Home / Metal News / Global Aluminum Demand May Grow 95% to 74 Million Tons in 2020, Group Says

Global Aluminum Demand May Grow 95% to 74 Million Tons in 2020, Group Says

iconJun 23, 2010 00:00

TOKYO, June 23 -- Global aluminum demand is expected to grow 95 percent to 74 million metric tons in 2020 from 38 million tons in 2010, the Japan Aluminium Association said today.

Supply capacity of the metal used for cars and houses is forecast to increase 47 percent to 66 million tons in 2020, the group said in a statement.

Members of the Japan Aluminium Association include Furukawa-Sky Aluminum Corp., Kobe Steel Ltd. and Nippon Light Metal Co.


 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn