| Product Code: ETC249264 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India aluminum alloys market import shipments demonstrated robust growth with a CAGR of 29.5% from 2020 to 2024. The momentum accelerated further between 2023 and 2024, showing a growth rate of 38.6%. The market expansion indicates a strong upward trend with increasing demand during the period.
The India aluminum alloys market is driven by the construction, automotive, and aerospace industries. Aluminum alloys are preferred for their lightweight and corrosion-resistant properties. With the growth of these sectors, there is a growing need for advanced aluminum alloy materials.
The India aluminum alloys market is driven by its widespread use in various industries, including automotive, construction, and aerospace. Aluminum alloys are valued for their lightweight, corrosion-resistant, and high-strength properties. The automotive sector`s shift towards lightweight materials, the construction industry`s need for durable and sustainable solutions, and the growth of aerospace manufacturing contribute to the market`s expansion.
This market faces challenges related to the need for high-quality raw materials, competition from other alloy materials, and the requirement to meet diverse industrial and automotive standards.
The aluminum alloys market was affected by the pandemic, with a decrease in demand from industries like automotive and construction. The recovery depended on the gradual revival of these sectors.
The India Aluminum Alloys market is characterized by prominent players who are integral to the country`s metallurgical and manufacturing sectors. Key companies, including Hindalco Industries Limited, NALCO (National Aluminium Company Limited), Vedanta Limited, and Jindal Aluminium Limited, are pivotal in the production and supply of high-quality aluminum alloys used across various industries. Their commitment to research and development, innovation, and sustainable practices cements their position as leaders in this essential market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aluminum Alloys Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Alloys Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Alloys Market - Industry Life Cycle |
3.4 India Aluminum Alloys Market - Porter's Five Forces |
3.5 India Aluminum Alloys Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 India Aluminum Alloys Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Aluminum Alloys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in industries such as automotive, aerospace, and construction. |
4.2.2 Growing government initiatives to promote the use of aluminum alloys for sustainable development. |
4.2.3 Technological advancements in aluminum alloy manufacturing processes leading to improved product quality and performance. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of aluminum alloys. |
4.3.2 Intense competition from alternative materials such as steel and composite materials. |
4.3.3 Environmental regulations and concerns regarding the extraction and processing of aluminum alloys. |
5 India Aluminum Alloys Market Trends |
6 India Aluminum Alloys Market, By Types |
6.1 India Aluminum Alloys Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Alloys Market Revenues & Volume, By Process, 2021-2031F |
6.1.3 India Aluminum Alloys Market Revenues & Volume, By Die Casting, 2021-2031F |
6.1.4 India Aluminum Alloys Market Revenues & Volume, By Sand Casting, 2021-2031F |
6.1.5 India Aluminum Alloys Market Revenues & Volume, By Permanent Mold Casting, 2021-2031F |
6.2 India Aluminum Alloys Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum Alloys Market Revenues & Volume, By Transportation sector, 2021-2031F |
6.2.3 India Aluminum Alloys Market Revenues & Volume, By Building & Construction sector, 2021-2031F |
6.2.4 India Aluminum Alloys Market Revenues & Volume, By Industrial sector, 2021-2031F |
6.2.5 India Aluminum Alloys Market Revenues & Volume, By Others, 2021-2031F |
7 India Aluminum Alloys Market Import-Export Trade Statistics |
7.1 India Aluminum Alloys Market Export to Major Countries |
7.2 India Aluminum Alloys Market Imports from Major Countries |
8 India Aluminum Alloys Market Key Performance Indicators |
8.1 Energy efficiency improvements in aluminum alloy production processes. |
8.2 Adoption rate of aluminum alloys in key industries like automotive and aerospace. |
8.3 Innovation rate in aluminum alloy product development. |
9 India Aluminum Alloys Market - Opportunity Assessment |
9.1 India Aluminum Alloys Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 India Aluminum Alloys Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Aluminum Alloys Market - Competitive Landscape |
10.1 India Aluminum Alloys Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Alloys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |