Vietnam Aluminum rolling and drawing Market (2025-2031) | Outlook, Growth, Trends, Forecast, Industry, Revenue, Analysis, Share, Size, Value & Companies

Market Forecast By Types (Aluminum Sheet/Strip, Aluminium Foil), By End-Use Industry (Automotive & Transportation, Automotive, Aerospace, Ship building, Building & Infrastructure, Packaging, Consumer Durables, Others) And Competitive Landscape

Product Code: ETC028070 Publication Date: Aug 2023 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Aluminum rolling and drawing Market Highlights

Report Name Vietnam Aluminum rolling and drawing Market 
Forecast period 2025-2031
Market Size USD 1.9 Billion by 2031
CAGR 5.9%
Growing Sector Automotive

Topics Covered in the Vietnam Aluminum Rolling and Drawing Market Report

The Vietnam Aluminum Rolling and Drawing market report thoroughly covers the market by type and by end use industry. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Vietnam Aluminum Rolling and Drawing Market Size & Analysis

In 2025, the Vietnam Aluminum Rolling and Drawing market is valued at approximately $ 1.3 billion, with a projected compound annual growth rate (CAGR) of 5.9% over the next five years. Additionally, by 2031, the market is expected to reach around $ 1.9 billion. The automotive sector holds significant position in the overall market.

Vietnam Aluminum Rolling and Drawing Market Synopsis

The aluminum rolling and drawing market in Vietnam is experiencing robust growth, fueled by the increasing demand across various industries, including automotive, construction, and packaging. The automotive sector’s shift towards lightweight materials, especially in electric vehicles (EVs), is a key driver, as aluminum is crucial for reducing vehicle weight and improving fuel efficiency. In construction, aluminum’s use in energy-efficient and sustainable building materials such as windows, facades, and roofing is expanding due to the country’s rapid urbanization and infrastructure development. Additionally, the packaging industry is increasingly adopting aluminum for its recyclability and preservation properties. With a strong industrial base, favorable government policies, and growing environmental consciousness, the aluminum rolling and drawing market in Vietnam is expected to continue its upward trajectory in the coming years.

According to 6Wresearch, Vietnam Aluminum Rolling and Drawing market size is projected to grow at a CAGR of 5.9% during 2025-2031. The growth of the aluminum rolling and drawing market in Vietnam is driven by several key factors, including the rapid expansion of the automotive sector, which increasingly relies on aluminum to reduce vehicle weight and improve fuel efficiency, especially for electric vehicles (EVs). The construction industry’s shift towards sustainable and energy-efficient materials further fuels the demand for aluminum in building products like windows, facades, and roofing.

Additionally, the growing preference for recyclable and durable aluminum in packaging is boosting the market. However, the Vietnam Aluminum Rolling and Drawing industry faces challenges such as the high energy consumption of aluminum production processes, which require significant investments in energy-efficient technologies. The reliance on imported raw materials can also impact costs and supply chain stability. Furthermore, although the market is expanding, competition from other regional producers and fluctuations in global aluminum prices pose risks to profit margins. Despite these challenges, the market is poised for continued growth due to the country's developing industrial base, urbanization, and focus on sustainability.

Vietnam Aluminum Rolling and Drawing Market Trends

  • Sustainability Focus - Growing demand for recycled aluminum and environmentally friendly manufacturing processes in response to global sustainability trends.
  • Lightweighting in Automotive - Increased adoption of aluminum in the automotive sector, especially for electric vehicles (EVs), to reduce weight and improve energy efficiency.
  • Energy-Efficient Construction - Rising use of aluminum in construction for energy-efficient and eco-friendly building materials such as windows, cladding, and roofing.
  • Packaging Demand - Increased use of aluminum in packaging, particularly for food, beverages, and pharmaceuticals, driven by its recyclability and ability to preserve product quality.
  • Technological Advancements - Implementation of advanced manufacturing technologies, such as automation and AI, to improve the precision and efficiency of aluminum rolling and drawing processes.
  • Government Support for Green Initiatives - Vietnam's growing focus on green energy and sustainability, with government policies encouraging the use of aluminum in eco-friendly and energy-efficient products.

Investment Opportunities in the Vietnam Aluminum Rolling and Drawing Market

  • Recycling Facilities - Investment in aluminum recycling infrastructure to meet growing demand for sustainable production and reduce reliance on raw material imports.
  • Electric Vehicle (EV) Components - Expansion of aluminum production for use in electric vehicles, focusing on lightweighting solutions and energy-efficient parts.
  • Energy-Efficient Manufacturing - Investment in energy-efficient technologies and renewable energy sources for aluminum production to reduce carbon emissions and lower operational costs.
  • Aluminum for Construction - Increased investment in aluminum products for the construction industry, particularly for energy-efficient and sustainable building materials.

Key Players in the Vietnam Aluminum Rolling and Drawing Market

Key companies in the Vietnam aluminum rolling and drawing market include Hoa Sen Group, a leading producer of aluminum products, primarily catering to the construction and automotive industries with a focus on sustainable and energy-efficient materials. Viet Phat Aluminum, another major player, specializes in manufacturing aluminum sheets and coils for both domestic and international markets, with applications in construction, packaging, and automotive sectors. Dong A Aluminum, known for its extensive range of aluminum products, including foils, sheets, and coils, serves industries such as packaging and construction. Aluminum Vietnam Co. Ltd. is also a significant contributor, producing high-quality aluminum products for automotive, electronics, and industrial applications. These companies are positioning themselves as key players by embracing technological advancements, expanding production capacity, and prioritizing sustainability in their operations to meet the growing demand for aluminum products in Vietnam.

Government Regulations in the Vietnam Aluminum Rolling and Drawing Market

Government regulations in the Vietnam aluminum rolling and drawing market are largely shaped by environmental protection laws and industry standards aimed at promoting sustainable practices. The Vietnam Ministry of Natural Resources and Environment enforces regulations related to waste management, air quality control, and emissions from industrial processes, ensuring that aluminum manufacturers comply with national environmental standards.

Additionally, the Vietnam Environment Protection Law mandates the reduction of industrial pollution and promotes recycling, encouraging aluminum producers to adopt energy-efficient technologies and sustainable production methods. The government also supports the development of green industries through incentives, aligning with the broader Vietnam Green Growth Strategy, which focuses on reducing carbon emissions and promoting sustainable materials. Furthermore, regulations related to the use of aluminum in construction and packaging are continuously evolving to support eco-friendly building practices and recyclable packaging solutions. These regulatory frameworks are helping shape the future of the aluminum industry, pushing companies to prioritize environmental responsibility alongside growth.

Future Insights of the Vietnam Aluminum Rolling and Drawing Market

The future of the Vietnam aluminum rolling and drawing market looks promising, with continued growth driven by the expanding automotive, construction, and packaging sectors. As the demand for electric vehicles (EVs) increases, the need for lightweight aluminum components will continue to rise, particularly for body panels, battery casings, and structural elements. The construction sector’s focus on sustainability and energy-efficient materials will further boost the use of aluminum in building projects, such as eco-friendly facades, windows, and roofing. Additionally, the growing shift towards recyclable packaging materials will drive further demand in the packaging industry. With government support for green initiatives and advancements in aluminum production technologies, including energy-efficient methods and new alloy developments, the aluminum market in Vietnam is well-positioned for sustained growth.

Aluminium Sheet Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the aluminum sheet category in Vietnam is experiencing strong growth, driven by the rising demand from key sectors such as construction, automotive, and packaging. In construction, aluminum sheets are increasingly used for energy-efficient building materials, including roofing, cladding, and facades, due to their lightweight, durable, and corrosion-resistant properties. The automotive industry is also a major contributor to growth, with aluminum sheets used in vehicle body panels to reduce weight and enhance fuel efficiency. Additionally, the packaging industry’s preference for recyclable materials is fueling the demand for aluminum sheets, particularly in food and beverage packaging.

Automotive Sector to Dominate the Market – By End-Use Industry

The automotive end-user segment in Vietnam’s aluminum market is experiencing significant growth, primarily driven by the shift toward lightweight materials that improve fuel efficiency, reduce emissions, and enhance vehicle performance. Aluminum is increasingly used in the manufacturing of car body panels, engine components, and chassis, as it helps reduce vehicle weight and contributes to meeting stricter environmental standards. With the growing adoption of electric vehicles (EVs) in the region, aluminum's role becomes even more critical, as it supports better battery efficiency and overall vehicle performance.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2023.
  • Base Year - 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Vietnam Aluminum Rolling and Drawing Market Overview
  • Vietnam Aluminum Rolling and Drawing Market Outlook
  • Market Size of Vietnam Aluminum Rolling and Drawing Market, 2024
  • Forecast of Vietnam Aluminum Rolling and Drawing Market, 2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Revenues & Volume for the Period 2021-2031
  • Vietnam Aluminum Rolling and Drawing Market Trend Evolution
  • Vietnam Aluminum Rolling and Drawing Market Drivers and Challenges
  • Vietnam Aluminum Rolling and Drawing Price Trends
  • Vietnam Aluminum Rolling and Drawing Porter's Five Forces
  • Vietnam Aluminum Rolling and Drawing Industry Life Cycle
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Aluminum Sheet/Strip for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Aluminium Foil for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By End-Use Industry for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Automotive & Transportation for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Aerospace for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Ship building for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Building & Infrastructure for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Packaging for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Consumer Durables for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Aluminum Rolling and Drawing Market Revenues & Volume, By Others for the Period 2021-2031
  • Vietnam Aluminum Rolling and Drawing Import Export Trade Statistics
  • Market Opportunity Assessment, By Type
  • Market Opportunity Assessment, By End-User Industry
  • Vietnam Aluminum Rolling and Drawing Market - Top Companies Market Share
  • Vietnam Aluminum Rolling and Drawing Market - Competitive Benchmarking, By Technical and Operational Parameters
  • Vietnam Aluminum Rolling and Drawing Market - Company Profiles
  • Vietnam Aluminum Rolling and Drawing Market - Key Strategic Recommendations

Markets Covered

The Vietnam Aluminum Rolling and Drawing market report provides a detailed analysis of the following market segments -

By Type

  • Aluminum Sheet
  • Strip
  • Aluminium Foil

By Distribution Channel

  • Automotive & Transportation
  • Automotive
  • Aerospace
  • Ship Building
  • Building & Infrastructure
  • Packaging
  • Consumer Durables
  • Others

Vietnam Aluminum rolling and drawing Market (2024-2030): FAQs

The market growth is driven by rising demand across industries such as automotive, aerospace, construction, and packaging, where lightweight and durable materials are essential.
The aluminium sheet category is expected to register massive growth over the years.
The automotive end user holds the highest market share.
Norsk Hydro ASA, Arconic Corporation, Constellium SE and Novelis Inc. are some of the prominent players in the Vietnam Aluminum Rolling and Drawing market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Vietnam Aluminum rolling and drawing Market Overview
3.1 Vietnam Country Macro Economic Indicators
3.2 Vietnam Aluminum rolling and drawing Market Revenues & Volume, 2021 & 2031F
3.3 Vietnam Aluminum rolling and drawing Market - Industry Life Cycle
3.4 Vietnam Aluminum rolling and drawing Market - Porter's Five Forces
3.5 Vietnam Aluminum rolling and drawing Market Revenues & Volume Share, By Types, 2021 & 2031F
3.6 Vietnam Aluminum rolling and drawing Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F
4 Vietnam Aluminum rolling and drawing Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Vietnam Aluminum rolling and drawing Market Trends
6 Vietnam Aluminum rolling and drawing Market, By Types
6.1 Vietnam Aluminum rolling and drawing Market, By Types
6.1.1 Overview and Analysis
6.1.2 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Types, 2021-2031F
6.1.3 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Aluminum Sheet/Strip, 2021-2031F
6.1.4 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Aluminium Foil, 2021-2031F
6.2 Vietnam Aluminum rolling and drawing Market, By End-Use Industry
6.2.1 Overview and Analysis
6.2.2 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Automotive & Transportation, 2021-2031F
6.2.3 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Automotive, 2021-2031F
6.2.4 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Aerospace, 2021-2031F
6.2.5 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Ship building, 2021-2031F
6.2.6 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Building & Infrastructure, 2021-2031F
6.2.7 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Packaging, 2021-2031F
6.2.8 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Others, 2021-2031F
6.2.9 Vietnam Aluminum rolling and drawing Market Revenues & Volume, By Others, 2021-2031F
7 Vietnam Aluminum rolling and drawing Market Import-Export Trade Statistics
7.1 Vietnam Aluminum rolling and drawing Market Export to Major Countries
7.2 Vietnam Aluminum rolling and drawing Market Imports from Major Countries
8 Vietnam Aluminum rolling and drawing Market Key Performance Indicators
9 Vietnam Aluminum rolling and drawing Market - Opportunity Assessment
9.1 Vietnam Aluminum rolling and drawing Market Opportunity Assessment, By Types, 2021 & 2031F
9.2 Vietnam Aluminum rolling and drawing Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F
10 Vietnam Aluminum rolling and drawing Market - Competitive Landscape
10.1 Vietnam Aluminum rolling and drawing Market Revenue Share, By Companies, 2024
10.2 Vietnam Aluminum rolling and drawing Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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