Market Overview:
The global extruded aluminum profiles market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for aluminum profiles in various applications, such as modular kitchen & furniture, solar industries, transport, industrial automation, building & construction, power transmission and marine & shipping. In terms of type, the 1050 aluminum alloy segment is projected to lead the global extruded aluminum profiles market during the forecast period. This can be attributed to its properties such as high corrosion resistance and good formability.
Product Definition:
Extruded aluminum profiles are used to create custom shapes and sizes for a wide range of applications. They are made by pushing molten aluminum through a die to create a profile, which is then cooled and trimmed. Extruded aluminum profiles have many advantages over other materials, including strength, corrosion resistance, and thermal insulation. They are often used in construction, transportation, electronics, and other industries.
1050 Aluminum Alloy:
Aluminum-based alloy, commonly known as aluminum titanium (ATP), contains approximately 70% of titanium along with aluminum. It is widely used in the automotive industry for manufacturing vehicle body panels and exterior components due to high strength and lightweight properties. The product has a density of 0.9 grams per cubic centimeter which makes it lighter than steel by around 33%, thereby increasing fuel efficiency and reducing carbon emissions during its production process.
6060 Aluminum Alloy:
6060 aluminum alloy is a member of the extruded aluminum products family. It offers properties such as high strength, stiffness, and corrosion resistance at an economical price. 6060 aluminum alloys are widely used in automotive applications including chassis components and interior trim due to their excellent lightweight properties.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for a volume share of over 35%. Modular kitchen and furniture is one of the fastest-growing segments in building and construction. Extruded aluminum profiles are used to manufacture modular kitchen units that are lightweight, yet sturdy. These products can be customized as per customer requirements to meet specific structural requirements.
The product is witnessing growing demand from solar industries owing to its excellent thermal resistance property. It can withstand extreme heat without getting damaged or deformed.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, with a CAGR of XX% from 2018 to 2030. The growth in this region will be driven by developing economies such as China and India, which are among the largest consumers of aluminum extruded profiles worldwide. In addition, growing automotive industry in these countries coupled with increasing government spending on infrastructure development is likely to drive product demand over the forecast period.
Europe accounted for a volume share of 23.1% in 2017 owing to high demand from several major industries including construction & housing, industrial automation and transportation & logistics sector across various regions including Germany, U K., Italy and Russia among others.
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global extruded aluminum profiles market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the automotive and transportation sector. Aluminum profiles are extensively used in various applications such as door frames, window frames, chassis components, engine blocks, and others in automobiles.
- Growing demand for lightweight materials: With stringent regulations being imposed on carbon emissions by governments across the globe, there is an increased focus on using lightweight materials in vehicles which can help reduce fuel consumption and emissions. Extruded aluminum profiles are ideal for this purpose as they are strong yet lightweight alternatives to traditional metals such as steel or iron.
- Rising popularity of electric vehicles: The popularity of electric vehicles is rising rapidly due to their low environmental impact and growing concerns about climate change. This is expected to drive the growth of the extruded aluminum profiles market during the forecast period as these vehicles require light-weighting for better range and performance with minimum weight penalty..
Scope Of The Report
Report Attributes
Report Details
Report Title
Extruded Aluminum Profiles Market Research Report
By Type
1050 Aluminum Alloy, 6060 Aluminum Alloy, 6063 Aluminum Alloy, 6005 Aluminum Alloy, 6082 Aluminum Alloy, Others
By Application
Modular Kitchen & Furniture, Solar Industries, Transport, Industrial Automation, Building & Construction, Power Transmission, Marine & Shipping, Others
By Companies
Alumeco, Kanya, Vimetco Extrusion, ETEM, STEP-G, ALUMIL S.A., Alfer, Alutech, Hydro, Framing Technology Inc, Alumeco, Bristol Aluminum, Aluka Extrusion, Giant New Energy, Indo Alusys Industries Ltd
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Extruded Aluminum Profiles Market Report Segments:
The global Extruded Aluminum Profiles market is segmented on the basis of:
Types
1050 Aluminum Alloy, 6060 Aluminum Alloy, 6063 Aluminum Alloy, 6005 Aluminum Alloy, 6082 Aluminum Alloy, Others
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
Modular Kitchen & Furniture, Solar Industries, Transport, Industrial Automation, Building & Construction, Power Transmission, Marine & Shipping, 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:
- Alumeco
- Kanya
- Vimetco Extrusion
- ETEM
- STEP-G
- ALUMIL S.A.
- Alfer
- Alutech
- Hydro
- Framing Technology Inc
- Alumeco
- Bristol Aluminum
- Aluka Extrusion
- Giant New Energy
- Indo Alusys Industries Ltd
Highlights of The Extruded Aluminum Profiles 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:
- 1050 Aluminum Alloy
- 6060 Aluminum Alloy
- 6063 Aluminum Alloy
- 6005 Aluminum Alloy
- 6082 Aluminum Alloy
- Others
- By Application:
- Modular Kitchen & Furniture
- Solar Industries
- Transport
- Industrial Automation
- Building & Construction
- Power Transmission
- Marine & Shipping
- 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 Extruded Aluminum Profiles 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
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- Consumer Insights
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- Product & Brand Management
- Channel & Customer Management
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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?
Extruded aluminum profiles are a type of metal product that is made by extruding molten aluminum through a die. The resulting profile has the shape of the die, and typically has a smooth surface.
Some of the major players in the extruded aluminum profiles market are Alumeco, Kanya, Vimetco Extrusion, ETEM, STEP-G, ALUMIL S.A., Alfer, Alutech, Hydro, Framing Technology Inc, Alumeco, Bristol Aluminum, Aluka Extrusion, Giant New Energy, Indo Alusys Industries Ltd.
The extruded aluminum profiles market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extruded Aluminum Profiles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Extruded Aluminum Profiles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extruded Aluminum Profiles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Extruded Aluminum Profiles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Extruded Aluminum Profiles Market Size & Forecast, 2018-2028
4.5.1 Extruded Aluminum Profiles Market Size and Y-o-Y Growth
4.5.2 Extruded Aluminum Profiles Market Absolute $ Opportunity
Chapter 5 Global Extruded Aluminum Profiles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Extruded Aluminum Profiles Market Size Forecast by Type
5.2.1 1050 Aluminum Alloy
5.2.2 6060 Aluminum Alloy
5.2.3 6063 Aluminum Alloy
5.2.4 6005 Aluminum Alloy
5.2.5 6082 Aluminum Alloy
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Extruded Aluminum Profiles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Extruded Aluminum Profiles Market Size Forecast by Applications
6.2.1 Modular Kitchen & Furniture
6.2.2 Solar Industries
6.2.3 Transport
6.2.4 Industrial Automation
6.2.5 Building & Construction
6.2.6 Power Transmission
6.2.7 Marine & Shipping
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Extruded Aluminum Profiles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Extruded Aluminum Profiles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Extruded Aluminum Profiles Analysis and Forecast
9.1 Introduction
9.2 North America Extruded Aluminum Profiles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Extruded Aluminum Profiles Market Size Forecast by Type
9.6.1 1050 Aluminum Alloy
9.6.2 6060 Aluminum Alloy
9.6.3 6063 Aluminum Alloy
9.6.4 6005 Aluminum Alloy
9.6.5 6082 Aluminum Alloy
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Extruded Aluminum Profiles Market Size Forecast by Applications
9.10.1 Modular Kitchen & Furniture
9.10.2 Solar Industries
9.10.3 Transport
9.10.4 Industrial Automation
9.10.5 Building & Construction
9.10.6 Power Transmission
9.10.7 Marine & Shipping
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Extruded Aluminum Profiles Analysis and Forecast
10.1 Introduction
10.2 Europe Extruded Aluminum Profiles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Extruded Aluminum Profiles Market Size Forecast by Type
10.6.1 1050 Aluminum Alloy
10.6.2 6060 Aluminum Alloy
10.6.3 6063 Aluminum Alloy
10.6.4 6005 Aluminum Alloy
10.6.5 6082 Aluminum Alloy
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Extruded Aluminum Profiles Market Size Forecast by Applications
10.10.1 Modular Kitchen & Furniture
10.10.2 Solar Industries
10.10.3 Transport
10.10.4 Industrial Automation
10.10.5 Building & Construction
10.10.6 Power Transmission
10.10.7 Marine & Shipping
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Extruded Aluminum Profiles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Extruded Aluminum Profiles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Extruded Aluminum Profiles Market Size Forecast by Type
11.6.1 1050 Aluminum Alloy
11.6.2 6060 Aluminum Alloy
11.6.3 6063 Aluminum Alloy
11.6.4 6005 Aluminum Alloy
11.6.5 6082 Aluminum Alloy
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Extruded Aluminum Profiles Market Size Forecast by Applications
11.10.1 Modular Kitchen & Furniture
11.10.2 Solar Industries
11.10.3 Transport
11.10.4 Industrial Automation
11.10.5 Building & Construction
11.10.6 Power Transmission
11.10.7 Marine & Shipping
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Extruded Aluminum Profiles Analysis and Forecast
12.1 Introduction
12.2 Latin America Extruded Aluminum Profiles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Extruded Aluminum Profiles Market Size Forecast by Type
12.6.1 1050 Aluminum Alloy
12.6.2 6060 Aluminum Alloy
12.6.3 6063 Aluminum Alloy
12.6.4 6005 Aluminum Alloy
12.6.5 6082 Aluminum Alloy
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Extruded Aluminum Profiles Market Size Forecast by Applications
12.10.1 Modular Kitchen & Furniture
12.10.2 Solar Industries
12.10.3 Transport
12.10.4 Industrial Automation
12.10.5 Building & Construction
12.10.6 Power Transmission
12.10.7 Marine & Shipping
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Extruded Aluminum Profiles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Extruded Aluminum Profiles Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Extruded Aluminum Profiles Market Size Forecast by Type
13.6.1 1050 Aluminum Alloy
13.6.2 6060 Aluminum Alloy
13.6.3 6063 Aluminum Alloy
13.6.4 6005 Aluminum Alloy
13.6.5 6082 Aluminum Alloy
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Extruded Aluminum Profiles Market Size Forecast by Applications
13.10.1 Modular Kitchen & Furniture
13.10.2 Solar Industries
13.10.3 Transport
13.10.4 Industrial Automation
13.10.5 Building & Construction
13.10.6 Power Transmission
13.10.7 Marine & Shipping
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Extruded Aluminum Profiles Market: Competitive Dashboard
14.2 Global Extruded Aluminum Profiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alumeco
14.3.2 Kanya
14.3.3 Vimetco Extrusion
14.3.4 ETEM
14.3.5 STEP-G
14.3.6 ALUMIL S.A.
14.3.7 Alfer
14.3.8 Alutech
14.3.9 Hydro
14.3.10 Framing Technology Inc
14.3.11 Alumeco
14.3.12 Bristol Aluminum
14.3.13 Aluka Extrusion
14.3.14 Giant New Energy
14.3.15 Indo Alusys Industries Ltd
