France Aluminium Market Report Forecast Till 2030
France Aluminium Market by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, Other Types), by Type (Primary and Secondary), by End User Industry (Transport, Consumer Goods, Machinery & Equipment, Construction, Foil and Packaging, Electrical Engineering, Others) – Opportunity Analysis and Industry Forecast 2024–2030
France Aluminium Market by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, Other Types), by Type (Primary and Secondary), by End User Industry (Transport, Consumer Goods, Machinery & Equipment, Construction, Foil and Packaging, Electrical Engineering, Others) – Opportunity Analysis and Industry Forecast 2024–2030
France Aluminium Market was valued at USD 4.11 billion in 2023, and is predicted to reach USD 6.17 billion by 2030, with a CAGR of 5.3% from 2024 to 2030.
As the demand for automobiles increases in France, there is a greater need for lightweight and durable materials, and aluminium has become a preferred choice in the automotive sector. In 2021, France reported around 1.66 million new passenger cars and 483,279 commercial vehicle sales, respective increases of 0.5 and 7.42 percent year-over-year, still below the country’s 2019 sales volume. Aluminium is used for manufacturing components like body panels, engine parts, and structural elements in vehicles. The automotive industry's reliance on aluminium contributes to the growth of the aluminium market in France.
However, the aluminium industry is affected by environmental regulations and sustainability requirements such as emissions control, waste management, and energy efficiency targets, which can increase operational costs and pose challenges for some producers. Compliance with stringent emissions standards, waste management regulations, and energy consumption targets can require significant investments and efforts to reduce the environmental impact of aluminium production. These sustainability measures aim to minimize emissions, promote responsible waste management, and encourage energy efficiency. While these regulations are essential to promote a greener and more sustainable industry, they can add to the overall costs and complexities of aluminium production.
On the other hand, the increasing emphasis on sustainable packaging is expected to create ample growth opportunities for the market in the future. Aluminium is well-suited for applications such as cans, bottles, and foils, benefiting from its recyclability and ability to maintain product quality and freshness. Eco-conscious consumers and brands seeking to minimize their environmental impact prefer aluminium as a preferred choice. By opting for aluminium packaging, they reduce waste and promote sustainability, aligning with their commitment to a greener future. This growing demand for sustainable packaging solutions drives the growth of the aluminium market.
Segment Overview
• The France aluminium industry is segmented on the basis of product type, type, and end user industry.
• By product type, the market is segmented into flat-rolled, casting, extrusions, forgings, power and paste, and other types.
• By type, the market is divided into primary and secondary.
• By end user industry, the market is classified into transport, consumer goods, machinery and equipment, construction, foil and packaging, electrical engineering, and others.
Key Market Players
• The key players in the France aluminium market research include companies such as:
• Aluminium Corporation of China Limited (CHALCO)
• Hindalco Industries Ltd.
• Norsk Hydro ASA
• China Hongqiao Group Limited
• United Company RUSAL PLC
• Rio Tinto
• East Hope Group Company Limited
• Xinfa Group Co., Ltd.
• Alcoa Corporation
• Arconic Inc.
• Emirates Global Aluminium PJSC
• Vedanta Aluminium and Power
• Ma’aden
• South32
• Century Aluminium Company
KEY BENEFITS
• The France aluminium market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the France aluminium market is provided in the report.
• The competitive analysis of the market players along with their market share in the France aluminium market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
