Aluminum is one of the most abundant metals found in the earth’s crust. Aluminum’s properties such as low metal density and its ability to resist corrosion make it the most favorable metal among the end-users. It is silvery white in color and be molded into very thin sheets having high strength and durability. Aluminum finds its application across many industries such as transportation, construction, packaging, consumer durables, electrical, machinery and equipment among others.
Aluminum Market is estimated to reach USD 221,132.84 Mn by the end of 2023, expanding at a CAGR of 6.48% during the forecast period. This is anticipated to boost growth of the global aluminum market in manufacturing light yet durable automotive parts. Moreover, surging demand from electronics, packaging and consumer goods applications is expected to further boost growth of the market.
Aluminum Market is estimated to reach USD 221,132.84 Mn by the end of 2023, expanding at a CAGR of 6.48% during the forecast period. This is anticipated to boost growth of the global aluminum market in manufacturing light yet durable automotive parts. Moreover, surging demand from electronics, packaging and consumer goods applications is expected to further boost growth of the market.
