Global Aluminum Production Market Size & Outlook
Global aluminum production market, 2018-2030 (US$M)
Related Markets
Global aluminum production market highlights
- The global aluminum production market generated a revenue of USD 174,419.3 million in 2022 and is expected to reach USD 228,621.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.4% by 2030.
- In terms of segment, automotive & transportation accounted for a revenue of USD 55,960.7 million in 2022.
- Consumer Products is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 174,419.3 million |
| Market revenue in 2030 | USD 228,621.9 million |
| Growth rate | 3.4% (CAGR from 2022 to 2030) |
| Largest segment | Automotive & transportation |
| Fastest growing segment | Consumer Products |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Automotive & Transportation, Packaging, Consumer Products, Electrical |
Other key industry trends
- In terms of revenue, the North America accounted for 6.5% of the global aluminum production market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,979.5 million by 2030.
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Aluminum Production Market Scope
Aluminum Production Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aluminum production market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum production market will help companies and investors design strategic landscapes.
Automotive & transportation was the largest segment with a revenue share of 32.08% in 2022. Horizon Databook has segmented the Global aluminum production market based on construction, automotive & transportation, packaging, consumer products, electrical covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aluminum Production End Use Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Automotive & Transportation
- Packaging
- Consumer Products
- Electrical
- Others
- Building & Construction
- Transportation
- Electrical & Electronics
- Machinery & Equipment
- Galvanizing
- Coatings
- Die-Cast Alloys
- Oxides & Chemicals
- Batteries
- Pigments & Other Compounds
- Stainless Steel
- Non-Ferrous Alloys
- Solders
- Chemicals
- Tinplate
- Cemented Carbide
- Steel & Alloys
- Lighting & Electronic
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Target buyers of Global aluminum production market databook
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Our clientele includes a mix of aluminum production market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aluminum production market , including forecasts for subscribers. This global databook contains high-level insights into Global aluminum production market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global aluminum production market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aluminum production market size, 2022 (US$M)
Global aluminum production market share, by end use, 2022 & 2030 (%, US$M)
Aluminum production market: Opportunity assessment by country
Global aluminum production market, by region, 2022 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,119.9 | 7,227.8 | 7,182.8 | 10,407.1 | 11,368.1 | 11,631.9 | 11,910.1 | 11,819.4 | 11,654.5 | 11,523.8 | 11,657.9 | 11,850.6 | 12,081.2 | 0.8% |
| Europe | 13,609.2 | 11,631.4 | 11,297.6 | 19,230.8 | 21,357.0 | 22,225.8 | 23,166.8 | 23,425.0 | 23,556.0 | 23,774.4 | 24,571.3 | 25,536.2 | 26,828.5 | 2.9% |
| Asia Pacific | 86,029.6 | 73,459.5 | 71,546.2 | 103,888.2 | 115,775.7 | 121,381.3 | 127,528.7 | 130,254.8 | 132,432.9 | 135,296.3 | 141,389.2 | 148,626.3 | 156,710.1 | 3.9% |
| Latin America | 6,768.4 | 6,758.9 | 6,194.4 | 9,132.7 | 10,161.3 | 10,597.8 | 11,074.5 | 11,230.4 | 11,329.9 | 11,476.2 | 11,908.1 | 12,429.4 | 13,011.7 | 3.1% |
| MEA | 12,161.0 | 10,059.4 | 9,661.2 | 14,203.4 | 15,757.4 | 16,386.5 | 17,073.6 | 17,263.1 | 17,365.0 | 17,537.7 | 18,144.6 | 18,884.2 | 19,990.3 | 3.0% |
| Overall | 126,688.2 | 109,137.0 | 105,882.2 | 156,862.1 | 174,419.3 | 182,223.3 | 190,753.7 | 193,992.7 | 196,338.2 | 199,608.4 | 207,671.1 | 217,326.7 | 228,621.9 | 3.4% |
Related regional statistics
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