Global aluminium usage is stabilising after a choppy period and is positioned for steady expansion this decade, supported by electric mobility, packaging, and a gradual rebound in construction.
According to industry estimates, Asia Pacific (including China) is set to account for 66 per cent of global aluminium usage in 2024, with North America at 13 per cent and Europe at 12 per cent.
The market is projected to grow from 101.3 million tonnes in 2024 to 122 million tonnes by 2030, a 3.15 per cent CAGR, with 2025 consumption expected at 104.7 million tonnes.
This trajectory—tempered but durable—reflects outcomes from business market analysis and industry trend analysis that highlight resilient downstream demand and a shifting competitive landscape analysis across regions.
Sector mix: Transport and construction remain first among equals
The transportation and building & construction segments together account for 49 per cent of global aluminium usage. The transport sector continues to increase aluminium intensity, particularly in battery electric vehicles (BEVs), where lightweighting remains a primary lever for range and efficiency. On the built-environment side, aluminium usage is set to track a 3.1 per cent growth in the global construction market as expected interest-rate cuts filter through project pipelines—though this follows several challenging years.