Industry: Materials and Chemical | Publish Date: 01-Oct-2024 | No of Pages: 77 | No. of Tables: 48 | No. of Figures: 33 | Format: PDF | Report Code : MC1351
Netherlands Aluminium Market size was valued at USD 8.19 billion in 2023, and is predicted to reach USD 11.33 billion by 2030, at a CAGR of 4.7% from 2024 to 2030.
The aluminum market involves the sector engaged in the production, distribution, and application of aluminum, a lightweight and silvery-white metal. Aluminum constitutes about 8% of the Earth's crust and is known for its low density, high strength, and natural corrosion resistance due to an oxide layer.
These attributes make aluminum valuable for aerospace, automotive, construction, packaging, and electronics industries. Its lightweight nature improves efficiency, especially in transportation.
The production of aluminum involves processing bauxite ore using the Bayer process and electrolysis. Improvements in technology and recycling have enhanced production sustainability, supported industry growth and reduced environmental impact.
The Netherlands’ imports large quantities of aluminum to support its major industries, including manufacturing, automotive, aerospace, construction, and packaging. This demand drives market growth.
In 2022, the Netherlands imported about 35 million metric tonnes of aluminum, making it the second-largest importer in Europe, according to the Global Aluminum Trade Monitor. The country imports aluminum to satisfy domestic needs, take advantage of trade networks, improve processing capabilities, and meet sustainability goals.
The robust industrial sector significantly drives the growth of the aluminum market. The country’s advanced manufacturing industries, including automotive, aerospace, and construction, rely heavily on aluminum for its strength, lightweight properties, and versatility. As a key component in these sectors, aluminum is essential for producing high-performance parts and infrastructure.
According to industry reports, the Netherlands strong industrial base has led to substantial aluminum imports to support ongoing and expanding projects. This high demand for aluminum reflects the sector's growth and innovation, with aluminum playing a crucial role in advancing technological and structural developments. As industries continue to expand is further fueling Netherlands aluminium market growth.
The aluminium industry faces challenges from environmental regulations and sustainability requirements, including emissions control, waste management, and energy efficiency targets, that leads to higher operational costs for some producers.
Compliance with strict emissions standards, waste management rules, and energy consumption goals often necessitates substantial investments and efforts to reduce the environmental impact of aluminium production.
These sustainability measures are designed to minimize emissions, ensure responsible waste management, and promote energy efficiency. Although these regulations are essential for fostering a greener and more sustainable industry, they also contribute to the overall costs and complexities of aluminium production.
The increasing emphasis on sustainable packaging presents substantial growth opportunities for the aluminum market. 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 of the Netherlands aluminium market expansion.
Several key players operating in Netherlands aluminium industry include Alcoa Corporation, Norsk Hydro ASA, Nedal Aluminium BV, Century Aluminum, Euro Aluminium B.V., and others.
Flat-Rolled
Castings
Extrusions
Forgings
Powder & Paste
Other Types
Primary
Secondary
Transport
Consumer Goods
Machinery & Equipment
Construction
Foil & Packaging
Electrical Engineering
Others
Alcoa Corporation
Norsk Hydro ASA
Nedal Aluminium BV
Century Aluminum
Euro Aluminium B.V.
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 8.19 Billion |
Revenue Forecast in 2030 |
USD 11.33 Billion |
Growth Rate |
CAGR of 4.7% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
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. |