aluminum-extruded products market
Metal And Mineral Manufacturing

Global Aluminum-Extruded Products Market Size, Drivers, Trends, Opportunities And Strategies – Includes Aluminum-Extruded Products Market Growth

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Growth and expansion in the vehicle industry are projected to stimulate innovation in the manufacturing of aluminum-extruded goods, boosting the market during the forecast period.

 

The global aluminum-extruded products market is expected to grow from $40.52 billion in 2022 to $43.25 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The aluminum-extruded products market is expected to grow to $54.98 billion in 2027 at a CAGR of 6.2%.

 

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Global Aluminum-Extruded Products Market Segments Include:

  • By Type: By Product Type: Mill Finished, Powder Coated, Anodized
  • By Alloy Type: 1000 Series Aluminum, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, 7000 Series Aluminum Alloy
  • By End Use Industry: Construction, Automotive, Electric and Electronics, Machinery and Equipment, Mass Transport, Other End Use Industry (energy, telecom, and consumer durables).
  • 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-extruded products market in 2021.

 

Major Market Players in the aluminum-extruded products market include RUSAL, Aluminum Corporation of China Limited, Rio Tinto Group, Norsk Hydro ASA, Aluminium Bahrain B.S.C., Kaiser Aluminum Corporation, Sapa Inc., China Zhongwang Holdings Limited.

 

Technological advancement in the aluminium sector is a key trend that is gaining traction in the market for aluminum-extruded products. To maintain their market position, major players in the aluminum-extruded goods sector are focused on technology breakthroughs such as block chain. For example, Rio Tinto, a UK-based metals and mining firm, will create the first block chain-technology-based sustainability badge for aluminium, START, in February 2021. START helps clients meet customer demand for information about where and how things are made. It allows customers to differentiate between final products based on their environmental, social, and governance credentials. It empowers individuals to make informed purchasing decisions and contribute to a more sustainable future.

 

The Aluminum-Extruded Products Global Market Report 2023  provides a aluminum-extruded products market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aluminum-extruded products market forecast analyzes aluminum-extruded products market size, aluminum-extruded products market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Aluminum-extruded products are those that have been extruded from aluminium; they are lightweight but perform well in tough conditions. Extruded aluminium is produced by heating aluminium and passing it through a die, resulting in aluminium extruded items. Extruded aluminium can be used to make tubes, doors, window frames, brackets and railings, among other things.

 

Explore Similar Reports From The Business Research Company:

Aluminum Casting Global Market Report 2023

Aluminum Rolled Products Global Market Report 2023

Extruded Plastics Global Market Report 2023

 

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