Vietnam Aluminum Extrusion Market

Vietnam Aluminum Extrusion Market Overview

• The Vietnam Aluminum Extrusion Market is valued at USD 2.0 billion, based on a five-year historical analysis and the fact that extrusions account for around 40% of the overall Vietnam aluminum market value. This growth is primarily driven by the increasing demand for aluminum in construction, transportation, electrical and electronics, and industrial machinery, supported by strong infrastructure spending and manufacturing expansion in Vietnam. The market has seen a significant rise in the adoption of aluminum extrusions due to their lightweight, durability, corrosion resistance, and recyclability, aligning with global and national sustainability initiatives and the shift toward energy?efficient building envelopes and lighter vehicle structures.
• Key cities such as Ho Chi Minh City and Hanoi dominate the market due to their robust industrial bases, real estate development, and concentration of downstream manufacturing for construction products, electronics, and transport equipment. These urban centers are experiencing rapid urbanization and economic growth, leading to increased demand for aluminum extrusions in building frames, curtain walls, doors and windows, and industrial components. Additionally, the clustering of major extrusion and fabrication facilities in southern and northern industrial corridors around Ho Chi Minh City and Hanoi further strengthens their market position through logistics advantages and closer proximity to export ports.
• Regulations on construction materials and energy performance indirectly support the use of aluminum extrusions in Vietnam. In particular, the National Technical Regulation on Energy-Efficient Buildings QCVN 09:2017/BXD issued by the Ministry of Construction sets requirements for building envelope performance, including windows, facades, and glazing systems, encouraging the use of thermally improved aluminum frames and curtain wall systems in new and renovated public and commercial buildings. This framework, together with green building certifications such as LEED and EDGE increasingly adopted in Vietnam, supports rising demand for high?performance aluminum extrusion systems in the construction sector.

Vietnam Aluminum Extrusion Market Segmentation

By Type (Extrusion Type):The market is segmented into various types of aluminum extrusions, including solid profiles, semi-hollow profiles, hollow profiles, rods & bars, pipes & tubes, precision/fabricated extrusions, and others. This classification is consistent with common processing?type breakdowns used in Vietnam’s aluminum industry, where extruded profiles and fabricated sections form the core of construction and industrial applications. Among these, solid profiles and hollow profiles are the most prominent due to their extensive applications in residential and commercial buildings, infrastructure, transportation equipment, and industrial machinery. Solid profiles are widely used for structural and framing applications such as door and window systems, mullions, beams, and industrial frames, while hollow profiles are favored for their combination of lightweight and high stiffness, making them ideal for facades, curtain walls, vehicle body structures, and modular assembly systems.

By End-User Industry:The aluminum extrusion market is further segmented by end-user industries, including building & construction, transportation, electrical & electronics, industrial & machinery, consumer durables & furniture, and others. This structure aligns with how leading Vietnam aluminum market studies classify demand across construction, transport, electrical, and machinery segments. The building & construction sector is the largest consumer of aluminum extrusions, supported by strong investment in housing, commercial real estate, and infrastructure, and by wider use of aluminum window frames, curtain walls, roofing, and formwork systems as developers target better thermal performance and lower maintenance. The transportation sector also shows significant growth due to the rising use of lightweight aluminum profiles in automotive, rail, and two?wheeler components, as well as emerging electric vehicle and logistics fleets where weight reduction and corrosion resistance are critical.

Vietnam Aluminum Extrusion Market Competitive Landscape

The Vietnam Aluminum Extrusion Market is characterized by a dynamic mix of regional and international players. Leading participants such as Vietnam National Aluminium Profile Joint Stock Company (Vijalco), TungYang Co., Ltd. (Vietnam), Dai Dong Tieng Viet Aluminium Joint Stock Company, Dong A Aluminium Joint Stock Company (Nhôm ?ông Á), Hyundai Aluminum Vina Co., Ltd., Tung Shin Vietnam Co., Ltd. (Aluminum Extrusions), Vietnam Yongxing Aluminium Co., Ltd., Sapphire Aluminium Vietnam Co., Ltd., Vina Aluminium Co., Ltd., Sunjin Aluminium Co., Ltd. (Vietnam), Nam Kim Aluminium Profiles Joint Stock Company, Phu My Aluminium Extrusion Joint Stock Company, Viet Phap Aluminium Joint Stock Company (Vifa), Minh Phat Aluminium Co., Ltd., Tien Phong Aluminium Joint Stock Company contribute to innovation, geographic expansion, and service delivery in this space.

Vietnam Aluminum Extrusion Market Industry Analysis

Growth Drivers

• Increasing Demand from Construction Sector:The construction sector in Vietnam is projected to grow significantly, with an estimated investment of $120 billion in infrastructure projects in future. This surge is driven by urbanization and government initiatives, leading to a heightened demand for aluminum extrusions, which are favored for their lightweight and durable properties. In future, the construction industry is expected to contribute approximately 8% to Vietnam's GDP, further boosting aluminum usage in building materials.
• Government Initiatives Promoting Aluminum Usage:The Vietnamese government has implemented policies to promote the use of aluminum in various sectors, including construction and transportation. In future, the government plans to allocate $3 billion for infrastructure development, which includes incentives for using sustainable materials like aluminum. These initiatives aim to reduce carbon emissions and enhance energy efficiency, thereby increasing the demand for aluminum extrusions in the market.
• Rising Automotive Industry Requirements:Vietnam's automotive industry is experiencing rapid growth, with production expected to reach 600,000 vehicles in future. This growth is driving the demand for lightweight materials, including aluminum extrusions, which are essential for improving fuel efficiency and performance. The automotive sector's shift towards electric vehicles is also increasing the need for advanced aluminum components, further propelling market growth in this segment.

Market Challenges

• High Competition from Alternative Materials:The aluminum extrusion market faces significant competition from alternative materials such as steel and plastics, which are often cheaper and more readily available. In future, the price of aluminum is projected to be around $2,600 per ton, while steel prices are expected to remain lower at approximately $1,200 per ton. This price disparity poses a challenge for aluminum extruders in maintaining market share against these alternatives.
• Fluctuating Raw Material Prices:The aluminum industry is highly sensitive to fluctuations in raw material prices, particularly bauxite and alumina. In future, the price of alumina is anticipated to rise by 20% due to supply chain disruptions and increased global demand. Such volatility can impact production costs for aluminum extruders, making it difficult to maintain competitive pricing and profit margins in the market.

Vietnam Aluminum Extrusion Market Future Outlook

The Vietnam aluminum extrusion market is poised for significant growth, driven by increasing demand from the construction and automotive sectors. As the government continues to promote sustainable practices, the adoption of aluminum in various applications is expected to rise. Additionally, advancements in extrusion technology will enhance production efficiency. However, challenges such as competition from alternative materials and raw material price volatility will require strategic responses from industry players to capitalize on emerging opportunities effectively.

Market Opportunities

• Expansion in Renewable Energy Applications:The shift towards renewable energy sources presents a significant opportunity for aluminum extrusions, particularly in solar panel frames and wind turbine components. With Vietnam's renewable energy capacity projected to reach 25% of total energy in future, the demand for lightweight and durable aluminum products in this sector is expected to increase substantially.
• Growth in Lightweight Automotive Components:As the automotive industry increasingly focuses on reducing vehicle weight to enhance fuel efficiency, the demand for lightweight aluminum components is set to rise. With the Vietnamese automotive market projected to grow by 12% annually, manufacturers are likely to invest in aluminum extrusions to meet these evolving requirements, creating a lucrative opportunity for suppliers in this segment.