India Aluminium Market is expected to reach USD 19.76 billion by 2030

The infrastructure development and growing airport infrastructure are driving up demand for India aluminium market during the forecast period.

India Aluminium Market size was valued at USD 11.28 billion in 2023, and is predicted to reach USD 19.76 billion by 2030, with a CAGR of 7.6% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The aluminium sector faces impacts from environmental regulations and sustainability demands, including emissions control, waste management, and energy efficiency targets. 

These factors can raise operational expenses and present hurdles for certain producers. Meeting strict emissions standards, adhering to waste management regulations, and achieving energy efficiency goals often necessitate substantial investments and initiatives to diminish the environmental footprint of aluminium manufacturing.

These sustainability initiatives aim to curb emissions, endorse responsible waste handling, and foster energy conservation. While crucial for fostering a greener and more sustainable industry, these regulations contribute to the overall expenses and intricacies of aluminium production.

However, the aluminium industry is affected by environmental regulations and sustainability requirements such as emissions control, waste management, and energy efficiency targets, which can increase operational costs and pose challenges for some producers.

Compliance with stringent emissions standards, waste management regulations, and energy consumption targets can require significant investments and efforts to reduce the environmental impact of aluminium production.

These sustainability measures aim to minimize emissions, promote responsible waste management, and encourage energy efficiency.

While these regulations are essential to promote a greener and more sustainable industry, they can add to the overall costs and complexities of aluminium production.

On the other hand, the increasing emphasis on sustainable packaging is expected to create ample growth opportunities for the market in the future.

Aluminium is well-suited for applications such as cans, bottles, and foils, benefiting from its recyclability and ability to maintain product quality and freshness. Eco-conscious consumers and brands seeking to minimize their environmental impact prefer aluminium as a preferred choice.

By opting for aluminium packaging, they reduce waste and promote sustainability, aligning with their commitment to a greener future. This growing India for sustainable packaging solutions drives the growth of the aluminium market.

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According to the report, leading players in India aluminium market include Aluminium Corporation of India Limited (CHALCO), Hindalco Industries Ltd., Norsk Hydro ASA, India Hongqiao Group Limited, United Company RUSAL PLC, Rio Tinto, East Hope Group Company Limited, Xinfa Group Co., Ltd., Alcoa Corporation, and Arconic Inc., Emirates Global Aluminium PJSC, Vedanta Aluminium and Power, Ma’aden, South32, and Century Aluminium Company.

Key Insights from India Aluminium Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on India aluminium market is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The market share of players in India aluminium market is provided in the report along with their competitive analysis.

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