Asia Pacific Aluminum Market: By Product (Flat Rolled, Pigment & Powder, Forgings, Extrusions, Castings, Rod & Bar and Others), Type (Secondary/Recycled Aluminum and Primary Aluminum), Application (Building & Construction, Consumer Goods, Electrical, Foil & Packaging, Hardware & Accessories, Machinery & Equipment, Solar Industry, Transportation, Utensils and Others) and Geography  

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Asia Pacific Aluminum Market size was valued at USD 73.5 billion in 2023 and expected to reach USD 121.2 billion by 2030, at a CAGR of 7.3% from 2024-2030. Some of the key factors responsible for the market growth include rise in Asia Pacific economic growth rate, continuous advancements in transport industry, ongoing R&D activities to develop innovative and growing automobile industry. Moreover, an increase in net aluminum pounds per vehicle is one of the major trends being witnessed in this market. The easy accessibility of numerous alternatives for aluminum is one major challenge challenging the Asia Pacific market. Some of the few materials that can substitute aluminum in the packaging industry are plastic, glass and paper. These substitutes are extensively used in the transportation, construction, packaging and electrical and electronic industries among others. Hence, presence of substitutes may pose a threat to the market growth. Asia Pacific aluminum market is surging owing to frequent acquisitions and launchings by the market players. For instance, Alcoa together with Rio Tinto announced world’s first carbon-free aluminum smelting process.  This is a revolutionary smelting process that can deliver a significant reduction in carbon emissions. It builds on the key role aluminium has to play in driving human progress, by making products infinitely recyclable, stronger, lighter and more fuel efficient.

Asia Pacific Aluminum Market Dynamics

The booming construction sector in countries will positively impact the market. Aluminum is engaged in the construction industry owing to its performance properties such as high reflectivity, design, high strength-to-weight ratio, durability, flexibility, and low maintenance. They are generally used in structural components of a building during its construction. In the development of infrastructure such as flyovers and bridges besides commercial and residential buildings aluminum alloys are used due to their properties such as lightness of weight and high corrosion resistance.

Key Features of the Reports

  • Asia Pacific aluminum market expanding at significant CAGR over 2024 to 2030 owing to growing automobile industry.
  • Based on application, foil & packaging segment accounted for larger market revenue share in 2023 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in Asia Pacific Aluminum market

Asia Pacific Aluminum Market Segmentation

By Product Type
  • Flat Rolled,
  • Pigment & Powder,
  • Forgings,
  • Extrusions,
  • Castings,
  • Rod & Bar and
  • Others
By Type
  • Secondary/Recycled Aluminum
  • Primary Aluminum
By Application
  • Building & Construction
  • Consumer Goods
  • Electrical
  • Foil & Packaging
  • Hardware & Accessories
  • Machinery & Equipment
  • Solar Industry
  • Transportation
  • Utensils
  • Others

Frequently Asked Questions

2023 is the base year and 2030 is the forecast year.

The report covers the asia pacific aluminum market data: China, India, Japan, Australia & New Zealand

The asia pacific aluminum market key players are Alcoa Corporation (U.S.), Aluminum Bahrain (Bahrain), Emirates Asia Pacific Aluminum PJSC (UAE), Hindalco Industries Limited (India), Norsk Hydro ASA (Norway), Rio Tinto Alcan Inc.

1.Executive Summary
2. Asia Pacific Aluminum Market Introduction 
2.1. Asia Pacific Aluminum Market  - Taxonomy
2.2. Asia Pacific Aluminum Market  - Definitions
2.2.1.By Product Type
2.2.2.by Type
2.2.3.By Application
2.2.4.Region
3. Asia Pacific Aluminum Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Asia Pacific Aluminum Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Asia Pacific Aluminum Market  By By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Flat Rolled,
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Pigment & Powder,
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Forgings,
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Extrusions,
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Castings,
5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Rod & Bar and
5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Asia Pacific Aluminum Market  By by Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Secondary/Recycled Aluminum
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Primary Aluminum
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Asia Pacific Aluminum Market  By By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Building & Construction
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Consumer Goods
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Electrical
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Foil & Packaging
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Hardware & Accessories
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Machinery & Equipment
7.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Solar Industry
7.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
7.8. Transportation
7.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.8.3. Market Opportunity Analysis 
7.9. Utensils
7.9.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.9.3. Market Opportunity Analysis 
7.10. Others
7.10.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.10.3. Market Opportunity Analysis 
8. Asia Pacific Aluminum Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. China
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. India
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Australia and New Zealand (ANZ)
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Japan
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Rest of APAC
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.China Aluminum Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. By Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Flat Rolled,
9.1.2.Pigment & Powder,
9.1.3.Forgings,
9.1.4.Extrusions,
9.1.5.Castings,
9.1.6.Rod & Bar and
9.1.7.Others
9.2.  by Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Secondary/Recycled Aluminum
9.2.2.Primary Aluminum
9.3.  By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Building & Construction
9.3.2.Consumer Goods
9.3.3.Electrical
9.3.4.Foil & Packaging
9.3.5.Hardware & Accessories
9.3.6.Machinery & Equipment
9.3.7.Solar Industry
9.3.8.Transportation
9.3.9.Utensils
9.3.10.Others
10.India Aluminum Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. By Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Flat Rolled,
10.1.2.Pigment & Powder,
10.1.3.Forgings,
10.1.4.Extrusions,
10.1.5.Castings,
10.1.6.Rod & Bar and
10.1.7.Others
10.2.  by Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Secondary/Recycled Aluminum
10.2.2.Primary Aluminum
10.3.  By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Building & Construction
10.3.2.Consumer Goods
10.3.3.Electrical
10.3.4.Foil & Packaging
10.3.5.Hardware & Accessories
10.3.6.Machinery & Equipment
10.3.7.Solar Industry
10.3.8.Transportation
10.3.9.Utensils
10.3.10.Others
11.Australia and New Zealand (ANZ) Aluminum Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. By Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Flat Rolled,
11.1.2.Pigment & Powder,
11.1.3.Forgings,
11.1.4.Extrusions,
11.1.5.Castings,
11.1.6.Rod & Bar and
11.1.7.Others
11.2.  by Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Secondary/Recycled Aluminum
11.2.2.Primary Aluminum
11.3.  By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Building & Construction
11.3.2.Consumer Goods
11.3.3.Electrical
11.3.4.Foil & Packaging
11.3.5.Hardware & Accessories
11.3.6.Machinery & Equipment
11.3.7.Solar Industry
11.3.8.Transportation
11.3.9.Utensils
11.3.10.Others
12.Japan Aluminum Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. By Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Flat Rolled,
12.1.2.Pigment & Powder,
12.1.3.Forgings,
12.1.4.Extrusions,
12.1.5.Castings,
12.1.6.Rod & Bar and
12.1.7.Others
12.2.  by Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Secondary/Recycled Aluminum
12.2.2.Primary Aluminum
12.3.  By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Building & Construction
12.3.2.Consumer Goods
12.3.3.Electrical
12.3.4.Foil & Packaging
12.3.5.Hardware & Accessories
12.3.6.Machinery & Equipment
12.3.7.Solar Industry
12.3.8.Transportation
12.3.9.Utensils
12.3.10.Others
13.Rest of APAC Aluminum Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. By Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Flat Rolled,
13.1.2.Pigment & Powder,
13.1.3.Forgings,
13.1.4.Extrusions,
13.1.5.Castings,
13.1.6.Rod & Bar and
13.1.7.Others
13.2.  by Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Secondary/Recycled Aluminum
13.2.2.Primary Aluminum
13.3.  By Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Building & Construction
13.3.2.Consumer Goods
13.3.3.Electrical
13.3.4.Foil & Packaging
13.3.5.Hardware & Accessories
13.3.6.Machinery & Equipment
13.3.7.Solar Industry
13.3.8.Transportation
13.3.9.Utensils
13.3.10.Others
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Alcoa Corporation (U.S.)
14.2.2.Aluminum Bahrain (Bahrain)
14.2.3.Emirates Asia Pacific Aluminum PJSC (UAE)
14.2.4.Hindalco Industries Limited (India)
14.2.5.Norsk Hydro ASA (Norway)
14.2.6.Rio Tinto Alcan Inc. (Canada)
14.2.11.Rio Tinto Australia (Australia)
14.2.12.RUSAL (Russia)
14.2.13.Vedanta Ltd. (India)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Alcoa Corporation (U.S.)
  • Aluminum Bahrain (Bahrain)
  • Aluminum Corporation of China (China)
  • BHP Billiton Aluminum Australia Pty Ltd. (Australia)
  • Century Aluminum Company (U.S.)
  • China Hongqiao Group (China)
  • Emirates Asia Pacific Aluminum PJSC (UAE)
  • Hindalco Industries Limited (India)
  • Norsk Hydro ASA (Norway)
  • Rio Tinto Alcan Inc. (Canada)
  • Rio Tinto Australia (Australia)
  • RUSAL (Russia)
  • Vedanta Ltd. (India)

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