
Aluminum is a lightweight, silvery-white metal used in an immense variety of products, including cans, high-rise buildings, foils, kitchen utensils, window frames, beer kegs, automotive, and airplane parts.
According to Fortune Business Insights, the global aluminum market size is estimated to grow at a CAGR of 5.7% between 2020 and 2027, hitting $242.44 billion in the terminal year. The increasing demand for aluminum from the automotive and building & construction industries should support the market growth in the long term.