High Purity Aluminium Industry Analysis in Middle East & Africa

High Purity Aluminium Sales Outlook for Middle East & Africa (2023 to 2033)

High purity aluminium sales in the Middle East & Africa are estimated at US$ 59.2 million in 2023 and are forecasted to increase at 4.3% CAGR over the next ten years (2023 to 2033). The Middle East & Africa market is thus expected to reach a size of US$ 92.2 million by the end of 2033.

Increasing industrial activity in the Middle East and Africa region is projected to be the primary driver for high purity aluminium demand over the coming years. Growing scope of high purity aluminium applications and rising awareness regarding its benefits among end users in this region could also open up new avenues of opportunities for high purity aluminium suppliers going forward.

Surging demand for smart devices and electronics, expanding aerospace and defense industries, and rising demand for medical devices are other prospects that are forecasted to augment the sales of high purity aluminium over the next ten years and beyond.

• The Middle East & Africa is predicted to account for sales of 16.1 KT of high purity aluminium by the end of 2033.

Report Attributes	Details
High Purity Aluminium Sales in Middle East & Africa (2023)	US$ 59.2 Million
Projected Sales Value (2033F)	US$ 92.2 Million
Demand Growth (2023 to 2033)	4.3% CAGR
Sales in North Africa (2033F)	US$ 14.1 Million
Ingot Demand Volume (2033F)	13.5 KT
Key Companies Profiled	Dubai Aluminium Hulamin Mozal Aluminium Saudi Arabian Mining Company (Ma'aden) Emirates Global Aluminium (EGA)

What’s Stopping High Purity Aluminium Suppliers from Investing in MEA?

“High Cost of Plant Operation and Red Mud Disposal”

Commercial production of high purity aluminium is done through the Bayers process, which results in the formation of industrial waste in the form of bauxite residue aka red mud. The waste is highly alkaline and considered to be hazardous for the environment if not stored or disposed of carefully.

High capital requirement for the storage and disposal of the said red mud is a key factor that restrains high purity aluminium production in the Middle East & Africa. The requirement of sophisticated equipment to produce and operate high purity aluminium production facilities also adds up to the overall costs of high purity aluminium thereby making it an expensive product. Other than this, political instability and stringent regulations of countries in the MEA region also add up to challenges that could convince high purity aluminium companies to not invest in this region.

Find more details of aspects such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study for high purity aluminium by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

African countries such as Ghana, Guinea, and South Africa are estimated to emerge as the most opportune markets in the Middle East & Africa across the study period. However, GCC countries could also provide good returns if high purity aluminium suppliers play their cards right.

Which MEA Countries are Hidden Gems for HPA Manufacturers?

“Nigeria, Guinea, and Ghana Set to Be Profitable Markets”

Attribute	Rest of MEA
Market Value (2023)	US$ 6.3 Million
Growth Rate (2023 to 2033)	4.5% CAGR
Projected Value (2033)	US$ 9.9 Million

Apart from the usual investing in South Africa and GCC countries in the Middle East and Africa region, high purity aluminium producers can opt to explore the rest of MEA for highly attractive business opportunities. Countries such as Guinea, Ghana, and Nigeria in the African region are rich in bauxite reserves, which have been left largely intact. High purity aluminium suppliers can focus on setting up production plants and take advantage of these available resources to take their business to the next level in the future.

What Makes South Africa a Highly Opportune Market in the Region?

“High Availability of Bauxite Resources in the Country”

Attribute	South Africa
Market Value (2023)	US$ 23.3 Million
Growth Rate (2023 to 2033)	5.2% CAGR
Projected Value (2033)	US$ 39.5 Million

South Africa is pretty much the leading economy in the African region and this makes it a highly attractive industrial space. With the country accounting for the majority of high purity aluminium produced in the African continent, high purity aluminium companies can invest here without giving a second thought if they want to make a mark in African countries.

Bauxite resources in the country have been explored scarcely and therefore there is still a lot of untapped potential for aluminium production in South Africa making it an investment-worthy country for high purity aluminium manufacturers over the next ten years.

Category-wise Insights

High purity aluminium vendors in the Middle East & Africa are focusing on providing 4N grade high purity aluminium ingots to maximize their sales and revenue generation potential over the next ten years.

Sales of Which Grade of High Purity Aluminium are High?

“4N Grade High Purity Aluminium Holds Sway in the Region”

Attribute	4N
Segment Value (2023)	US$ 32.4 Million
Growth Rate (2023 to 2033)	4.7% CAGR
Projected Value (2033)	US$ 52.1 Million

4N grade high purity aluminium is extensively being utilized in different kinds of electronics and this is projected to be the key prospect allowing it to lead demand growth in the Middle East & Africa through 2033. The increasing scope of application for 4N grade high purity aluminium is also projected to contribute to its high demand in this region going forward.

In Which Form is High Purity Aluminium Mostly Found?

“High Purity Aluminium Ingots Account for Sizeable Sales Share”

Attribute	Ingots
Segment Value (2023)	US$ 49 Million
Growth Rate (2023 to 2033)	4.4% CAGR
Projected Value (2033)	US$ 77.1 Million

High purity aluminium ingots are preferred by the majority of companies owing to their ease of handling and transport. Other forms of high purity aluminium are not as versatile in terms of handling and application as ingots are, which is why their popularity and demand is not expected to diminish anytime soon.

Competitive Landscape

High purity aluminium companies are focusing on collaborations in the Middle East & Africa region to maximize their business scope and boost sales as well. Companies are also focusing on taking advantage of supportive government initiatives from different countries in this region to boost industrial activity.

• In November 2022, Emirates Global Aluminium (EGA), a leading industrial organization in the United Arab Emirates (UAE), announced that it had signed an agreement with Itochu, a Japanese company for the development of joint industrial ventures in UAE. This was part of UAE’s efforts to bolster its industrial sector and extend its industrial lead in the Middle East.

Segmentation of High Purity Aluminium Study in Middle East & Africa

• By Grade :

  • 4N
  • 5N
  • 6N

• By End Use :

  • Semiconductors
    • Chip Production
    • Flat Panel Display Production
    • Thin Film Production
    • Electrolytic Capacitor Foils
    • Electronic Storage Systems
    • Others
  • Aerospace
  • Automotive
  • Others

• By Form :

  • Disks
  • Pellets
  • Ingots
  • Wires & Coils
  • Other Forms

• By Country :

  • GCC Countries
  • South Africa
  • North Africa
  • Türkiye
  • Rest of MEA