North America’s aluminium demand witnesses a 4.3% annual growth aligned with production surge
Aluminium demand in North America, stemming from the automotive, aerospace, construction, and packaging industries, is undergoing an upward movement, fuelled by a concerted move towards sustainability by manufacturers. The industry in North America is categorised by product type and end-user industry. Key product types driving the aluminium demand in North America are flat-rolled products, castings, extrusions, and forgings, serving sectors such as transportation, consumer goods, machinery and equipment, and construction.
According to AL Circle’s report “Global Aluminium Industry Outlook 2024,” North America accounted for approximately 21.5 per cent of the global aluminium flat-rolled product use and 8.25 per cent of extrusion use in 2023.
Demand analysis
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