United States Aerospace Aluminum Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Aerospace Aluminum Market reached US$7,897.45 million in 2024 and is expected to reach US$12,568.42 million by 2032, growing at a CAGR of 6.04% during the forecast period 2025-2032.

Key Development:

United States: Aerospace Aluminum Industry Developments

✅ In August 2025, the U.S. government announced a $1 billion investment in manufacturing across 16 states, with a significant portion directed towards aerospace and aluminum production. This initiative aims to bolster domestic manufacturing capabilities and create thousands of jobs.

✅ In July 2025, Novelis revealed the expansion of its Kentucky facility to meet the growing demand for aluminum in the electric vehicle and aerospace sectors. This move underscores the company's commitment to supporting sustainable transportation and aerospace innovation.

✅ In May 2025, Emirates Global Aluminium (EGA) announced plans to construct a $4 billion primary aluminum smelting facility in Inola, Oklahoma. The project is expected to produce approximately 600,000 tons of aluminum annually and create around 2,800 jobs.

Japan: Aerospace Aluminum Industry Developments

✅ In September 2025, the Japanese government introduced a new facility at the Japan Bank for International Cooperation (JBIC) to provide financial support for overseas expansions by Japanese companies in strategically important industries, including aerospace and aluminum manufacturing.

✅ In July 2025, Kobe Steel partnered with Toyota to develop ultra-lightweight aluminum alloys for hydrogen vehicle components. This collaboration seeks to advance the use of aluminum in hydrogen-powered transportation, contributing to Japan's green mobility goals.

✅ In June 2025, UACJ launched a recyclable aluminum alloy with enhanced thermal conductivity, specifically designed for electric vehicle battery enclosures. This innovation aims to improve energy efficiency and sustainability in the automotive sector.

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Recent Mergers and Acquisitions:

United States: Aerospace Aluminum M&A Activity
✅ September 2025
Pursuit Aerospace acquired Aeromet, a supplier specializing in aluminum and magnesium castings for aerospace and defense industries. This strategic acquisition aims to enhance Pursuit Aerospace's capabilities in producing lightweight and durable components essential for modern aerospace applications.

✅ June 2025
A leading U.S.-based aluminum foam manufacturer announced the acquisition of a regional competitor specializing in closed-cell aluminum foam. The deal aims to strengthen market position and accelerate innovation in lightweight materials, catering to the growing demand in aerospace applications.

✅ May 2025
Orcon Industries Corp. acquired the Viva Foam Division from Jamestown Container Cos. This strategic move enhances Orcon's product portfolio and expands its presence in the foam manufacturing sector, with potential applications in aerospace insulation and structural components.

Key Players:

=> Constellium SE, Novelis Inc., Kaiser Aluminum Corporation, UACJ Corporation, Hydro Aluminium, China Zhongwang Holdings Limited, Arconic Corporation, SAPA Group, Gulf Extrusions Company, Alcoa Corporation.

Growth Forecast Projected:

The Global Aerospace Aluminum Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Aerospace Aluminum Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Alloy Type: Aluminum-Lithium, Aluminum-Copper, Aluminum-Zinc, Aluminum-Magnesium, Others

➥ By Form: Plates, Sheets, Extrusions, Others

➥ By Process: Casting, Extrusion, Welding, Forging, Others

➥ By End-User: Commercial Aviation, Business & General Aviation, Military & Defense, Others

Regional Analysis for Aerospace Aluminum Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Aerospace Aluminum producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Aerospace Aluminum revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Aerospace Aluminum Market?

A: In 2024, the Aerospace Aluminum Market was valued at US$7,897.45 million, reflecting its strong industry presence.

Q2: How large is the Aerospace Aluminum Market expected to be by 2032?

A: By 2032, industry forecasts suggest the Aerospace Aluminum Market will grow to around US$12,568.42 million, demonstrating significant expansion.

Q3: What is the growth rate of the Aerospace Aluminum Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.04% during the forecast period from 2025 to 2032.

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