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Global Aluminium Extrusion Market Report and Forecast 2023-2028
Market Report I 2023-10-05 I 160 Pages I EMR Inc.
Global Aluminium Extrusion Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global aluminium extrusion market reached a volume of about 22.38 million metric tons in 2022. Aided by the growth of the construction industry and a push towards green building adoption, the market is projected to further grow at a CAGR of 5% between 2023 and 2028 to reach a volume of around 29.99 million metric tons by 2028.
Aluminium extrusion, a process through which aluminium alloy is transformed into a myriad of shapes and sizes, has gained considerable traction in a variety of applications due to its lightweight, durable, and corrosion-resistant properties. Serving as an efficient thermal and electrical conductor, aluminium extrusions are highly versatile, catering to a broad spectrum of industrial requirements, from structural frameworks to heat sinks.
The driving force behind the aluminium extrusion market growth is largely the rapid urbanisation and infrastructural developments observed globally. As modern architecture continues to embrace sleek design coupled with durability, aluminium extrusions have become the material of choice, offering aesthetic appeal without compromising on strength.
Growing adoption for sustainable and environmentally friendly building materials is one of the major aluminium extrusion market trends. Aluminium, being 100% recyclable without loss of property, positions aluminium extrusions as a sustainable option, further accelerating its demand in green construction projects. Concurrently, the automotive industry, with its aim to improve fuel efficiency, is increasingly resorting to lightweight materials, with aluminium extrusions fitting the bill perfectly.
The aluminium extrusion market analysis showcases the material's growing role in the renewable energy sector, specifically in solar panel installations. Aluminium extruded frames not only offer the required strength to hold the panels but also provide cost-effective solutions due to reduced maintenance and longevity.
Furthermore, the electronics sector is continually on the lookout for effective heat management solutions. These extrusions, with their superior thermal management properties, are increasingly being used in devices like LED lights and consumer electronics, further bolstering the aluminium extrusion market demand.
The market for aluminium extrusion is constantly growing driven by its widespread applications across diverse industries. Its characteristics, ranging from lightweight to high strength and recyclability, make it a go-to material in an increasingly eco-conscious world. As industries continue to innovate, aluminium extrusion's role as a facilitator of these innovations becomes even more prominent.
Market Segmentation
The market can be divided based on product type, alloy type, end use, and region.
Market Breakup by Product Type
- Mill Finished
- Anodized
- Powder Coated
Market 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
Market Breakup by End Use
- Building and Construction
- Transportation
- Machinery and Equipment
- Consumer Durables
- Electrical
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global aluminium extrusion market. Some of the major players explored in the report by Expert Market Research are as follows:
- W.W. Grainger, Inc.
- Orange Aluminium Extrusions Stock
- Norsk Hydro ASA
- Aluminium Extrusion Company
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aluminium Extrusion Market Analysis
8.1 Key Industry Highlights
8.2 Global Aluminium Extrusion Historical Market (2018-2022)
8.3 Global Aluminium Extrusion Market Forecast (2023-2028)
8.4 Global Aluminium Extrusion Market by Product Type
8.4.1 Mill Finished
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Anodized
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Powder Coated
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Aluminium Extrusion Market by Alloy Type
8.5.1 1000 Series Aluminium Alloy
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 2000 Series Aluminium Alloy
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 3000 Series Aluminium Alloy
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 5000 Series Aluminium Alloy
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 6000 Series Aluminium Alloy
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 7000 Series Aluminium Alloy
8.5.6.1 Historical Trend (2018-2022)
8.5.6.2 Forecast Trend (2023-2028)
8.6 Global Aluminium Extrusion Market by End Use
8.6.1 Building and Construction
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Transportation
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Machinery and Equipment
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Consumer Durables
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Electrical
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Aluminium Extrusion Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Aluminium Extrusion Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Aluminium Extrusion Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Aluminium Extrusion Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Aluminium Extrusion Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Aluminium Extrusion Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
17.2.1 W.W. Grainger, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Orange Aluminium Extrusions Stock
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Norsk Hydro ASA
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Aluminium Extrusion Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Aluminium Extrusion Market: Key Industry Highlights, 2018 and 2028
2. Global Aluminium Extrusion Historical Market: Breakup by Product Type (Million MT), 2018-2022
3. Global Aluminium Extrusion Market Forecast: Breakup by Product Type (Million MT), 2023-2028
4. Global Aluminium Extrusion Historical Market: Breakup by Alloy Type (Million MT), 2018-2022
5. Global Aluminium Extrusion Market Forecast: Breakup by Alloy Type (Million MT), 2023-2028
6. Global Aluminium Extrusion Historical Market: Breakup by End Use (Million MT), 2018-2022
7. Global Aluminium Extrusion Market Forecast: Breakup by End Use (Million MT), 2023-2028
8. Global Aluminium Extrusion Historical Market: Breakup by Region (Million MT), 2018-2022
9. Global Aluminium Extrusion Market Forecast: Breakup by Region (Million MT), 2023-2028
10. North America Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2022
11. North America Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2023-2028
12. Europe Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2022
13. Europe Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2023-2028
14. Asia Pacific Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2022
15. Asia Pacific Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2023-2028
16. Latin America Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2022
17. Latin America Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2023-2028
18. Middle East and Africa Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2022
19. Middle East and Africa Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Aluminium Extrusion Market Structure
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