𝐑𝐮𝐬𝐬𝐢𝐚 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐮𝐬𝐬𝐢𝐚 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 size is predicted to reach USD 5.78 billion at a CAGR of 2.9% till 2030. The aluminium market covers the industry focused on producing, distributing, and utilizing aluminium, a light and silvery metal. Aluminium constitutes approximately 8% of the Earth's crust and is recognized for its low density, high strength, and resistance to corrosion from a natural oxide layer. 𝐊𝐞𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 : 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐞𝐥𝐟-𝐒𝐮𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 : Russia is increasingly focused on strengthening its domestic aluminium production capabilities. This is driven by a desire for self-sufficiency and to reduce reliance on imports. The country is investing in the expansion of its aluminium smelting and processing facilities to meet both domestic demand and increase exports. 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 : As the automotive industry in Russia continues to grow, particularly with the rise of electric vehicles (EVs), the demand for lightweight materials like aluminium is increasing. Aluminium’s role in reducing vehicle weight to improve fuel efficiency is driving its use in automotive components, such as body panels and engine parts. 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 : The construction and infrastructure sectors in Russia are significant drivers of aluminium demand. Aluminium is widely used for windows, facades, roofing, and structural components due to its durability, corrosion resistance, and aesthetic appeal. The increasing focus on energy-efficient buildings is further boosting the use of aluminium in the construction sector. https://www.nextmsc.com/report/russia-aluminium-market

𝗛𝗼𝘄 𝗡𝗼𝗿𝘀𝗸 𝗛𝘆𝗱𝗿𝗼 𝗔𝗦𝗔 𝗦𝗲𝗰𝘂𝗿𝗲𝗱 𝟮𝟴% 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗹𝘂𝗺𝗶𝗻𝗶𝘂𝗺 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 The aluminium market is expected to see a remarkable growth of around 1.5X, expanding from USD 202.04 billion in 2023 to approximately USD 302.04 billion by 2030, as per the Next Move Strategy Consulting analysis. This significant increase is driven by technological advancements, innovations in manufacturing, rising demand for lightweight materials, and a strong focus on sustainability, all reshaping the aluminium industry.