Aluminum Extrusion Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Alcoa, Constellium, Gulf Extrusions, Hindalco, Sapa

The global Aluminum Extrusion Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027)

Aluminum Extrusion Market Overview

Aluminum extrusion is the procedure of shaping the aluminum with the help of a shaped opening in a die. During the extrusion process, a ram pushes the aluminum product through the die shape and it comes out taking the same shape of the die. After the extruded products are cooled down, they are moved to a stretcher to make them fully straight. Mostly, aluminum extrusion is found in three shapes, namely hollow, semi-hollow, and solid. Aluminum extrusions are widely used in building & construction, automotive & transport, and electrical industries. Rise in demand for lightweight and durable extruded products in various industries is projected to drive the market growth of aluminum extrusion during the forecast period. The lightweight and high strength to weight ratio of aluminum makes it ideal for large constructions and buildings to provide added strength at decreased weight. Aluminum products possess high tensile strength and high rigidity, which make it highly resistant to deformation. In addition, the high corrosion resistance of extruded aluminum is expected to fuel the demand in electrical, electronics, and medical sectors. Due to thick layer of aluminum oxide, after anodizing or powder coating, such type of extrusion becomes highly resistant to corrosion, unlike steel and iron. This leads to reduced maintenance cost for many industrial products.

Industry News:

In April 2022, Hydro has started the construction of its state-of-the-art aluminum recycling plant in Cassopolis, Michigan. The plant will produce 120,000 metric tons of recycled aluminum annually.

In October 2021, Hydro plans to invest USD 42.54 million in a new extrusion press at its aluminum manufacturing plant in Suzhou, China. The press will serve China’s growing automotive and electric vehicle market.

What are the major Applications, Types and Regions for Aluminum Extrusion Market?

By Type, it is segmented into

• Mill finished


• Anodized


• Power-coated


•   Others

By Applications it is segmented into

• Building and construction


• Automotive and transportation


• Machinery and equipment


• Consumer durables


• Electrical


• Others

Aluminum Extrusion Market Regional Analysis

Asia Pacific dominated the global market in 2021 and accounted for the max revenue share of more than 69%. The region will retain its dominant position throughout the forecast years due to the presence of major manufacturing sectors in countries, such as China, India, Vietnam, Japan, and South Korea.

North America

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• Europe
  
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Aluminum Extrusion Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Aluminum Extrusion Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Aluminum Extrusion Market Report Scope?

Key Takeaways from this Aluminum Extrusion Report

• Evaluate Aluminum Extrusion market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Aluminum Extrusion market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Aluminum Extrusion Market is studied from 2017 - 2027.

 What is the growth rate of Aluminum Extrusion Market?

The Aluminum Extrusion Market is growing at a CAGR of 7.9% over the next 5 years.

What regions does this Aluminum Extrusion Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.