Aluminium Raw Material Market size is estimated to be USD 100 Billion in 2024 and is expected to reach USD 150 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
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Malaysia's aluminium raw material market has experienced significant growth, with production reaching approximately 956,000 metric tons in 2023, up from 291,000 metric tons in 2013. This expansion is driven by increasing demand from various industries, including automotive, construction, and packaging.In the automotive sector, the use of aluminium has become increasingly prevalent due to its lightweight and high-strength properties. This trend is expected to continue, with the automotive aluminium market in Malaysia projected to grow at a compound annual growth rate (CAGR) of 8% through 2032. The adoption of electric vehicles (EVs) further fuels this demand, as manufacturers seek materials that enhance vehicle efficiency and range.The construction industry also contributes to the rising demand for aluminium, utilizing it in applications such as window frames, doors, and building facades. Aluminium's corrosion resistance and recyclability make it an attractive choice for sustainable building practices.Malaysia's aluminium exports have seen substantial growth, with raw aluminium exports totaling $3.99 billion in 2023. Key export destinations include China, Turkey, Japan, South Korea, and Vietnam. This export strength underscores Malaysia's position as a significant player in the global aluminium market.To meet the evolving requirements of industries, Malaysian aluminium producers are focusing on sustainability and innovation. For instance, Press Metal has launched a low-carbon aluminium product line, GEM, which features carbon footprint traceability and supply chain transparency. This initiative aligns with the growing demand for environmentally responsible materials in sectors like automotive and packaging. As Malaysia continues to develop its aluminium industry, the emphasis on sustainable practices and technological advancements will be crucial in meeting both domestic and international demands. The country's strategic investments and commitment to innovation position it well to capitalize on the increasing global need for high-quality aluminium raw materials.
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Rusal
Rio Tinto
Alcoa
EGA
Yinhai Aluminum
Xinfa Group
Norsk Hydro
Alba
Chalco
SNTO
Noranda Aluminum
Glencore
Matalco
Jiangyin Tianyang Metal
Luoyang Wanji Aluminium
Kumz
Aluar
Henan Haihuang
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By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Aluminium Raw Material Market
Wrought Alloys
Casted Alloys
Heat-Treatable Alloys
Non-Heat-Treatable Alloys
Aluminium Sheets
Aluminium Foils
Aluminium Plates
Aluminium Extrusions
Aluminium Ingots
Aerospace
Automotive
Construction
Electrical and Electronics
Packaging
Marine
Post-Consumer Recycling
Post-Industrial Recycling
Direct Recycling
Direct Sales
Distributors
Online Sales
Retail and Wholesale
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Aluminium Raw Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Aluminium Raw Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Aluminium Raw Material Market, By Type
6. Malaysia Aluminium Raw Material Market, By Application
7. Malaysia Aluminium Raw Material Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Aluminium Raw Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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