Vietnam Automotive Aluminum Market Size, Share, Trends and Forecast by Product Form, Vehicle Type, Application, and Region, 2026-2034

Report Format: PDF+Excel | Report ID: SR112025A44176

Vietnam Automotive Aluminum Market Overview:

The Vietnam automotive aluminum market size reached USD 176.17 Million in 2025. The market is projected to reach USD 345.09 Million by 2034, exhibiting a growth rate (CAGR) of 7.76% during 2026-2034. The market is driven by Vietnam shifting rapidly toward electric vehicle adoption along with the usage of lightweight automotive materials. Also, aggressive infrastructure development programs resulting in construction-related aluminum demand are resulting in creating increased aluminum consumption across multiple manufacturing sectors. as a consequence, this emphasis support the Vietnam automotive aluminum market share.

Report Attribute	Key Statistics
Base Year	2025
Forecast Years	2026-2034
Historical Years	2020-2025
Market Size in 2025	USD 176.17 Million
Market Forecast in 2034	USD 345.09 Million
Market Growth Rate 2026-2034	7.76%

Vietnam Automotive Aluminum Market Trends:

Electric Vehicle Revolution Drives Aluminum Adoption

Vietnam's automotive sector is currently undergoing a transformative shift that is fundamentally altering demand for automotive aluminum through electric vehicle production with adoption. This transition happens because the government committed itself to green mobility and established within the country domestic EV manufacturing capabilities. More aluminum parts are needed for electric vehicles than typical gasoline-powered vehicles. Aluminum components are used particularly for battery enclosures with structural frames and heat management systems. The lightweight properties of aluminum are crucial for offsetting the weight of heavy battery packs, thereby extending vehicle range and improving energy efficiency. Major automotive investments, including the establishment of EV manufacturing facilities by international companies, are creating substantial opportunities for aluminum suppliers to expand their automotive-grade product offerings and develop specialized alloys tailored for electric vehicle applications.

Infrastructure Development Catalyzing Market Expansion

Vietnam's ambitious infrastructure development program is creating unprecedented demand for aluminum across multiple sectors, directly benefiting the automotive aluminum market through expanded supply chain capabilities and industrial growth. This robust infrastructure development includes the construction of roads, bridges, airports, ports, and industrial facilities that support automotive manufacturing and logistics networks. The government's emphasis on developing smart cities and sustainable infrastructure is particularly favorable for aluminum adoption, as the metal's durability, corrosion resistance, and recyclability align with environmental sustainability goals. This infrastructure boom is also attracting foreign direct investment in automotive manufacturing, creating additional demand for automotive-grade aluminum components and driving the need for local aluminum processing capabilities that can meet automotive industry quality standards.

Industrial Manufacturing Growth and Technological Advancement

Vietnam's rapid industrialization and urbanization are driving substantial growth in manufacturing capabilities, directly supporting the Vietnam automotive aluminum market growth through enhanced production capacity and technological innovation. The country's emergence as a regional manufacturing hub is attracting automotive component producers and assembly operations, creating a robust ecosystem for automotive aluminum applications. Advanced manufacturing technologies, including high-pressure die casting and precision extrusion processes, are being adopted to meet the stringent quality requirements of automotive applications. This technological advancement is enabling Vietnamese aluminum manufacturers to produce complex automotive components such as engine blocks, transmission housings, suspension components, and structural elements. The integration of Industry 4.0 technologies and automation in aluminum processing is improving production efficiency, quality consistency, and cost competitiveness, positioning Vietnam as an attractive destination for automotive aluminum manufacturing and processing operations.

Vietnam Automotive Aluminum Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2026-2034. Our report has categorized the market based on product form, vehicle type, and application.

Product Form Insights:

Cast Aluminum
- Die-casting
- Permanent Mold Casting
- Sand Casting
Rolled Aluminum
- Aluminum Plate
- Aluminum Sheet
- Aluminum Foil
Extruded Aluminum

A detailed breakup and analysis of the market based on the product form have also been provided in the report. This includes cast aluminum (die-casting, permanent mold casting, and sand casting), rolled aluminum (aluminum plate, aluminum sheet, and aluminum foil), and extruded aluminum.

Vehicle Type Insights:

Passenger Cars
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)

The report has provided a detailed breakup and analysis of the market by vehicle type. This includes passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV).

Application Insights:

Powertrain
- Pistons
- Engine Blocks
- Fuel Systems
- Heat Shields
- Heat Exchangers
Chassis and Suspension
- Suspension Parts
- Wheels
- Steering Systems
- Brake Systems
Car Body
- Body Structure
- Roof and Trim
- Car Interiors
- Hang-on Parts

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes powertrain (pistons, engine blocks, fuel systems, heat shields, and heat exchangers), chassis and suspension (suspension parts, wheels, steering systems, and brake systems), and car body (body structure, roof and trim, car interiors, and hang-on parts).

Regional Insights:

Northern Vietnam
Central Vietnam
Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Automotive Aluminum Market News:

April 2024: Vinacomin, Vietnam's top mining company, announced plans to invest 182 Trillion Dong (USD 7.3 Billion) to expand alumina-aluminum production capacity, including raising the Nhan Co Alumina complex capacity to 2 million tons annually from 650,000 tons and tripling the Dak Nong complex capacity to 2 million tons of alumina and 0.5-1 million tons of aluminum per year. This massive expansion aligns with the company's strategy to address the increasing demand for aluminum both domestically and for export, positioning Vietnam as a major regional aluminum producer.
April 2024: Chinese automaker Chery's subsidiaries Omoda & Jaecoo established an USD 800 Million joint venture with Vietnamese conglomerate Geleximco to build a manufacturing plant in Thai Binh Province, marking the first Chinese EV manufacturer to establish operations in Vietnam. The facility will have production capacity of 200,000 vehicles annually and represents a significant milestone in Vietnam's automotive industry development, directly boosting demand for automotive aluminum components.

Vietnam Automotive Aluminum Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2025
Historical Period	2020-2025
Forecast Period	2026-2034
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Product Form Vehicle Type Application Region
Product Forms Covered	Cast Aluminum: Die-casting, Permanent Mold Casting, Sand Casting Rolled Aluminum: Aluminum Plate, Aluminum Sheet, Aluminum Foil Extruded Aluminum
Vehicle Types Covered	Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
Applications Covered	Powertrain: Pistons, Engine Blocks, Fuel Systems, Heat Shields, Heat Exchangers Chassis and Suspension: Suspension Parts, Wheels, Steering Systems, Brake Systems Car Body: Body Structure, Roof and Trim, Car Interiors, Hang-on Parts
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Vietnam automotive aluminum market performed so far and how will it perform in the coming years?
What is the breakup of the Vietnam automotive aluminum market on the basis of product form?
What is the breakup of the Vietnam automotive aluminum market on the basis of vehicle type?
What is the breakup of the Vietnam automotive aluminum market on the basis of application?
What is the breakup of the Vietnam automotive aluminum market on the basis of region?
What are the various stages in the value chain of the Vietnam automotive aluminum market?
What are the key driving factors and challenges in the Vietnam automotive aluminum market?
What is the structure of the Vietnam automotive aluminum market and who are the key players?
What is the degree of competition in the Vietnam automotive aluminum market?

Key Benefits for Stakeholders:

IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam automotive aluminum market from 2020-2034.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam automotive aluminum market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam automotive aluminum industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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