India Aluminum Market

India Aluminum Market

India Aluminum Market by Type(Primary, and Secondary), by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, Billets, Wire Rods and Other Types), by Alloy Series (1xxx Series, 2xxx Series, 3xxx Series, 4xxx Series, 5xxx Series, 6xxx Series, 7xxx Series) and by End-User Industry (Transportation, Machinery & Equipment, Construction, Packaging, Electrical Engineering, and Other End Users) – Country Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Materials and Chemical | Publish Date: 23-Jun-2025 | No of Pages: 163 | No. of Tables: 156 | No. of Figures: 101 | Format: PDF | Report Code : MC1357

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Industry Overview

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.

Infrastructure Development Boosts Aluminum Demand in India

India's extensive infrastructure development plans significantly drive in the India aluminum 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 Hinder The Growth Of The India Aluminium Market

The Indian aluminium market faces challenges due to strict environmental regulations on emissions, energy use, and waste management. Compliance with these norms increases operational costs, particularly for downstream processors reliant on imported primary aluminium. Small and medium enterprises are especially impacted, as investments in cleaner technologies and waste treatment systems strain profitability. While necessary for sustainability, these regulations act as a restraint by raising production costs and limiting growth in the short term.

Sustainable Packaging Creates Ample Future Opportunities

The increasing emphasis on sustainable packaging presents substantial growth for the India aluminum 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 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.

India Aluminum Market Key Segments

By Type        

  • Primary    

  • Secondary    

By Product Type        

  • Flat-Rolled    

  • Casting    

  • Extrusions    

  • Forgings    

  • Powder & Paste    

  • Billets    

  • Wire Rods    

  • Other Types    

By Alloy Series        

  • 1xxx Series    

  • 2xxx Series    

  • 3xxx Series    

  • 4xxx Series    

  • 5xxx Series    

  • 6xxx Series    

  • 7xxx Series    

By End User        

  • Transportation    

    • Aerospace

    • Automotive

    • Marine

  • Machinery & Equipment    

  • Construction    

  • Packaging    

    • Food & Beverage

    • Cosmetics

    • Others

  • Electrical Engineering    

  • Other End Users

Key Players

  • 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

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

  • Infrastructure Development Boosts Aluminum Demand in India
  • Expansion of Airport Infrastructure Drives the Market Growth in India

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.

India Aluminum Market Revenue by 2030 (Billion USD) India Aluminum Market Segmentation India Aluminum Market Major Regions

Frequently Asked Questions

According to Next Move Strategy Consulting, India aluminum market size reached USD 11.28 billion in 2023.

The key market players operating in the India aluminum market are 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.

According to the Next Move Strategy Consulting, the size of the India aluminum market is estimated to reach USD 18.84 billion by 2030, at a CAGR of 7.6% from 2024 to 2030.

The environmental and regulatory constraints hinder the India aluminum market.

Some of the end-user industries include construction, transport, consumer electronics, and others.
$2,575
$1,575
$3,875
$1,975

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