Aluminum fell to 2,649.55 USD/T on July 23, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has risen 2.86%, and is up 15.17% 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 July of 2025.

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.

Aluminum is a widely used metal in various industries, and its price outlook is influenced by factors such as supply and demand dynamics, currency fluctuations, production costs, and government policies. This article provides an analysis of these factors and discusses the short-term and long-term outlook for aluminum prices.

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).

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%

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.

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).

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.

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.

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.

The aluminium price outlook is currently bullish due to increased demand, supply constraints, improving macroeconomic conditions, and industry trends towards sustainability. However, commodity prices are subject to volatility and can be affected by unforeseen events.

The global activated alumina market was valued at USD 1237.23 Million in 2024. The industry is expected to grow at a CAGR of 6.00% during the forecast period of 2025-2034. Activated alumina is an excellent adsorbing material in drinking and industrial effluents treatments for removing contaminates such as fluoride, arsenic, and heavy metals. Increasing water scarcity and pollution concerns have led to the government's and industry's investment in advanced filtration technologies and hence boosted the market demand of activated alumina for municipal and industrial water treatment applications across the globe. In turn, all these factors have resulted in the market attaining a valuation of USD 2215.69 Million by 2034.

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).

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

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.

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%

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.

The alumina market is anticipated to expand at a CAGR of more than 5.00% during the forecast period of 2025-2033, reaching a market size of over USD XX million by 2033. The growth of the alumina market is primarily driven by its increasing demand in the aluminum production industry. As alumina (aluminum oxide) serves as the key raw material in the production of aluminum, its market is directly linked to the rising use of aluminum across various sectors, such as construction, automotive, packaging, and aerospace. Aluminum's lightweight, corrosion resistance, and recyclability make it an indispensable material for manufacturing lightweight vehicles, energy-efficient buildings, and eco-friendly packaging, driving the alumina market forward. Additionally, the expansion of industrialization and urbanization in emerging economies like China and India has increased infrastructure development and manufacturing activities, further fueling demand. Alumina's applications extend beyond aluminum production to sectors like refractories, ceramics, and electronics, where its thermal resistance, hardness, and electrical insulation properties are highly valued. These diverse applications contribute to the sustained growth of the market. The recycling of aluminum is a growing trend, as it requires significantly less energy than primary aluminum production, reducing the environmental impact. This has led to increased demand for alumina to support recycled aluminum production processes. Government policies promoting green technologies and the use of lightweight materials in renewable energy systems, such as solar panels and wind turbines, also bolster the alumina market. Moreover, advancements in extraction techniques and technological innovations in refining bauxite to alumina are improving production efficiency and lowering costs, making alumina more accessible across industries.the growing adoption of high-purity alumina (HPA). HPA, known for its exceptional chemical stability and purity, is gaining traction in the electronics industry for applications such as LED lighting, lithium-ion battery separators, and semiconductor components. Recent developments include: February 2023: Evonik announced the investment in the expansion of its fumed aluminum oxide production plant in Yokkaichi, Japan. The facility will be the company's first alumina plant in Asia. It will focus on making solutions for lithium-ion battery technology, which is used in electric car batteries.The plant is expected to be operational by 2025., October 2022: Axens signed an Asset Sale Agreement (ASA) with Canada-based Rio Tinto Alcan regarding the sale by Rio Tinto Alcan of its activated alumina business in Brockville, Ontario, Canada. The business will bring growth potential for new markets globally.. Key drivers for this market are: Increasing Concerns Related to Water Pollution by Fluorine, Gaining Significance in Pharmaceutical Industry. Potential restraints include: Presence of Substitutes. Notable trends are: Increased Demand from Oil and Gas Industry.

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.

Colloidal Alumina Market Outlook

The global colloidal alumina market size was valued at approximately $1.2 billion in 2023 and is projected to reach around $2.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1%. This growth is driven by an increasing demand for high-performance materials across various industries, including automotive, electronics, and pharmaceuticals, among others. Colloidal alumina, known for its excellent thermal stability and high surface area, finds extensive applications in catalysis, refractories, and coatings, contributing significantly to its market expansion.

One of the primary growth factors for the colloidal alumina market is its rising adoption in the automotive industry. The material is extensively used in the manufacturing of catalytic converters, which help in reducing vehicle emissions. With stringent emission regulations being enforced globally, the demand for high-efficiency catalytic converters is expected to surge, thereby boosting the demand for colloidal alumina. Additionally, the increasing production of electric vehicles, which also utilize advanced materials for battery components and other critical parts, further propels market growth.

The electronics industry is another significant growth driver for the colloidal alumina market. The material’s exceptional properties, such as high dielectric strength and thermal conductivity, make it indispensable in the production of electronic components, including semiconductors, capacitors, and printed circuit boards (PCBs). As the demand for miniaturized and high-performance electronic devices continues to rise, the need for colloidal alumina is expected to increase, supporting market expansion over the forecast period. Furthermore, advancements in nanotechnology and the development of new electronic materials are likely to create new opportunities for colloidal alumina applications.

In the pharmaceutical sector, colloidal alumina plays a crucial role in drug delivery systems and medical coatings. Its biocompatibility and ability to form stable suspensions make it ideal for use in various pharmaceutical formulations. The growing focus on personalized medicine and the increasing application of nanomaterials in drug delivery are expected to drive the demand for colloidal alumina. Additionally, rising healthcare expenditures and ongoing research and development activities aimed at improving drug efficacy and patient outcomes further contribute to market growth.

Regionally, the Asia Pacific region is expected to witness the highest growth in the colloidal alumina market, driven by rapid industrialization and urbanization in emerging economies such as China and India. The region’s expanding automotive and electronics industries, coupled with increasing investments in infrastructure development, are likely to fuel the demand for colloidal alumina. Moreover, favorable government policies and initiatives aimed at promoting industrial growth and technological advancements are expected to support market expansion. North America and Europe are also significant markets for colloidal alumina, owing to the presence of established automotive and electronics industries and increasing focus on sustainable development.

Product Type Analysis

The colloidal alumina market can be segmented by product type into high purity and ultra-high purity products. High purity colloidal alumina is widely utilized due to its cost-effectiveness and sufficient performance characteristics for a variety of applications. It is prominently used in the production of refractories, coatings, and ceramics, where its properties meet the required industrial standards. The demand for high purity colloidal alumina is expected to remain strong, driven by its extensive use in large-scale industrial applications and its availability at competitive prices.

Ultra-high purity colloidal alumina, on the other hand, caters to niche and high-end applications where superior material properties are essential. This segment is experiencing growing demand in the electronics and pharmaceuticals industries. In electronics, ultra-high purity colloidal alumina is used in the manufacturing of advanced semiconductors and other critical components that require exceptional purity to ensure performance and reliability. In the pharmaceutical industry, it is employed in drug formulations and medical coatings that demand the highest levels of purity for safety and efficacy. The growing emphasis on high-performance materials in these sectors is expected to drive the growth of the ultra-high purity segment.

<