Market Insights and Analysis: Green Aluminum Market Overview and Projections (2024-2030)

The Green Aluminum Market size is estimated to grow at a CAGR of around 37.85% during the forecast period, i.e., 2024-30.

Top leading companies in the Green Aluminum Market includes:

Norsk Hydro, Rusal, Emirates Global Aluminium, Centuary Aluminum, Vedanta Aluminium, EN+ Group, China Hongqiao Group Limited, Alcoa Corporation, Capral Limited, Constellium, Reynaers Aluminium, Granges, Nanshan America, Rio Tinto, CBA, South32, PT Indonesia Asahan Aluminium, Novelis, Hammerer Aluminium Industries, Other

Industry Recent Development:

  • 2024: Hindalco Industries, an aluminum major, reported that the first phase of its aim to reduce about 30% of emissions by 2030 is nearing completion. The company focuses on using 30% of its round-the-clock renewable energy supply.
  • 2023: Vedant Aluminium supplied its first low-carbon aluminum order to Global Aluminium Pvt. Ltd.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Method

-Renewable Electricity

-Recycled Aluminum

  • Renewable electricity as a method to lower carbon emissions during the production of aluminum is the most mature technique in the market.

By End Users

-Automotive

-Construction

-Electronics

-Others (Cans & Packaging, Aerospace, etc.)

By Source of Energy

-Solar

-Hydro

-Wind

-Recycled

-Others (Carbon Capture Storage, etc)

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Green Aluminum Market Geographic Reach:

The Geographic Reach of the Green Aluminum Market evaluates the spread and significance of Green Aluminum market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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