Aluminium Metals Market Summary
As per MRFR analysis, the Aluminium Metals Market Size was estimated at 185.5 USD Billion in 2024. The Aluminium Metals industry is projected to grow from 196.63 USD Billion in 2025 to 352.13 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.0 during the forecast period 2025 - 2035.
Key Market Trends & Highlights
The Aluminium Metals Market is currently experiencing a dynamic shift towards sustainability and technological innovation.
- North America remains the largest market for aluminium metals, driven by robust demand across various sectors.
- Asia-Pacific is emerging as the fastest-growing region, propelled by rapid industrialization and urbanization.
- Primary Aluminium continues to dominate the market, while Recycled Aluminium is witnessing the fastest growth due to increasing environmental awareness.
- Rising demand from the automotive sector and infrastructure development initiatives are key drivers influencing market expansion.
Market Size & Forecast
| 2024 Market Size | 185.5 (USD Billion) |
| 2035 Market Size | 352.13 (USD Billion) |
| CAGR (2025 - 2035) | 6.0% |
Major Players
Alcoa Corporation (US), Rio Tinto (GB), Rusal (RU), China Hongqiao Group Limited (CN), Norsk Hydro ASA (NO), South32 Limited (AU), Constellium SE (NL), Kaiser Aluminum Corporation (US), Novelis Inc. (US)
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