India Aluminum Tubes and Coils Market Expected to Reach $2.6 billion By 2033 —Allied Market Research

According to a new report published by Allied Market Research, titled, "India Aluminum tubes and coils market by coil type, application, by tube type, by process, product type and end-use industry: India opportunity analysis and industry forecast, 2024–2033,"the India aluminum coils market was valued at $1,265.5 million in 2023, and is projected to reach $2,657.3 million by 2033, growing at a CAGR of 7.7% from 2024 to 2033. The India aluminum tubes and coils market is driven by increasing demand across various sectors, including automotive, construction, aerospace, and refrigeration. The push towards lightweight, durable, and energy-efficient materials in the automotive industry, especially with the rise of electric vehicles (EVs), has significantly boosted the demand for aluminum tubes and coils. In addition, the growth of infrastructure projects, driven by urbanization and government initiatives like "Make in India," increases the demand for aluminum in construction and HVAC systems.

Furthermore, the expansion of the renewable energy sector, including solar power, relies on aluminum components, fueling the demand for aluminum tubes and coils. The focus on sustainability and recyclability also promotes aluminum’s adoption, as it is a highly recyclable material. With advancements in manufacturing technologies, cost-effectiveness, and the expanding middle class, the market for aluminum tubes and coils in India is poised for steady growth across diverse industries.

However, the India aluminum tubes and coils market faces several restraints, including high production costs due to raw material prices and energy-intensive manufacturing processes. Limited domestic availability of high-quality aluminum alloys can also hinder the market growth, leading to reliance on imports. In addition, competition from alternative materials, such as stainless steel and plastic, which may offer cost advantages or specialized properties, poses a challenge. Environmental concerns around aluminum extraction and processing further restrain the market growth. The market is also impacted by fluctuating demand cycles in key sectors like construction and automotive, which can affect overall growth and investment.

On the contrary, the India aluminum tubes and coils market is poised for growth with unique opportunities driven by emerging trends. As industries shift toward sustainability, the market benefits from rise in demand for aluminum’s recyclability and eco-friendly properties. The growing focus on energy-efficient solutions in construction and automotive industries, especially with the rise of smart cities and electric vehicles, opens new avenues for aluminum tubes and coils. In addition, innovations in 3D printing and lightweight materials for aerospace applications offer novel uses for aluminum components. With government initiatives supporting local manufacturing and infrastructure development, there is ample room for expansion, positioning India as a key player in the global aluminum market.

The India aluminum coils market is segmented on the basis of type and application. On the basis of type, the market is divided into cladded and non-cladded. On the basis of application, the market is segmented into automotive, heat exchangers, refrigeration systems, and others. 

By type, the non-cladded segment dominated the global market in 2023, and is anticipated to grow at a CAGR of 8.1% during forecast period.  The primary driver of the non-cladded aluminum coil in India is the country's rapid industrialization and urbanization, which significantly boosts demand for non-cladded aluminum coil across various sectors, including construction, automotive, and electrical industries. As India continues to grow as a manufacturing hub, the demand for high-performance, cost-effective materials has surged. Non-cladded aluminum coils are particularly favored for their lightweight, corrosion-resistant, and highly conductive properties, making them ideal for use in applications like roofing, facades, electrical conductors, and heat exchangers. In the construction sector, rise in residential, commercial, and infrastructural projects, coupled with the government's push for smart cities and urban development, has significantly increased the demand for aluminum coils.

By application, the others segment dominated the global market in 2023, and is anticipated to grow at a CAGR of 9.6% during forecast period. The growing demand for aluminum cladded and non-cladded coils in construction and architecture, aerospace, electrical and electronics, marine, and solar energy sectors in India is driven by rapid industrialization, government initiatives, and a focus on energy efficiency and sustainability. In the construction sector, non-cladded aluminum coils are increasingly used in building facades, roofing, and insulation due to their lightweight, corrosion-resistant, and thermally conductive properties. As per the Ministry of Housing and Urban Affairs, India is undergoing a significant urbanization process, with an expected 600 million people living in cities by 2031, driving demand for modern, energy-efficient buildings. Aluminum’s contribution to sustainable construction is emphasized by government programs like the Smart Cities Mission, which promotes eco-friendly infrastructure.

The India aluminum tubes market was valued at $965.8 in 2023 and is estimated to reach $2,560.6 by 2033, growing at a CAGR of 10.2% from 2024 to 2033.

The India aluminum tubes market is segmented on the basis of type, process, product type, and end-use industry.  On the basis of type, the market is categorized into cladded and non-cladded, By process, the market is divided into electric resistance welding (ERW) and hot extrusion process. By product type, the market is classified into multi-port extruded tube and round tube. On the basis of end-use industry, the market is classified across automotive, heat exchanger, refrigeration systems, and others.

By tube type, the non-cladded tube accounted for the largest share, in terms of revenue and is estimated to grow at a CAGR of 10.8% during the forecast period. The push for renewable energy, particularly solar power, as part of India's commitment to generating 50% of electricity from non-fossil fuels by 2030, has increased the demand for non-cladded aluminum tubes in solar panel systems, where they are used for framing and mounting due to their heat dissipation and structural benefits. These government-backed initiatives, combined with the increasing industrial and infrastructure development, make non-cladded aluminum tubes a crucial material in India's growth across multiple sectors.

By process, hot extrusion process accounted for the largest share in terms of revenue during the forecast period. The hot extrusion process is a key driver in aluminum tube manufacturing in India due to its ability to produce high-quality tubes with excellent mechanical properties and dimensional precision. This process involves forcing a heated aluminum billet through a die under high pressure, shaping it into hollow or solid tubes. The primary driver for adopting hot extrusion in India is the growing demand for lightweight, corrosion-resistant, and durable materials in industries such as construction, transportation, packaging, and aerospace. The process allows manufacturers to produce tubes with intricate cross-sectional profiles and uniform wall thickness, meeting stringent industry standards. In addition, India's abundant aluminum reserves and competitive production costs further boost the adoption of this process.

By product type, round tubes accounted for the largest share in terms of revenue during the forecast period. The demand for round tubes is bolstered by the growing use of aluminum tubes in industrial applications, such as in HVAC systems, packaging, and manufacturing equipment. India's rising urbanization and consumer base have led to increased production of air conditioners, refrigerators, and other cooling devices where round aluminum tubes play a vital role. Technological advancements in extrusion and finishing processes have made aluminum tubes more accessible and affordable, encouraging their adoption across industries. With supportive government policies, rise in industrialization, and the push for sustainable solutions, round aluminum tubes have become indispensable in India’s evolving economic landscape, driving the market growth.

By end-use industry, automotive segment accounted for the largest share in terms of revenue during the forecast period and is estimated to grow at a CAGR of 9.9% from 2024 to 2033. The rise of electric vehicles (EVs) in India is a major key factor driving the demand for aluminum tubes. EVs require advanced thermal management systems to maintain battery performance and longevity, where aluminum tubes play a pivotal role. Cladded tubes are used in battery cooling systems and heat pumps, while non-cladded tubes are employed in lightweight chassis and fluid-carrying systems. The FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme and the government’s focus on promoting EV adoption have accelerated the demand for aluminum tubes in the country.

Key players operating in India aluminum foil market include Hindalco Industries Ltd, Jindal Aluminum Limited, Vedanta Limited, Sanghvi Overseas Incorporation, Nova Steel Corporation, Tubos India, Shree Khodal Industrial Engineering Company, Pravin Steel India, Norsk Hydro ASA, and GUJARAT ALUMINIUM EXTRUCTION PVT. LTD.

Key findings of the study

India Aluminum Coils Market

• By type, the non-cladded coil segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 8.1% from 2024 to 2033.
• By application, the others application segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 9.6% from 2024 to 2033.

India Aluminum Tubes Market

• By type, the non-cladded segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 7.9% from 2024 to 2033.
• By process, the hot extrusion process segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 7.1% from 2024 to 2033.
• By product type, the round tube segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 9.5% from 2024 to 2033.
• By end-use industry, the automotive segment garnered the highest share of 35.0% in 2023, in terms of revenue, growing at a CAGR of 12.5%.