The Global Aluminum Alloy Market was valued at USD 126.5 billion in 2021 to USD 170.5 billion in 2030, growing at a CAGR of 5.1% during the forecast period (2022 to 2030).

The rapidly growing automobile and aerospace industries will impact the aluminum alloy market. The growing construction sector, industrial expansion, rapidly developing land and air transportation, and high tensile strength and durability and lightweight compared to steel features are predicted to boost the market growth.

Major market player included in this report are:
Rio Tinto
UACJ Corporation
Alcoa Corporation
ERAMET
RUSAL
Aluminium Bahrain (Alba)
Norsk Hydro ASA
Dubai Aluminium Company Ltd.
Kobe Steel Ltd.
Constellium
Kaiser Aluminum
Aleris International Inc.
Magna International Inc.
IBC Advanced Alloys Corp

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Wrought Alloys
Cast Alloys
Others
By Application
Construction
Aerospace and Defense
Machinery
Marine
Packaging
Transportation
Electrical
Others
By Strength
High Strength
Ultra-High Strength


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Aluminum Alloy Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors