems that reduce energy consumption and help manufacturers meet sustainability goals.
Regional Investment Patterns: Asia-Pacific continues to dominate global consumption, accounting for over 70% of market volume in 2024, led by rapid industrial and infrastructure growth, while other regions like North America and Europe see increased investments in low-carbon production.
Explore in-depth insights and regional perspectives, including localized editions like the Japanese market version: https://www.mordorintelligence.com/ja/industry-reports/aluminum-market?utm_source=marketersmedia
Aluminum Segmentation.
By Processing Type:
- Extrusions: Accounting for the largest share of the processing market in 2024 due to demand for structural profiles and automotive parts.
- Castings: Projected to grow at a notable pace through 2030 as automotive manufacturers adopt larger cast components.
- Flat-Rolled Products: Used extensively in beverage cans, vehicle panels, and consumer goods.
- Forgings, Pigments & Powders: Supporting specialized applications in aerospace, defense, and additive manufacturing.
By End-User Industry:
- Building and Construction: Represented the largest share of aluminum consumption in 2024, benefiting from infrastructure investments.
- Transportation: Driven by automotive lightweighting and electric vehicle production.
- Packaging, Electrical & Electronics: Continued adoption of aluminum products for sustainable packaging and electrical applications.
By Geography:
- Asia-Pacific: The largest and fastest-growing regional market, driven by China’s production scale and ongoing development in India and Southeast Asia.
- North America and Europe: Focused on advanced production capabilities and low-carbon aluminum initiatives.
- Middle East and Africa: Growing capacity additions and export-oriented production.
Aluminum Key Players
· Alcoa Corporation
· Aluminum Bahrain B.S.C. (Alba)
· Aluminum Corporation of China (CHALCO)
· China Hongqiao Group Limited
· East Hope Group
· Emirates Global Aluminium PJSC
· Novelis Inc.
· Norsk Hydro ASA
· Rio Tinto
· RUSAL
· Xinfa Group
· Vedanta Aluminium
· Century Aluminum Company
Conclusion: Outlook for the Aluminum Market
Construction, automotive, and packaging industries continue to rely on aluminum for lightweight and durable solutions, while emerging trend areas like electric vehicles and closed-loop recycling enhance long-term demand prospects. The dominance of Asia-Pacific in production and consumption underscores the region’s central position, while global investments in cleaner production and recycling technologies indicate a broader market focus on cost efficiency and environmental outcomes.
Explore Related Reports from Mordor Intelligence:
Aluminum Oxide Market: aluminum oxide market is growing at a CAGR of 4% & segmented into structural form type (nanoparticles, powder, pellets, tablets, sputtering targets), application (aluminum smelting, abrasive, aluminum chemicals, engineered ceramics, refractories) and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa)
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