£1.4bn
£XXX.Xm
3,360
114
£XXX.Xm
Aluminium is a high-strength, low-weight metal widely used across manufacturing and construction industries. Aluminium is extensively used in construction to create structural frames and fenestration and in car manufacturing to produce several parts, including engines, suspensions, wheels, chassis, etc. The aluminium production industry's revenue is forecast to contract at a compound annual rate of 5.1% over the five years through 2024-25. Aluminium producers were hit especially hard by COVID-19, which disrupted supply chains and reduced exports and downstream demand from construction and manufacturing, tanking revenue in 2020-21.
Industry revenue has declined at a CAGR of 5.1 % over the past five years, to reach an estimated £1.4bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Novelis UK Ltd | 569.0 | |
Norsk Hydro ASA | 208.5 | |
Swan Alloy UK Ltd | 76.6 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Unwrought primary aluminium, Unwrought secondary aluminium and Basic shapes. Unwrought primary aluminium is the largest segment of the Aluminium Production in the UK.
Aluminium oxide only makes up a fraction of industry revenue despite its many applications
Manufacturers in this industry smelt aluminium from alumina, recycled scrap aluminium and produced basic aluminium shapes such as plates, bars, foil and wire. The production of aluminium alloys and rolled aluminium products is included in the industry. Manufacturers also sell unwrought aluminium and alumina.
Purchase this report to view all 4 major companies in this industry.
SIC 24.42 - Aluminium Production in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
COVID-19 plunged the aluminium industry into turmoil. The sector experienced severe disruption from COVID-19, primarily because the UK lacks native bauxite and global supply ...
Learn about an industry's products and services, markets and trends in international trade.
Construction underpins aluminium shape demand. Heightened activity in the UK's construction sector bolsters demand for treated aluminium shapes like plates and bars, propelli...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Regional advantages enhance the UK's aluminium production. Locations like the West Midlands, the South East and the North West use their transport links, manufacturing histor...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Large manufacturers dominate the UK aluminium industry. They leverage their substantial size to control significant market share, thereby reducing their per-unit production c...
Learn about the performance of the top companies in the industry.
Novelis UK focuses on exports to the EU. The aluminium giant Novelis UK heavily leverages exports to the EU, attributing a whopping 97.92% of its 2021-22 revenue to European ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
UK aluminium producers navigate strict regulations. Regulations, including the UKCA, the Health and Safety at work act 1974, Environmental Permitting Regulations 2016 and UK ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The aluminium market's volatility impacts manufacturers' profit. Due to disruptions in supply chains and high energy costs inflating production expenses, profitability in the...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Aluminium Production in the UK industry in United Kingdom is £1.4bn in 2024.
There are 114 businesses in the Aluminium Production in the UK industry in United Kingdom, which has declined at a CAGR of 3.5 % between 2019 and 2024.
The market size of the Aluminium Production in the UK industry in United Kingdom has been declining at a CAGR of 5.1 % between 2019 and 2024.
Over the next five years, the Aluminium Production in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Aluminium Production market in United Kingdom are Novelis UK Ltd, Norsk Hydro ASA and Swan Alloy UK Ltd
Unwrought primary aluminium and Unwrought secondary aluminium are part of the Aluminium Production in the UK industry.
The company holding the most market share in United Kingdom is Novelis UK Ltd.
The level of competition is high and increasing in the Aluminium Production in the UK industry in United Kingdom.