The Market Reports

Synopsis
The global market for Secondary Aluminum Alloy was estimated to be worth US$ 114970 million in 2024 and is forecast to a readjusted size of US$ 142100 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Secondary Aluminum Alloy cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Secondary aluminum alloy is a type of aluminum produced by recycling scrap aluminum, making it a more sustainable and cost-effective alternative to primary aluminum derived from bauxite ore. This alloy typically includes recycled materials such as used beverage cans, automotive parts, and industrial scrap, which are melted and refined to meet specific alloy compositions. Secondary aluminum alloys retain most of the properties of primary aluminum, such as light weight, corrosion resistance, and good mechanical strength, making them widely used in industries like automotive, construction, and consumer electronics. The process not only conserves natural resources but also consumes significantly less energy, reducing the overall environmental footprint.
The market for secondary aluminum alloy is driven by a growing demand for sustainable and cost-efficient materials across various industries, particularly automotive, construction, and electronics. Increasing environmental regulations and corporate sustainability goals are pushing manufacturers to adopt recycled materials, as secondary aluminum production uses up to 95% less energy compared to primary aluminum. Additionally, the rising global focus on circular economy practices and resource conservation enhances the appeal of secondary aluminum. Its comparable mechanical properties to primary aluminum, combined with lower production costs, make it an attractive option amid fluctuating raw material prices and supply chain pressures.
This report aims to provide a comprehensive presentation of the global market for Secondary Aluminum Alloy, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Secondary Aluminum Alloy by region & country, by Type, and by Application.
The Secondary Aluminum Alloy market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Secondary Aluminum Alloy.
Market Segmentation
By Company
Novelis
Norsk Hydro
UACJ
Constellium
Hebei Sitong New Metal Material
Matalco
Sigma Group
Chongqing Shunbo Aluminum
CSMET
Ye Chiu
Raffmetal
Kaiser Aluminum
Zhejiang Wantai Aluminium
Delta Aluminium Industry
Segment by Type
Aluminum Ingot
Aluminium Flat Rolled Products
Others
Segment by Application
Transportation Industry
Packaging Industry
Construction Industry
Electronics Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Secondary Aluminum Alloy manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Secondary Aluminum Alloy in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Secondary Aluminum Alloy in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index