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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.
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Get the latest insights on price movement and trend analysis of Aluminium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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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.
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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.
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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.
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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.
In 2022, the market of activated alumina was valued at approximately **** billion U.S. dollars worldwide. By the year 2030, the global market value of this chemical is forecast to grow to around **** billion U.S dollars. Meanwhile, in 2022, the market volume of activated alumina stood at some ****** thousand metric tons.
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Predicting the aluminum price forecast is a complex task that requires analyzing several macro and microeconomic indicators. This article explores factors that could impact the aluminum price forecast, including demand-supply dynamics, technological advancements, and political disruptions. Read on for insights into the aluminum market and expert predictions for the coming years.
In 2024, the average price for aluminum stood at 2,419 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.
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Alumina Market size was valued at USD 43.0 billion in 2021 and is poised to grow from USD 48.21 billion in 2023 to USD 71.97 billion by 2030, at a CAGR of 5.89% during the forecast period (2023-2030).
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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% |
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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% |
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Get the latest insights on price movement and trend analysis of Aluminium oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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The Aluminum Oxide Market report segments the industry into Structural Form Type (Nanoparticles, Powder, Pellets, Tablets, Sputtering Targets), Application (Aluminum Smelting, Abrasive, Aluminum Chemicals, Engineered Ceramics, Refractories) and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa). Five years of historical data and five-year forecasts are provided.
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The alumina trihydrate market is expected to grow from USD 6.1 billion in 2025 to USD 12.6 billion by 2035. The market is poised to expand at a robust 7.5% CAGR during the forecast period.
Metric | Value |
---|---|
Market Size (2025E) | USD 6.1 Billion |
Market Size (2035F) | USD 12.6 Billion |
CAGR (2025 to 2035) | 7.5% |
Alumina Trihydrate Market Analyzed by Top Investment Segments
End Use Segment | CAGR (2025 to 2035) |
---|---|
Plastics | 6.2% |
Country Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
USA | 4.3% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 3.9% |
Region | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 4.6% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 4.2% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 4.4% |
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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.
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According to Cognitive Market Research, the global tabular alumina materials market size is USD 34581.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 13832.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 10374.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 7953.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 1729.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 691.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The refractories segment held the highest tabular alumina materials market revenue share in 2024.
Market Dynamics of Tabular alumina materials market
Key Drivers for Tabular Alumina Materials Market
Growing demand for high-performance refractories leads Tabular Alumina materials market to expand
The increasing use of renewable energy and the modernization of insustrial processes are pushing up demand for advanced refractory materials such as tabular alumina, required insulation grade equipment lining products most notably. Owing to its high purity, and thermal stability up to 1900 degrees Celsius, as well as excellent mechanical strength, tabular alumina is widely used in the furnace lining of refractory bricks for reactors and kilns. With these new industries' market orientation evolving towards higher efficiency and environmental compatibility, the tabular alumina market will maintain its growth momentum and grow by leaps and bounds under the driving force of superior refractory solutions.
Growing Emphasis on Sustainable Manufacturing and Environmental Regulations Fuel Adoption of Tabular Alumina Materials
Now with its increased focus on environmental sustainability and strict environmental regulations, industry is increasingly turning to Tabular Alumina as the solution. Tabular alumina is an appealing option for the companies trying to minimize their carbon footprint and comply with laws due to its generally high yield, low environmental impact and property of be recyclable. The long equipment lifecycles that durable Tabular Alumina contributes to also mean that new replacements occur less frequently, generating less waste. As sustainability becomes more and more integrated into business strategy, tabular alumina materials will be in demand to a far greater extent than any other aspect ever seen by the environment-related technology industry.
Restraint Factor for the Tabular alumina materials market
Volatility in Raw Material Prices and Supply Chain Disruptions Pose Challenges to the Tabular Alumina Materials Market
In the tabular alumina industry, prices for raw materials keep varying and supply chains are often disrupted. Fluctuations in the prices of key raw materials like aluminum oxide and specialty chemicals needed to manufacture tabular alumina have a profound impact on production costs, profit margins and even market stability as a whole. If a geophysical or man-made event disrupts transportation systems so that parts of the chain can't get through, it will also lead to delayed supply and delivery for materials. In these situations, both the supply of goods and their delivery can be extended. Private mills and locally owned trading companies will struggle to develop within such an unstable business environment. Whether you are going to run in an environment such as this particular patch depends greatly on risk management accompanied by intelligent procedures fr dealing with shipping and business affairs tabular alumina industry.
Impact of Covid-19 on the Tabular alumina materials market
The COVID-19 pandemic also caused the displaced system to cave in the supply of raw materials, with lockdowns and restrictions disrupting manufacturing and supply chains and reducing production and transport of tabular alumina. Industries like construction, automobile manufacturin...
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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.
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The global alumina sol market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 2.1 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.1% during the forecast period. The growth of the alumina sol market is being driven by its increasing usage in a variety of industrial applications, including catalysts and coatings, due to its superior properties such as thermal stability and mechanical strength. Rising industrialization and technological advancements in emerging economies are significant growth factors supporting this market. Additionally, the demand for lightweight and high-performance materials in automotive and electronics industries further propels market expansion.
One of the key growth factors for the alumina sol market is its application in the automotive industry where there is a growing demand for fuel-efficient vehicles. Automakers are increasingly adopting lightweight materials for vehicle components to enhance fuel efficiency and reduce emissions, boosting the demand for alumina sol. Furthermore, the unique properties of alumina sol, which include excellent heat resistance and hardness, make it a preferred choice for ceramic components in automotive manufacturing. This trend is expected to persist as regulations around emissions and fuel economy become stricter globally, spurring further growth in the market.
Another significant factor driving the alumina sol market is its critical role in the catalysts industry. Alumina sol is widely used as a binder in catalyst formulations, which are essential for various chemical processes including refining and petrochemical applications. The rise in energy demand and chemical processing activities worldwide is leading to an increased requirement for catalysts, thereby driving the demand for alumina sol. Furthermore, the growing focus on sustainable and efficient chemical processes is expected to enhance the importance of high-performance catalysts, indirectly bolstering the alumina sol market.
The coatings industry also contributes significantly to the growth of the alumina sol market. Increasing construction activities and infrastructure development, particularly in emerging economies, are leading to a rise in demand for advanced coatings that provide durability and protection. Alumina sol, with its excellent adhesion and corrosion-resistant properties, is increasingly being used in coatings to enhance their performance. Furthermore, the push for environmentally friendly and energy-efficient buildings is driving the need for high-performance coatings, which is expected to further propel the demand for alumina sol in this segment.
Regionally, Asia Pacific is expected to dominate the alumina sol market throughout the forecast period. The region's growth is primarily attributed to rapid industrialization and urbanization, particularly in countries like China and India. The expanding automotive and electronics industries in these nations are significant contributors to the regional market growth. Moreover, the presence of key manufacturers and the availability of raw materials at competitive prices further enhance the market demand in the Asia Pacific region. North America and Europe also represent significant markets due to technological advancements and the presence of established end-user industries. Nonetheless, the Middle East & Africa and Latin America are anticipated to exhibit moderate growth due to rising infrastructure projects and industrial activities.
The alumina sol market is categorized by product types into colloidal alumina sol and dispersible alumina sol, each offering unique properties and applications that drive their demand in various industries. Colloidal alumina sol is known for its fine particle size and stable properties, making it highly suitable for applications in electronics and optics where precision and clarity are crucial. The demand for colloidal alumina sol is primarily driven by its use in polishing materials for electronic components, where achieving a high degree of smoothness and shine is essential. Additionally, its application in the semiconductor industry for wafer polishing is a significant growth area, with the increasing complexity and miniaturization of electronic devices.
Dispersible alumina sol, on the other hand, finds extensive applications in the manufacturing of advanced ceramics and refractory materials. The key advantage of dispersible alumina sol is its ability to enhance the mechanical properties and thermal stability of ceramic products, which are
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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% |
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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.