Aluminum Market Trends Analysis, Size, Share, Growth Report, And Outlook To 2033

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Aluminum Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Aluminum Market Segments
The Business Research Company segments the
aluminum market report as
By Product Type
Primary Aluminum, Secondary Aluminum
By Processing Method
Flat rolled, Castings, Extrusions, Forgings,
Pigments and Powder, Rod and Bar
Construction, Transportation, Packaging,
Electrical, Consumer durables, Machinery and
Equipment, Other End-users
By End-user
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Market Statistics
The global Aluminum market size grew from 167.14
billion in 2023 to 179.64 billion in 2024 at a
compound annual growth rate (CAGR) of 7.5. The
Aluminum market size is expected to grow
to 235.8 billion in 2028 at a compound annual
growth rate (CAGR) of 7.0.
235.8 B
179.64 B
167.14 B
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Key Market Drivers And Trends
Drivers
Rising demand from the automotive industry is
expected to propel the growth of the aluminum
market going forward.
Trends
Innovations in material development are a key
trend gaining popularity in the aluminum market.
Region
Asia-Pacific was the largest region in the
Aluminum market in 2023. The regions covered in
the Aluminum market analysis report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Top Eleven Players In The Market

• Major players in the market are
• BHP Group Limited
• Hulamin Limited
• Rio Tinto PLC
• Hindalco Industries Limited
• Norsk Hydro ASA
• Aluminum Corporation of China Limited

• China Hongqiao Group Limited
• Vedanta Resources Limited
• Novelis Inc.
• Reliance Steel Aluminum Co.
• Alcoa Corporation

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   against key competitors.
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