The growing construction industry along with rising transportation and logistics sector in Vietnam drives the growth of the Vietnam Aluminium Market

The Vietnam Aluminium Market size was valued at USD 5.01 billion in 2024 and is predicted to reach USD 7.57 billion by 2030, with a CAGR of 6.8% from 2025 to 2030. In terms of volume, the market size was 1925 thousand metric tons in 2024 and is anticipated to reach 3087 thousand metric tons by 2030, growing at a CAGR of 7.9% from 2025 to 2030.

The growing construction industry is driving the growth of the aluminum market, fueled by the increasing demand for lightweight, durable, and corrosion resistant materials that are essential for contemporary building and infrastructure projects as infrastructure continues to develop, aluminum plays a vital role in applications such as windows, facades, and roofing, supporting energy efficiency and sustainability initiatives within Vietnams construction industry. A recent report from the International Trade Administration (ITA) valued the sector at USD 958 billion in 2023, with an expected growth rate of 7% from 2024 to 2027 This growth compels aluminum suppliers and manufacturers in Vietnam to innovate and expand their product offerings to meet the changing demands of the market.

Moreover, Vietnams expanding transportation and logistics sector is a significant driver of demand for lightweight, durable, and corrosion resistant materials like aluminum, which are crucial for the production of vehicles, shipping containers, and infrastructure components This demand fosters market growth as companies focuses on aluminum to improve operational efficiency and reduce vehicle weight According to the General Statistics Office of Vietnam, the transportation and logistics sectors contributed 465% to the country’s GDP in 2022, with transport demand projected to increase by 68% to 735% by 2030 This growth is expected to boost aluminum consumption as companies look for strong, lightweight solutions to enhance logistics efficiency.

However, the stringent environmental regulations set by the Vietnamese government pose challenges for the aluminum market, as manufacturers must comply with complex requirements concerning pollution control, waste management, and emissions reporting.

On the contrary, the integration of 3D printing technologies in the aluminum industry offers substantial growth prospects for Vietnams aluminum market by allowing manufacturers to create lightweight components with intricate geometries suitable for a wide range of applications This technology enhances efficiency through rapid prototyping and shorter production times while also supporting sustainability goals by reducing material waste and energy consumption As Vietnam increasingly emphasizes minimizing environmental impact, the alignment of 3D printings ecofriendly advantages with these objectives is expected to drive market expansion in the coming years.

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According to the report, the top players operating in the Vietnam aluminium market include Asia Aluminum Company Limited, Sapa Ben Thanh Aluminium Profile Company Limited, Song Hong Shalumi Aluminium Group Joint Stock Company, Nam Sung Aluminium Company Limited, Almine Vietnam Co., Ltd., Minh Dung Aluminum Co., Ltd, Ngoc Diep Aluminium Joint Stock Company, Mk Metal Vina, KIMSEN Industrial Corporation, and others.

These market players are adopting business expansion strategies across various countries and regions to maintain their dominance in the market.

For instance, in April 2024, Vinacomin expanded its business by constructing two new alumina and aluminum production facilities in Vietnam, with an expected total output of around 600,000 tons per year This expansion aligns with the company’s strategy to address the increasing demand for aluminum both domestically and for export.

Moreover, in March 2023, GARMCO invested USD 245 million towards the construction of a new aluminum coil production line and a recycling facility for processing local aluminum scrap This investment is aimed at increasing productivity, diversifying product offerings, and improving environmental sustainability.

Furthermore, in February 2022, East Asia Aluminum Company Limited expanded its aluminium factory to over 100,000 square meters with an investment of USD 38 million This expansion is intended to double the company’s aluminum production capacity, reaching over 150,000 tons per year.

Key Insights from the Vietnam Aluminium Market Report:

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