Market Overview:
The global aluminum extrusion products market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for lightweight and durable aluminum extrusion products in various applications such as transportation, construction, automotive, and electrical & electronics industries. In terms of type, mill-finished aluminum extrusion products are expected to dominate the market during the forecast period owing to their low cost and high durability. However, anodized and coated aluminum extrusion products are projected to witness higher growth rates due to their superior properties such as corrosion resistance and aesthetic appeal. Regionally, North America is estimated to account for the largest share of the global aluminum extrusion products market in 2018 followed by Europe and Asia Pacific.
Product Definition:
An aluminum extrusion is a process where a piece of aluminum is heated until it is in liquid form, and then forced through a die to create the desired shape. This shape can then be used as it is, or can be cut into smaller pieces.
Aluminum extrusion products are important because they are strong and lightweight, making them perfect for use in many different applications. Some examples include: framing for buildings, automotive parts, machinery components, and furniture.
Mill-finished:
Mill-finished is a surface treatment of aluminum extrusion products which makes them smooth and bright. The process involves two steps, first the aluminum billets are passed through high-pressure rollers to give them a highly polished finish, second they are passed through very fine abrasives to remove any scratches left by the polishing step.
Anodized:
Anodized aluminum extrusion products are produced by the anodizing process which is a method of converting aluminum into a non-magnetic form. The surface of the product is covered with an oxide layer and then it is given an additional coating in order to obtain color. Anodized aluminum extrusion products find application in various end-use industries such as automotive, aerospace, construction, consumer goods and packaging among others.
Application Insights:
Building and construction was the largest application segment in 2017, accounting for over 50.0% of the total revenue share. The product is widely used in residential as well as non-residential buildings owing to its properties such as lightweight, corrosion resistance, high strength and excellent surface finish. In addition, aluminum extrusions are also widely used in windowsills, doorframes and building facades on account of their aesthetic appeal coupled with functional requirements.
The automotive industry is one of the major consumers of aluminum extrusion products due to its lightweight property along with other advantages such as durability & efficiency offered by these products against carbon steel alternatives which include structural steel & cold rolled sections among others.
Regional Analysis:
Asia Pacific aluminum extrusion products market is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as building & construction, automotive, and consumer durables. The region accounted for a volume share of over 45% in 2017 and is anticipated to register the highest CAGR during the forecast period.
The growing manufacturing sector in China on account of low labor costs coupled with government support through tax benefits and other incentives has resulted in high production volumes within Chinese manufacturers. This factor is anticipated to have a positive impact on regional product demand during the forecast period.
North America aluminum extrusion products market was valued at USD X million in 2017 and is expected to grow at an estimated CAGR of XX% from 2018 to 2030 due its well established infrastructure along with developed end-use industry base that includes electrical & electronics, machinery & equipment among others.
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global automotive and transportation sector is growing at a rapid pace, owing to the increasing disposable income of consumers and the rising urbanization rates. This is resulting in an increase in the demand for aluminum extrusion products, as they are extensively used in these sectors for manufacturing various components.
- Growing demand from the construction sector: The global construction industry is witnessing a steady growth, owing to the increasing investments in infrastructure development projects across different regions. This is resulting in an increase in the demand for aluminum extrusion products, as they are extensively used in this sector for manufacturing various components such as window frames, door frames, and curtain walls.
- Rising popularity of lightweight vehicles: There has been a growing trend among automakers to manufacture lightweight vehicles due to their better fuel efficiency and lower emissions levels as compared to traditional heavy vehicles. Aluminum extrusion products are increasingly being used by automakers worldwide for manufacturing lightweight vehicle components such as hoods, doors, fenders etc., thereby driving market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Extrusion Products Market Research Report
By Type
Mill-finished, Anodized, Coated
By Application
Building & Construction, Transportation & Logistics, Automotive, Machinery & Equipment, Consumer Durables, Electrical & Electronics, Others
By Companies
Alcoa, Aluminum Corporation of China, BHP Billiton, Century Aluminum Company, China Hongqiao Group, Constellium, Gulf Extrusion, Hindalco Industries, Hydro Aluminum, Norsk Hydro ASA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Extrusion Products Market Report Segments:
The global Aluminum Extrusion Products market is segmented on the basis of:
Types
Mill-finished, Anodized, Coated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Transportation & Logistics, Automotive, Machinery & Equipment, Consumer Durables, Electrical & Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- Aluminum Corporation of China
- BHP Billiton
- Century Aluminum Company
- China Hongqiao Group
- Constellium
- Gulf Extrusion
- Hindalco Industries
- Hydro Aluminum
- Norsk Hydro ASA
Highlights of The Aluminum Extrusion Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mill-finished
- Anodized
- Coated
- By Application:
- Building & Construction
- Transportation & Logistics
- Automotive
- Machinery & Equipment
- Consumer Durables
- Electrical & Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Extrusion Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum extrusion products are a type of industrial manufacturing product that is made from aluminum. They are used to create objects, such as parts for airplanes and cars, tools, and other equipment.
Some of the key players operating in the aluminum extrusion products market are Alcoa, Aluminum Corporation of China, BHP Billiton, Century Aluminum Company, China Hongqiao Group, Constellium, Gulf Extrusion, Hindalco Industries, Hydro Aluminum, Norsk Hydro ASA.
The aluminum extrusion products market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aluminum Extrusion Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aluminum Extrusion Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aluminum Extrusion Products Market - Supply Chain
4.5. Global Aluminum Extrusion Products Market Forecast
4.5.1. Aluminum Extrusion Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aluminum Extrusion Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aluminum Extrusion Products Market Absolute $ Opportunity
5. Global Aluminum Extrusion Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aluminum Extrusion Products Market Size and Volume Forecast by Type
5.3.1. Mill-finished
5.3.2. Anodized
5.3.3. Coated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aluminum Extrusion Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aluminum Extrusion Products Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Transportation & Logistics
6.3.3. Automotive
6.3.4. Machinery & Equipment
6.3.5. Consumer Durables
6.3.6. Electrical & Electronics
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aluminum Extrusion Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aluminum Extrusion Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aluminum Extrusion Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aluminum Extrusion Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aluminum Extrusion Products Demand Share Forecast, 2019-2029
9. North America Aluminum Extrusion Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aluminum Extrusion Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aluminum Extrusion Products Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Transportation & Logistics
9.4.3. Automotive
9.4.4. Machinery & Equipment
9.4.5. Consumer Durables
9.4.6. Electrical & Electronics
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aluminum Extrusion Products Market Size and Volume Forecast by Type
9.7.1. Mill-finished
9.7.2. Anodized
9.7.3. Coated
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aluminum Extrusion Products Demand Share Forecast, 2019-2029
10. Latin America Aluminum Extrusion Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aluminum Extrusion Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aluminum Extrusion Products Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Transportation & Logistics
10.4.3. Automotive
10.4.4. Machinery & Equipment
10.4.5. Consumer Durables
10.4.6. Electrical & Electronics
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aluminum Extrusion Products Market Size and Volume Forecast by Type
10.7.1. Mill-finished
10.7.2. Anodized
10.7.3. Coated
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aluminum Extrusion Products Demand Share Forecast, 2019-2029
11. Europe Aluminum Extrusion Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aluminum Extrusion Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aluminum Extrusion Products Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Transportation & Logistics
11.4.3. Automotive
11.4.4. Machinery & Equipment
11.4.5. Consumer Durables
11.4.6. Electrical & Electronics
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aluminum Extrusion Products Market Size and Volme Forecast by Type
11.7.1. Mill-finished
11.7.2. Anodized
11.7.3. Coated
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aluminum Extrusion Products Demand Share, 2019-2029
12. Asia Pacific Aluminum Extrusion Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aluminum Extrusion Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aluminum Extrusion Products Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Transportation & Logistics
12.4.3. Automotive
12.4.4. Machinery & Equipment
12.4.5. Consumer Durables
12.4.6. Electrical & Electronics
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aluminum Extrusion Products Market Size and Volume Forecast by Type
12.7.1. Mill-finished
12.7.2. Anodized
12.7.3. Coated
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aluminum Extrusion Products Demand Share, 2019-2029
13. Middle East & Africa Aluminum Extrusion Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aluminum Extrusion Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aluminum Extrusion Products Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Transportation & Logistics
13.4.3. Automotive
13.4.4. Machinery & Equipment
13.4.5. Consumer Durables
13.4.6. Electrical & Electronics
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aluminum Extrusion Products Market Size and Volume Forecast by Type
13.7.1. Mill-finished
13.7.2. Anodized
13.7.3. Coated
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aluminum Extrusion Products Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Aluminum Extrusion Products Market: Market Share Analysis
14.2. Aluminum Extrusion Products Distributors and Customers
14.3. Aluminum Extrusion Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alcoa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aluminum Corporation of China
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BHP Billiton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Century Aluminum Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. China Hongqiao Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Constellium
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gulf Extrusion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hindalco Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hydro Aluminum
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Norsk Hydro ASA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
