Automotive Aluminium: Market Size & Forecast 2026

The global automotive aluminium market is valued at approximately USD 32.5 billion in 2025, growing at a 5.8% CAGR to reach roughly USD 48.5 billion by 2032. The market sits in a structurally tight balance: average vehicle aluminium content continues its multi-decade upward trajectory, European light vehicles now average 205 kg per vehicle, up 18% from 174 kg in 2019, but supply-side disruptions have tightened the availability picture. The September 2025 Novelis fire, which removed 40% of domestic US auto-grade rolled aluminium capacity, coincided with Strait of Hormuz closures that curtailed Gulf smelter output, creating the worst supply picture for automakers in decades. US Section 232 duties now sit at 50% on aluminium imports, applied to the full customs value since 6 April 2026, reshaping origin economics across North America. > **Analyst Take.** The call is not to chase spot-market

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