Demand For Aluminium Alloys Is Projected To Reach US$ 287 Billion By 2032

The global aluminium alloys market is estimated at US$ 131 Bn in 2022, and is projected to reach US$ 287 Bn by 2032, expanding at a CAGR of 8.1% over the 2022 to 2032 assessment period.

A 10-year forecast for the years 2022 to 2032 is included in a recent Fact.MR study on the market for aluminium alloys. The study examines significant trends that are currently influencing the market’s expansion. The development of aluminium alloys is accompanied by important dynamics that this report explains, including the drivers, restraints, and opportunities for important market participants, key stakeholders, and emerging players.

Download Sample Copy of This Report :-

“Rising Adoption of Electric Vehicle to Boost Aluminium Alloy Demand”

The rising adoption of electric vehicles is expected to boost the demand for aluminium alloys. Aluminium alloys are used in the production of electric vehicle components such as battery cases, frames, and motor housings. The lightweight nature of aluminium alloys makes them ideal for use in electric vehicles, as they reduce the overall weight of the vehicle and improve its fuel efficiency. Additionally, aluminium alloys are corrosionresistant and have excellent electrical conductivity, making them suitable for use in electric vehicles. Furthermore, aluminium alloys are recyclable, which makes them an environmentally friendly option for electric vehicle manufacturers. As a result, the rising adoption of electric vehicles is expected to drive the demand for aluminium alloys in the coming years.

Key Companies

  • Alcoa
  • Aluar
  • Alvance
  • CBA
  • Chalco
  • Hydro
  • Nortan aluminium
  • Press Metal
  • PT Inalum
  • Rheinfelden alloys
  • Rio Tinto

Request For customization :-


    • Aluminium Alloys Market by Type:
      • Heat Treatable Aluminium Alloys
        • 2000 Series
        • 4000 Series
        • 6000 Series
        • 7000 Series
        • 8000 Series
      • Non-Heat Treatable Aluminium Alloys
        • 3000 Series
        • 4000 Series
        • 5000 Series
    • Aluminium Alloys Market by Casting / Operation:
      • Sand Casting Aluminium Alloys
      • Investment Casting Aluminium Alloys
      • Permanent Mold Casting Aluminium Alloys
      • Die Casting Aluminium Alloys
      • Others
    • Aluminium Alloys Market by Application:
      • Aluminium Alloys for Packaging
      • Aluminium Alloys for Automotive
      • Aluminium Alloys for Marine
      • Aluminium Alloys for Consumer Durables
      • Aluminium Alloys for Aerospace
      • Aluminium Alloys for Building & Construction

    • Aluminium Alloys Market by Alloy:
      • Cast Aluminium Alloy
      • Wrought Aluminium Alloys
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • MEA

Get Full Access of This Premium Report :-

Competitive Landscape

Leading competitors in the aluminium alloys market have gained market share by adopting a vertical integration strategy. This vertically integrated company structure has also helped market players lessen their reliance on alumina suppliers.

Furthermore, focusing on key specialty areas like alloy wheels has enhanced players’ revenue generation potential and is expected to be the most profitable segment to invest in.

  • In December 2021, Rusal announced a $12 million investment in the upgrading of its alloy car wheel production in SKAD, Russia. The company intends to broaden its commercial capabilities and target high-growth countries with rising aluminium alloy demand in Germany.
  • In November 2021, BA Brazil stated that it had purchased around 80% of Alux, a secondary alloyed aluminium plant. CBA has invested much in expanding its production capacity and is expected to do so again in the foreseeable future.

Read More Trending Reports of Fact.MR- 


US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail :




Leave a Reply

Your email address will not be published. Required fields are marked *