Industry: Materials and Chemical | Publish Date: 06-Sep-2025 | No of Pages: 163 | No. of Tables: 156 | No. of Figures: 101 | Format: PDF | Report Code : MC1357
India Aluminum 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 aluminum market growth.
The rapid pace of infrastructure development in India has significantly increased the demand for aluminum across multiple sectors. As the country undertakes expansive construction and modernization projects, aluminum is being widely adopted for its lightweight, durable, and corrosion-resistant properties. It is especially valued in structural components, urban transit systems, and industrial facilities where strength and longevity are essential.
This rising demand is further driven by government-led efforts to improve connectivity, urban housing, and logistics networks. Aluminum's ability to enhance structural efficiency while supporting sustainability goals makes it a material of choice for infrastructure developers. As construction activity intensifies nationwide, the aluminum market is expected to witness steady and sustained growth.
India’s ongoing transformation of its aviation sector is creating fresh opportunities for aluminum use. The material’s adaptability and performance in large-scale public infrastructure make it essential in airport construction and expansion, where factors like energy efficiency, safety, and design flexibility are critical.
As demand for air travel increases, the focus on building and upgrading airport facilities will continue to fuel aluminum consumption. The growing importance of durable and low-maintenance construction materials in such high-traffic zones reinforces aluminum’s role in supporting the country’s aviation ambitions.
The aluminum industry in India faces increasing pressure to align with evolving environmental regulations. Restrictions related to emissions, energy use, and industrial waste disposal are compelling manufacturers to adopt cleaner and more efficient technologies. While this transition supports long-term sustainability, it also increases operational costs for producers.
Smaller manufacturers, in particular, are challenged by the need to upgrade systems and comply with complex environmental norms. These constraints can hinder expansion plans and reduce competitiveness in the short term, even as the broader industry moves toward more responsible production practices.
The growing emphasis on sustainability has positioned aluminum as a preferred material in the packaging industry. Its recyclability, hygiene properties, and ability to preserve product quality make it a strong alternative to traditional, non-sustainable materials. This shift is especially evident in sectors focusing on reducing environmental impact.
With both consumers and businesses prioritizing eco-conscious choices, the demand for aluminum in packaging applications continues to rise. This trend not only supports circular economy goals but also presents new growth avenues for the aluminum industry in India across various end-use sectors.
Several key players operating in the India aluminum industry include National Aluminium Company Limited, Bagaria Industrial Co, RIO TINTO, Gal Aluminium Extrusions Pvt. Ltd., Bharat Aluminium Company Ltd., Jindal Aluminium Ltd, Marudhar Metals Ltd, Sampat Aluminium, Hindalco Industries, JM Aluminum, Superfine Extrusions Pvt. Ltd., Maharashtra Aluminium Extrusions, Gujarat Metal Processing, Indo Alusys Industries Limited, Radiant Metals & Alloys Pvt. Ltd and others.
Primary
Secondary
Flat-Rolled
Casting
Extrusions
Forgings
Powder & Paste
Billets
Wire Rods
Other Types
1xxx Series
2xxx Series
3xxx Series
4xxx Series
5xxx Series
6xxx Series
7xxx Series
Transportation
Aerospace
Automotive
Marine
Machinery & Equipment
Construction
Packaging
Food & Beverage
Cosmetics
Others
Electrical Engineering
Other End Users
National Aluminium Company Limited
Bagaria Industrial Co
RIO TINTO
Gal Aluminium Extrusions Pvt. Ltd.
Bharat Aluminium Company Ltd.
Jindal Aluminium Ltd
Marudhar Metals Ltd
Sampat Aluminium
Hindalco Industries
JM Aluminum
Superfine Extrusions Pvt. Ltd.
Maharashtra Aluminium Extrusions
Gujarat Metal Processing
Indo Alusys Industries Limited
Radiant Metals & Alloys Pvt. Ltd
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 |
15 |
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. |