From Turkey to China: Which companies are leading global aluminum foil production?

The market for aluminum foil has expanded to a total of USD 38.55 billion in 2024 and will continue to grow at a CAGR of 5.05 per cent till 2030. This is largely due to capital investments made by major manufacturers in their production capacity and the expanding applications of aluminum foil in various sectors such as packaging, construction, energy, electrical products, and electric cars.

The major aluminum foil producing companies are: Assan Aluminum, Turkey Assan Alüminyum, a subsidiary of Kibar Holding, has been a leading producer of flat-rolled aluminum products since 1988. Its outputs cater to the packaging, distribution, construction, consumer durables, automotive, as well as HVAC sectors. According to its Sustainability Report in 2024,