Indonesia Aluminium Market is expected to reach USD 4.78 billion by 2030

The expanding construction and increasing initiatives by various organizations are driving up demand for Indonesia aluminium market during the forecast period.

Indonesia Aluminium Market size was valued at USD 2.45 billion in 2023, and is predicted to reach USD 4.78 billion by 2030, with a CAGR of 9.2% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

Several organizations in Indonesia are undertaking initiatives to bolster the domestic aluminium industry, including investments in new facilities, technologies, and expanding production capacity.

For example, in December 2021, a unit of Indonesian coal company PT Adaro Energy unveiled plans to invest USD 728 million in constructing an aluminium smelter in Borneo.

This project seeks to leverage the increasing demand for aluminium and reinforce the country's standing in the global aluminium market. The establishment of the new smelter will facilitate the growth of the aluminium industry and strengthen Indonesia's aluminium production capabilities.

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 Indonesia for sustainable packaging solutions drives the growth of the aluminium market.

Request for a sample here: https://www.nextmsc.com/indonesia-aluminium-market/request-sample

According to the report, leading players in Indonesia aluminium market include Aluminium Corporation of Indonesia Limited (CHALCO), Hindalco Industries Ltd., Norsk Hydro ASA, Indonesia 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 Indonesia Aluminium Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on Indonesia 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 Indonesia aluminium market is provided in the report along with their competitive analysis.

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