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    US Aluminum Market

    ID: MRFR/CnM/15011-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    U.S. Aluminum Market Research Report: By Type (Primary, Secondary), By Product Type (Flat Rolled, Castings, Extrusions, Rod Bar, Forgings, Others) and By Application (Building Construction, Automotive Transportation, Foil Packaging, Power, Machinery Equipment Industrial), Consumer Goods, Others) - Forecast to 2035

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    US Aluminum Market Research Report - Forecast 2035 Infographic
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    Table of Contents

    US Aluminum Market Summary

    The United States aluminum market is projected to grow from 27.1 USD billion in 2024 to 47.2 USD billion by 2035.

    Key Market Trends & Highlights

    US Aluminum Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 5.2 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 47.2 USD billion, indicating robust growth.
    • In 2024, the market is valued at 27.1 USD billion, reflecting a strong foundation for future expansion.
    • Growing adoption of lightweight materials due to increasing demand for fuel-efficient vehicles is a major market driver.

    Market Size & Forecast

    2024 Market Size 27.1 (USD Billion)
    2035 Market Size 47.2 (USD Billion)
    CAGR (2025-2035) 5.2%

    Major Players

    Southern Aluminum Finishing, Century Aluminum, Alcoa, Aleris, Kaiser Aluminum, Constellium, United States Steel, Constellation Brands, Rio Tinto Alcan, Arconic, Novelis

    US Aluminum Market Trends

    In the US Aluminum Market, there is a notable trend towards sustainability and increased recycling efforts. With growing environmental awareness, companies are focusing on using recycled aluminum in production processes, as it significantly reduces energy consumption and carbon emissions. The US government has been encouraging such initiatives, aligning with its broader climate goals and policies, further driving the demand for green aluminum products.

    US Aluminum Market Drivers

    Market Segment Insights

    Aluminum Market Type Insights

    The US Aluminum Market has been significantly influenced by its Type segmentation, which primarily consists of Primary and Secondary aluminum. The Primary aluminum segment, derived directly from bauxite ore, plays a crucial role in providing high-quality aluminum products that are essential across various industries, including automotive, aerospace, and construction.

    This segment benefits from advancements in production technology and energy efficiency, driving its growth and ensuring that the US can maintain a competitive edge in aluminum production.On the other hand, the Secondary aluminum segment, which involves recycling and remelting scrap aluminum, has gained traction due to the increasing emphasis on sustainability and circular economy practices. This segment allows manufacturers to capitalize on cost savings and reduce environmental impact while meeting the rising demand for aluminum. Both segments are witnessing a trend toward innovation with a strong focus on developing lighter, stronger aluminum alloys to cater to evolving market needs.

    The US Aluminum Market is supported by robust government policies promoting the use of recycled materials, which in turn enhances the growth prospects of the Secondary segment.As consumer awareness around sustainability continues to rise, the Secondary aluminum market is expected to witness significant expansion in line with the country's environmental goals. Overall, the dynamic interplay between these two segments not only shapes the US Aluminum Market landscape but also positions the industry to respond effectively to market challenges and opportunities, as both the Primary and Secondary segments cater to the increasing demand for aluminum in various applications.

    Additionally, with the projected growth in the automotive sector, driven by trends such as electric vehicles, the importance of aluminum as a lightweight material only strengthens its relevance in the US market.Factors such as increased infrastructure development bolstered by government initiatives further underscore the critical nature of both Primary and Secondary aluminum in meeting demand across various sectors. As a result, the outlook for the US Aluminum Market remains optimistic, with both segments demonstrating considerable potential for sustainable growth and development.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Aluminum Market Product Type Insights

    The Product Type segment of the US Aluminum Market showcases a diverse range of applications that contribute significantly to the overall industry. The demand for Flat Rolled products is driven by both the construction and automotive sectors, given their versatility and lightweight properties, which enhance fuel efficiency in vehicles. Similarly, Castings play a crucial role, particularly in manufacturing components for the aerospace industry, where precision and strength are paramount.

    Extrusions are increasingly favored for their adaptability in various designs, thus appealing to industries like construction for window frames and railings.Rod bar products are essential for electrical applications, underlining their importance in the electrical and electronics sectors. Forgings are known for their strength and are often used in high-stress applications such as in industries like aerospace and automotive. Other products in this segment cater to niche applications, highlighting the market's breadth. Overall, the segmentation within the US Aluminum Market reflects a robust landscape driven by technological advancements, sustainability trends, and evolving consumer demands.

    The growth of these segments indicates a promising future for the aluminum industry, supported by continuous innovation and market adaptation.

    Aluminum Market Application Insights

    The Application segment of the US Aluminum Market showcases a diverse range of sectors, each contributing significantly to the overall industry dynamics. Building Construction remains a key driver, as aluminum's lightweight and corrosion-resistant properties make it an ideal choice for modern structures, aligning with sustainability initiatives prevalent in the US.

    The Automotive Transportation sector is also notable for its increasing adoption of aluminum due to its efficiency benefits and potential to reduce vehicle weight, which greatly enhances fuel efficiency and lowers emissions.Foil Packaging applications continue to gain traction given the material's recyclability and ability to retain product freshness, meeting the growing consumer demand for sustainable packaging solutions. The Power sector leverages aluminum's excellent conductivity, making it crucial for electrical applications. Meanwhile, the Machinery Equipment Industrial sector benefits from aluminum's durability and strength, enabling the production of reliable machinery.

    Consumer Goods represent another vital area where aluminum is valued for its versatility and aesthetic appeal across various products.Overall, this diverse Application segmentation is propelled by innovation, regulatory support, and a shift towards sustainable practices in the US aluminum market landscape.

    Get more detailed insights about US Aluminum Market Research Report - Forecast 2035

    Regional Insights

    Key Players and Competitive Insights

    The competitive insights of the US Aluminum Market reveal a dynamic landscape characterized by innovation, sustainability, and global competition. The market is marked by several key players who continuously adapt to shifting demand patterns, fluctuating prices of raw materials, and evolving regulatory frameworks. A strong emphasis on lightweight structural materials and energy efficiency has driven many companies to explore advanced manufacturing techniques, sustainable practices, and strategic partnerships.

    Companies are leveraging technology to improve production processes, enhance product quality, and reduce environmental impact, which plays a critical role in maintaining competitive advantage in a market that is sensitive to economic conditions, imports, and domestic policy shifts.Southern Aluminum Finishing stands out in the US Aluminum Market due to its comprehensive range of services and expertise in aluminum finishing work. With a robust presence in the southern region of the United States, the company focuses on meeting diverse customer needs through high-quality anodizing and plating services on aluminum products.

    The strengths of Southern Aluminum Finishing lie in its commitment to quality control, reliable delivery systems, and strong customer relationships, which have been established over years of experience in the industry. The firm has positioned itself effectively among local competitors by catering to a variety of sectors, including architectural, industrial, and commercial applications. Their extensive experience and reputation for excellence contribute significantly to their competitive edge within the market.Century Aluminum operates as a key player in the US Aluminum Market, primarily recognized for its production of high-quality primary aluminum products for various industrial applications.

    The company boasts a significant market presence through its strategically located manufacturing facilities that facilitate efficient output and distribution. Century Aluminum's strengths include its focus on sustainable practices, which align with the increasing demand for environmentally responsible manufacturing solutions. The company offers a range of products, including aluminum ingots, billets, and value-added products tailored to meet specific customer requirements. In terms of growth strategy, Century Aluminum has pursued various mergers and acquisitions to expand its capacity and enter new markets, which enhances its competitive positioning.

    The company's commitment to leveraging technological advancements in production while maintaining stringent quality standards has solidified its status as a leader in the US aluminum sector.

    Key Companies in the US Aluminum Market market include

    Industry Developments

    Recent developments in the US aluminum market have showcased significant movements and trends among key players. In September 2023, Century Aluminum announced plans to increase production capacity at its Hawesville facility in Kentucky, aiming to meet rising demand in the automotive sector. Around the same time, Alcoa reported an uptick in revenue following a surge in aluminum prices, driven by strong demand from the infrastructure and construction sectors. In October 2023, Aleris became a notable player in the aluminum recycling space after finalizing its acquisition of a recycling facility, enhancing its sustainability initiatives.

    In terms of market valuation, Kaiser Aluminum's recent expansions have led to an increased stock price, reflecting investor confidence in its strategic growth efforts. Furthermore, in early 2023, Constellium strengthened its position by securing new contracts worth millions for aluminum sheet products aimed at the aerospace market. The favorable economic environment and infrastructure budget allocations from the U.S. government continue to positively influence the aluminum sector. The overall climate in the US aluminum market remains robust, with firms like Southern Aluminum Finishing and Novelis leveraging technological advancements to improve production efficiency.

    Market Segmentation

    Aluminum Market Type Outlook

    • Primary
    • Secondary

    Aluminum Market Application Outlook

    • Building Construction
    • Automotive Transportation
    • Foil Packaging
    • Power
    • Machinery Equipment Industrial)
    • Consumer Goods
    • Others

    Aluminum Market Product Type Outlook

    • Flat Rolled
    • Castings
    • Extrusions
    • Rod bar
    • Forgings
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 25.72 (USD Billion)
    Market Size 2024 27.05 (USD Billion)
    Market Size 2035 47.25 (USD Billion)
    Compound Annual Growth Rate (CAGR) 5.2% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Southern Aluminum Finishing, Century Aluminum, Alcoa, Aleris, Kaiser Aluminum, Constellium, United States Steel, Constellation Brands, Rio Tinto Alcan, Arconic, Novelis
    Segments Covered Type, Product Type, Application
    Key Market Opportunities Increased electric vehicle production, Sustainable packaging demand growth, Infrastructure renewal projects funding, Lightweight materials for aerospace, Recycling technology advancements
    Key Market Dynamics rising construction demand, increasing automotive applications, environmental regulations impact, fluctuating raw material prices, trade policies, and tariffs
    Countries Covered US

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What is the expected market size of the US Aluminum Market in 2024?

    The US Aluminum Market is expected to be valued at 27.05 billion USD in 2024.

    What is the projected market value of the US Aluminum Market by 2035?

    By 2035, the overall market value for the US Aluminum Market is projected to reach 47.25 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Aluminum Market from 2025 to 2035?

    The expected CAGR for the US Aluminum Market from 2025 to 2035 is 5.2%.

    Which type of aluminum segment is projected to dominate the market by 2035?

    The Primary aluminum segment is projected to dominate the market with a value of 28.5 billion USD by 2035.

    What will be the market value of the Secondary aluminum segment in 2024?

    The Secondary aluminum segment is expected to be valued at 10.55 billion USD in 2024.

    Who are the key players in the US Aluminum Market?

    Major players in the US Aluminum Market include Southern Aluminum Finishing, Century Aluminum, Alcoa, and Aleris.

    What impact does the current global scenario have on the US Aluminum Market?

    The current global scenario may affect supply chains and pricing dynamics within the US Aluminum Market.

    What are some emerging trends in the US Aluminum Market?

    Emerging trends include increased recycling efforts and advancements in aluminum technology to enhance applications.

    What is the market value of the Primary aluminum segment in 2024?

    The Primary aluminum segment is expected to be valued at 16.5 billion USD in 2024.

    What are the growth drivers for the US Aluminum Market?

    Growth drivers for the US Aluminum Market include rising demand from construction and automotive industries.

    What is the projected market size of the US Aluminum Market in 2024?

    The US Aluminum Market is projected to be valued at 28.1 billion USD in 2024.

    What is the expected market size of the US Aluminum Market by 2035?

    By 2035, the US Aluminum Market is expected to reach a valuation of 50.2 billion USD.

    What is the compound annual growth rate (CAGR) for the US Aluminum Market from 2025 to 2035?

    The US Aluminum Market is anticipated to grow at a CAGR of 5.417% from 2025 to 2035.

    What are the values of primary and secondary aluminum segments in 2024?

    In 2024, the primary aluminum segment is valued at 17.1 billion USD, while the secondary aluminum segment is valued at 11.0 billion USD.

    What market size is expected for the primary aluminum segment by 2035?

    The primary aluminum segment is projected to be valued at 30.5 billion USD by 2035.

    What is the forecasted market size for the secondary aluminum segment in 2035?

    The secondary aluminum segment is expected to reach a value of 19.7 billion USD by 2035.

    Who are the major players dominating the US Aluminum Market?

    Key players in the US Aluminum Market include Aleris, Rio Tinto, Novelis, Alcoa, and Rusal among others.

    What applications drive growth in the US Aluminum Market?

    The US Aluminum Market is primarily driven by applications in transportation, construction, and packaging.

    Are there any emerging trends affecting the US Aluminum Market?

    Emerging trends in the US Aluminum Market include increased recycling efforts and demand for lightweight materials.

    What impact does the current global scenario have on the US Aluminum Market?

    Current global factors, including trade policies and resource availability, significantly impact the growth and stability of the US Aluminum Market.

    1. EXECUTIVE SUMMARY
    2. Market Overview
      1. Key Findings
      2. Market Segmentation
    3. Competitive Landscape
      1. Challenges and Opportunities
      2. Future Outlook
    4. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
        3. Limitations
    5. RESEARCH METHODOLOGY
      1. Overview
    6. Data Mining
      1. Secondary Research
      2. Primary Research
    7. Primary Interviews and Information Gathering Process
      1. Breakdown of Primary
    8. Respondents
      1. Forecasting Model
      2. Market Size Estimation
    9. Bottom-Up Approach
      1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    10. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    11. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter's Five Forces
    12. Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining Power
    13. of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    14. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    15. Threat Analysis
    16. U.S. ALUMINUM MARKET, BY TYPE (USD BILLION)
      1. Primary
      2. Secondary
    17. U.S. ALUMINUM MARKET, BY PRODUCT
    18. TYPE (USD BILLION)
      1. Flat Rolled
      2. Castings
      3. Extrusions
      4. Rod bar
      5. Forgings
      6. Others
    19. U.S. ALUMINUM
    20. MARKET, BY APPLICATION (USD BILLION)
      1. Building Construction
    21. Automotive Transportation
      1. Foil Packaging
      2. Power
    22. Machinery Equipment Industrial)
      1. Consumer Goods
      2. Others
    23. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive
    24. Analysis
      1. Market share Analysis
      2. Major Growth Strategy in the
    25. Aluminum Market
      1. Competitive Benchmarking
      2. Leading Players in
    26. Terms of Number of Developments in the Aluminum Market
      1. Key developments
    27. and growth strategies
      1. New Product Launch/Service Deployment
    28. Merger Acquisitions
      1. Joint Ventures
      2. Major Players Financial
    29. Matrix
      1. Sales and Operating Income
        1. Major Players RD Expenditure.
    30. COMPANY PROFILES
      1. Southern Aluminum Finishing
    31. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Century Aluminum
        1. Financial Overview
        2. Products Offered
        3. Key
    32. Developments
      1. SWOT Analysis
        1. Key Strategies
    33. Alcoa
      1. Financial Overview
        1. Products Offered
    34. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    35. Aleris
      1. Financial Overview
        1. Products Offered
    36. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    37. Kaiser Aluminum
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Constellium
        1. Financial Overview
        2. Products
    38. Offered
      1. Key Developments
        1. SWOT Analysis
    39. Key Strategies
      1. United States Steel
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    40. Analysis
      1. Key Strategies
      2. Constellation Brands
    41. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Rio Tinto Alcan
        1. Financial Overview
        2. Products Offered
        3. Key
    42. Developments
      1. SWOT Analysis
        1. Key Strategies
    43. Arconic
      1. Financial Overview
        1. Products Offered
    44. Key Developments
      1. SWOT Analysis
        1. Key Strategies
      2. Novelis
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key
    45. Strategies
    46. APPENDIX
      1. References
      2. Related Reports
    47. ALUMINUM MARKET SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD BILLIONS)
    48. 2035 (USD BILLIONS)
    49. FORECAST, BY APPLICATION, 2019-2035 (USD BILLIONS)
    50. DEVELOPMENT/APPROVAL
    51. ANALYSIS BY TYPE
    52. CRITERIA OF ALUMINUM MARKET
    53. DRO ANALYSIS OF ALUMINUM MARKET
    54. MARKET
    55. SUPPLY / VALUE CHAIN: ALUMINUM MARKET
    56. (% SHARE)
    57. ALUMINUM MARKET, BY PRODUCT TYPE, 2019 TO 2035 (USD Billions)
    58. MARKET, BY APPLICATION, 2024 (% SHARE)
    59. TO 2035 (USD Billions)

    U.S. Aluminum Market Segmentation

     

     

     

    • Aluminum Market By Type (USD Billion, 2019-2035)

      • Primary
      • Secondary

     

    • Aluminum Market By Product Type (USD Billion, 2019-2035)

      • Flat Rolled
      • Castings
      • Extrusions
      • Rod bar
      • Forgings
      • Others

     

    • Aluminum Market By Application (USD Billion, 2019-2035)

      • Building Construction
      • Automotive Transportation
      • Foil Packaging
      • Power
      • Machinery Equipment Industrial)
      • Consumer Goods
      • Others

     

     

     

     

     

     

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