Aluminum rose to 2,573.35 USD/T on August 1, 2025, up 0.30% from the previous day. Over the past month, Aluminum's price has fallen 1.90%, but it is still 13.69% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on August of 2025.

The global aluminum sector grow in 2025 to 2035 with several sectors like automobile, aviation, real estate, packaging, and electrical uses intensifying demand. The sector will reach USD 331.1 billion in 2035 with a Compound Annual Growth Rate (CAGR) of 6.1%.

Metric	Value
Market Size (2025E)	USD 183.1 Billion
Market Size (2035F)	USD 331.1 Billion
CAGR (2025 to 2035)	6.1%

Aluminium Market Analyzed by Top Investment Segments

Series	CAGR (2025 to 2035)
Series 5 Aluminium	7.2%

Processing	CAGR (2025 to 2035)
Extrusions	7.4%

Country Wise Analysis

Country	CAGR (2025 to 2035)
USA	4.5%

Country	CAGR (2025 to 2035)
UK	4.2%

Country	CAGR (2025 to 2035)
European Union (EU)	4.8%

Country	CAGR (2025 to 2035)
Japan	4.1%

Country	CAGR (2025 to 2035)
South Korea	4.3%

Competitive Outlook

Company Name	Estimated Market Share (%)
China Hongqiao Group	14-19%
UC Rusal	9-13%
Alcoa Corporation	7-11%
Rio Tinto Aluminium	5-9%
Emirates Global Aluminium (EGA)	4-8%
Other Companies (combined)	45-55%

The aluminum market size is predicted to reach $199.7 billion in 2024 to $374.1 billion by 2035, growing at a CAGR of 5.87% from 2024 to 2035.

The Aluminum Market report segments the industry into Processing Type (Castings, Extrusions, Forgings, Flat Rolled Products, Pigments and Powders), End-User Industry (Automotive, Aerospace and Defense, Building and Construction, Electrical and Electronics, Packaging, Industrial, Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa).

The U.S. Aluminum Market was valued at $12.47 Bn in 2023 and is expected to reach $17.13 Bn by 2030 due to increasing industrial demand of aluminum.

In 2020, the global aluminum market size reached *** billion U.S. dollars. According to recent estimates, the market size will grow to *** billion U.S. dollars by 2027, mainly driven by the packaging and construction industries.

The global alum market is expected to surpass USD 84 billion by 2027, growing at a CAGR of 2.4% during the forecast period from 2020 to 2027. This growth is driven by various factors such as the increasing demand for alum in the automotive, construction, and ceramics sectors, as well as its use in water treatment, paper production, and pharmaceuticals. The key players are focusing on product innovation, strategic partnerships, and geographic expansion to gain a competitive edge.

Global Aluminum Product From Purchased Aluminum market size 2021 was recorded $130.54 Billion whereas by the end of 2025 it will reach $161.1 Billion. According to the author, by 2033 Aluminum Product From Purchased Aluminum market size will become $245.37. Aluminum Product From Purchased Aluminum market will be growing at a CAGR of 5.4% during 2025 to 2033.

The global aluminum market size was USD 185.30 Billion in 2021, A wide range of applications, numerous beneficial properties, and wide availability of aluminum are expected to drive market revenue growth

Alum Market Outlook

The global alum market size was valued at approximately USD 1.5 billion in 2023 and is expected to reach USD 2.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period. The market is poised for substantial growth due to increasing demand across various applications, particularly in water treatment and the paper and pulp industry. The growing awareness regarding environmental sustainability and the increasing focus on water purification are primary factors driving the market's expansion. As industrial activities surge globally, the need for effective water treatment solutions continues to rise, further propelling the demand for alum.

A significant growth factor for the alum market is its critical role in water treatment processes. The escalating concerns regarding water pollution and the necessity for potable water drive the demand for aluminum-based coagulants like alum. Water treatment facilities are increasingly adopting alum for its efficiency in removing impurities and improving water quality. Additionally, stringent governmental regulations aimed at ensuring safe drinking water standards bolster the demand for alum in municipal water treatment plants worldwide. The rising urban population, especially in developing regions, exacerbates the need for clean water, further fueling market demand.

Another contributor to the market's growth is the expanding paper and pulp industry, where alum is extensively used as a sizing and loading agent. The surge in e-commerce and digital media has led to an increased demand for paper packaging solutions, which in turn, escalates the consumption of alum in paper manufacturing. Furthermore, the trend of sustainable packaging solutions is gaining pace, with paper and cardboard packaging emerging as eco-friendly alternatives to plastics, thereby augmenting alum's usage in this segment. The industry's drive towards sustainability and the resulting shift in packaging preferences are expected to sustain alum demand in the long term.

Additionally, the alum market benefits from its applications in textile and pharmaceutical sectors. In textiles, alum is used for dye fixation, aiding in improving the quality and longevity of fabrics. Meanwhile, in pharmaceuticals, it serves as an astringent and antiseptic, highlighting its versatility and multifunctionality across diverse industries. As the textile and pharmaceutical industries expand, driven by increasing consumer demand and health awareness, alumÂ’s application scope widens, contributing to its market growth. The ongoing research and innovations in these sectors are expected to unlock new opportunities for alum in the coming years.

Potassium Alum, a specific type of alum, is gaining attention for its unique properties and applications across various industries. Known for its excellent coagulating abilities, Potassium Alum is widely used in water purification processes, where it helps in the removal of impurities and contaminants. Its role in ensuring the safety and quality of drinking water is critical, especially in regions facing water scarcity and pollution challenges. Additionally, Potassium Alum is valued in the cosmetic industry for its natural deodorant properties and in the food industry as a firming agent. The versatility of Potassium Alum makes it a valuable component in the alum market, contributing to its growing demand and application scope.

Regionally, the Asia Pacific market dominates due to rapid industrialization and urbanization, leading to heightened demand in both municipal and industrial applications. Countries like China and India are experiencing exponential growth in their manufacturing and water treatment sectors, further driving alum consumption. In North America and Europe, the market is characterized by stringent environmental regulations that necessitate advanced water treatment solutions, while developing regions in Latin America and Africa show potential for growth as they continue to enhance their industrial infrastructure.

Product Type Analysis

The alum market is segmented into two primary product types: ferric alum and non-ferric alum, each serving distinct applications and industries. Ferric alum is prominently used in water treatment facilities due to its excellent coagulating properties, aiding in the removal of suspended solids and impurities from water. Its effectiveness in treating both potable and wastewater makes it a staple in municipal

North America Aluminum Market valued at USD 27.11 Bn in 2024, projected to reach USD 35.53 Bn by 2030, driven by growth in the automotive industry

The U.S. secondary aluminum market stood at $9.3B in 2024, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +2.8% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Secondary aluminum consumption peaked at $11B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

According to Cognitive Market Research, the global Aluminum Sulfate market size will be USD 891.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 356.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 267.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 205.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 44.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 17.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Ferric Alum is the fastest growing segment of the Aluminum Sulfate industry

Market Dynamics of Aluminum Sulfate Market

Key Drivers for Aluminum Sulfate Market

Growing Demand for Water Treatment to Boost Market Growth

The rising population has boosted the demand for potable water. Growing urbanization and industrialization contribute to increased global water usage. The manufacturing, construction, commercial, and residential sectors all need water. Freshwater supplies worldwide are currently insufficient to meet rising water demand. These resources have already been overexploited, resulting in depletion and water scarcity worldwide. Human-caused water pollution has depleted freshwater resources and bodies of water suitable for human consumption. For example, the widespread use of fertilizers, herbicides, and pesticides to protect crops and increase production has contaminated groundwater since these compounds seep into the ground after rains. Furthermore, when precipitation comes into contact with streams and other bodies of water, it transports dirt particles that contaminate them. For instance, a report released in February 2021 by the National Institution for Transforming India (NITI Aayog) states that the market for wastewater treatment plants in India was valued at $2.4 billion in 2019 and is expected to grow to $4.3 billion by 2025 due to the country's growing need for sewage and municipal water treatment facilities.

Aluminum Sulfate's Growing Use in a Number of End-Use Sectors to Drive Market Growth

Government officials have been urged to outlaw plastics due to the growing worry over pollution caused by the widespread use of plastic and its careless and unregulated disposal. Because of this ban, there is a noticeable increase in demand for substitutes like bamboo, jute, and paper. Aluminum sulfate is used in the paper industry, and the market will benefit from the expansion of this sector. Likewise, the food and beverage, chemical, and pharmaceutical industries all use aluminum sulfate. The expansion of these sectors will present profitable prospects for the worldwide market for aluminum sulfate.

Restraint Factor for the Aluminum Sulfate Market

The Existence of Substitute Chemicals for Water Treatment Will Limit Market Growth

The availability of water treatment solutions has increased in tandem with the growing demand for them. In the water treatment procedures, substitutes such as sodium silicate and aluminum sulfate are widely utilized. They are reasonably priced and incredibly efficient water treatment options. As a result, aluminum sulfate's market share is being eroded by the availability of substitute water treatment chemicals or materials. The market for aluminum sulfate will not expand much because there are other options for treating water.

Impact of Covid-19 on the Aluminum Sulfate Market

Lockdowns and restrictions on movement led to disruptions in the supply chain of raw materials and chemicals, including aluminum sulfate. The pandemic led to a slowdown in various industries, including construction, manufacturing, and paper production, which reduced the demand for aluminum sulfate. As the world grapples with water scarcity and pollution, the demand for water treatment chemicals, including aluminum sulfate...

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Aluminum Market Size 2025-2029

The aluminum market size is forecast to increase by USD 37.87 billion at a CAGR of 3.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for this lightweight metal in the electric vehicle (EV) industry. As automakers shift towards producing more fuel-efficient and environmentally friendly vehicles, the adoption of aluminum in EVs is on the rise, presenting a lucrative opportunity for market participants. Furthermore, the use of aluminum in various end-user industries, such as construction, packaging, and transportation, continues to expand due to its versatility and strength-to-weight ratio.
To capitalize on the market's growth potential and navigate the challenges, industry players must remain agile and adapt to the evolving market landscape. Companies can explore opportunities in emerging applications, such as aerospace and renewable energy, while implementing cost-effective production methods and optimizing their supply chain to mitigate the impact of price fluctuations.

What will be the Size of the Aluminum Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The aluminum sector experiences dynamic market activity, driven by various trends and factors. Aluminum's versatility in the aerospace industry and electric vehicles market continues to fuel demand. Solar energy integration in aluminum processing enhances its sustainability, while recycled secondary aluminum reduces environmental concerns. Battery technology advances, such as aluminum-ion batteries for electrical applications, further expand aluminum's reach. Strict regulations in residential real estate contribute to increased home loan disbursements and registrations, boosting demand for aluminum in building and construction.

The 3D printing revolution offers new opportunities for secondary aluminum usage, adding to the sector's growth momentum. Bauxite mining remains a crucial source, ensuring a steady supply for the aluminum industry. However, the market faces challenges, including the volatility of London Metal Exchange (LME) prices for aluminum. This price instability can impact the profitability of companies in the aluminum value chain, necessitating effective risk management strategies and price hedging techniques.

How is this Aluminum Industry segmented?

The aluminum industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Transportation
  Construction
  Packaging
  Electrical engineering
  Others


Type

  Primary aluminum
  Secondary aluminum


Technology

  Extrusion
  Casting
  Rolling
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Poland
    Spain


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The Transportation segment is estimated to witness significant growth during the forecast period. The market encompasses various industries, including aerospace, automotive, rail transportation, marine, construction, electrical applications, and renewable energy. Aluminum's popularity stems from its lightweight, strong, and corrosion-resistant properties. In the transportation sector, aluminum is extensively used due to its ability to reduce overall vehicle weight, enhance fuel efficiency, and increase load capacity. The aerospace industry, in particular, relies heavily on aluminum, accounting for approximately 76%-79% of its composition.

Aluminum alloys, such as 7075, which contains aluminum, zinc, magnesium, and copper, are widely used in aerospace applications for fuselage, doors and floors, passenger seats, engine turbines, and cockpit instrumentation. Additionally, aluminum is a key component in the manufacturing of electric vehicles and their batteries, such as aluminum-ion batteries. Furthermore, aluminum is utilized in the construction industry for wrought alloys and cast products, solar energy applications, and the flexible packaging sector. Bauxite ore mining and scrap metal are essential sources for secondary aluminum production. Environmental concerns are increasingly influencing the aluminum sector, with a focus on sustainable mining practices and the recycling of scrap metal.

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The Transportation segment was valued at USD 47.9 billion in 2019 and showed a gradual increase during the forecast period.

The Aluminum market is witnessing robust growth driven by innovation and sustainability. The rise of the aluminum-ion battery as a viable energy storage solution is revolutioni

The global market volume of primary aluminum is forecast to amount to more than ** million metric tons in 2027. This would be an increase of roughly ** million metric tons compared with the global market volume in 2020.

The Aluminum Market was valued at USD 222.59 billion in 2024, and is projected to reach USD 302.04 billion by 2030 with a CAGR of 4.6% from 2025 to 2030

Aluminum Market size was valued at USD 161.62 Billion in 2024 and is projected to reach USD 194.73 Billion by 2032, growing at a CAGR of 2.60% from 2026 to 2032.

The Aluminum Market is driven by several key factors, including its lightweight properties, high strength-to-weight ratio, excellent corrosion resistance, and recyclability. These characteristics make it a highly versatile material with applications across diverse sectors. The automotive industry is a major driver, with aluminum increasingly used in vehicle components to improve fuel efficiency and reduce emissions. The construction sector also plays a significant role, utilizing aluminum in building materials like windows, doors, and roofing. Additionally, the packaging industry relies heavily on aluminum cans and foils due to their durability and recyclability. Furthermore, the growing demand for consumer electronics and the increasing adoption of renewable energy technologies, such as solar panels, are further contributing to the growth of the Aluminum Market.

The North American aluminum market size will be USD 66338.08 million in the year 2024 and will rise at the compound annual growth rate (CAGR) of 4.4% from the year 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 97535.3 Million by 2031. This growth is mainly attributed to the robust demand in the automotive, aerospace, and the construction industries.

Global Low-Carbon Aluminum Market was valued at USD 82.46 billion by 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.45% through 2029.

Pages	185
Market Size	2023: USD 82.46 billion
Forecast Market Size	2029: USD 105.86 billion
CAGR	2024-2029: 4.45%
Fastest Growing Segment	Flat-Rolled
Largest Market	North America
Key Players	1. EN+ Holding Limited 2. Century Aluminum Company 3. Emirates Global Aluminium PJSC 4. Norsk Hydro ASA 5. Alcoa Corporation 6. China Hongqiao Group Limited 7. Capral Limited 8. Constellium SE 9. Reynaers Aluminium Pvt. Ltd. 10. Granges AB

In 2024, the U.S. alumina and primary aluminum market decreased by -4.7% to $12.6B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.4% over the period from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $16.8B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.