North America aluminium market expected to reach $17,995.6 million by 2023

The North America aluminium market was valued at $12,076.0 million in 2015 and is projected to reach $17,995.6 million by 2023, growing at a CAGR of 5.1% from 2015 to 2023, according to a new report published by ReportLinker, titled, "North America Aluminium Market by Processing Method,End-User Industry: Opportunity Analysis and Industry Forecast, 2015 – 2023.”

The report identifies development in transport industry and technological advancements in aluminium manufacturing technologies and processing equipment as the major drivers for the North America aluminium market growth. Increasing demand for recycled aluminium products is expected to provide potential growth opportunities for the industry.

The market is segmented based on processing method, end use industries, and countries. Based on processing method, the market is classified into flat rolled, castings, extrusions, forgings, pigments & powder, and rod & bar. Based on end-use industry, the market is divided into transport, building & construction, electrical engineering, consumer goods, foil & packaging, machinery & equipment, and others. Based on country, it is analysed across U.S. and Canada. 

Some of the leading companies in the North America Aluminium market are include Alcoa, Norsk Hydro, Rio Tinto Alcan, Arconic, Century Aluminium, Novelis, Access Industries, United Company RUSAL, Kaisar Aluminium, and JW Aluminium, and others. The other player includes United Aluminium, GYFORDPRODUCTIONS, LLC, ALUMINERIE ALOUETTE INC., Extrudex Aluminium, and Almag Aluminium.