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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Aluminium Extrusion Market Outlook

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.

Aluminium Extrusion Market

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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.

Aluminium Extrusion Market by Product Type

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Market Segmentation

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:

  • Mill Finished 
  • Anodized
  • Powder Coated

On the basis of alloy type, the industry can be segmented into:

  • 1000 Series Aluminium Alloy
  • 2000 Series Aluminium Alloy
  • 3000 Series Aluminium Alloy
  • 5000 Series Aluminium Alloy
  • 6000 Series Aluminium Alloy
  • 7000 Series Aluminium Alloy

It finds its end-use in the following sector:

  • Building and Construction
  • Transportation
  • Machinery and Equipment
  • Consumer Durables
  • Electrical
  • Others

The regional markets for aluminium extrusion include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Aluminium Extrusion Market by Region

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Market Analysis

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.

Competitive Landscape

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:

  • W.W. Grainger, Inc. 
  • Orange Aluminium Extrusions Stock
  • Norsk Hydro ASA
  • Aluminium Extrusion Company
  • Others

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.

Key Highlights of 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:

  • Product Type
  • Alloy Type
  • End Use
  • Region
Breakup by Product Type
  • Mill Finished
  • Anodized
  • Powder Coated
Breakup by Alloy Type
  • 1000 Series Aluminium Alloy
  • 2000 Series Aluminium Alloy
  • 3000 Series Aluminium Alloy
  • 5000 Series Aluminium Alloy
  • 6000 Series Aluminium Alloy
  • 7000 Series Aluminium Alloy
Breakup by End Use
  • Building and Construction
  • Transportation
  • Machinery and Equipment
  • Consumer Durables
  • Electrical
  • Others 
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • W.W. Grainger, Inc.
  • Orange Aluminium Extrusions Stock
  • Norsk Hydro ASA
  • Aluminium Extrusion Company
  • Others
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*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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Key Questions Answered in the Report

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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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124