India Aluminium Market by Type (Primary and Secondary), by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, and Other Types), by Alloy Series (1xxx Series, 2xxx Series, 3xxx Series, 4xxx Series, 5xxx Series, 6xxx Series, and 7xxx Series), and by End-User Industry (Machinery & Equipment, Construction, Packaging) – Global Opportunity Analysis and Industry Forecast, 2024–2030
Industry: Materials and Chemical | Publish Date: 08-Apr-2025 | No of Pages: 228 | No. of Tables: 186 | No. of Figures: 111 | Format: PDF | Report Code : MC1357
US Tariff Impact on India Aluminium Market
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India Aluminium Market Overview
India Aluminium Market size was valued at USD 11.28 billion in 2023, and is predicted to reach USD 18.84 billion by 2030, at a CAGR of 7.6% from 2024 to 2030.
The aluminum market includes the industry involved in the production, distribution, and use of aluminum, a lightweight, silvery-white metal. Aluminum constitutes about 8% of the Earth's crust and is known for its low density, high strength, and natural corrosion resistance due to an oxide layer.
These features make it highly useful in sectors such as aerospace, automotive, construction, packaging, and electronics. Its low weight is especially beneficial for improving efficiency in transportation. The production process involves extracting aluminum from bauxite ore using the Bayer process and electrolysis. Advances in technology and recycling have improved the environmental sustainability of production, supporting industry in India aluminium market growth.
Infrastructure Development Boosts Aluminum Demand in India
India's extensive infrastructure development plans significantly drive in the India aluminium market demand. The construction of new airports, railways, highways, smart cities, and other projects requires aluminum due to its lightweight, durability, and resistance to corrosion.
According to the National Investment Production and Facilitation Agency, the Indian government plans to invest USD 1.4 trillion in infrastructure from 2019 to 2023 to support sustainable national development. Since 2019, numerous road projects, gas pipelines, and industrial developments have been initiated. This focus on improving both urban and rural infrastructure generates a strong demand for aluminum in India.
Expansion of Airport Infrastructure Drives the Market Growth in India
India’s focus on expanding and modernizing airport facilities is significantly increasing the demand for aluminum in the construction of airport terminals, hangars, and other related components. According to the India Brand Equity Foundation, investments ranging from USD 5.99 to 6.41 billion are anticipated for India’s airport infrastructure between FY18-23.
As India positions itself as the world’s third-largest domestic aviation market, with expectations to surpass the UK by 2024, the rising investment in airport infrastructure is expected to drive substantial growth in aluminum demand, benefiting both the construction and aluminum industries.
Environmental and Regulatory Constraints Hinders the Growth of Aluminium Market
The aluminum industry faces significant challenges due to stringent environmental regulations and sustainability requirements. Compliance with emissions control, waste management, and energy efficiency targets often results in higher operational costs for producers.
Meeting these strict standards requires substantial investments in technologies and processes aimed at reducing the environmental impact of aluminum production. While these measures are crucial for fostering a greener industry, they also increase the complexity and cost of production, affecting the overall efficiency and profitability of aluminum manufacturing.
Sustainable Packaging Creates Ample Future Opportunities
The increasing emphasis on sustainable packaging presents substantial growth for the India aluminium market opportunities. Aluminum is highly valued for packaging applications such as cans, bottles, and foils due to its recyclability and effectiveness in preserving product quality and freshness.
As eco-conscious consumers and brands strive to minimize their environmental impact, they are increasingly opting for aluminum as their preferred packaging material. This choice helps reduce waste and supports sustainability goals, contributing to the growth of the aluminum market.
Competitive Landscape
Several key players operating in the India aluminium industry include Alumco India Extrusions, Bagaria Industrial Co, Bharat Aluminium Company Ltd., Gal Aluminium Extrusions Pvt. Ltd., Gujarat Metal Processing, Hal-Alloys Pvt. Ltd, Hindalco Industries, Jindal Aluminium Ltd, JM Industries, Maharashtra Aluminium Extrusions, Marudhar Metals Ltd, Master Alloys Ltd, National Aluminium Company Limited, Orissa Extrusions Ltd, Pennar Aluminium Co Ltd., Sangam Aluminium Ltd, Sampat Aluminium, Superfine Extrusions Pvt. Ltd., Saraswati Extrusions Private Ltd, Vedanta Limited, and others.
India Aluminium Market Key Segments
By Type
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Primary
-
Secondary
By Product Type
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Flat-Rolled
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Castings
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Extrusions
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Forgings
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Powder & Paste
-
Billets
-
Wire Rods
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Other Types
By Alloy Series
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1xxx Series
-
2xxx Series
-
3xxx Series
-
4xxx Series
-
5xxx Series
-
6xxx Series
-
7xxx Series
By End-User Industry
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Transport
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Aerospace
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Automotive
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Marine
-
-
Machinery & Equipment
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Construction
-
Packaging
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Food & Beverage
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Cosmetics
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Others
-
-
Electrical Engineering
-
Others
Key Players
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Alumco India Extrusions
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Bagaria Industrial Co
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Bharat Aluminium Company Ltd.
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Gal Aluminium Extrusions Pvt. Ltd.
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Gujarat Metal Processing
-
Hal-Alloys Pvt. Ltd
-
Hindalco Industries
-
Jindal Aluminium Ltd
-
JM Industries
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Maharashtra Aluminium Extrusions
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Marudhar Metals Ltd
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Master Alloys Ltd
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National Aluminium Company Limited
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Orissa Extrusions Ltd
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Pennar Aluminium Co Ltd.
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Sangam Aluminium Ltd
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Sampat Aluminium
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Superfine Extrusions Pvt. Ltd.
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Saraswati Extrusions Private Ltd
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Vedanta Limited
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 11.28 Billion |
|
Revenue Forecast in 2030 |
USD 18.84 Billion |
|
Growth Rate |
CAGR of 7.6% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
20 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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