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Aluminum Market Share
- Report ID: GMI4521
- Published Date: Apr 2023
- Report Format: PDF
Aluminum Market Share
- Hindalco
- Norsk Hydro
- Rio Tinto
- Shandong Xinfa Aluminium Group
- Rusal South 32
- Emirates Global Aluminum
- SPIC
- Vedanta Limited
- Alcoa Corporation
- Hangzhou Century Aluminium
- Arconic
- JW Aluminium
- Hongqiao Group
- Logan Aluminium
- Aleris Rolled Products
- Novelis
are some major companies operating in the aluminum market. These industry players are focusing on strategies including mergers and acquisitions to solidify their presence in the global industry. For instance, in August 2022, Rio Tinto acquired Turquoise Hill to enhance its product portfolio and market position.
Frequently Asked Questions (FAQ) :
The market size of aluminum reached USD 169 billion in 2023 and is projected to witness 6.1% CAGR between 2024 and 2032, due to the high product consumption in food and pharma packaging applications.
The aluminum market from the flat products segment is set to register more than 6% CAGR through 2032, as a result of the increased preference for flat products in electric appliances and other sectors.
The North America aluminum industry is anticipated to record over 5.5% CAGR over 2023-2032, due to shifting consumer preference for green and modular designs for constructing homes and office spaces.
Hindalco, Norsk Hydro, Rio Tinto, Shandong Xinfa Aluminium Group, Rusal, South 32, Emirates Global Aluminum, SPIC, Vedanta Limited, Arconic, JW Aluminium, and Novelis are some major companies included in the aluminum market.
Aluminum Market Scope
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