Market Forecast 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) And Competitive Landscape
Product Code: ETC034430 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Aluminum Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.76% in 2027, following an initial rate of 14.92%, before easing to 15.29% at the end of the period.
By 2027, Vietnam's Aluminum market is forecasted to achieve a exponential growth rate of 16.76%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
In the Vietnam Aluminum market, there is a robust demand for aluminum products owing to their lightweight, corrosion-resistant, and recyclable properties. The market encompasses a wide range of products, including sheets, foils, and extruded products, catering to diverse industrial needs. With a focus on innovation and product development, key players are adapting to emerging trends, such as the rising preference for aluminum in the automotive and aerospace sectors. The market`s growth is further fueled by the country`s commitment to sustainable practices, with aluminum being a key material in the pursuit of eco-friendly solutions.
The Vietnam Aluminum Market is experiencing steady growth, propelled by the metal`s widespread use across diverse industries. From packaging to transportation and construction, aluminium`s lightweight and corrosion-resistant properties make it a versatile material. The market benefits from the country`s economic development, leading to increased demand for aluminium in infrastructure projects and manufacturing. Moreover, the shift towards sustainable packaging solutions and the metal`s recyclability contribute to its rising popularity. As industries across Vietnam recognize the value of aluminium in enhancing product efficiency and reducing environmental impact, the Vietnam Aluminum Market is positioned for continued expansion.
Similar to the broader aluminium market, the Vietnam Aluminum Market contends with challenges driven by global and local dynamics. Volatility in international aluminum prices directly affects the market`s competitiveness and profitability. Meeting the demand for diverse applications, from construction to automotive industries, necessitates a robust supply chain strategy. Environmental concerns surrounding aluminium extraction and processing require market participants to invest in eco-friendly practices, contributing to sustainable development. The market`s sensitivity to economic fluctuations poses challenges in demand forecasting and strategic planning. To thrive in the Vietnam Aluminum Market, industry players must address these multifaceted challenges with a resilient and forward-thinking approach.
The Vietnam Aluminum Market experienced a downturn during the COVID-19 pandemic, reflecting reduced demand across various industries. The automotive and construction sectors, major consumers of aluminum, witnessed slowdowns, impacting market dynamics. As the country reopens and economic activities resume, the aluminum market is anticipated to recover. Market players should strategize for agility and innovation to address the changing landscape, including increased emphasis on sustainability and environmentally friendly practices.
In the Vietnam Aluminum Market, major players like Vietnam National Coal-Mineral Industries Holding Corporation Limited (VINACOMIN), Hoa Phat Group, Asia Commodities, South Aluminum Corporation (SAC), and Nhan Co Alumina are key influencers. These companies play a crucial role in the production and distribution of aluminum products, addressing the diverse needs of industries. With a focus on quality and sustainable practices, these key players contribute significantly to the development and expansion of the Vietnam Aluminum Market.
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 Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Aluminum Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Aluminum Market - Industry Life Cycle |
3.4 Vietnam Aluminum Market - Porter's Five Forces |
3.5 Vietnam Aluminum Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Aluminum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Vietnam Aluminum Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Aluminum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Aluminum Market Trends |
6 Vietnam Aluminum Market, By Types |
6.1 Vietnam Aluminum Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Aluminum Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Aluminum Market Revenues & Volume, By Primary, 2021-2031F |
6.1.4 Vietnam Aluminum Market Revenues & Volume, By Secondary, 2021-2031F |
6.2 Vietnam Aluminum Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Aluminum Market Revenues & Volume, By Flat Rolled, 2021-2031F |
6.2.3 Vietnam Aluminum Market Revenues & Volume, By Castings , 2021-2031F |
6.2.4 Vietnam Aluminum Market Revenues & Volume, By Extrusions , 2021-2031F |
6.2.5 Vietnam Aluminum Market Revenues & Volume, By Forgings , 2021-2031F |
6.2.6 Vietnam Aluminum Market Revenues & Volume, By Pigments & Powder, 2021-2031F |
6.2.7 Vietnam Aluminum Market Revenues & Volume, By Rod & Bar, 2021-2031F |
6.3 Vietnam Aluminum Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Aluminum Market Revenues & Volume, By Transport, 2021-2031F |
6.3.3 Vietnam Aluminum Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Vietnam Aluminum Market Revenues & Volume, By Electrical Engineering, 2021-2031F |
6.3.5 Vietnam Aluminum Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.6 Vietnam Aluminum Market Revenues & Volume, By Foil & Packaging, 2021-2031F |
6.3.7 Vietnam Aluminum Market Revenues & Volume, By Machinery & Equipment, 2021-2031F |
7 Vietnam Aluminum Market Import-Export Trade Statistics |
7.1 Vietnam Aluminum Market Export to Major Countries |
7.2 Vietnam Aluminum Market Imports from Major Countries |
8 Vietnam Aluminum Market Key Performance Indicators |
9 Vietnam Aluminum Market - Opportunity Assessment |
9.1 Vietnam Aluminum Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Aluminum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Vietnam Aluminum Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Aluminum Market - Competitive Landscape |
10.1 Vietnam Aluminum Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Aluminum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |