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Global Aluminum Rolled Products Market Share, Trends and Analysis-Forecasts 2026 By Grade Type (1xxx (1050, and others), 3xxx (3003, and others), 5xxx (5005, and others), 6xxx), By End-Use Industry (Automotive & Transportation, Building & Infrastructure, Packaging, Consumer Durables, Others), By Region (North America, Asia-Pacific, Middle East & Africa, Europe, CSA), End User Landscape and Company Market Share Analysis & Competitor Analysis
Aluminum Rolled Products Market Insights
The aluminum rolled products market is expected to grow at a high CAGR during the forecast period. Most of the aluminum alloys include roll products, namely plate and foil. The uses of rolled products range from thick products used as structural parts for aircraft and rail cars to thin products used for the use of packaging materials such as aluminum canisters and foils. The increase in demand from the automobile and packaging industry are some of the major factors driving the market growth during the forecast period. Manufacturing of these rolled products is a cost-effective process as the metals are moulded into specific cross-section profiles that require low labour demand, enabling higher volume production for most of the highly efficient products. However, high capital investments, and the COVID-19 outbreak has disrupted the supply chain – can be considered as some of the factors hampering the market growth currently.
Aluminum Rolled Products Market Size: By Grade Type
Based on the grade type, the market is segmented into 1xxx series (1050 and others, 3xxx series (3003 and others), 5xxx (5005 and others), and 6xxx series. The 1xxx series (1050 and others) is expected to grow at a high CAGR during the forecast period. This group provides the best corrosion resistance and exhibits excellent forming, welding, and brazing property. An alloy of 1060 offers applications of chemical and food handling equipment and food containers. Their wide applications and properties propel the market demand and growth. The 3xxx series (3003 and others) is expected to grow at a high CAGR during the forecast period. 3003 is the most commonly used aluminum alloy. They have excellent formability and are used in cookware. While the 3004 is used for storage tanks, pressure vessels, and cookware. Furthermore, the 6xxx series is expected to register the second-highest CAGR during the forecast period due to its ultra-high tensile strength along with the lightweight of the 6xxxx series which helps for the usage in automotive & transportation industry. This series is highly resistant to corrosion and is well equipped for spinning, forming welding, and extruding. It's use in structural buildings, bridges, and trusses further leads to its high demand in the market.
Aluminum Rolled Products Market Size: By End-Use Industry
Based on the end-use industry, the market is segmented into automotive & transportation, building & infrastructure, packaging, and consumer durables, among others. The automotive & transportation industry is expected to hold the largest market share during the forecast period. Aluminum used in the automotive industry helps in fuel efficiency, reduces CO2 emissions, and reduces the weight of the vehicle. The majority of the car parts are made from aluminum- engine radiators, wheels and bumpers, and also the frame. Moreover, the building and infrastructure segment is expected to grow at a high CAGR during the forecast period. In the building and infrastructure industry, it is used in roofs and walls, external facades, windows, and doors due to its high corrosion resistance and lightness properties. It is durable, has low maintenance costs, is eco-friendly, and provides finishes to the product and buildings. Furthermore, the packaging segment is expected to register the second-highest CAGR during the forecast period. Aluminum packaging is flexible, hygienic, light, and non-toxic. It helps to maintain the food’s aroma and protects from water vapor and microorganisms making it high in demand for the packaging industry.
Aluminum Rolled Products Market Size: By Region
Based on region, the market is segmented into North America, Asia-Pacific, Europe, Central & South America, and Middle East & Africa. The Asia-Pacific region is expected to grow at a high CAGR during the forecast period. The increase in consumer durables, automotive industry, and increased demand from the building & construction industry are some of the factors driving the market growth. The availability of cheap labour and raw materials in countries such as India, China, and Singapore is also expected to propel the market in the APAC region. Moreover, the North America region is expected to hold the largest market share during the forecast period.
Aluminum Rolled Market Share and Competitor Analysis
Some of the key players operating in the aluminum rolled products market include: Aleris Corp., Aluminum Corp. of China Ltd., Novelis Inc, Kobe Steel Ltd., Norsk Hydro ASA, Alcoa Corp., Hulamin Ltd., Kaiser Aluminum Corp., AMAG Austria Metall AG, Constellium SE, and Viohalco SA among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2020, Novelis Inc. successfully acquired Aleris Corporation, a global supplier of rolled aluminum products to supply worldwide
In February 2019, Arconic Rolled Products Corporation invested approximately USD 100 million for the expansion of its hot mill capabilities and addition of downstream equipment capabilities for the manufacturing of industrial and automotive aluminum products in its Tennessee Operations facility, Knoxville, Tennessee, U.S.
Check the Press Release on Global Aluminum Rolled Products Market Report
Aluminum Rolled Products Market: By End-Use Industry
Aluminum Rolled Products Market: By Grade Type
Aluminum Rolled Products Market: By Region
The global Aluminum Rolled Products Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Aluminum Rolled Products Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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