In terms of revenue, the global aluminum market was valued at $133.722 billion in 2021 and is expected to reach $208.902 billion by 2030, developing at a CAGR of 4.97% during the forecast period 2022 to 2030.

GLOBAL ALUMINUM MARKET FORECAST 2022-2030

Global Aluminum Market by Product Type (Primary Aluminum, Alumina, Bauxite, Other Products) Market by End-user (Building and Construction, Automotive & Transportation, Electronics, Foil & Packaging, Other End-users) by Geography

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In terms of revenue, the global aluminum market was valued at $133.722 billion in 2021 and is expected to reach $208.902 billion by 2030, developing at a CAGR of 4.97% during the forecast period 2022 to 2030.

Aluminum is one of the lightest engineering metals, with a strength-to-weight ratio that is superior to steel. Extracted from the principal ore, bauxite, the material is a conductor of both heat and electricity and is also a good reflector of heat and light. Moreover, aluminum is corrosion-resistant, as well. The varied properties of aluminum make it useful across different industries, including architecture, energy generation, transport, packaging, and electrical transmission applications.

Aluminum Market

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Key growth enablers of the global aluminum market:

  • Growing demand from end-users
  • Rising substitution of stainless steel with aluminum by automotive manufacturers
  • Increase in electric vehicle production
    • Due to its ability to reduce weight and accommodate heavy components such as batteries, in addition to extending vehicle range, the demand for aluminum for manufacturing electric vehicles is rapidly increasing.
    • Moreover, the braking distance of electric cars is reduced when made lighter. This, in turn, increases the safety of passengers and enhances the ease of handling.
    • As per International Energy Agency (IEA), the global sales of electric cars increased in 2022, with nearly 2 million sold in the first quarter, up 75% from the same period in 2021. Hence, increasing awareness regarding lowering emissions is expected to drive the growth of the market during the forecast period.

Key growth restraining factors:

  • Stringent environmental regulations
    • The process of transforming raw bauxite into aluminum is highly energy intensive. Moreover, greenhouse gases and particulates released during smelting and processing, negatively impact the environment. Therefore, strict environmental regulations are being imposed by government authorities, which may hinder the growth of the market.
    • Furthermore, smelting facilities must meet the emission standards, which further leads to increased cost of products. For instance, the National Emission Standards for Hazardous Air Pollutants for Secondary Aluminum Production was amended by the Environmental Protection Agency (EPA), wherein the requirements for initial performance tests, compliance testing, submission of malfunction reports, and others were clarified.
  • Rising prices of aluminum

Global Aluminum Market | Top Trends

  • The widening applications of aluminum in the sustainable energy industry are expected to drive market growth. Aluminum is used in various clean energy technologies, especially solar, where it accounts for the majority of the photovoltaic (PV) components in the form of frames and mounting structures that hold PV panels together.
  • Several other technological developments in the use of aluminum and its alloys are expected to propel the growth of the market over the forecast period. For instance, 3D printing technology is gaining significant popularity in the market. Moreover, aluminum powder is often used to print fully functional parts as well as separate parts that are strong, precise, and can handle details as small as 0.25 mm.
  • Recycled or secondary aluminum holds a significant market share in terms of global consumption. Aligning with this, the scrap obtained from equipment, machinery, automotive, and beverage cans is reprocessed and used due to its cost efficiency. This reprocessing of secondary metal consumes only a fraction of the energy required for the production of new metal from the ore, thereby causing less harm to the environment.
  • As aluminum is lightweight and cost-effective, it finds multiple applications in the manufacturing of consumer electronics. Therefore, the growing demand for mobiles, televisions, laptops, and tablets, among others, is expected to drive market growth over the upcoming years.
  • Aluminum foams are also used for the manufacturing of ships, in structures, such as exchangers and heat sinks, filters and mist eliminators, chemical beds and scrubbers, and battery plates. Hence, the use of aluminum foam is gaining significant popularity.

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Market Segmentation – Product Type and End-User –

Market by Product Type:

  • Primary aluminum
  • Alumina
  • Bauxite
    • Bauxite is set to be the fastest-growing product type during the forecast period.
    • As the major raw material for the primary aluminum market, bauxite also finds applications in different non-metallurgical sectors such as refractory, abrasive, steel making, cement and chemicals. Moreover, it is one of the most common elements on earth.
    • The demand for bauxite is expected to boost during the forecast period owing to the rising production of primary aluminum. Accordingly, the abundance of bauxite used in large-scale aluminum production and its multiple applications are expected to drive the segment’s growth.
  • Other Products (Flat Rolled and Extrusions)

Market by End-User:

  • Building and Construction
    • The building and construction segment under the end-user category is expected to grow with the highest CAGR over the projected years.
    • Different characteristics of aluminum, including high strength, durability, lightweight, corrosion resistance, non-toxic nature, and others, have made it a material of choice in the buildings and construction industry. The metal has also become extremely popular for finishing domes and roofs, in addition to their use in drains and wall panels, together with decorative purposes.
    • Aluminum can be used in any climatic conditions and does not lose its properties in a wide temperature range. Since the metal becomes stronger at low temperatures, heat-insulated aluminum siding with reflective foil covering protects a facility from cold temperatures. As a result, aluminum is widely used for construction in cold areas.
  • Automotive & Transportation
  • Electronics
  • Foil & Packaging
  • Other End-Users

Geographical Study Based on Four Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, the Netherlands, Poland, Norway, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Taiwan, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • The Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, progressing with a CAGR of 5.12% by 2030.
    • The rising preference for hybrid-electric and battery-electric vehicles is expected to drive the market growth in the Asia-Pacific. As per industry sources, China’s shipments of cars rebounded in May 2022, with the export of electric vehicles more than doubling as COVID-19 pandemic lockdowns ceased.
    • Moreover, the rising awareness about reducing greenhouse gas emissions has further shifted the focus towards electric vehicles, thus fueling the demand for aluminum owing to its lightweight.
    • Growing investments in construction activities and developing infrastructure is also expected to propel the market growth in the Asia-Pacific. For instance, as per India Brand Equity Foundation (IBEF), in Union Budget 2022-23, the government allocated $130.57 billion to enhance the infrastructure sector in the country, thereby boosting the market growth.
  • Rest of World: Latin America, the Middle East & Africa

Major players in the global aluminum market:

  • Hindalco Industries Ltd
  • Rio Tinto
  • Aluminum Corporation of China Ltd (CHALCO)
  • Alcoa Corporation
  • Novelis Inc

Key strategies adopted by some of these companies:

  • In April 2021, Rusal announced the launch of a new brand for its aluminum-scandium products, ScАlution.
  • In April 2021, Kaiser Aluminum Corporation completed the acquisition of Alcoa Warrick LLC from Alcoa Corporation for $670 million. The acquisition provided Kaiser with a strategic re-entry into the aluminum packaging industry with opportunities for growth.
  • In June 2022, Rio Tinto, in collaboration with Corona Canada, announced the launch of low carbon beverage can produced by Ball Corporation.

Report Synopsis:

Report Scope

Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Product Type and End-User
Geographies Analyzed North America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

Rio Tinto, Aluminum Corporation of China Ltd (CHALCO), United Company Rusal Plc, Alcoa Corporation, Norsk Hydro ASA, Emirates Global Aluminum PJSC, Novelis Inc, Aluminum Bahrain BSC (ALBA), China Hongqiao Group Limited, Century Aluminum Company, UACJ Corporation, Constellium SE, China Zhongwang Holdings Limited, Hindalco Industries Ltd, Reliance Steel & Aluminum Co

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • KEY DRIVERS
      • GROWING DEMAND FROM END-USERS
      • RISING SUBSTITUTION OF STAINLESS STEEL WITH ALUMINUM BY AUTOMOTIVE MANUFACTURERS
      • INCREASE IN ELECTRIC VEHICLE PRODUCTION
    • KEY RESTRAINTS
      • STRINGENT ENVIRONMENTAL REGULATIONS
      • RISING PRICES OF ALUMINUM
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON ALUMINUM MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
      • RAW MATERIAL PROCUREMENT
      • ALUMINUM PRODUCTION
      • END-USER
    • KEY BUYING CRITERIA
      • STRENGTH
      • RECYCLABILITY
      • CORROSION RESISTANCE
    • REGULATORY FRAMEWORK
  2. MARKET BY PRODUCT TYPE
    • PRIMARY ALUMINUM
    • ALUMINA
    • BAUXITE
    • OTHER PRODUCTS (FLAT ROLLED AND EXTRUSIONS)
  3. MARKET BY END-USER
    • BUILDING AND CONSTRUCTION
    • AUTOMOTIVE & TRANSPORTATION
    • ELECTRONICS
    • FOIL & PACKAGING
    • OTHER END-USERS
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • SPAIN
        • NETHERLANDS
        • POLAND
        • NORWAY
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • TAIWAN
        • THAILAND
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS & AGREEMENTS
      • BUSINESS EXPANSIONS & DIVESTITURES
    • COMPANY PROFILES
      • ALCOA CORPORATION
      • ALUMINUM BAHRAIN BSC (ALBA)
      • ALUMINUM CORPORATION OF CHINA LTD (CHALCO)
      • CENTURY ALUMINUM COMPANY
      • CHINA HONGQIAO GROUP LIMITED
      • CHINA ZHONGWANG HOLDINGS LIMTED
      • CONSTELLIUM SE
      • EMIRATES GLOBAL ALUMINUM PJSC
      • HINDALCO INDUSTRIES LTD
      • NORSK HYDRO ASA
      • NOVELIS INC
      • RELIANCE STEEL & ALUMINUM CO
      • RIO TINTO
      • UACJ CORPORATION
      • UNITED COMPANY RUSAL PLC

LIST OF TABLES  

TABLE 1: MARKET SNAPSHOT – ALUMINUM MARKET

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: GLOBAL ALUMINUM MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 4: GLOBAL ALUMINUM MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 5: GLOBAL PRIMARY ALUMINUM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 6: GLOBAL PRIMARY ALUMINUM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 7: GLOBAL ALUMINA MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 8: GLOBAL ALUMINA MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 9: GLOBAL BAUXITE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 10: GLOBAL BAUXITE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 11: GLOBAL OTHER PRODUCTS (FLAT ROLLED AND EXTRUSIONS) MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 12: GLOBAL OTHER PRODUCTS (FLAT ROLLED AND EXTRUSIONS) MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 13: GLOBAL ALUMINUM MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 14: GLOBAL ALUMINUM MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 15: GLOBAL BUILDING AND CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 16: GLOBAL BUILDING AND CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 17: GLOBAL AUTOMOTIVE & TRANSPORTATION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 18: GLOBAL AUTOMOTIVE & TRANSPORTATION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 19: GLOBAL ELECTRONICS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 20: GLOBAL ELECTRONICS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 21: GLOBAL FOIL & PACKAGING MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 22: GLOBAL FOIL & PACKAGING MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 23: GLOBAL OTHER END-USERS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 24: GLOBAL OTHER END-USERS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 25: GLOBAL ALUMINUM MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 26: GLOBAL ALUMINUM MARKET, BY GEOGRAPHY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 27: NORTH AMERICA ALUMINUM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 28: NORTH AMERICA ALUMINUM MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 29: LEADING PLAYERS OPERATING IN NORTH AMERICA ALUMINUM MARKET

TABLE 30: EUROPE ALUMINUM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 31: EUROPE ALUMINUM MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 32: LEADING PLAYERS OPERATING IN EUROPE ALUMINUM MARKET

TABLE 33: ASIA-PACIFIC ALUMINUM MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 34: ASIA-PACIFIC ALUMINUM MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 35: LEADING PLAYERS OPERATING IN ASIA-PACIFIC ALUMINUM MARKET

TABLE 36: REST OF WORLD ALUMINUM MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 37: REST OF WORLD ALUMINUM MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 38: LEADING PLAYERS OPERATING IN REST OF WORLD ALUMINUM MARKET

TABLE 39: LIST OF MERGERS & ACQUISITIONS

TABLE 40: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 41: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 42: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: KEY BUYING CRITERIA

FIGURE 7: GLOBAL ALUMINUM MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2021

FIGURE 8: GLOBAL ALUMINUM MARKET, BY PRIMARY ALUMINUM, 2022-2030 (IN $ MILLION)

FIGURE 9: GLOBAL ALUMINUM MARKET, BY ALUMINA, 2022-2030 (IN $ MILLION)

FIGURE 10: GLOBAL ALUMINUM MARKET, BY BAUXITE, 2022-2030 (IN $ MILLION)

FIGURE 11: GLOBAL ALUMINUM MARKET, BY OTHER PRODUCTS (FLAT ROLLED AND EXTRUSIONS), 2022-2030 (IN $ MILLION)

FIGURE 12: GLOBAL ALUMINUM MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

FIGURE 13: GLOBAL ALUMINUM MARKET, BY BUILDING AND CONSTRUCTION, 2022-2030 (IN $ MILLION)

FIGURE 14: GLOBAL ALUMINUM MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2022-2030 (IN $ MILLION)

FIGURE 15: GLOBAL ALUMINUM MARKET, BY ELECTRONICS, 2022-2030 (IN $ MILLION)

FIGURE 16: GLOBAL ALUMINUM MARKET, BY FOIL & PACKAGING, 2022-2030 (IN $ MILLION)

FIGURE 17: GLOBAL ALUMINUM MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

FIGURE 18: NORTH AMERICA ALUMINUM MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 19: UNITED STATES ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 20: CANADA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 21: EUROPE ALUMINUM MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 22: UNITED KINGDOM ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 23: GERMANY ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 24: FRANCE ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 25: ITALY ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 26: SPAIN ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 27: NETHERLANDS ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 28: POLAND ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 29: NORWAY ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 30: REST OF EUROPE ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 31: ASIA-PACIFIC ALUMINUM MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 32: CHINA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 33: JAPAN ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 34: INDIA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 35: SOUTH KOREA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 36: TAIWAN ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 37: THAILAND ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 38: AUSTRALIA & NEW ZEALAND ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 39: REST OF ASIA-PACIFIC ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 40: REST OF WORLD ALUMINUM MARKET, REGIONAL OUTLOOK, 2021 & 2030 (IN %)

FIGURE 41: LATIN AMERICA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

FIGURE 42: MIDDLE EAST & AFRICA ALUMINUM MARKET, 2022-2030 (IN $ MILLION)

  1. MARKET BY PRODUCT TYPE
    • PRIMARY ALUMINUM
    • ALUMINA
    • BAUXITE
    • OTHER PRODUCTS (FLAT ROLLED AND EXTRUSIONS)
  2. MARKET BY END-USER
    • BUILDING AND CONSTRUCTION
    • AUTOMOTIVE & TRANSPORTATION
    • ELECTRONICS
    • FOIL & PACKAGING
    • OTHER END-USERS
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • SPAIN
        • NETHERLANDS
        • POLAND
        • NORWAY
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • TAIWAN
        • THAILAND
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

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    Frequently Asked Questions (FAQs):

    How is aluminum used in the transportation industry?

    Aluminium finds application in the production of lightweight vehicles and electronic vehicles. In addition to improving the speed and fuel efficiency as a lightweight metal, aluminum is also used to develop cleaner and sustainable means of transportation since it is 100% recyclable.

    What are aluminum extrusions?

    Aluminum extrusions are linear products with a high strength-to-weight ratio and low extrusion process cost. Extrusion develops robust and lightweight angles, beams, channels and profiles. It is also used to manufacture solid, hollow, and semi-hollow shapes.

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