Global Aluminum Extrusion Market Size, Forecasts, And Opportunities – Includes Aluminum Extrusion Market Growth
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The global aluminum extrusion market is expected to grow from $80.05 billion in 2021 to $84.10 billion in 2022 at a compound annual growth rate (CAGR) of 5.06%. The global aluminum extrusion market size is expected to grow to $102.90 billion in 2026 at a compound annual growth rate compound annual growth rate (CAGR) of 5.17%.
The increase in the construction of green buildings is one of the key factors driving the market growth.
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The aluminum extrusion market consists of the sales of aluminum extrusion techniques by entities (organizations, partnerships, and sole proprietors) that are used to transform aluminum alloy into objects for a wide range of uses. Aluminum’s malleability makes it easy to mill and cast and because it has one-third the density and stiffness of steel, the resulting products are solid and stable compared to other metals.
By Product Type: Mill Finished, Anodized, Powder Coated
By Alloy Type: 1000 Series Aluminum Alloy, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 4000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, 7000 Series Aluminum Alloy
By End-Use: Building and Construction, Transportation, Machinery and Equipment, Consumer Durables, Electrical, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global aluminum extrusion market in 2021.
Strategic partnership is a key trend in the aluminum extrusion market. Manufacturers and organizations are entering into a partnership and collaborations to gain competitive advantage and expand in different regions.
TBRC’s Aluminum Extrusion Market Report Covers:
Major Market Players: Hindalco Industries Limited, Hydro, Arconic Corp., Constellium, QALEX, Kaiser Aluminum, China Zhongwang Holdings Ltd, Aluminium Products Company (ALUPCO), Bahrain Aluminium Extrusion Co. (BALEXCO), Century Extrusions Ltd, Galco Group, Jindal Aluminum Ltd, W.W. Grainger Inc., Orange Aluminium, Novelis, Gulf Extrusions Co. LLC, Bonnell Aluminum, Keymark Corporation, Hulamin Ltd., WISPECO Aluminium, TALCO and Bonnell Aluminium.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Aluminum Extrusion Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides aluminum extrusion market overviews, analyzes and forecasts market size, share, aluminum extrusion market players, aluminum extrusion market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s aluminum extrusion market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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