Aluminium Rolled Product Market

The Aluminium Rolled Product Market is segmented into 1000 Series, 2000 Series, 3000 Series, 4000 Series, 5000 Series, 6000 Series, 7000 Series, and 8000 Series based on Grade. Among these, the 5000 Series segment held the largest market share in 2023, and it is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for 5000 series aluminium in the automotive industry, where it is used in the production of lightweight and fuel-efficient vehicles.

Additionally, the rising demand for 5000 series aluminium in the construction sector, where it is used in roofing, siding, and window frames, is also contributing to the growth of this segment.The 6000 Series segment is expected to witness significant growth during the forecast period. This growth can be attributed to the increasing demand for 6000 series aluminium in the aerospace industry, where it is used in the production of aircraft components, such as wings and fuselages.

The temper segment of the Aluminium Rolled Product Market is also studied across O, H111, H112, H116, H1112, H1122, and H1162, where the H111 temper acquires the largest market share owing to the high strength and durability. The H111 temper is used in a wide range of applications, such as automotive parts, building and construction, aerospace, and others.

The O temper is the softest and most ductile, and is highly formable, for this reason, it is used in applications where formability is the primary concern, such as packaging and foil applications.The H112 temper is an intermediate temper and offers a balance of strength and formability, and is used in applications, such as transportation, consumer electronics, appliances, and others. The H116 temper is highly strong, and is used in structural applications, such as bridges, aircraft parts, and others.

Surface finish is a key factor that influences the aesthetics and functionality of aluminium rolled products. Different surface finishes are available to meet the specific requirements of various applications. Bright finish aluminium rolled products have a smooth, reflective surface that is often used for decorative purposes. Matte finish aluminium rolled products have a dull, non-reflective surface that is resistant to scratches and fingerprints.

Embossed aluminium rolled products have a raised pattern on the surface that can be used to create a variety of visual effects.The growth of the market is attributed to the increasing demand for aluminium rolled products in various end-use industries, such as automotive, construction, and packaging. The surface finish segment is expected to account for a significant share of the Aluminium Rolled Product Market. The bright finish segment is expected to hold the largest share of the market due to its wide range of applications.

The end-use industry segment plays a crucial role in shaping the dynamics of the Aluminium Rolled Product Market, with each industry presenting distinct requirements and growth opportunities. Automotive: The automotive industry remains a prominent consumer of aluminium rolled products, driven by the need for lightweight and fuel-efficient vehicles. In 2024, the automotive segment accounted for approximately 32% of the Aluminium Rolled Product Market revenue, valued at around USD 46 billion.

Aerospace: The aerospace industry places a high demand on aluminium rolled products due to their exceptional strength-to-weight ratio and durability.The segment is poised for significant growth, with the increasing production of commercial aircraft and the development of next-generation aerospace technologies. Construction: Aluminium rolled products are widely used in the construction sector for various applications, including roofing, siding, and structural components. The growing demand for sustainable and lightweight building materials is expected to drive the growth of this segment in the coming years.

The Aluminium Rolled Product market is segmented based on product type into flat rolled products, extrusions, foils, and tubes. The flat rolled products segment is the largest, accounting for over 60% of the global market. Extrusions are the second largest segment, followed by foils and tubes. Flat rolled products are used in a wide range of applications, including automotive, construction, and packaging. Extrusions are used in applications such as building and construction, transportation, and consumer durables. Foils are used in packaging, electronics, and thermal insulation.Tubes are used in applications such as heat exchangers, condensers, and piping.

The Aluminium Rolled Product Market is expected to grow from USD 143.23 billion in 2023 to USD 198.16 billion by 2032, at a CAGR of 3.67% between 2023 and 2032.