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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Saudi Arabia Aluminium Market Outlook

The Saudi Arabia aluminium market size reached approximately USD 2.39 billion in 2024. The market is further projected to grow at a CAGR of 4.4% between 2025 and 2034, reaching a value of USD 3.53 billion by 2034.

Key Trends in the Market

Aluminium refers to a lightweight, silvery, and soft metal that is an element in the boron group on the periodic table. Due to the ductility and non-magnetic properties offered by the metal it finds applications in various sectors including construction, manufacture, transportation, and food packaging, among others.

  • The expansion of the transportation and automotive sectors in the country is bolstering the Saudi Arabia aluminium market growth. The metal reduces emissions and increases fuel economy by allowing the production of lightweight vehicles and providing enhanced driving range.
  • The rising utilisation of aluminium in food packaging owing to increasing awareness about the various benefits offered by the product is providing lucrative growth opportunities to the market. Aluminium foil offers sterility and sustainability and is safe for usage in situations where it comes in direct contact with the food products.
  • The increase in construction activities due to rapid industrialisation and urbanisation is bolstering the requirement for aluminium. Additionally, aluminium also offers corrosion resistance and is lightweight, propelling its utilisation in the development of roofs and walls, shelves, external facades, and railings, among others.

Saudi Arabia Aluminium Market Analysis

On the basis of type, the market is bifurcated into primary (fresh aluminium) and secondary (recycled aluminium). Based on processing method, the market is classified into casting, extrusion, forging, pigments and powder, roda and bar, and flat rolled.

On the basis of end use, the Saudi Arabia aluminium market segmentation includes transport, construction, electrical, machinery and equipment, packaging and foil, and consumer goods, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

  • Emirates Global Aluminium PJSC 
  • Saudi Arabian Mining Company 
  • Al Taiseer Group Talco Industrial Company 
  • Siab Aluminum Factory 
  • Alcoa Corporation 
  • United Arab Aluminum Company 
  • Aluminium Products Company (ALUPCO) JSC 
  • Al-Saleh Group 
  • Granada Aluminium 
  • Others

Market Share by Type

Primary (fresh aluminium) is expected to account for a significant Saudi Arabia aluminium market share over the forecast period. This growth can be attributed to the wide range of applications of the metal in packaging and foiling. Primary aluminium can also be alloyed with other elements to provide high strength. Additionally, the electrical conductivity of the metal is also more than its counterpart.

Market Share by End Use

Electrical applications are anticipated to account for a significant share of the market in the coming years. Aluminium and its alloys are widely used in the manufacture of various microelectronic and electronic components, such as capacitors. Aluminium is also used in electricity distribution and transmission. The rising requirement for electricity and electrical devices owing to increasing urbanisation and disposable incomes is boosting the Saudi Arabia aluminium market demand.

Competitive Landscape

Emirates Global Aluminium PJSC, headquartered in Abu Dabi, United Arab Emirates, is one of the leading producers and distributors of aluminium. The company also specialises in alumina refining and investments in bauxite mining.

Saudi Arabian Mining Company specialises in aluminium mining, industrial minerals, smelting and roller mining, fertilisers, and refining, among others. The company was founded in 1997 and is headquartered in Riyadh, Saudi Arabia.

Al Taiseer Group Talco Industrial Company is one of the leading manufacturers of aluminium associated products in Saudi Arabia and Gulf region. Headquartered in Riyadh, Saudi Arabia, the company also specialises in thermal breaks and powder coatings.

Other Saudi Arabia aluminium market key players include Siab Aluminum Factory, Alcoa Corporation, United Arab Aluminum Company, Aluminium Products Company (ALUPCO) JSC, Al-Saleh Group, and Granada Aluminium, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Processing Method
  • End Use
Breakup by Type
  • Primary (Fresh Aluminium)
  • Secondary (Recycled Aluminium)
Breakup by Processing Method
  • Casting
  • Extrusion
  • Forging
  • Pigments and Powder
  • Roda and Bar
  • Flat Rolled
Breakup by End Use
  • Transport
  • Construction
  • Electrical
  • Machinery and Equipment
  • Packaging and Foil
  • Consumer Goods
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Emirates Global Aluminium PJSC 
  • Saudi Arabian Mining Company 
  • Al Taiseer Group Talco Industrial Company 
  • Siab Aluminum Factory 
  • Alcoa Corporation 
  • United Arab Aluminum Company 
  • Aluminium Products Company (ALUPCO) JSC 
  • Al-Saleh Group 
  • Granada Aluminium 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 2.39 billion in 2024.

The market is projected to grow at a CAGR of 4.4% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 3.53 billion by 2034.

The major market drivers include expansion of the transportation and automotive sectors and increasing manufacture of various microelectronic and electronic components.

The key trends fuelling the growth of the market include rising utilisation of aluminium in food packaging and increase in construction activities.

The major applications include transport, construction, electrical, machinery and equipment, packaging and foil, and consumer goods, among others.

The significant types include primary (fresh aluminium) and secondary (recycled aluminium).

The key players in the market are Emirates Global Aluminium PJSC, Saudi Arabian Mining Company, Al Taiseer Group Talco Industrial Company, Siab Aluminum Factory, Alcoa Corporation, United Arab Aluminum Company, Aluminium Products Company (ALUPCO) JSC, Al-Saleh Group, and Granada Aluminium, among others.

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