The Australia aluminium market reached around USD 6.91 Billion in 2024. The market is projected to grow at a CAGR of 4.70% between 2025 and 2034, reaching almost USD 10.94 Billion by 2034.
Base Year
Historical Year
Forecast Year
Australia is one of the leading countries specialising in aluminium refining.
In 2022, Australia produced 22.3MT of alumina, making it the second-largest producer in the world.
In 2022, Australia produced 1.51MT of primary aluminium, which made it the sixth largest producer worldwide
Value in USD Billion
2025-2034
Australia Aluminium Market Outlook
*this image is indicative*
| Australia Aluminium Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 6.91 |
| Market Size 2034 | USD Billion | 10.94 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 4.70% |
| CAGR 2025-2034 - Market by Region | New South Wales | 5.0% |
| CAGR 2025-2034 - Market by Region | Western Australia | 4.5% |
| CAGR 2025-2034 - Market by Type | Primary | 5.4% |
| CAGR 2025-2034 - Market by End Use | Transport | 5.4% |
| Market Share by Region | New South Wales | 30.6% |
In December 2023, along the lines of other countries located in North America and Europe, Australia recognised aluminium as a strategic material, which is imperative for driving a clean energy transition. This is because aluminium powers numerous low-carbon technologies like hydroelectric plants, wind turbines, transmission wires, and batteries, among others. It also constitutes 85% of the total components of solar panels. As rooftop solar energy outpaces wind energy in Australia for electricity generation, the demand for aluminium is expected to register a significant growth in the coming years.
Globally, aluminium production accounts for nearly 3% of the total industrial carbon emissions. Though the average intensity of emissions has been declining by 2% annually, it needs to further fall to 4% annually. Major aluminium producers and recycling firms in Australia have signed contracts with wind energy-based electricity-generating companies to power up their processes. For instance, in February 2024, Rio Tinto signed a power purchase agreement with Windlab to supply clean electricity to refineries and smelting plants located in Gladstone, Queensland. This can reduce 5 million tons of carbon emissions annually and generate enough power to meet 10% of Queensland’s energy needs.
Australia Aluminium Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Market Breakup by Processing Method:
Market Breakup by End Use:
Market Breakup by Region:
| CAGR 2025-2034 - Market by | Type |
| Primary | 5.4% |
| Secondary | XX% |
| CAGR 2025-2034 - Market by | End Use |
| Transport | 5.4% |
| Others | 4.2% |
| Construction | XX% |
| Electrical | XX% |
| Machinery and Equipment | XX% |
| CAGR 2025-2034 - Market by | Region |
| New South Wales | 5.0% |
| Western Australia | 4.5% |
| Victoria | XX% |
| Queensland | XX% |
| Australian Capital Territory | XX% |
| Others | XX% |
Based on end use, the market is divided into transport, construction, electrical, and machine and machinery, among others. Over the forecast period, the transport sector is projected to grow at a CAGR of 5.4% during the forecast period of 2025-2034. This can be attributed to the low strength-to-weight ratio of aluminium, which makes it ideal for use in automobiles and other mobility solutions.
| Market Share by | Region |
| New South Wales | 30.6% |
| Victoria | XX% |
| Queensland | XX% |
| Australian Capital Territory | XX% |
| Western Australia | XX% |
Key players are investing to expand their production capacity amid the rising demand for aluminium in renewable energy sources.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at nearly USD 6.91 Billion in 2024.
The market is projected to grow at a CAGR of 4.70% between 2025 and 2034.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 10.94 Billion in 2034.
The different end uses of aluminium include transport, construction, electrical, and machinery and equipment, among others.
The different processing methods of aluminium include flat rolled, extrusions, castings, forgings, pigments and powder, rod and bar, and sheet, among others.
The different regions covered in the market report include New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia, among others.
The key market players are Aluminium Industries of Australia Pty Ltd., Tomago Aluminium, Rio Tinto plc (Queensland Alumina Limited), Gra Steel Company, and Rogers Industries Group, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Processing Method |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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