The Global Low-carbon Aluminum Market is Estimated to Reach $119.97 Billion in 2031

Friday 26 May 2023, Amsterdam

The global low-carbon aluminum market is estimated to reach $119.97 billion in 2031, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 4.3% during the forecast period 2022-2031.

USP of the Report

• Extensive competitive benchmarking of 20 key players done to offer a holistic view of the low-carbon aluminum market landscape
• Market segregation based on the source of production, product, and end user
• List of key operating plants with capacities and energy sources
• Analysis of embedded carbon emissions
• Aluminum trade analysis
• Key developments in the end-user industry
• Supply chain analysis
• Pricing analysis
• Product benchmarking
• Investment landscape, including product adoption scenario and patent analysis

Analyst Perspective

According to Sachin Singh, Lead Analyst at BIS Research, "Low-carbon aluminum is gaining traction on the back of increased demand for low-cost recycled aluminum. The recycling rate of aluminum has been increasing in developing and developed countries, especially for post-consumer scrap. Various companies in the ecosystem are developing novel technologies to reduce carbon emissions and achieve near-zero or net-zero carbon emissions. The automotive industry has the highest adoption among all end users as auto-manufacturers are striving to achieve net-zero scenario by reducing carbon emissions throughout its value chain.”

Key Companies Operating in The Market

Key players in the low-carbon aluminum market analyzed and profiled in the study involve low-carbon aluminum producers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the low-carbon aluminum market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

The key players profiled in the report include Vedanta Aluminum and Power, EN+ Group, Century Aluminum Company, Emirates Global Aluminium PJSC, Norsk Hydro ASA, Alcoa Corporation, China Hongqiao Group Limited, Capral Limited, Constellium SE, Reynaers Aluminium, Granges, Nanshan America, Rio Tinto, CBA, South32, PT Indonesia Asahan Aluminium, Novelis, Eti Aluminyum, Hammerer Aluminium Industries, and Aluminium Dunkerque.

Key Questions Answered in the Report

• What are the steps taken by the existing players to improve/maintain their market positioning, and what are some of the key strategies adopted by new players entering this market space?
• What are the major challenges faced by the aluminum industry, and what are the steps taken by manufacturers/governments to overcome these challenges?
• Which are the major processing companies for low-carbon aluminum, and what are their market shares?
• How does the supply chain function in the global aluminum market? Which countries are major importers and exporters of aluminum?
• What is the impact of stringent regulations related to carbon emissions on the low-carbon aluminum market?
• What amount of carbon is embedded in each step primary aluminum production and what are overall carbon emissions aluminum industry?
• What is the amount of recycled aluminum in each country?
• Which are the energy sources used to manufacture aluminum? What are the capacities of key aluminum plants globally?