Total aluminum semis demand in North America is forecasted to reach 25 million metric tons by 2050. This means around a 64 percent increase in demand compared to the forecasted semis demand in 2025.

Aluminum rose to 2,598.85 USD/T on June 27, 2025, up 0.25% from the previous day. Over the past month, Aluminum's price has risen 5.19%, and is up 2.95% 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.

The amount of available new aluminum scraps in the North America region is forecasted to increase consistently between 2025 and 2050, and the volume is expected to reach about 2.8 million metric tons in 2050. This represents about a 64 percent increase in aluminum scraps compared to the forecasted amount in 2025.

The Aluminum Alloy Ladder market has witnessed significant growth in recent years, becoming an essential segment in the broader ladder industry. These ladders, known for their lightweight yet sturdy construction, are extensively utilized across various sectors, including construction, maintenance, and home improveme

Domestic aluminum semis production in North America is forecasted to accumulate at 18.2 million metric tons by 2050. This represents around a 64 percent increase in demand compared to the forecasted semis demand in 2025, which is forecasted to reach 11 million metric tons.

The aluminum wire for aerospace market size was valued at USD 6.84 billion in 2024 and is likely to cross USD 11.25 billion by 2037, registering more than 3.9% CAGR during the forecast period i.e., between 2025-2037. North America industry is set to account for largest revenue share of 42% by 2037, as the region is observing a significant rise in investment for industry 4.0 which is further estimated to encourage smart manufacturing of aluminum wire.

According to Novatrends Market Intelligence, the global aluminum extrusion market is valued at USD 83.85 billion in 2024.

Consegic Business Intelligence analyses that Aluminum Die Casting Market size is projected to surpass $ 171.58 Bn by 2032 from a value of $ 82.41 Bn in 2024 and is projected to grow by $ 88.85 Bn in 2025, expected to grow at a CAGR of 9.6% from 2025 to 2032.

The Aluminum Engine Block market is an integral segment within the automotive industry, pivotal for driving performance and efficiency in modern vehicles. Aluminum engine blocks are preferred for their lightweight properties, resistance to corrosion, and excellent thermal conductivity, making them essential for manu

The size of the North America and Asia Pacific Aluminum Forging Market was valued at USD 3.31 USD Billion in 2023 and is projected to reach USD 4.21 USD Billion by 2032, with an expected CAGR of 3.5% during the forecast period. The rising demand for aluminum forgings in key end-use industries such as aerospace, defense, automotive, and construction drives the market's growth. Aluminum's lightweight, high strength-to-weight ratio, and corrosion resistance make it an ideal material for these industries. Additionally, government initiatives aimed at reducing vehicle weight and improving fuel efficiency further contribute to market expansion. The evolving technological landscape introduces innovative forging techniques, such as isothermal forging, which enhance production efficiency and reduce costs. This, coupled with increasing demand for personalized products and custom parts, presents opportunities for market players. Recent developments include: February 2024: Kobe Steel, announced to expand its automotive aluminum panel business in China through a joint venture with China Baowu Steel Group as a shift to electric vehicles drives demand for new cars., February 2024: Alcoa Corporation announced an agreement with Alumina Limited on terms and processes to acquire Alumina Limited. This agreement would further enhance Alcoa’s position as one of the world’s largest alumina producers., July 2022: Bharat Forge announced the acquisition of JS Autocast Foundry India Private Limited, located in Coimbatore, India. JS Autocast provides the essential machined ductile castings for various industries and applications, including automotive, hydraulic, off-highway, and wind., February 2022: Precision Castparts Corp. announced the completion of its acquisition of Noranco Inc., a provider of aluminum forging and machining services. The acquisition is expected to strengthen Precision Castparts' position in the aerospace industry and provide opportunities for growth in other markets., October 2020: ELLWOOD Breaks Ground on New Aluminum Housing Expansion. This expansion will house products coming from the company's new state-of-the-art facility, ELLWOOD Aluminum.. Key drivers for this market are: Expansion of Aerospace and Defense Industry to Drive Market Growth. Potential restraints include: Expansion of Aerospace and Defense Industry to Drive Market Growth. Notable trends are: Expansion of Aerospace and Defense Industry to Drive Market Growth.

According to the forecasts, aluminum embedded goods imports are expected to increase consistently between 2025 and 2050 in the North America region and reach at 8.5 million metric tons in 2050.

The global alumina market was valued at approximately USD 78.52 billion in 2024 and is expected to reach around USD 106.56 billion by 2034.(CAGR) of 3.10%

The Vanadium-aluminium alloy market is experiencing significant momentum, driven by the increasing demand for lightweight materials across various industries, particularly aerospace, automotive, and battery manufacturing. These alloys combine the advantageous properties of vanadium, such as high strength and durabil

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Turkey Aluminum Manufacturing Market Size 2025-2029

The Turkey aluminum manufacturing market size is forecast to increase by USD 3.13 billion at a CAGR of 7.1% between 2024 and 2029.

The Aluminum Manufacturing Market is experiencing significant growth driven by the increasing demand for lightweight vehicles and the growing importance of secondary aluminum. Lightweight vehicles are gaining popularity due to their fuel efficiency and environmental benefits, leading to increased demand for aluminum in the automotive industry. Additionally, secondary aluminum, which is recycled aluminum, is becoming increasingly important due to its sustainability and cost-effectiveness. However, the market is not without challenges. Raw material costs, particularly for bauxite and aluminum oxide, have been rising due to supply chain disruptions and geopolitical tensions. 
These factors can impact the profitability of aluminum manufacturers and may require them to explore alternative sourcing strategies or seek cost savings through operational efficiencies. Companies seeking to capitalize on market opportunities and navigate these challenges effectively should focus on optimizing their supply chains, exploring new markets for secondary aluminum, and investing in research and development to improve production processes and product offerings.

What will be the size of the Turkey Aluminum Manufacturing Market during the forecast period?

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The aluminum manufacturing market encompasses various processes, including smelting, refining, fabrication, recycling, and finishing, to produce aluminum and its alloys. This dynamic industry is driven by innovation and research, leading to advancements in aluminum composites, alloys development, and technology. The market's size is significant, with a global demand that continues to grow due to aluminum's versatility and lightweight properties. Aluminum's wide range of applications, from transportation to construction, packaging, and aerospace, fuels the market's expansion. Sustainability is a key trend, with increasing focus on aluminum's circular economy, carbon footprint reduction, and environmental impact mitigation. The aluminum industry is also characterized by a supply chain, logistics, standardization, safety, and a strong focus on digitalization and automation.
Associations, trade shows, conferences, publications, databases, software, and technology solutions play essential roles in fostering knowledge exchange, collaboration, and market growth. The aluminum market's future direction is shaped by continuous innovation, industry trends, and the evolving needs of various sectors, ensuring its relevance and importance in the global manufacturing landscape.

How is this market segmented?

The market 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.

Product

  Extrusion products
  Rolled products
  Wires
  Others


End-user

  Automotive and transportation
  Building and construction
  Packaging
  Machinery and equipment
  Others


Geography

  Turkey

By Product Insights

The extrusion products segment is estimated to witness significant growth during the forecast period. The aluminum manufacturing market is witnessing substantial growth worldwide, fueled by technological advancements and escalating demand from various sectors, particularly consumer goods. Aluminum alloys, including sheet metal and aluminum foil, are increasingly preferred for their energy efficiency, lightweight properties, corrosion resistance, and high strength. Manufacturers are leveraging innovations such as heat treatment, powder metallurgy, additive manufacturing, and 3D printing to optimize processes and enhance product quality. Digital manufacturing techniques, including process optimization and supply chain management, are also gaining traction to streamline production and improve product design. Material science continues to evolve, with advancements in primary and secondary aluminum production leading to the development of aerospace-grade, automotive-grade, and architectural-grade aluminum.

Surface finishing techniques like powder coating and thermal spraying are used to enhance durability and appearance. Modern manufacturing methods, such as CNC machining, laser cutting, and waterjet cutting, enable manufacturers to produce precise and intricate aluminum components. Quality control measures ensure consistent product quality and customer satisfaction. Both established and emerging players in the aluminum manufacturing industry are investing in research and development to stay competitive and meet the evolving demands of their clients. This continuous innovation is driving the growth of the global aluminum manufacturing market.

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Aluminum semis imports are forecasted to volume at almost three million metric tons by 2050 in the North America region. This represents about a 64 percent increase in imports compared to the forecasted semis imports in 2025.

The Global Aluminum Silicon Carbide (AlSiC) Market Size Was Worth USD 302.43 Million in 2024 and Is Expected To Reach USD 1,362.03 Million by 2034, CAGR of 16.24%.

The forecasts indicate that aluminum embedded goods exports are expected to continue growing between 2025 and 2050 in the North America region, reaching almost three million metric tons by the year 2050. This means about a 64 percent increase compared to 2025's forecasted export volume.

Aluminum semis exports in the North America region are forecasted to increase gradually by 2050, and the export volume is expected to reach almost 1.74 million metric tons by 2050. This represents about a 65 percent incline in exports compared to the forecasted semis exports in 2025.

The secondary aluminum alloy market size was valued at USD 95.71 billion in 2024 and is likely to cross USD 187.29 billion by 2037, registering more than 5.3% CAGR during the forecast period i.e., between 2025-2037. Asia Pacific industry is predicted to hold largest revenue share of 65% by 2037, impelled by rising focus on sustainable and eco-friendly practices.

Global Li-ion Battery Recycling Market size was $3.12 billion in 2024 and is grow to $8.24 billion by 2034, a CAGR of 10.20% between 2025 and 2034.