The distribution of end-use shipments of aluminum products to the building and construction sector in the US and Canada shows a slight declining trend from 2024 to 2028, as the forecast projects a decrease from 1.26 million metric tons in 2024 to 1.19 million metric tons in 2028. Compared to 2023, where shipments were at 1.28 million metric tons, the trend indicates a steady decrease year-on-year. The compound annual growth rate (CAGR) over the forecasted period is negative, suggesting a shrinking demand or potential shifts within the industry.
Future trends to watch for include potential technological advancements and innovations in the aluminum industry, changes in construction materials preferences, and the influence of environmental policies on material choices. Additionally, economic factors and geopolitical dynamics might impact the demand and supply chain of aluminum products in the building and construction sector.
