Vietnam Aluminum Market

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Vietnam Aluminum Market

Vietnam Aluminum Market by Types (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 Industries (Transportation, Machinery & Equipment, Construction, Packaging, Electrical Engineering, Others End Users) – Country Opportunity Analysis and Industry Forecast, 2025–2030

Industry: Materials and Chemical | Publish Date: 20-Oct-2025 | No of Pages: 129 | No. of Tables: 156 | No. of Figures: 101 | Format: PDF | Report Code : MC2896

Industry Overview

The Vietnam Aluminum 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 Vietnam aluminum market encompasses the production, processing, and distribution of aluminum and its derivatives for domestic and international markets. The industry relies on raw bauxite, refined and smelted to produce aluminum ingots, sheets, and extrusions. These products are widely used in sectors such as construction, automotive, packaging, and consumer goods, valued for their lightweight properties, corrosion resistance, and durability.

Aluminum’s recyclability and energy-efficient production contribute to its lower environmental impact compared to materials including steel and plastic. Its versatility further enables innovative design and application, establishing aluminum as a preferred material in modern architecture and product development.  

 

Booming Construction and Infrastructure Development Fueling Widespread Aluminum Adoption

Vietnam's rapid urbanization and ambitious national infrastructure agenda are primary drivers of aluminum consumption. The government's massive investment in public projects—including new expressways, urban metro systems, airports, and industrial parks—creates sustained demand for aluminum in structural and architectural applications. In the booming residential and commercial construction sectors, aluminum is the material of choice for window frames, doors, curtain walls, and facades due to its durability, light weight, and corrosion resistance, ensuring a strong and growing domestic market.

Surge In High-value Manufacturing and Export-oriented Growth

The ongoing shift of global supply chains to Vietnam has ignited growth in its manufacturing sector, particularly in high-value industries like automotive and electronics. As a key beneficiary of the "China+1" strategy, Vietnam is seeing increased production of vehicles, consumer electronics, and machinery, all of which are significant consumers of aluminum components. The push towards electric vehicles (EVs) further amplifies this trend, as aluminum is critical for producing lightweight frames and battery enclosures. This industrial expansion not only serves the domestic market but also drives demand for export-quality aluminum products.

High Energy Costs and Stringent Environmental Regulations Constraining Producers

The Vietnamese aluminum industry faces significant operational headwinds from high energy costs and increasingly strict environmental regulations. Primary aluminum smelting is an energy-intensive process, and rising electricity tariffs in the country put direct pressure on production costs and profit margins. Simultaneously, the government is enforcing more rigorous standards for emissions, waste management, and resource efficiency under the Law on Environmental Protection. While beneficial for long-term sustainability, the need for costly technology upgrades to ensure compliance poses a considerable financial challenge, particularly for smaller producers, potentially hindering their competitiveness and capacity for expansion.

Rapid Expansion of Renewable Energy Sector Creating New Demand for Green Technology Components

A significant growth opportunity for the Vietnam Aluminum Market lies in the country's aggressive push into renewable energy. Under national energy development plans, Vietnam has set ambitious targets for expanding its solar and wind power capacity. Aluminum is an essential material in this green transition, used extensively for manufacturing solar panel frames, mounting structures, and components for wind turbines. As the nation continues to invest heavily in clean energy projects to meet its climate goals, the demand for locally sourced, high-quality aluminum for these green technology applications is set to accelerate dramatically.

By Product Type, Extrusions Holds the Largest Market Share in Vietnam Aluminum Market

In Vietnam's aluminum market, extrusions hold the largest market share, accounting for approximately 40% of the total market. This dominance is due to the versatility and high demand for aluminum extrusions in various applications, including construction, transportation, and manufacturing. Aluminum extrusions are widely preferred for their lightweight, durable, and corrosion-resistant properties, making them ideal for structural components, windows, doors, and framing solutions. As infrastructure and industrial growth continue to expand, the demand for aluminum extrusions in Vietnam is expected to remain robust, reinforcing their leading position in the market.

By Type, Primary Aluminum is Anticipated to Show Fastest Growth in the Future

By type, primary aluminum is anticipated to exhibit the fastest growth in Vietnam's aluminum market, with a projected CAGR of 8.2% from 2024 to 2030. This growth can be attributed to the increasing demand for primary aluminum in various sectors, including construction, automotive, and consumer goods, driven by its lightweight, strength, and corrosion-resistant properties. As industries seek to leverage the advantages of primary aluminum for enhanced performance and sustainability, its application across different sectors is expected to expand significantly, further propelling market growth during the forecast period.

Import and Export of Aluminum in Vietnam Over the Years

Vietnam’s aluminum import and export landscape reflects the country’s rapid industrialization and growing demand for metals in construction, electronics, and manufacturing sectors. As domestic production remains limited, Vietnam relies heavily on aluminum imports, particularly raw materials like primary aluminum, from key trading partners such as China, the UAE, and Australia to meet local manufacturing needs. However, with advancements in processing capabilities and rising demand from neighboring markets, Vietnam has also expanded its aluminum exports, primarily in semi-finished and finished aluminum products like sheets, extrusions, and profiles.

Year

Import (Metric Tons)

YoY Change

Export (Metric Tons)

YoY Change

2018

883634

 -

193966

2019

990829

12%

201779

4%

2020

XXXXXXXXX

XX

XXXXXXXXX

XX

2021

XXXXXXXXX

XX

XXXXXXXXX

XX

2022

XXXXXXXXX

XX

XXXXXXXXX

XX

2023

XXXXXXXXX

XX

XXXXXXXXX

XX

With global demand for sustainable and recyclable materials on the rise, Vietnam's aluminum market holds significant potential for growth, positioning the country as an important player in the Southeast Asian metals industry and contributing to long-term economic development.

Competitive Landscape

Several market players operating in the Vietnam aluminum market include Global Vietnam Aluminum Co., Ltd (GVA), Ngoc Diep Aluminum Joint Stock Company (Dinostar), Vietnam Yongxing Aluminium Industry Co., Ltd, East Asia Aluminum Co., Ltd (Nhôm Đông A / Dong A), Hyundai Aluminum Vina Shareholding Company, Song Hong Aluminum Joint Stock Company, Sapa Ben Thanh Aluminium Profiles Co., Ltd, KIMSEN Industrial Corporation, Tung Shin Industrial Co., Ltd, Daiki Aluminium Industry Co., Ltd, An Lap Phat Aluminum Investment Trading Production Co., Ltd, Dong Duong Aluminium Company Limited, Almine Vietnam Co., Ltd., Vina Washin Aluminum Co., Ltd., Tiger Almin Co., Ltd. and others.

 

Note: For the latest market share analysis and in-depth Vietnam Aluminum industry insights, you can reach out to us at: Request for Sample PDF

These players are adopting business expansion strategies to remain dominant in the market. 

DATE

COMPANY

RECENT DEVELOPMENTS

Jul 2025

KIMSEN Industrial Corporation

Participated in Manufacturing World Tokyo 2024 to expand international ties.

Apr 2025

Almine Vietnam Co., Ltd

Published Q1 environmental monitoring report for aluminum wire production.

May 2025

East Asia Aluminum Co., Ltd (Nhôm Đông A / Dong A)

Reported annual output of over 60,000 tons; expanded exports to Europe & Japan.

Vietnam Aluminum Market Key Segment

By Type

  • Primary

  • Secondary

By Product Type

  • Flat-Rolled

  • Castings

  • 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 Industry

  • Transportation

    • Aerospace

    • Automotive

    • Marine

  • Machinery & Equipment

  • Construction

  • Packaging

    • Food And Beverage

    • Cosmetics

    • Others

  • Electrical Engineering

  • Others End Users

Key Players

  • Global Vietnam Aluminum Co., Ltd (GVA)

  • Ngoc Diep Aluminum Joint Stock Company (Dinostar)

  • Vietnam Yongxing Aluminium Industry Co., Ltd

  • East Asia Aluminum Co., Ltd (Nhôm Đông A / Dong A)

  • Hyundai Aluminum Vina Shareholding Company

  • Song Hong Aluminum Joint Stock Company

  • Sapa Ben Thanh Aluminium Profiles Co., Ltd

  • KIMSEN Industrial Corporation

  • Tung Shin Industrial Co., Ltd

  • Daiki Aluminium Industry Co., Ltd

  • An Lap Phat Aluminum Investment Trading Production Co., Ltd

  • Dong Duong Aluminium Company Limited

  • Almine Vietnam Co., Ltd.

  • Vina Washin Aluminum Co., Ltd.

  • Tiger Almin Co., Ltd.

Report Scope and Segmentation

Parameters

Details

Market Size in 2024

USD 5.01 Billion

Revenue Forecast in 2030

USD 7.57 Billion

Growth Rate (Value)

CAGR of 6.8% from 2025 to 2030

Market Volume in 2023

1925 Thousand Metric Tons

Market Volume in 2030

3087 Thousand Metric Tons

Growth Rate (Volume)

CAGR of 7.9% from 2025 to 2030

Analysis Period

2024–2030

Base Year Considered

2024

Forecast Period

2025–2030

Market Size Estimation

 Billion (USD)

Market Volume Estimation

Thousand Metric Tons

Growth Factors

  • Booming Construction and Infrastructure Development Fueling Widespread Aluminum Adoption

  • Surge In High-value Manufacturing and Export-oriented Growth

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.

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

About the Author

Jayanta Das is an industry analyst and writer with a keen focus on emerging technologies and sustainable business practices. With a background in engineering and market research, he brings analytical depth to topics like renewable energy, green manufacturing, and industrial transformation. Jayanta is passionate about translating complex data into actionable insights for businesses navigating the shift toward eco-conscious operations.

About the Reviewer

Supradip Baul is an accomplished business consultant and strategist with over a decade of rich experience in market intelligence, strategy, technology and business transformation. His work has included rigorous qualitative and quantitative analysis across multiple industries, helping clients shape investment decisions and long-term roadmaps. Earlier in his career, he was associated with Gartner, where he contributed to industry-leading reports and market share analyses. He has worked with leading global companies and holds an MBA with a dual specialization in Marketing and Finance.

Frequently Asked Questions

The Vietnam aluminum 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.

Aluminum is widely used in various sectors such as construction, automotive, packaging, and consumer goods due to its lightweight properties, corrosion resistance, and durability.

The adoption of 3D printing technologies in the aluminum industry presents significant growth opportunities.

Extrusions hold the largest market share in the Vietnam aluminum Market, accounting for approximately 40% of the total market.

Key players in the Vietnam aluminum market include Global Vietnam Aluminum Co., Ltd (GVA), Ngoc Diep Aluminum Joint Stock Company (Dinostar), Vietnam Yongxing Aluminium Industry Co., Ltd, East Asia Aluminum Co., Ltd (Nhôm Đông A / Dong A), Hyundai Aluminum Vina Shareholding Company, Song Hong Aluminum Joint Stock Company, Sapa Ben Thanh Aluminium Profiles Co., Ltd, KIMSEN Industrial Corporation, Tung Shin Industrial Co., Ltd, Daiki Aluminium Industry Co., Ltd, An Lap Phat Aluminum Investment Trading Production Co., Ltd, Dong Duong Aluminium Company Limited, Almine Vietnam Co., Ltd., Vina Washin Aluminum Co., Ltd., Tiger Almin Co., Ltd., and others.

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