Asia-Pacific Low-Carbon Aluminum Market Analysis And Forecast, 2024-2034: Climate Mitigation Initiatives To Increase Demand For Sustainably Sourced Aluminum

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 16, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Low-Carbon Aluminum Market: Focus on Application, Product, and Country - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific low-carbon aluminum market is projected to reach $61.63 billion by 2034 from $34.17 billion in 2024, growing at a CAGR of 6.08% during the forecast period 2024-2034

The growing demand for low-carbon aluminum is being driven by the rising popularity of electric vehicles, which utilize lightweight materials. Among various sectors, the automotive industry stands out for its significant efforts toward decarbonization, leading to widespread adoption of low-carbon aluminum. Government regulations further incentivize the use of low-carbon aluminum, as it aids in reducing vehicle weight, thereby enhancing fuel efficiency. Additionally, low-carbon aluminum contributes to reducing CO2 emissions, making it an environmentally friendly choice for automotive applications.

Market Introduction
An important factor driving the growing demand for low-carbon aluminium in the Asia-Pacific (APAC) region is the burgeoning electric vehicle (EV) sector, which places a strong emphasis on the use of sustainable and lightweight materials. Electric mobility is a key component of the sustainability agendas of nations like China, Japan, South Korea, and India, which are stepping up their efforts to decarbonise the transportation industry. Because of its emphasis on increasing energy efficiency and fulfilling strict emission requirements, the automobile industry in Asia-Pacific stands out among other end-use industries as a significant driver of the adoption of low-carbon aluminium.
Furthermore, APAC's growing awareness of climate change and its commitment to achieving net-zero targets are prompting both domestic and international automotive manufacturers to source greener raw materials. As a result, low-carbon aluminum is becoming a preferred choice for automakers aiming to meet both regulatory and consumer expectations for sustainability. The region's large-scale industrial capacity and investments in green manufacturing technologies further strengthen its position as a key market for low-carbon aluminum in the years to come.
The market for low-carbon aluminium in Asia-Pacific is expanding rapidly due to rising environmental consciousness, industry decarbonisation initiatives, and an increase in environmentally friendly production methods. The need for environmentally friendly materials is growing as a result of tougher emissions laws being implemented in nations like China, Japan, South Korea, and India.
Because of its lower carbon footprint and ability to be recycled, low-carbon aluminium is becoming more and more popular in important sectors including electronics, packaging, construction, and the automobile industry. With the help of technology developments and calculated investments in clean energy sources, the area is emerging as a key centre for environmentally friendly aluminium production as governments and businesses strive for net-zero goals.

Market Trends, Drives and Challenges of APAC Low-Carbon Aluminum Market
Growing industrial decarbonisation initiatives and government regulations are driving the APAC low-carbon aluminium market. Rising demand from the electronics, construction, and automotive industries has accelerated growth, while advancements in smelting and recycling technologies driven by renewable energy have also fuelled expansion. Important developments include growing sustainable production capacity, significant investments in environmentally friendly methods, and key partnerships.
Strong laws, consumer demand for eco-friendly products, and international pledges to achieve net-zero emissions are the main factors driving the market. Nevertheless, obstacles including exorbitant production prices, restricted access to renewable energy, unclear regulations, and supply chain interruptions still impede steady market sustainability and quick growth. They continue to be important industry obstacles.
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different sources of production and products involved in the low-carbon aluminum market. The source of production segment has been segmented into solar energy, wind energy, hydro energy, recycling, carbon capture and storage (CCS), and others. Moreover, the study provides the reader with a detailed understanding of the low-carbon aluminum market based on end users, including transportation, building and construction, the electrical industry, consumer goods, foil and packaging, machinery and equipment, and others. The increasing adoption of low-carbon aluminum in manufacturing components in sustainable technologies is expected to fuel the growth of the market.
Growth/Marketing Strategy: The APAC low-carbon aluminum market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been business expansions to strengthen their position in the low-carbon aluminum market.
Competitive Strategy: Key players in the APAC low-carbon aluminum market analyzed and profiled in the study involve low-carbon aluminum producers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the low-carbon aluminum market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis

• Vedanta Aluminium & Power
• China Hongqiao Group Limited
• Capral Limited
• Runaya
• South32
• PT Indonesia Asahan Aluminium

Key Attributes:

Report Attribute	Details
No. of Pages	85
Forecast Period	2024 - 2034
Estimated Market Value (USD) in 2024	$34.17 Billion
Forecasted Market Value (USD) by 2034	$61.63 Billion
Compound Annual Growth Rate	6.0%
Regions Covered	Asia Pacific

Key Topics Covered:
Executive Summary
Scope and Definition
1 Market: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Increasing Investments in Low-Carbon Aluminum
1.1.2 Government Activities Toward the Establishment of Low-Carbon Infrastructure
1.2 Supply Chain Overview
1.3 Ecosystem of the Low-Carbon Aluminum Market
1.3.1 Regulatory/Certification Bodies
1.3.2 Government Programs
1.3.3 Programs by Research Institutions and Universities
1.4 Market Dynamics Overview
1.4.1 Market Drivers
1.4.1.1 Increasing Attention of Governments toward Decarbonization of Core Contributing Commodities
1.4.1.2 Growing Research and Development Activities to Achieve Near Zero Emissions
1.4.2 Market Challenges
1.4.2.1 Lower Recycling Rates for Aluminum in Various Industries
1.4.2.2 Volatile Low-Carbon Aluminum Prices
1.4.3 Business Strategies
1.4.3.1 Product Developments
1.4.3.2 Market Developments
1.4.4 Corporate Strategies
1.4.4.1 Partnerships and Joint Ventures
1.4.5 Market Opportunities
1.4.5.1 Low-Carbon Aluminum in Niche Segments such as Ultra-Low-CO2 Grades
1.4.5.2 Climate Mitigation Initiatives to Increase Demand for Sustainably Sourced Aluminum
1.5 Start-Ups Landscape
1.5.1 Key Start-Ups in the Ecosystem
1.6 Patent Analysis
1.6.1 Patent Filing Trend (by Number of Patents, by Year and by Country)
1.7 Embedded Carbon Emissions in Aluminum Production
1.8 Trade Analysis: Aluminum, 2021-2023
1.9 Key Operating Aluminum Plants, 2023
2 Region
2.1 Regional Summary
2.2 Asia-Pacific
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.3.1 Application
2.2.3.2 Product
2.2.4 China
2.2.4.1 Application
2.2.4.2 Product
2.2.5 Japan
2.2.5.1 Application
2.2.5.2 Product
2.2.6 India
2.2.6.1 Application
2.2.6.2 Product
2.2.7 South Korea
2.2.7.1 Application
2.2.7.2 Product
2.2.8 ASEAN
2.2.8.1 Application
2.2.8.2 Product
2.2.9 Rest-of-Asia-Pacific
2.2.9.1 Application
2.2.9.2 Product
3 Markets - Competitive Benchmarking & Company Profiles
3.1 Next Frontiers
3.2 Geographic Assessment
3.2.1 Vedanta Aluminium & Power
3.2.1.1 Overview
3.2.1.2 Top Competitors
3.2.1.3 Top Products/Product Portfolio
3.2.1.4 Target Customers/End-Use Industries
3.2.1.5 Key Personnel
3.2.1.6 Analyst View
3.2.1.7 Market Share, 2023
3.2.2 China Hongqiao Group Limited
3.2.3 Capral Limited
3.2.4 Runaya
3.2.5 South32
3.2.6 PT Indonesia Asahan Aluminium
4 Research Methodology

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• Asia-Pacific Low-Carbon Aluminum Market

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