Market Forecast By Product (Shapes, Rods & Bars, Pipes & Tubes), By Application (Building & Construction, Automotive & Transportation, Consumer Goods, Electrical & Energy, Others) And Competitive Landscape
Product Code: ETC249810 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Aluminum Extrusion Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.24% in 2025, the market peaks at 15.00% in 2027, and settles at 13.32% by 2029.
In the Asia region, the Aluminum Extrusion market in Vietnam is projected to expand at a high growth rate of 15.00% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam aluminum extrusion market is experiencing significant growth, driven by the expanding construction and automotive industries. The demand for lightweight, durable materials has led to an increased use of aluminum extrusions in various applications such as window frames, doors, and automotive components. With a focus on sustainable practices, the market is also witnessing a surge in the adoption of recycled aluminum extrusions. The market players are actively engaged in product innovation and technological advancements to meet the evolving demands of end-users.
The Vietnam Aluminum Extrusion market is experiencing a surge in demand, propelled by the construction and transportation sectors. Aluminum extrusions, with their ability to provide cost-effective and sustainable solutions, are integral to modern architectural designs and lightweight vehicle manufacturing. The trend towards energy-efficient buildings and vehicles has elevated the significance of aluminum extrusions, as they contribute to reducing overall weight and enhancing thermal performance. Additionally, the material`s corrosion resistance and low maintenance requirements make it an attractive choice for long-term investments. With Vietnam`s infrastructure development gaining momentum, the aluminum extrusion market is well-positioned for sustained growth.
The Vietnam Aluminum Extrusion Market encounters challenges related to the complexity of the extrusion process and the need for advanced technology. Maintaining precision and quality in extruded products demands sophisticated machinery and skilled labor, posing a hurdle for small and medium-sized enterprises. The market is also influenced by global geopolitical factors impacting the supply chain, including access to raw materials and the stability of international trade agreements. Striking a balance between cost-effectiveness and quality remains a persistent challenge for businesses operating in this sector.
In the wake of the COVID-19 pandemic, the Vietnam Aluminum Extrusion Market faced challenges due to disruptions in global trade and manufacturing. The restrictions on movement and the closure of construction sites impacted both production and demand. Companies in the market adopted cost-cutting measures and invested in digital solutions to enhance resilience. The recovery is underway, with a focus on sustainable practices and leveraging technological innovations to stay competitive.
The Vietnam Aluminum Extrusion market showcases key players like Aluk Group Vietnam Co., Ltd., Vinh Hung Investment and Production Co., Ltd., and Tung Kuang Industrial Joint Stock Company. These companies are prominent in the field of aluminum extrusion, providing customized solutions for architectural and industrial applications.
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 Vietnam Aluminum Extrusion Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Aluminum Extrusion Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Aluminum Extrusion Market - Industry Life Cycle |
3.4 Vietnam Aluminum Extrusion Market - Porter's Five Forces |
3.5 Vietnam Aluminum Extrusion Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Vietnam Aluminum Extrusion Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Aluminum Extrusion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Aluminum Extrusion Market Trends |
6 Vietnam Aluminum Extrusion Market, By Types |
6.1 Vietnam Aluminum Extrusion Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Aluminum Extrusion Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Vietnam Aluminum Extrusion Market Revenues & Volume, By Shapes, 2021-2031F |
6.1.4 Vietnam Aluminum Extrusion Market Revenues & Volume, By Rods & Bars, 2021-2031F |
6.1.5 Vietnam Aluminum Extrusion Market Revenues & Volume, By Pipes & Tubes, 2021-2031F |
6.2 Vietnam Aluminum Extrusion Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Aluminum Extrusion Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Vietnam Aluminum Extrusion Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 Vietnam Aluminum Extrusion Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 Vietnam Aluminum Extrusion Market Revenues & Volume, By Electrical & Energy, 2021-2031F |
6.2.6 Vietnam Aluminum Extrusion Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Aluminum Extrusion Market Import-Export Trade Statistics |
7.1 Vietnam Aluminum Extrusion Market Export to Major Countries |
7.2 Vietnam Aluminum Extrusion Market Imports from Major Countries |
8 Vietnam Aluminum Extrusion Market Key Performance Indicators |
9 Vietnam Aluminum Extrusion Market - Opportunity Assessment |
9.1 Vietnam Aluminum Extrusion Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Vietnam Aluminum Extrusion Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Aluminum Extrusion Market - Competitive Landscape |
10.1 Vietnam Aluminum Extrusion Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Aluminum Extrusion Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |