In 2020, the global aluminum market size reached 150 billion U.S. dollars. According to recent estimates, the market size will grow to 210 billion U.S. dollars by 2027, mainly driven by the packaging and construction industries.
Size of the global aluminum market between 2020 and 2027
(in billion U.S. dollars)
This Statista estimate is based on the 2027 values and the compound annual growth rate from 2021 to 2027 of 5.5 percent, which were provided by the source. An exponential development of the market was assumed.
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Statista. (May 25, 2021). Size of the global aluminum market between 2020 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1113683/global-aluminum-market-size/
Statista. "Size of the global aluminum market between 2020 and 2027 (in billion U.S. dollars)." Chart. May 25, 2021. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1113683/global-aluminum-market-size/
Statista. (2021). Size of the global aluminum market between 2020 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1113683/global-aluminum-market-size/
Statista. "Size of The Global Aluminum Market between 2020 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 May 2021, https://www.statista.com/statistics/1113683/global-aluminum-market-size/
Statista, Size of the global aluminum market between 2020 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1113683/global-aluminum-market-size/ (last visited December 09, 2024)
Size of the global aluminum market between 2020 and 2027 (in billion U.S. dollars) [Graph], Statista, May 25, 2021. [Online]. Available: https://www.statista.com/statistics/1113683/global-aluminum-market-size/