The Vietnam aluminium market reached approximately USD 4.73 Billion in 2024. The market is projected to grow at a CAGR of 7.30% between 2025 and 2034, reaching a value of around USD 9.57 Billion by 2034.
Base Year
Historical Year
Forecast Year
In 2022, Vietnam's imports of aluminium and related articles reached US$5.49 billion, based on data from the United Nations COMTRADE database on international trade.
In April 2024, Vinacomin, Vietnam's top mining company, planned to invest 182 trillion dong ($7.3 billion) to expand alumina-aluminium production to meet growing domestic demand.
Dak Nong province in Vietnam has 5.4 billion tons of bauxite, the main material for alumina and aluminium production.
Value in USD Billion
2025-2034
Vietnam Aluminium Market Outlook
*this image is indicative*
| Vietnam Aluminium Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 4.73 |
| Market Size 2034 | USD Billion | 9.57 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 7.30% |
| CAGR 2025-2034 - Market by Region | Southeast | 8.6% |
| CAGR 2025-2034 - Market by Region | Mekong River Delta | 7.5% |
| CAGR 2025-2034 - Market by End Use | Transport | 8.3% |
| CAGR 2025-2034 - Market by Type | Secondary | 8.6% |
| Market Share by Region | Southeast | 26.8% |
Vietnam's swift industrialisation and urbanisation have led to a substantial rise in the need for aluminium. The metal is extensively utilised in multiple sectors, including construction, transportation, packaging, and other industrial uses. The construction sector in Vietnam is projected to grow at a rate of 7.5% in 2024, leading to an increased demand for aluminium. The Vietnamese government's emphasis on infrastructure development, such as the building of roads, bridges, airports, and ports, has further resulted in increasing the demand for aluminium. Aluminium’s robustness, longevity, and lightweight characteristics make it the preferred material for various infrastructure projects.
The automotive sector in Vietnam is experiencing growth, marked by rising vehicle production and sales. The Vietnamese government is anticipating an average annual growth rate of 14.26% in automobile production from 2021 to 2030. Aluminium is highly preferred in automotive manufacturing due to its lightweight nature, which aids in fuel efficiency and emission reduction. The increasing emphasis on electric vehicles (EVs) is also boosting the demand for aluminium.
Aluminium is easily recyclable, with the recycling process requiring much less energy than primary production. The growing focus on environmental sustainability and the push to reduce carbon footprints are fuelling the need for recycled aluminium in Vietnam.
“Vietnam Aluminium Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Processing Method
Market Breakup by End Use
Market Breakup by Region
| CAGR 2025-2034 - Market by | Type |
| Secondary | 8.6% |
| Primary | XX% |
| CAGR 2025-2034 - Market by | End Use |
| Transport | 8.3% |
| Electrical | 7.8% |
| Construction | 7.5% |
| Machinery and Equipment | XX% |
| Others | XX% |
| CAGR 2025-2034 - Market by | Region |
| Southeast | 8.6% |
| Mekong River Delta | 7.5% |
| Red River Delta | XX% |
| South Central Coast | XX% |
| Others | XX% |
Based on the end use, the market is segmented into transport, construction, electrical, and machinery and equipment, among others. The transport sector is projected to grow at a CAGR of 8.3% during the forecast period of 2025-2034. Various forms of transportation, ranging from bicycles to spacecraft, are constructed using aluminium. It is also employed in the manufacturing of engines, transmissions, suspensions, brake parts, magnets for gauges, electrical wiring, air conditioning components, and even structural elements.
| Market Share by | Region |
| Red River Delta | 26.8% |
| Southeast | XX% |
| Mekong River Delta | XX% |
Major market players are focusing on technological advancements and sustainable production practices to gain a competitive edge.
*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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In 2024, the market reached an approximate value of USD 4.73 Billion.
The market is estimated to grow at a CAGR of 7.30% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 9.57 Billion by 2034.
The market is being driven by rapid industrialisation, swift urbanisation, and expansion of the automotive sector.
The key trends aiding the market include technological advancements and the growth of the marine and aerospace sectors.
The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different end uses of aluminium include transport, construction, electrical, and machinery and equipment, among others.
The major players in the market are Global Vietnam Aluminium Co., Ltd., VIET PHAP SHAL ALUMINUM JOINT STOCK COMPANY, Sapa Ben Thanh Aluminium Profile Company Limited, and LAP PHAT ALUMINUM PRODUCTION AND TRADING COMPANY LIMITED, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| 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:
|
| Breakup by Type |
|
| Breakup by Processing Method |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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