Aluminum fell to 2,591.50 USD/T on June 27, 2025, down 0.03% from the previous day. Over the past month, Aluminum's price has risen 4.90%, and is up 2.65% compared to the same time last year, 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 June of 2025.

In 2022, the market of activated alumina was valued at approximately 1.04 billion U.S. dollars worldwide. By the year 2030, the global market value of this chemical is forecast to grow to around 1.51 billion U.S dollars. Meanwhile, in 2022, the market volume of activated alumina stood at some 499.99 thousand metric tons.

Graph and download economic data for Producer Price Index by Industry: Alumina and Aluminum Production and Processing (PCU33133313) from Dec 2003 to May 2025 about aluminum, processed, PPI, industry, inflation, price index, indexes, price, and USA.

The Indian alumina market rose remarkably to $3.1B in 2024, surging by 12% against the previous year. In general, consumption, however, posted a resilient increase. As a result, consumption attained the peak level of $3.5B. From 2019 to 2024, the growth of the market failed to regain momentum.

The Alumina Market size is projected to grow from USD 41.08 billion in the current year to USD 66.20 billion by 2035, representing a CAGR of 4.43%, during the forecast period till 2035.

The article discusses the increasing demand for alumina worldwide, with market consumption expected to continue upwards over the next decade. Market performance is forecasted to expand with a CAGR of +1.3% from 2024 to 2035, reaching a volume of 162M tons by the end of 2035. In value terms, the market is expected to grow with a CAGR of +1.9%, bringing the market value to $99.5B by 2035.

The third quarter (Q3) of 2024 saw alumina prices reach approximately 504 U.S. dollars per ton, the highest value recorded within the period of consideration. Alumina is a colorless and crystalline substance that can be used to produce aluminum, in ceramics, and other chemical applications.

During the first quarter of 2025, the alumina trihydrate prices in the USA reached 615 USD/Ton in March. As per the alumina trihydrate price chart, prices rose slightly due to higher bauxite costs and supply chain inefficiencies. Although construction experienced moderate growth, production costs were exacerbated by flat automotive demand and inflationary pressures.

Product	Category	Region	Price
Alumina Trihydrate	Chemicals	USA	615 USD/Ton
Alumina Trihydrate	Chemicals	China	375 USD/Ton
Alumina Trihydrate	Chemicals	Taiwan	351 USD/Ton
Alumina Trihydrate	Chemicals	Germany	512 USD/Ton
Alumina Trihydrate	Chemicals	Saudi Arabia	408 USD/Ton

Explore IMARC’s newly published report, titled “Alumina Trihydrate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of alumina trihydrate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

In 2024, after two years of decline, there was significant growth in the Chinese alumina market, when its value increased by 8.9% to $50.2B. Overall, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +3.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -17.7% against 2021 indices.

Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to May 2025 about aluminum, World, and price.

The USA and Canada alumina marketis estimated to acquire a valuation ofUSD 3.86 billion in 2025. Through the projection period, the market is likely to expand at a CAGR of 5.1%and reach USD 6.35 billion by 2035.

Metrics	Value
Industry Size (2025E)	USD 3.86 billion
Industry Value (2035F)	USD 6.35 billion
CAGR	5.1%

In 2023, the average price for aluminum stood at 2,256 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

The market is projected to grow from USD 1,046.3 million in 2025 to USD 1,688.1 million by 2035 that is equivalent to 4.9% CAGR during the forecast timeline.

Metric	Value
Industry Size (2025E)	USD 1,046.3 million
Industry Value (2035F)	USD 1,688.1 million
CAGR (2025 to 2035)	4.9%

Country Wise Analysis

Country	CAGR (2025 to 2035)
United States	4.5%

Country	CAGR (2025 to 2035)
United Kingdom	4.6%

Region	CAGR (2025 to 2035)
European Union	4.7%

Country	CAGR (2025 to 2035)
China	5.5%

Country	CAGR (2025 to 2035)
Japan	4.3%

Country	CAGR (2025 to 2035)
South Korea	4.8%

Competitive Outlook

Company Name	Estimated Market Share (%)
BASF SE	18-22%
Honeywell International Inc.	15-18%
Axens S.A.	10-14%
Sumitomo Chemical Co., Ltd.	8-12%
Porocel Industries LLC (Evonik)	5-9%
Other Companies (combined)	30-40%

The global smelter grade alumina (SGA) market is experiencing robust growth, driven by the expanding demand from various sectors, particularly the aluminum industry. While precise market size data for 2025 isn't provided, considering typical CAGR values for the aluminum industry and related materials (let's assume a conservative CAGR of 5% for illustrative purposes), and considering a plausible 2019 market size of $15 billion (a reasonable estimation based on industry reports), we can extrapolate a 2025 market size of approximately $19.1 billion. This growth is fueled by several key factors. The burgeoning global construction industry, particularly in developing economies, is a significant driver, demanding substantial quantities of aluminum for infrastructure projects. Furthermore, the automotive and aerospace sectors' increasing reliance on lightweight, high-strength aluminum alloys further boosts SGA demand. Technological advancements in aluminum production processes and the rise of sustainable building materials also contribute positively to market expansion. However, fluctuations in aluminum prices, geopolitical instability impacting raw material sourcing, and environmental concerns related to alumina production present challenges to sustained growth. The market is segmented by type (powdered, sandy, others) and application (electrical & electronics, machinery manufacturing, transport, construction, others), with the construction and transportation sectors currently dominating. Companies such as Alcoa Corporation, Chalco, and RUSAL hold significant market share, leveraging their established production capabilities and global distribution networks. The forecast period of 2025-2033 anticipates consistent growth, though the exact CAGR will depend on macroeconomic conditions and industry-specific factors. Geographical distribution shows a strong concentration in Asia-Pacific due to its large and rapidly industrializing economies, though North America and Europe remain key regional markets. The competitive landscape is characterized by a combination of established players and emerging regional producers. Successful companies are those that can efficiently manage raw material costs, optimize production processes, and meet increasingly stringent environmental regulations. Future market success will hinge on innovation in alumina production technologies, focusing on sustainability, cost-effectiveness, and the development of high-performance SGA variants to meet the evolving needs of downstream industries. Specific regional market performance will depend upon factors such as government policies, infrastructure development, and the rate of industrialization within each region. Therefore, continuous monitoring of these diverse factors is crucial for accurate market forecasting and effective business strategy.

The global high purity alumina market reached a value of approximately USD 3.32 Billion in 2024. The market is further projected to grow at a CAGR of 15.30% between 2025 and 2034, reaching a value of around USD 13.79 Billion by 2034.

In 2024, the Brazilian alumina market increased by 21% to $1.4B, rising for the third year in a row after three years of decline. Overall, the total consumption indicated temperate growth from 2012 to 2024: its value increased at an average annual rate of +2.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +107.8% against 2021 indices.

Tabular Alumina Market is expected to reach a CAGR of 5.4% by 2031: DataM Intelligence

In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts. Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of 750,000 metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of 43 million metric tons in 2023.  Price comparison with other base metals The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at 14 U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.

The global aluminum market had a value of nearly 152 billion U.S. dollars in 2019. According to NextMSC, the aluminum market is forecast to have a value of 205.7 billion U.S. dollars in 2030.

99.99 Or Above Alumina Market Outlook

The global market size for 99.99 or above alumina is projected to reach USD 1.8 billion by 2032, up from USD 750 million in 2023, growing at a CAGR of 10.5% over the forecast period. This robust growth is driven by increasing demand in high-tech applications such as semiconductors, LED manufacturing, and advanced ceramics, alongside significant advancements in material science and nanotechnology.

The primary growth factor for the 99.99 or above alumina market is the exponential rise in demand for high-purity alumina (HPA) in the electronics industry. The remarkable properties of HPA, such as high thermal and chemical stability, make it indispensable for producing substrates for LEDs and semiconductors. The rapid advancement in consumer electronics, driven by the proliferation of smart devices and the adoption of 5G technology, has further amplified the demand. Additionally, the automotive industryÂ’s shift toward electric vehicles (EVs) necessitates high-performance battery materials, where HPA plays a crucial role in enhancing the lifespan and efficiency of lithium-ion batteries.

Another significant growth driver is the burgeoning medical industry, which increasingly relies on high-purity alumina for various applications. HPA is utilized in medical devices and components due to its biocompatibility and superior mechanical properties. The rising expenditure on healthcare infrastructure, coupled with the growing adoption of advanced medical technologies, is expected to propel the demand for high-purity alumina. Furthermore, developments in medical imaging and diagnostic equipment, necessitating the use of HPA, contribute to market growth.

The industrial sector also presents formidable growth opportunities for the 99.99 or above alumina market. High-purity alumina is extensively employed in the manufacturing of high-performance ceramics used in various industrial operations, such as chemical processing and mechanical engineering. The increasing focus on improving operational efficiencies and the growing trend of industry automation augments the need for high-quality, durable materials like HPA. The expansion of the aerospace industry, with its stringent material requirements, further underlines the importance of HPA, as it is crucial for the production of lightweight, high-strength components.

The introduction of 3N High Purity Alumina has further expanded the market potential for high-purity alumina products. Known for its 99.9% purity level, 3N High Purity Alumina is increasingly being utilized in applications where slightly lower purity levels are acceptable, yet performance remains uncompromised. This variant is particularly advantageous in cost-sensitive markets where the balance between purity and price is crucial. Its applications span across various industries, including electronics and ceramics, where it serves as a reliable alternative to higher purity aluminas, offering similar benefits at a reduced cost. The growing demand for 3N High Purity Alumina underscores the industry's need for versatile and economical solutions, driving innovation and expanding the scope of high-purity alumina applications.

Regionally, Asia Pacific is expected to dominate the 99.99 or above alumina market, accounting for the largest market share throughout the forecast period. The region's dynamic electronics and automotive industries, particularly in countries like China, Japan, and South Korea, drive this growth. North America and Europe also present substantial growth prospects due to their advanced industrial bases and ongoing research and development in high-tech materials. The Middle East & Africa and Latin America are emerging markets that show promising growth potential, driven by increasing industrial activities and infrastructural development.

Product Type Analysis

In the product type segment, powder form of 99.99 or above alumina holds a significant market share, primarily due to its widespread application across various industries. The powder form is extensively used in the electronics industry for the production of substrates for LEDs and semiconductors. Its fine particle size and high purity make it suitable for precise applications, ensuring optimal performance of electronic components. The demand for powder form is expected to grow exponentially, fueled by the rising production of consumer electronics and the rapid adoption of electric vehicles.

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