North America Aluminum Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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North America Aluminum Market By Product (Flat Rolled, Pigment & Powder, Forgings, Extrusions, Castings, Rod & Bar and Others), Type (Secondary/Recycled Aluminum and Primary Aluminum), Application (Building & Construction, Consumer Goods, Electrical, Foil & Packaging, Hardware & Accessories, Machinery & Equipment, Solar Industry, Transportation, Utensils and Others) and Geography

 

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Report

Description

North America Aluminum Market size was valued at USD x billion in 2021 and is expected to reach USD x billion by 2028, at a CAGR of x% during the forecast period 2022 to 2028. Some of the key factors responsible for the market growth include rise in North America economic growth rate, continuous advancements in transport industry, ongoing R&D activities to develop innovative and growing automobile industry. Moreover, an increase in net aluminum pounds per vehicle is one of the major trends being witnessed in this market. The easy accessibility of numerous alternatives for aluminum is one major challenge challenging the North America market. Some of the few materials that can substitute aluminum in the packaging industry are plastic, glass and paper. These substitutes are extensively used in the transportation, construction, packaging and electrical and electronic industries among others. Hence, presence of substitutes may pose a threat to the market growth. The report studies North America market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, North America aluminum market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America  market to better equip clients with possible investment opportunities across the countries (countries Investment Hot-Spots) and market unmet needs (Product Opportunities).

North America Aluminum Market

MARKET SUMMARY
-
x%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%

North America Aluminum Market

  • North America Aluminum market report gives comprehensive outlook on aluminum across the region with special emphasis on key countries such as U.S and Canada.
  • The report on North America aluminum market gives historical, current, and future market sizes (US$ Mn) on the basis of product, type, application and countries.
  • Key stakeholders of the North America  market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in North America aluminum products.
Key Players
  • Alcoa Corporation
  • Aluminum Bahrain
  • Aluminum Corporation of China
  • BHP Billiton Aluminum Australia Pty Ltd.
  • Century Aluminum Company
North America Aluminum Market

DRIVERS AND RESTRAINTS

The booming construction sector in countries will positively impact the market. Aluminum is engaged in the construction industry owing to its performance properties such as high reflectivity, design, high strength-to-weight ratio, durability, flexibility, and low maintenance. They are generally used in structural components of a building during its construction. In the development of infrastructure such as flyovers and bridges besides commercial and residential buildings aluminum alloys are used due to their properties such as lightness of weight and high corrosion resistance.


North America Aluminum Market

U.S accounted for larger revenue share in North America aluminum market with considerable CAGR which can be attributed to existence of recognized end-use industries such as building & construction and transportation. Likewise, the U.S. is likely to continue its dominance during the estimated period due to growth in investment by key players in the aluminum production expansion to provide to the rise in demand.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • North America aluminum market expanding at significant CAGR over 2022 to 2028 owing to growing automobile industry.
  • Based on application, foil & packaging segment accounted for larger market revenue share in 2022 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in North America Aluminum market

Key

Features of the Report

North America Aluminum Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. North America Aluminum Market Introduction

2.1. North America Aluminum Market – Taxonomy

2.2. North America Aluminum Market –Definitions

2.2.1. Product

2.2.2. Type

2.2.3. Application

  1. North America Aluminum Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. North America Aluminum Market Dynamic Factors – Impact Analysis

3.6. North America Aluminum Market – Competition Landscape

  1. North America Aluminum Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. North America Aluminum Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1. Flat Rolled

5.1.1. Building Sheet

5.1.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.1.3. Market Opportunity Analysis

5.1.2. Can Body Stock

5.1.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.2.3. Market Opportunity Analysis

5.1.3. Common Alloy

5.1.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3.3. Market Opportunity Analysis

5.1.4. Foil Stock

5.1.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.4.3. Market Opportunity Analysis

5.1.5. Lithosheet

5.1.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.5.3. Market Opportunity Analysis

5.1.6. Others

5.1.6.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.1.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.6.3. Market Opportunity Analysis

5.2. Pigment & Powder

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Forgings

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Extrusions

5.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Castings

5.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

5.6. Rod & Bar

5.6.1. Wires & Cables

5.6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.1.3. Market Opportunity Analysis

5.6.2. Aluminum Conductors

5.6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.2.3. Market Opportunity Analysis

5.6.3. Others

5.6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.3.3. Market Opportunity Analysis

5.7. Others

5.7.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.7.3. Market Opportunity Analysis

  1. North America Aluminum Market Forecast, By Type, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Secondary/Recycled Aluminum

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Primary Aluminum

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

  1. North America Aluminum Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025

7.1. Building & Construction

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Consumer Goods

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Electrical

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Foil & Packaging

7.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Hardware & Accessories

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Machinery & Equipment

7.6.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.6.3. Market Opportunity Analysis

7.7. Solar Industry

7.7.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.7.3. Market Opportunity Analysis

7.8. Transportation

7.8.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.8.3. Market Opportunity Analysis

7.9. Utensils

7.9.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.9.3. Market Opportunity Analysis

7.10. Others

7.10.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

7.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.10.3. Market Opportunity Analysis

  1. North America Aluminum Market Forecast, By Country, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.1. U.S

8.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Canada

8.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. North America Aluminum Market – Opportunity Analysis Index, By Product  Type, Type, Application and Country, 2019 – 2025

  1. S Aluminum Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

9.1. Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1.   Flat Rolled

9.1.1.1. Building Sheet

9.1.1.2. Can Body Stock

9.1.1.3. Common Alloy

9.1.1.4. Foil Stock

9.1.1.5. Lithosheet

9.1.1.6. Others

9.1.2. Pigment & Powder

9.1.3. Forgings

9.1.4. Extrusions

9.1.5. Castings

9.1.6. Rod & Bar

9.1.6.1. Wires & Cables

9.1.6.2. Aluminum Conductors

9.1.6.3. Others

9.1.7. Others

9.2. Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Secondary/Recycled Aluminum

9.2.2. Primary Aluminum

9.3. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.3.1. Building & Construction

9.3.2. Consumer Goods

9.3.3. Electrical

9.3.4. Foil & Packaging

9.3.5. Hardware & Accessories

9.3.6. Machinery & Equipment

9.3.7. Solar Industry

9.3.8. Transportation

9.3.9. Utensils

9.3.10. Others

9.4. U.S Aluminum Market – Opportunity Analysis Index, By Product  Type, Type, Application and Country, 2019 – 2025

9.5. U.S Aluminum Market Dynamics – Trends

  1. Canada Aluminum Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)

10.1. Product Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1.             Flat Rolled

10.1.1.1. Building Sheet

10.1.1.2. Can Body Stock

10.1.1.3. Common Alloy

10.1.1.4. Foil Stock

10.1.1.5. Lithosheet

10.1.1.6. Others

10.1.2. Pigment & Powder

10.1.3. Forgings

10.1.4. Extrusions

10.1.5. Castings

10.1.6. Rod & Bar

10.1.6.1. Wires & Cables

10.1.6.2. Aluminum Conductors

10.1.6.3. Others

10.1.7. Others

10.2. Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Secondary/Recycled Aluminum

10.2.2. Primary Aluminum

10.3. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Building & Construction

10.3.2. Consumer Goods

10.3.3. Electrical

10.3.4. Foil & Packaging

10.3.5. Hardware & Accessories

10.3.6. Machinery & Equipment

10.3.7. Solar Industry

10.3.8. Transportation

10.3.9. Utensils

10.3.10. Others

10.4. Canada Aluminum Market – Opportunity Analysis Index, By Product  Type, Type, Application and Country, 2019 – 2025

10.5. Canada Aluminum Market Dynamics – Trends

  1. Competition Landscape

11.1. Strategic Dashboard of Top Market Players

11.2. Company Profiles (Introduction, Financial Analysis, Material  Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

11.2.1. Alcoa Corporation (U.S.)

11.2.2. Aluminum Bahrain (Bahrain)

11.2.3. Aluminum Corporation of China (China)

11.2.4. BHP Billiton Aluminum Australia Pty Ltd. (Australia)

11.2.5. Century Aluminum Company (U.S.)

11.2.6. China Hongqiao Group (China)

11.2.7. Emirates North America Aluminum PJSC (UAE)

11.2.8. Hindalco Industries Limited (India)

11.2.9. Norsk Hydro ASA (Norway)

11.2.10. Rio Tinto Alcan Inc. (Canada)

11.2.11. Rio Tinto Australia (Australia)

11.2.12. RUSAL (Russia)

11.2.13. Vedanta Ltd. (India)

  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Alcoa Corporation (U.S.)
  • Aluminum Bahrain (Bahrain)
  • Aluminum Corporation of China (China)
  • BHP Billiton Aluminum Australia Pty Ltd. (Australia)
  • Century Aluminum Company (U.S.)
  • China Hongqiao Group (China)
  • Emirates North America Aluminum PJSC (UAE)
  • Hindalco Industries Limited (India)
  • Norsk Hydro ASA (Norway)
  • Rio Tinto Alcan Inc. (Canada)
  • Rio Tinto Australia (Australia)
  • RUSAL (Russia)
  • Vedanta Ltd. (India)

Description

North America Aluminum Market size was valued at USD x billion in 2021 and is expected to reach USD x billion by 2028, at a CAGR of x% during the forecast period 2022 to 2028. Some of the key factors responsible for the market growth include rise in North America economic growth rate, continuous advancements in transport industry, ongoing R&D activities to develop innovative and growing automobile industry. Moreover, an increase in net aluminum pounds per vehicle is one of the major trends being witnessed in this market. The easy accessibility of numerous alternatives for aluminum is one major challenge challenging the North America market. Some of the few materials that can substitute aluminum in the packaging industry are plastic, glass and paper. These substitutes are extensively used in the transportation, construction, packaging and electrical and electronic industries among others. Hence, presence of substitutes may pose a threat to the market growth. The report studies North America market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, North America aluminum market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America  market to better equip clients with possible investment opportunities across the countries (countries Investment Hot-Spots) and market unmet needs (Product Opportunities).

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