Global Aluminum-extruded Products Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Mill-Finished, Anodized and Powder-Coated.

By Alloy Type;

1000 Series Aluminum, 2000 Series Aluminum Alloys, 3000 Series Aluminum Alloys, 5000 Series Aluminum Alloys, 6000 Series Aluminum Alloys and 7000 Series Aluminum Alloys.

By End-Use Industry;

Transportation & Logistics, Construction, Automotive, Electrical & Electronics and Other End-Use Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn147405020 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Aluminum-extruded Products Market (USD Million), 2020 - 2030

In the year 2023, the Global Aluminum-extruded Products Market was valued at USD 327,148.71 million. The size of this market is expected to increase to USD 508,384.70 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global aluminum-extruded products market is experiencing substantial growth, driven by the increasing demand from various end-use industries such as construction, automotive, aerospace, and consumer goods. Aluminum extrusion is a process where aluminum alloy is forced through a die with a specific cross-sectional profile, resulting in lightweight, strong, and corrosion-resistant products. These characteristics make aluminum-extruded products highly desirable for applications requiring structural integrity and durability. The market's growth is further propelled by advancements in extrusion technology, which have improved the efficiency and precision of the extrusion process, enabling the production of complex shapes and designs.

In the construction industry, aluminum-extruded products are extensively used for building frameworks, windows, doors, and curtain walls due to their strength-to-weight ratio and aesthetic appeal. The automotive sector is another significant consumer, utilizing aluminum extrusions for manufacturing lightweight components that enhance fuel efficiency and reduce emissions. Additionally, the aerospace industry relies on these products for critical structural components, benefiting from aluminum's ability to withstand harsh environments and its excellent fatigue resistance. The rising adoption of electric vehicles (EVs) and the ongoing trend towards lightweighting in automotive manufacturing are expected to drive further demand for aluminum-extruded products.

Geographically, the market is witnessing robust growth in regions such as North America, Europe, and the Asia-Pacific, with China being a major producer and consumer. The rapid industrialization and urbanization in emerging economies, coupled with supportive government policies promoting the use of lightweight and sustainable materials, are fueling market expansion. Moreover, the increasing focus on recycling and sustainability is enhancing the appeal of aluminum-extruded products, as aluminum is highly recyclable without losing its properties. Overall, the global aluminum-extruded products market is poised for significant growth, supported by diverse applications across various industries and the continuous innovation in extrusion technologies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Alloy Type
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Global Aluminum-extruded Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight and High Strength Properties
        2. Sustainable Construction Trends
        3. Growing Automotive Production
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Intense Competition from Alternative Materials
        3. Regulatory Compliance Challenges
      3. Opportunities
        1. Technological Advancements in Extrusion Processes
        2. Increasing Demand for Electric Vehicles (EVs)
        3. Infrastructure Development in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aluminum-extruded Products Market, By Product Type, 2020 - 2030 (USD Million)
      1. Mill-Finished
      2. Anodized
      3. Powder-Coated
    2. Global Aluminum-extruded Products Market, By Alloy Type, 2020 - 2030 (USD Million)
      1. 1000 Series Aluminum
      2. 2000 Series Aluminum Alloys
      3. 3000 Series Aluminum Alloys
      4. 5000 Series Aluminum Alloys
      5. 6000 Series Aluminum Alloys
      6. 7000 Series Aluminum Alloys
    3. Global Aluminum-extruded Products Market, By End-Use Industry, 2020 - 2030 (USD Million)
      1. Transportation & Logistics
      2. Construction
      3. Automotive
      4. Electrical & Electronics
      5. Other End-Use Industries
    4. Global Aluminum-extruded Products Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. United Company Rusal
      2. Alcoa Inc.
      3. Aluminum Corporation of China Limited
      4. RIO Tinto PLC
      5. BHP Billiton Ltd.
      6. Norsk Hydro ASA
      7. Century Aluminum Company
      8. China Hongquiao Group Limited
      9. Aluminum Bahrain B.S.C.
      10. Hindalco Indsutries Limited
  7. Analyst Views
  8. Future Outlook of the Market