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The global aluminium extrusion market size reached a volume of about 23.50 million metric tons in 2023. The industry is further expected to grow at a CAGR of about 5% between 2024 and 2032 to reach a volume of around 36.45 million metric tons by 2032.
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The Asia Pacific represents a significant proportion of the aluminium extrusion market due to the growth of the construction industry and the push toward green building adoption in developing economies, including Japan, China, and India. Europe is also a major region in the aluminium extrusion market driven by the region's large automotive industry base and the growing industrial use of extruded aluminium.
The mill finished is the leading product type in the aluminium extrusion market, whereas, the 6000 series alloy dominates the alloy type segment of the industry. The end-use segment is being led by the building and construction segment buoyed by the rising construction activities globally.
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The process of transforming aluminium alloys in specific forms is known as aluminium extrusion by driving them through a cross-sectional die. Extracted aluminium is highly lightweight, cost-effective, and resistant to corrosion. It also provides high ductility, improved conductivity, and could be recycled repeatedly without having lost its integrity. Furthermore, it is highly robust and stable and very muddy in nature. It is also commonly used for the transportation and disposal of mined materials and for the manufacture of assorted aircraft components. Due to the many advantages of the products derived from the process, they are also commonly used in various industrial verticals, including automotive, electric, and building.
Based on the product type, the market can be divided into:
On the basis of alloy type, the industry can be segmented into:
It finds its end-use in the following sector:
The regional markets for aluminium extrusion include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increased government incentives for the use of aluminium extrusions in building integrated photovoltaic (BIPVs), which use renewable energy generation, are supporting the demand for aluminium extrusion. The rapid development in the building and construction industries is a key driver of the aluminium extrusion sector. The aluminium extrusion industry is enhanced by the growing demand for infrastructural growth, including both residential and non-residential projects, as well as the growing manufacturing of power generation, distribution equipment, and air conditioning systems. The growth of the aluminium extrusion market is also triggered by the higher per capita sales and changing lifestyles.
The report gives a detailed analysis of the following companies in the global aluminium extrusion market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The EMR report covers the macro and micro aspects of the industry, analysing the historical (2018-2023) and forecast (2024-2032) trends of the industry and its segments like product type, alloy type, and end-uses. A detailed analysis has also been provided of the major regions in the global market, wherein the regions have been further segmented into countries. An assessment of the regional price trends of the product for the periods (2018-2023) and (2024-2032) has been included within the report. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The major demand and price indicators of the industry have also been provided within the report.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Alloy Type |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global aluminium extrusion market attained a volume of nearly 23.50 million metric tons in 2023.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of almost 5%.
By 2032, the market is estimated to reach a volume of around 36.45 million metric tons.
The major market drivers include rising construction activities, the rising adoption of green buildings, and growing industrial uses of extruded aluminium.
The key trends guiding the market include increasing investments in infrastructural development activities and the introduction of favourable government initiatives to boost the use of aluminium extrusions in building integrated photovoltaics (BIPVs).
The major regional markets of aluminium extrusion are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various product types of aluminium extrusion include mill finished, anodised, and powder coated.
The major alloy types considered in the market report include 1000 series aluminium alloy, 2000 series aluminium alloy, 3000 series aluminium alloy, 5000 series aluminium alloy, 6000 series aluminium alloy, and 7000 series aluminium alloy.
The significant end uses of aluminium extrusion are building and construction, transportation, machinery and equipment, consumer durables, and electrical, among others.
The major players in the above market include W.W. Grainger, Inc., Orange Aluminium Extrusions Stock, Norsk Hydro ASA, and Aluminium Extrusion Company, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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