Top 10 Largest Aluminium Companies in the World 2020
largest aluminium producing countries

The steady growth of the global aluminium industry continues to be fuelled by the world’s top 10 largest aluminium companies and the top 10 leading aluminium producing countries in 2020. The rising demand of aluminium is mainly posed by the boom of the downstream industries such as automotive, packaging, electrical applications, construction, and consumer products etc. As the consumption of aluminium in various of industries around the world still remains high, those world’s largest aluminium manufacturers are expected to increase their revenues, while the business opportunities in the global aluminium market are projected to flourish further in the near future.

This industry fact sheet is to assist industry professionals, investors, and people in general that are interested in gaining insights into the global aluminium industry including:

  • How much is the global steel market worth?
  • What is the latest world steel production?
  • Which country has the largest aluminium production?
  • Who are the top 10 largest aluminium producing countries?
  • Who is the largest aluminium company in the world?

Bizvibe’s smart B2B marketplace solution helps buyers and suppliers in the global aluminium industry to find and connect with each other, shorten sourcing and purchasing cycles, and maximise profit growth. Join today to see how BizVibe can help your business grow!

Global Aluminium Industry Analysis

Due to its advantages of light weight and resistance to corrosion, aluminium is one of the world’s most important and widely used non-ferrous metal materials in various of industrial, commercial, and domestic applications. Thus, the production and consumption of aluminium around the world also reflects the economy performance.

According to the latest data from International Aluminium Institute, the global primary aluminium production amounted 63.7 million metric tonnes in 2019, slightly reduced from 64.3 million metric tonnes in 2018. Another recent market report from Allied Market Research also shows that the global aluminium market size was valued at $147.2 billion in 2018, and is expected to reach $189.8 billion by 2026, registering a strong CAGR of 3.2% during the forecast period.

The growth of the global aluminium market is mainly driven by the rapid development of downstream industries including transportation, construction, electrical engineering, packaging and consumer goods sectors etc. Meanwhile, technological advancements in aluminium manufacturing as well as aluminium recycling also play an important role in propelling the growth of the global aluminium market in the near future.

Geographically, Asia-Pacific, led by China and India, is the largest aluminium markets in terms of production and consumption, followed by followed by Europe and North America. Asia-Pacific’s dominant position in the global aluminium industry mainly attributed to its massive urbanization, increasing income, and rapid industrial development in the region.

Top 10 Largest Aluminium Producing Countries 2020

Rank

Country

2019 Production (Thousand Tonnes)

1

China

36,000

2

India

3,700

3

Russia

3,600

4

Canada

2,900

5

UAE

2,700

6

Australia

1,600

7

Bahrain

1,400

8

Norway

1,300

9

U.S.

1,100

10

Iceland

850

Source: USGS

China remains on the No.1 spot on the chart of the world’s top 10 largest aluminium producing countries in 2020. China’s production of aluminium has surged from around 16 million metric tonnes in 2010 to a whopping 36 million metric tonnes in 2019, mainly driven by its booming downstream sectors, particularly the automotive industry and construction industry. In recent years, the Chinese government has been targeting a capacity reduction of up to 30% of the country’s full aluminium output capacity since 2017 as part of nation’s “supply-side reform” to tackle chronic overproduction and environment pollution. Despite the significantly cut on its aluminium production capacity, China is still the world’s largest aluminium producer in 2020, accounting for over 55.6% of the world’s total aluminium production.

Other world’s top 10 largest aluminium producing countries in 2020 include India, Russia, Canada, UAE, Australia, Bahrain, Norway, the U.S., and Iceland. Together, these top 10 largest aluminium producers account for over 85.6% of the world’s total aluminium production volume every year, and their leading position in the global market is expected to continue in the coming years.

Top 10 Largest Aluminium Companies in the World 2020

Rank

Company

Country

2019 Aluminium Production Capacity (million tons)

1

Chalco

China

6.7

2

Hongqiao

China

6.5

3

Rusal

Russia

3.9

4

Xinfa

China

3.7

5

Rio Tinto Alcan

Australia

3.5

6

Alcoa

U.S.

3.1

7

Emirates Global Aluminium

UAE

2.6

8

Norsk Hydro

Norway

1.9

9

East Hope Group Company Limited

China

1.5

10

China Power Investment Corp. (CPI)

China

1.2

Chalco

Aluminum Corporation of China (Chalco) is the world’s largest alumina producer and largest aluminium company by production volume, with operations in bauxite and coal mining, alumina refining and primary aluminium smelting. Headquartered in Beijing, China, the company is also involved in producing and selling aluminium alloy products, carbon products, and other electrolytic aluminium products. Chalco also has business operations in other segments such as energy, trading, corporate and others.

Hongqiao Group

China Hongqiao Group Limited is a leading Chinese aluminium producer based in Shangdong. The Group is mainly engaged in the production and sales of molten aluminium alloy, aluminium alloy ingots, aluminium alloy casting-rolling products and aluminium busbars. Today, it is one of the top 10 largest aluminium companies in the world.

Rusal

Rusal is a leading Russian aluminium producer based in Moscow. The company is engaged in the production and sale of primary aluminium and other related products. The company is involved in mining and refining of bauxite into alumina. The company is currently one of the world’s largest aluminium companies by production, and it has 10 aluminium smelters, of which nine are in Russia and one in Sweden.

Xinfa

Xinfa Group is another world’s largest aluminium manufacturer based in Guangdong, China. The Company mainly produces and processes electrolytic aluminium and other related aluminium products. Xingfa Aluminium is one of the oldest aluminium extrusion producers in Chinese mainland and has now become a large-scale enterprise specializing in the production of construction and industrial aluminium profiles.

Rio Tinto

Rio Tinto’s aluminium division is a subsidiary of the world’s leading mining company Rio Tinto, based in Montreal. Rio Tinto operates through several mining and metal manufacturing businesses, including iron ore, aluminium, copper and diamonds, energy and minerals, and other operations. The company has 24 production sites across the globe. Products of the company include sheet ingot, extrusion billet, forging stock, and others.

Alcoa

Alcoa is one of the world’s leaders in the production of Bauxite, Alumina and Aluminium products, with corporate headquarters in Pittsburgh, Pennsylvania. Alcoa conducts business across 10 countries and has facilities located in Australia, Guinea, Suriname, Texas, Sao Luis, Brazil, and Spain. Alcoa has the largest bauxite mining operations in the world, a leading alumina refining system, as well as a global network of aluminium smelting plants.

Emirates Global Aluminium

Emirates Global Aluminium is the world’s leading aluminium producer based in the UAE. The company produces high-quality aluminium products in three main categories including primary aluminium, bauxite, and water. Its product portfolio comprises of high-purity and foundry re-melt products, rolling products, and billets for extrusion and forging.

Norsk Hydro

Headquartered in Norway, Hydro is one of the world’s leading company in areas of Bauxite & Alumina, Primary Metal, Rolled Products, Extruded Solutions, and Energy. Hydro is engaged within all market segments for aluminium, from production of the primary metal to recycling and repurposing it. Today, Hydro is a fully integrated aluminium company with 35000 employees with operations in 40 countries.

East Hope Group Company Limited

East Hope Group Co. Ltd is one of the largest investment companies in China. The Company invests in electricity, aluminium, non-ferrous metals, bio-chemicals, and other industries. It owns and operates several largest aluminium smelters in China and abroad, making it one of the largest aluminium companies in the world.

China Power Investment Corp

China Power Investment Corporation, known as CPI, is one of largest state-owned electricity producers and investment companies in China. Headquartered in Beijing, China, CPI has huge capacities in electricity, coal production, aluminium smelting, alumina refinery, and bauxite production. It is now one of the world’s top 10 aluminium producers.

Global Aluminium Market Trends for Future

The growing demand and usage for recycled aluminium have become one of the major trends in the global aluminium market. Aluminium is also well-known for being a widely recycled metal, with over 75% of all produced aluminium still in circulation and being reused around the world. Meanwhile, the production process of secondary aluminium is more energy-efficient than the primary production process which further increases its significance in end-user industries. Growing demand and increasing use of recycled aluminium products are expected to create more lucrative opportunities in the global market for the near future.

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