Global aluminum market expected to grow at CAGR of 6.2% from 2022 to 2032
Views : 186
Update time : 2022-08-25 17:36:07
The global aluminum market was expected to grow greatly at a compound annual growth rate (CAGR) of 6.2% during the period from 2022 to 2032. The value of the aluminum market will reach approximately US$155,352 million this year and US$283,507 million by 2032.
North America became a region with the fastest growing aluminum market, and the performance was predicted to continue into the forecast period due to the development of the transport industry, as well as the improvement of product manufacturing technology and processing equipment. It was expected that North America will account for 21% of the global market revenue this year.
