Egypt Aluminum Market (2024-2030) | Trends, Size, Share, Revenue, Forecast, Industry, Companies, Value, Outlook, Growth & Analysis

Egypt Aluminum Market Highlights

Report Name	Egypt Aluminum Market
Forecast period	2024-2030
CAGR	4.9%
Growing Sector	The Electrical Engineering

Topics Covered in the Egypt Aluminum Market

Egypt Aluminum Market report thoroughly covers the market type, by product type, and by end users. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

Egypt Aluminum Market Synopsis

Egypt's aluminum market is slowly gaining momentum with the growing construction and automotive sectors. The construction industry accounts for over 60% of domestic demand for aluminum in the country, with significant demands from the housing and infrastructure sectors. On the other hand, the automotive industry has seen remarkable growth in the last decade, driven by increasing demand from the middle-class population.

According to 6Wresearch, the Egypt Aluminum Market size is estimated to grow at a CAGR of 4.9% during the forecast period 2024-2030. The country's strategic location, which makes it the gateway to African and European markets. Additionally, the increasing demand from various sectors such as construction, transportation, and packaging, among others, is boosting the growth of the aluminum industry in Egypt. Despite the growth prospect, the Egypt Aluminum industry faces some challenges that can affect its growth the unstable political climate in the country and the high energy costs and inadequate infrastructure (port facilities, roads, and railways). Nevertheless, the growing adoption of green technology, such as using solar power to reduce carbon emissions and cut costs. Another trend is the increasing use of recycled aluminum, which is sustainable, cost-effective, and has a lower carbon footprint.

Government Initiatives Introduced in the Egypt Aluminum Market

The Egyptian government has taken several initiatives to encourage the growth of the aluminum industry. Notably, the government has developed a five-year plan that seeks to increase the industry's production capacity by 44.5% to over 1.6 million tons. Additionally, the government plans to invest over $4 billion to upgrade the country's infrastructure, including port facilities, roads, and railways, to increase the industry's competitiveness.

Key Players in the Egypt Aluminum Market

There are several key players in Egypt's aluminum market. Some of the notable players include the

• Egyptian Aluminum Company (EGAL)
• El Nasr Company for Intermediate Chemicals (NCIC)
• Alexandria Aluminum Company (AAC)

These companies offer a wide range of products such as extrusion, casting, rolling, and foil products that cater to various industries.

Future Insights of the Egypt Aluminum Market

As the world moves towards a more sustainable and energy-efficient future, the Egypt aluminum market has a unique opportunity to capitalize on these trends. The demand for lightweight, durable, and sustainable aluminum products is expected to increase in the future. Additionally, the government of Egypt has set ambitious targets for renewable energy and infrastructure development, which will create more opportunities for the aluminum industry.

Market Analysis by Product Type

According to Nitesh, Research Manager, 6Wresearch, extrusions are leading in the market underpinned by their features such as versatile, cost-effective, environmentally sustainable, durable and accessible, making it the preferred option for various industries in the country.

Market Analysis by End-Users

Based on the end users, The electrical engineering sector has shown the massive growth in the market owing to it has wide use in electrical engineering, driven by its electrical conductivity, and corrosion resistance. The use of aluminum in electrical applications such as conductors, transformers, and capacitors has dramatically grown in Egypt.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Egypt Aluminum Market Outlook
• Market Size of Egypt Aluminum Market, 2023
• Forecast of Egypt Aluminum Market, 2030
• Historical Data and Forecast of Egypt Aluminum Revenues & Volume for the Period 2020 - 2030
• Egypt Aluminum Market Trend Evolution
• Egypt Aluminum Market Drivers and Challenges
• Egypt Aluminum Price Trends
• Egypt Aluminum Porter's Five Forces
• Egypt Aluminum Industry Life Cycle
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Primary for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Secondary for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Product Type for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Flat Rolled for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Castings? for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Extrusions? for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Forgings? for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Pigments & Powder for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Rod & Bar for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By End-users for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Transport for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Building & Construction for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Electrical Engineering for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Consumer Goods for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Foil & Packaging for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Machinery & Equipment for the Period 2020 - 2030
• Historical Data and Forecast of Egypt Aluminum Market Revenues & Volume By Others for the Period 2020 - 2030
• Egypt Aluminum Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By End-users
• Egypt Aluminum Top Companies Market Share
• Egypt Aluminum Competitive Benchmarking By Technical and Operational Parameters
• Egypt Aluminum Company Profiles
• Egypt Aluminum Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Primary
• Secondary

By Product Type

• Flat Rolled
• Castings
• Extrusions
• Forgings
• Pigments & Powder
• Rod & Bar

By End-Users

• Transport
• Building & Construction
• Electrical Engineering
• Consumer Goods
• Foil & Packaging
• Machinery & Equipment
• Others

Egypt Aluminum Market (2024-2030): FAQs