𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭
𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 size is predicted to reach USD 149.96 billion at a CAGR of 5.6% till 2030. The aluminium market involves the industry dedicated to producing, distributing, and using aluminium, a lightweight and silvery-white metal. Aluminium 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.
𝐊𝐞𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 :
𝐒𝐭𝐫𝐨𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 : The rapid urbanization and infrastructure development in countries like China, India, and Southeast Asia are driving high demand for aluminium in construction applications. Its lightweight, corrosion-resistant, and recyclable properties make it ideal for building projects.
𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐔𝐬𝐞 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 : With the push for fuel-efficient and electric vehicles (EVs), aluminium is increasingly used in the automotive sector for lightweighting. This trend is prominent in countries like Japan, South Korea, and China, which are major hubs for vehicle manufacturing.
𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 : The rise of e-commerce, food delivery, and the beverage industry in the region is boosting demand for aluminium in packaging. Aluminium cans and foil are preferred due to their sustainability, recyclability, and ability to preserve product quality.
https://www.nextmsc.com/report/asia-pacific-aluminium-market 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭
𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐀𝐥𝐮𝐦𝐢𝐧𝐢𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 size is predicted to reach USD 149.96 billion at a CAGR of 5.6% till 2030. The aluminium market involves the industry dedicated to producing, distributing, and using aluminium, a lightweight and silvery-white metal. Aluminium 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.
𝐊𝐞𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 :
𝐒𝐭𝐫𝐨𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐞𝐜𝐭𝐨𝐫 : The rapid urbanization and infrastructure development in countries like China, India, and Southeast Asia are driving high demand for aluminium in construction applications. Its lightweight, corrosion-resistant, and recyclable properties make it ideal for building projects.
𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐔𝐬𝐞 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 : With the push for fuel-efficient and electric vehicles (EVs), aluminium is increasingly used in the automotive sector for lightweighting. This trend is prominent in countries like Japan, South Korea, and China, which are major hubs for vehicle manufacturing.
𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 : The rise of e-commerce, food delivery, and the beverage industry in the region is boosting demand for aluminium in packaging. Aluminium cans and foil are preferred due to their sustainability, recyclability, and ability to preserve product quality.
https://www.nextmsc.com/report/asia-pacific-aluminium-market