France Aluminium Market

Plastic Optic Fiber Market Report Thumbnail

France Aluminium Market by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, and Other Types), by Type (Primary and Secondary), and by End-User Industry (Transport, Consumer Goods, Machinery & Equipment, Construction, Foil & Packaging, Electrical Engineering, and Others) –Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Materials and Chemical | Publish Date: 01-Oct-2024 | No of Pages: 110 | No. of Tables: 78 | No. of Figures: 43 | Format: PDF | Report Code : MC1348

  • Facebook
  • Linkedin
  • Whatsapp

France Aluminium Market Overview

France Aluminium Market size was valued at USD 4.11 billion in 2023, and is predicted to reach USD 5.88 billion by 2030, at a CAGR of 5.3% from 2024 to 2030.  The aluminum market includes the industry involved in the production, distribution, and use of aluminum, a lightweight, silvery-white metal. Aluminum makes up around 8% of the Earth's crust and is noted for its low density, strength, and natural corrosion resistance due to an oxide layer.

These features make it highly useful in sectors such as aerospace, automotive, construction, packaging, and electronics. Its low weight is especially beneficial for improving efficiency in transportation. The production process involves extracting aluminum from bauxite ore using the Bayer process and electrolysis. Advances in technology and recycling have improved the environmental sustainability of production, supporting industry growth.

Rising Automotive Demand Drives Aluminum Market Growth in France

The rising France aluminium market demand for automobiles is significantly fueling the growth of the aluminum market in France. As the automotive industry continues to expand, car manufacturers are increasingly turning to aluminum due to its lightweight and durable characteristics, that enhance fuel efficiency and overall vehicle performance.

Aluminum’s ability to reduce vehicle weight while maintaining safety and structural integrity makes it an ideal material for critical components, such as body panels, engine parts, and structural elements. This heightened demand for aluminum in the automotive sector is further supported by the industry's focus on meeting stringent emissions standards and improving energy efficiency. Consequently, the increasing production and sales of vehicles drive a substantial rise in the need for aluminum, contributing to the overall growth of the aluminum market in France.

 

Growth in Renewable Energy Sector Boosts Aluminum Market in France.

The growth of renewable energy sources in France, such as wind, solar, and hydroelectric power, is greatly enhancing the aluminum market. Government policies and incentives supporting the expansion of these energy sources have resulted in more investments and job opportunities. Aluminum plays a vital role in renewable energy infrastructure because of its lightweight, strength, and resistance to corrosion. It is essential for building wind turbines, solar panels, and hydroelectric systems.

 

Environmental and Regulatory Constraints Hinders the Growth of Aluminium Market

The aluminum industry is challenged by environmental regulations and sustainability requirements, including emissions control, waste management, and energy efficiency targets, that increases operational costs for some producers. Meeting strict emissions standards, adhering to waste management rules, and achieving energy consumption goals often require significant investments and efforts to reduce the environmental impact of aluminum production. These sustainability measures, while crucial for creating a greener and more sustainable industry, also add to the overall costs and complexities of aluminum production.

Sustainable Packaging Creates Ample Future Opportunities

The increasing emphasis on sustainable packaging presents substantial growth for the France aluminium market opportunities. Aluminum is well-suited for packaging applications such as cans, bottles, and foils because of its recyclability and effectiveness in preserving product quality and freshness. 

As eco-conscious consumers and brands seek to minimize their environmental impact, they are increasingly selecting aluminum as their preferred packaging material. This choice helps reduce waste and supports sustainability, aligning with broader environmental goals. The growing demand for eco-friendly packaging solutions is a major driver in the France aluminium market growth.

 

Competitive Landscape  

Several key players operating in France aluminium industry include Norsk Hydro ASA, Novelis, Constellium SE, Installux SA, Aluminium Dunkerque, United Company RUSAL Plc., Aluminium Solution Group, Reynaers Aluminium, Aluminium Martigny France, Aludium Castelsarrasin, and others.

France Aluminium Market Key Segments

By Product Type

  • Flat-Rolled

  • Castings

  • Extrusions

  • Forgings

  • Powder & Paste

  • Other Types        

By Type        

  • Primary

  • Secondary

By End-User Industry         

  • Transport

  • Consumer Goods

  • Machinery & Equipment

  • Construction

  • Foil & Packaging

  • Electrical Engineering

  • Others

Key Players

  • Norsk Hydro ASA

  • Novelis

  • Constellium SE

  • Installux SA

  • Aluminium Dunkerque

  • United Company RUSAL Plc.

  • Aluminium Solution Group

  • Reynaers Aluminium

  • Aluminium Martigny France

  • Aludium Castelsarrasin

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 4.11 Billion

Revenue Forecast in 2030

USD 5.88 Billion

Growth Rate

CAGR of 5.3% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • The rising automotive industry drives the growth of the market.
  • The growth of renewable energy sector further fuels the growth of the market.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Bar chart Pie chart Pie chart

Frequently Asked Questions

According to Next Move Strategy Consulting, France aluminium industry size reached USD 4.11 billion in 2023.

The key players operating in France aluminium market are Norsk Hydro ASA, Novelis, Constellium SE, Installux SA, Aluminium Dunkerque, United Company RUSAL Plc, Aluminium Solution Group, Reynaers Aluminium, Aluminium Martigny France, Aludium Castelsarrasin, and others.

According to the Next Move Strategy Consulting, the size of France aluminium market is estimated to reach USD 5.88 billion by 2030, at a CAGR of 5.3% from 2024 to 2030.

The environmental and regulatory constraints hinder France aluminium market.

Some of the end-user industries include construction, transport, consumer electronics, and others.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more