The Global Aluminum and Aluminum Alloy Plates, Strips Market is projected to grow from USD 47.2 billion in 2023 to USD 68.4 billion by 2030, expanding at a CAGR of 5.2% during the forecast period. This expansion is primarily driven by the automotive industry’s shift toward lightweight materials, increasing aerospace applications, and growing construction sector demand for durable, corrosion-resistant building materials.

As global industries prioritize sustainability and performance, aluminum manufacturers are innovating with advanced alloys and sustainable production methods. This analysis highlights the Top 10 Companies in the Aluminum and Aluminum Alloy Plates, Strips Market, featuring industry leaders who are shaping material science and global supply chains.

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🔟 1. Alcoa Corporation

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Aerospace-grade aluminum, automotive body sheets

Alcoa dominates the aluminum sector with its integrated operations spanning bauxite mining to advanced alloy production. The company supplies Boeing and Airbus with specialized aerospace alloys, while its automotive division reduces vehicle weight by up to 40% versus steel components.

Sustainability Innovations:

• EcoLum™ aluminum with 75% lower carbon footprint
• Closed-loop recycling systems in all major plants
• 2030 target of net-zero carbon emissions

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9️⃣ 2. Hindalco Industries (Novelis)

Headquarters: Mumbai, India
Key Offering: Beverage can stock, automotive aluminum sheets

Hindalco’s Novelis division holds 60% of the North American beverage can sheet market and leads in automotive aluminum solutions. Its Fusion™ technology enables complex part formations with 30% less material waste.

Sustainability Innovations:

• 80% recycled content in European production
• Water recycling systems achieving 95% efficiency

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8️⃣ 3. Norsk Hydro ASA

Headquarters: Oslo, Norway
Key Offering: Hydro CIRCAL recycled aluminum, extrusion ingots

Hydro operates the world’s most advanced aluminum recycling infrastructure, with 35 production sites across Europe and North America. Its CIRCAL product line contains minimum 75% post-consumer scrap content.

Sustainability Innovations:

• Hydro REDUXA primary aluminum with 4.0 kg CO2e/kg
• Renewable energy powering 70% of European operations

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7️⃣ 4. Constellium SE

Headquarters: Paris, France
Key Offering: Aerospace plates, automotive structural components

Constellium supplies Airbus with 60% of its aluminum aircraft structures and develops proprietary alloys that enable automakers to reduce vehicle weight by 150kg per unit.

Sustainability Innovations:

• Energy consumption reduced by 15% since 2019
• 100% recycled aluminum in selected product lines

Download FREE Sample Report: Aluminum and Aluminum Alloy Plates, Strips Market – View in Detailed Research Report

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6️⃣ 5. Rio Tinto Aluminum

Headquarters: London, United Kingdom
Key Offering: Low carbon aluminum, battery foil

Rio Tinto’s AP60 smelting technology produces high-purity aluminum for electric vehicle batteries with 30% lower energy consumption than conventional methods.

Sustainability Innovations:

• ELYSIS carbon-free smelting technology
• Renewable hydropower for all aluminum production

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5️⃣ 6. Aluminum Corporation of China (Chalco)

Headquarters: Beijing, China
Key Offering: Industrial alloys, aerospace materials

As China’s largest producer, Chalco supplies 40% of domestic aluminum demand while expanding aerospace-quality production capabilities to compete globally.

Sustainability Innovations:

• 468,000 ton annual recycling capacity
• Green aluminum certification program

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4️⃣ 7. UC Rusal

Headquarters: Moscow, Russia
Key Offering: High-strength alloys, ultra-thin foil

Rusal specializes in aerospace and defense alloys, with proprietary casting technology enabling production of ultra-thin plates down to 0.15mm thickness.

Sustainability Innovations:

• ALLOW brand low-carbon aluminum
• Hydro-powered Siberian smelters

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3️⃣ 8. Aluminum Bahrain (Alba)

Headquarters: Manama, Bahrain
Key Offering: Foundry alloys, rolling slab

Alba operates the world’s largest single-site aluminum smelter outside China, with its Line 6 expansion adding 540,000 metric tons of annual capacity.

Sustainability Innovations:

• Zero waste-to-landfill operations
• Carbon-neutral production pilots

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2️⃣ 9. Kaiser Aluminum

Headquarters: Foothill Ranch, California, USA
Key Offering: Aerospace plate, defense alloys

Kaiser supplies specialized aluminum solutions for defense applications, including armor plating and aircraft structural components.

Sustainability Innovations:

• 100% renewable energy in US operations
• Closed-loop water systems

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1️⃣ 10. UACJ Corporation

Headquarters: Tokyo, Japan
Key Offering: Battery foil, heat exchanger materials

UACJ leads in ultra-thin foil production for lithium-ion batteries, with world-record 4.5 micron thickness capability for electric vehicle applications.

Sustainability Innovations:

• Advanced scrap sorting technologies
• Hydro-powered production facilities

Read Full Report: Aluminum and Aluminum Alloy Plates, Strips Market – View in Detailed Research Report

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🌍 Market Outlook: The Aluminum Industry Transformation

The aluminum sector is undergoing significant changes through material innovation and sustainability commitments, driven by these key factors:

📈 Growth Drivers:

• EV battery demand doubling foil requirements by 2027
• Aerospace aluminum market growing at 7.1% CAGR
• Construction sector adoption of aluminum composites increasing 9% annually
• Automotive lightweighting trends boosting aluminum content per vehicle

Read Full Report: Aluminum and Aluminum Alloy Plates, Strips Market – View in Detailed Research Report

The profiled companies demonstrate how aluminum continues to enable sustainable, high-performance solutions across global industries while driving the transition to low-carbon materials.