Global High Strength Aluminum Alloys Market Size & Outlook

The high strength aluminum alloys industry worldwide is expected to reach a projected revenue of US$ 39,860.9 million by 2027. A compound annual growth rate of 3.1% is expected of the worldwide high strength aluminum alloys industry from 2020 to 2027.
Revenue, 2019 (US$M)
$31,153.3
Forecast, 2027 (US$M)
$39,860.9
CAGR, 2020 - 2027
3.1%
Report Coverage
Worldwide

Global high strength aluminum alloys market highlights

  • The global high strength aluminum alloys market generated a revenue of USD 31,153.3 million in 2019 and is expected to reach USD 39,860.9 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 3.1% by 2027.
  • In terms of segment, aerospace accounted for a revenue of USD 9,606.4 million in 2019.
  • Defense & Space is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 31,153.3 million
Market revenue in 2027USD 39,860.9 million
Growth rate3.1% (CAGR from 2019 to 2027)
Largest segmentAerospace
Fastest growing segmentDefense & Space
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationAerospace, Automotive, Railway & Marine, Defense & Space

Other key industry trends

  • In terms of revenue, the North America accounted for 20.1% of the global high strength aluminum alloys market in 2019.
  • By country, the China is projected to lead the global market in terms of revenue in 2027.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 1,392.1 million by 2027.

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High Strength Aluminum Alloys Market Scope

High Strength Aluminum Alloys Market Companies

Name Profile # Employees HQ Website

Global high strength aluminum alloys 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 high strength aluminum alloys market will help companies and investors design strategic landscapes.


Aerospace was the largest segment with a revenue share of 30.84% in 2019. Horizon Databook has segmented the Global high strength aluminum alloys market based on aerospace, automotive, railway & marine, defense & space covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global High Strength Aluminum Alloys Application Outlook (Revenue, USD Million, 2016-2027)
    • Aerospace
    • Automotive
    • Railway & Marine
    • Defense & Space
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global high strength aluminum alloys market , including forecasts for subscribers. This global databook contains high-level insights into Global high strength aluminum alloys market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global high strength aluminum alloys market size, by regions, 2016-2027 (US$M)

Top 10 countries: High strength aluminum alloys market size, 2019 (US$M)

Global high strength aluminum alloys market share, by application, 2019 & 2027 (%, US$M)

High strength aluminum alloys market: Opportunity assessment by country

Global high strength aluminum alloys market, by region, 2019 (US$M)

Global high strength aluminum alloys market size, by regions, 2016-2027 (US$M)

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