Alumina consumption in the US is projected to decline from 2.39 million metric tons in 2024 to 1.97 million metric tons by 2028. The year-on-year variation shows a steady decrease: -4.6% from 2024 to 2025, -4.4% from 2025 to 2026, -5.0% from 2026 to 2027, and -4.8% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is roughly -4.7%.
Future trends to watch for:
- Shifts in manufacturing processes that may affect alumina demand
- Innovations in alternative materials
- Market responses to environmental regulations and sustainability goals
- Potential changes in trade policies impacting alumina imports and exports
