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How big is the aluminum market in 2024?

Worldwide, the market for Aluminum is forecast to register a CAGR of 5.9% between 2024 and 2030 in reaching a projected US$267.7 billion by 2030 from an estimated US$189.3 billion in 2024.

Which region has the fastest growing aluminum market?

Aluminum Regional Market Analysis Asia-Pacific forms the largest, as well as the fastest growing, global market for Aluminum. The extensive use of this metal in the region's construction sector as a consequence of rapid urbanization and infrastructural development has been propelling its competitive growth.

Why did aluminum exports surge 37% in November?

Exports of unwrought aluminum and products surged 37% to 668,940 tons in November. That volume has only been surpassed once before, in May 2022, when the global aluminum market faced deep disruption in the aftermath of Russia’s invasion of Ukraine.

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