The bauxite market is expanding steadily, with analysts predicting the market will be worth nearly USD 126 billion by 2033. This sharp climb from USD 84.5 billion in 2025 is equal to a compound annual growth rate of 5.11 per cent.
Aluminium demand lies at the heart of this surge. Yet, the outlook is not all smooth. Supply bottlenecks, tougher environmental rules and geopolitical rivalries are there.
Aluminium’s expanding reach
Most of the world’s bauxite, about 85 per cent, ends up as alumina, which is then refined into aluminium. The metal has become hard to replace. In cars, the story is striking. Back in 1980, an average vehicle carried only about 120 pounds of aluminium. By 2030, that figure is expected to hit 252 kilograms.
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