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From a Hong Kong-backed plant in Vietnam to Malaysia's largest extrusion expansion in years and Indonesia's biggest extrusion press, Southeast Asia is witnessing a wave of aluminium extrusion investments. Although these projects span different countries, companies and end markets, they all point in the same direction: manufacturers increasingly see the region as the next major hub for downstream aluminium production.
The region's growing importance is also reflected in its market outlook. The extruded aluminium profiles market was valued at approximately USD 4.54 billion in 2024 and is forecast to reach USD 6.86 billion by 2032, expanding at a CAGR of 8.47 per cent as per various industry sources.
A new generation of extrusion projects is taking shape
The region's growing appeal is already reflected in a pipeline of investments that stretches across Vietnam, Malaysia and Indonesia. While each project differs in scale and target market, collectively they illustrate how manufacturers are positioning themselves for long-term growth rather than short-term capacity gains.
One of the largest investments is being made by Hong Kong-based Kam Kiu Aluminium Products Group, which has chosen Vietnam for its first overseas manufacturing facility. Through its subsidiary Joint Wise Corporation, the company is developing a nearly USD 100 million project at My Thuan Industrial Park in Nam Dinh province. The plant will manufacture high-quality aluminium alloy for automotive components and electronic products, with an annual production capacity of 100,000 tonnes of aluminium bars.
Source: Alcircle