Global Aluminum Plates and Sheets Market Report: Trends, Opportunities, and Forecast 2025-2032
Market Overview
Global Aluminum Plates and Sheets Market continues to expand, with its valuation reaching USD 7.65 billion in 2024.
According to industry analysis, the market is projected to grow at a CAGR of 4.5%, reaching approximately USD 10.89 billion by 2032.
Market Drivers
The market is primarily driven by expanding aerospace manufacturing, including rising demand for fuel-efficient aircraft.
The U.S. Federal Aviation Administration (FAA) forecasts a 3.6% annual increase in global air travel, directly benefiting aluminum sheet suppliers.
Market Segmentation
By Type
Plates (6mm+ thickness)
Aluminum Sheets (0.2mm–6mm thickness)
Aluminum
By Application
Aerospace
Military & Transportation
Others
Key Companies
Alcoa (U.S.)
Constellium (Netherlands)
Novelis (Canada) Norsk Hydro (Norway) Others
Regional Analysis
North America & Europe:
Are witnessing increased adoption in aerospace and military applications
Asia-Pacific:
Holds the largest market share, accounting for over 50% of global production
Thank You