The forecast for stocks of purchased aluminum old scrap extrusions at secondary smelters in the US indicates a steady increase. In 2023, the value stood at 9.7 thousand metric tons. From 2024 to 2028, the expected values range from 10.32 to 12.83 thousand metric tons, reflecting year-on-year growth percentages of 6.2% (2024-2025), 5.7% (2025-2026), and 5.4% (2026-2027), with a projected CAGR of approximately 5.9% from 2023 to 2028.
Future trends to watch for:
- Potential impacts of technological advancements in recycling processes.
- Environmental regulations influencing supply and demand dynamics.
- Economic factors affecting construction and automotive industries, major consumers of aluminum extrusions.