Summary

The global aluminum market has shown resilience and growth despite facing challenges such as the COVID-19 pandemic, which caused a decline in demand from key industries like automotive and construction. As of 2020, the market began to recover, with China remaining the dominant producer, contributing to 58% of the 67,000 tons of aluminum produced worldwide. The Italian market, in particular, saw a strong recovery post-pandemic, with a 25.7% increase in employment and a turnover of €12 billion in 2021, a 30% increase from 2020.

Germany is Italy's most significant trade partner in aluminum, with Italy having a positive trade balance of approximately $1.147 billion. The construction industry, currently consuming 1.2 million tons of aluminum annually in Europe, is also a significant segment. The future of aluminum looks promising, with potential expansion in the electric vehicle market and developments in aluminum-based battery technology, potentially offering a more sustainable alternative to lithium batteries.

Aluminum Market Trends in Italy: Navigating Growth and Constraints

Italy's aluminum market, much like its global counterpart, has been on a trajectory of growth, influenced by diverse industrial demands and innovative trends. With applications spanning across transportation, construction, packaging, and more, there's no denying the versatile appeal of aluminum in both national and global markets. The Italian aluminum industry boasts a robust performance, with recent figures indicating the country generated a turnover of approximately between €10 and €15 billion, a notable increase from prior periods. The vitality of this market is further underscored by a per capita consumption rate of around 30 to 40 kg, which is among the highest in the world, reflecting the metal's substantial integration in various aspects of Italian industry and consumer products. Diving into specific sectors, the automotive industry emerges as a primary consumer, significantly contributing to the growing demand for aluminum. On average, today's vehicles incorporate between 80 and 100 kg of aluminum, and this value is anticipated to climb by 10 to 15 percent over the next few years. Paired with the burgeoning electric vehicle market, the need for aluminum continues to surge as manufacturers seek to balance battery weight with the lightweight properties of aluminum. 

The Italian market, in particular, benefits from government incentives like the "Superbonus 110", which has invigorated the construction sector and, by extension, increased the demand for aluminum. However, Italy's strength in processing and recycling aluminum overshadows its local production capabilities. Given the country's lack of bauxite resources and the energy-intensive nature of primary aluminum production, Italy primarily relies on the importation of raw materials, with nations such as Germany being significant trade partners. This dependency on imports presents both an opportunity and a constraint. The imposition of tariffs on Russian aluminum, for instance, due to geopolitical tensions, has challenged the European aluminum market, disproportionately affecting small and medium enterprises that are pivotal to the sector's employment rates. The COVID-19 pandemic, too, has left its mark, throttling demand as industries like automotive and metallurgy contended with reduced sales. Yet, recovery seems to be on the horizon with commodity prices rebounding and global production catching up. Looking forward, the bright prospect of aluminum-sulfur batteries, with their cost-effectiveness and easier recycling compared to lithium counterparts, could usher in a new era of demand for the versatile metal.

Prominent Market Players in the Aluminum Industry Landscape

In the dynamic world of the aluminum industry, companies across various segments have established themselves as significant contributors and innovators. Here we spotlight key enterprises that are shaping the landscape of aluminum production, processing, and product development, each carving out their niche within the broad spectrum of applications for this versatile metal.

  • Foundries - The Backbone of Aluminum Supply Foundries are pivotal in the aluminum industry, acting as a source for the vast array of industries that require aluminum in various forms. Leading foundries like Raffmetal S.P.A. and Intals S.P.A. are central to this segment, with their expertise in refining, alloying, and preparing aluminum for downstream use. They play a critical role in ensuring the quality and performance characteristics necessary for specialized applications.
  • Semi-Finished and Finished Products Production - Shaping Innovation Once aluminum leaves the foundries, companies specializing in semi-finished and finished products take the baton. These companies, such as Thin Lamination S.P.A., Profilglass S.P.A., Slim Aluminum S.P.A., Metra S.P.A., and Novelis Italia S.P.A., push the boundaries of what can be done with aluminum. From architectural solutions to tailored components for various industries, they manipulate aluminum into forms that meet the precise needs of their clients, aiding in everything from construction to automobile manufacturing.
  • Consumer Products - Closing the Loop The journey of aluminum often ends in consumer products, and firms like Cuki Cofresco S.r.l. play a vital role in this final segment. With a focus on packaging solutions that leverage aluminum’s protective qualities and recyclability, these companies contribute to an aluminum lifecycle that often sees this material returning to the foundries to begin anew.

Together, these key players - the foundries, the processors, and the consumer product specialists - form an interconnected ecosystem that ensures aluminum continues to be an essential material in modern society, from conception to reincarnation. Each company reflects crucial stages of the aluminum value chain, and their synergistic roles underline the market's breadth and adaptability. Through their ongoing efforts, the future of aluminum looks brighter and more innovative than ever.

Get all the information you need
to understand this market

Detailed content

Inforamtion

  • Number of pages : 30 pages
  • Format : Digital and PDF versions
  • Last update : 13/07/2023
Update Details

Summary and extracts

1 Market Overview

1.1 Definition and scope of study

Aluminum is a silver-colored malleable metal (it is the sixth most ductile and second most malleable metal on Earth). Aluminum can be used for a variety of purposes, including transportation equipment construction, packaging production, other types of construction, etc.

Today, the primary aluminum production market is mainly held by China, which has large reserves of bauxite, the basic ore for obtaining this light metal. There are two main types of aluminum sold in the market:

1.Die-cast aluminum, used in all major industries

2.Extruded aluminum, used for fillers, 3D molds and welding.

Globally, the aluminum market was valued at $147.2 billion in 2018. In the period from 2019 to 2026, the value of this market is expected to reach $189.8 billion, a growth of 3.2 percent.

The aluminum market in Italy is also growing and is so profitable that it ranks second in Europe, in terms of sales, right after Germany.

An estimated 2 million tons of aluminum were produced in Italy in 2019 and per capita consumption was 34 kg, one of the highest values in the world. However, a problem affecting Italy at the moment is the lack of raw materials and thus the shortage of aluminum compared to demand.

One of the largest aluminum producers in Italy is Profall, which supplies extruded aluminum to all industries.

The recent pandemic has also had a major effect on this market, especially given the role of China. Beijing is in fact the world's largest aluminum producer, and the city blockade has generated disruption to this industry worldwide.

Fortunately, after a difficult year, the commodities market and the aluminum market in particular are experiencing an important period of recovery, mainly due to the industrial recovery globally.

List of charts

  • Produzione di alluminio primario
  • Produzione alluminio primario
  • Breakdown of sales by product
  • Futturato produzione di alluminio
  • Aluminum export destinations
Show more Hide

All our studies are available online in PDF format

Take a look at an example of our research on another market!

Do you have a question about this study?   +44 238 097 0676

Companies quoted in this study

This study contains a complete overview of the companies in the market, with the latest figures and news for each company. :

Profilglass S.P.A.
Raffmetal S.P.A.
Intals S.P.A.
Laminazione Sottile S.P.A.
Slim Aluminum S.P.A.
Metra S.P.A.
Novelis Italia S.P.A.
Cuki Cofresco S.r.l.

Choosing this study means :

Access to more than 35 hours of work

Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.

Benefit from 6 years' experience and over 1,500 industry reports already produced

Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.

Our know-how and methodology enable us to produce reports that offer unique value for money.

Access to several thousand articles and paid-for data

Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).

To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)

Guaranteed support after your purchase

A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676

A digital format designed for our users

Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.

Our offers :

the aluminium market | Italy

89 €
  • What are the figures on the size and growth of the market?
  • What is driving the growth of the market and its evolution?
  • What is the positioning of companies in the value chain?
  • Data from several dozen databases

5 reports pack (-15%) IT Italy

75.6 € / study
378 € instead of 445 € -15%
  • 5 reports at €75.6 excluding VAT per study to choose from our Italian catalogue for 12 months
  • Save 15% on additional studies purchased
  • Choose to be refunded any unused credit at the end of the 12-month period (duration of the pack)

See the terms and conditions of the pack and the refund of unused credit.

Updates

Our customer references

They have consulted our studies Discover the opinions (+500)

Malcolm Vincent
Linkedin logo

Malcolm Vincent

Astoria Finance

Gregoire de Castelnau
Linkedin logo

Gregoire de Castelnau

Stags Participations

Timothé Huignard
Linkedin logo

Timothé Huignard

PWC

Paul-Alexis Kebabtchieff
Linkedin logo

Paul-Alexis Kebabtchieff

BCG

Aymeric Granet
Linkedin logo

Aymeric Granet

Publicis Consultant

interviews & case studies All interviews and case studies (45)

La pépite Interview

BFM Business

Paul-Alexis Kebabtchieff

Boston Consulting Group

Marie Guibart

Kea Partners

Elaine, Durand

Crédit Agricole, Information & Veille

Philippe Dilasser

Initiative & Finance

Anne Baudry

Metro

Amaury Wernert

Kroll (Duff & Phelps)

Smart Leaders Interview

B-Smart

Do you have a question ?
Our team is at your disposal at   +44 238 097 0676