Extruded Aluminum Profiles Market, by Alloy Type (1000 Series Alloy, 3000 Series Alloy, 6000 Series Alloy, and Others), by Product Type (Pipes & Tubes, Rods & Bars, and Shapes), by Finish Type (Mechanical, Anodized, Powder Coated, and Others), by End-use Industry (Construction, Automotive, Artificial Intelligence Infrastructure, Solar Energy, Transportation, Electrical, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Aluminum extrusion is a process by which aluminum alloy material is forced through a die with a specific cross-sectional profile. A powerful ram pushes the aluminum through the die and it emerges from the die opening. When it does, it comes out in the same shape as the die and is pulled out along a runout table. The most common extruded shapes are – angles, channels, and round tubes. Aluminum extruded profiles have applications in various industries including architectural, automotive, electronics, aerospace, energy, and others.
In the past, conventional metals such as iron and steel were used across the construction and automobile sectors. However, the limitations associated with the usage of these metals such as heavyweight and density have urged industrial manufacturers to find other alternatives. Thus, the demand for materials such as aluminum started gaining traction across the globe. Moreover, aluminum being one of the most abundantly available metals on the earth owing to ample availability of bauxite ores, its adoption is gaining traction. For instance, as per the USGS (United States Geological Survey) annual report on aluminum, the production of primary aluminum across the U.S. increased by 7.0% from 2018 to 2021. Moreover, properties of aluminum such as higher electric conductivity and ductility as compared to iron have urged industries to shift towards the adoption of aluminum over iron. Further, the ability of aluminum to modify its composition by forming alloys with other materials, makes it widely useful across several operators.
Players operating in the extruded aluminum profiles market are focused on various strategies such as mergers and acquisitions in order to strengthen their market position. For instance, in 2016, China Zhongwang Holdings Limited, a Chinese producer of extruded aluminum profiles, acquired Aleris Corp., one of the prominent U.S.-based aluminum rolled products manufacturers, for US$ 2.3 Bn. This deal permitted China Zhongwang Holdings to smoothly enter the European and American markets.
Key features of the study:
This report provides in-depth analysis of extruded aluminum profiles market, and provides market size (US$ Million & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global extruded aluminum profiles market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Norsk Hydro ASA, Extal Ltd., Bonnell Aluminum, China Zhongwang Holdings Ltd., China Hongqiao Group Limited, Centaury Aluminum Corporation, China HongquiaoGroup Limited, Schüco International KG, Hindalco Industries Ltd., Sainty Aluminium, Arconic Corporation, and Constellium
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global extruded aluminum profiles market report caters to various stakeholders in this industry including investors, suppliers, extruded aluminum profiles manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global extruded aluminum profiles market
Detailed Segmentation:
Global Extruded Aluminum Profiles Market, By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
Global Extruded Aluminum Profiles Market, By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
Global Extruded Aluminum Profiles Market, By Finish Type:
Mechanical
Anodized
Powder Coated
Others
Global Extruded Aluminum Profiles Market, By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
Global Extruded Aluminum Profiles Market, By Region:
North America
By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
By Finish Type:
Mechanical
Anodized
Powder Coated
Others
By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
By Country:
U.S
Canada
Europe
By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
By Finish Type:
Mechanical
Anodized
Powder Coated
Others
By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
By Country:
Germany
U.K
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
By Finish Type:
Mechanical
Anodized
Powder Coated
Others
By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
By Finish Type:
Mechanical
Anodized
Powder Coated
Others
By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
By Alloy Type:
1000 Series Alloy
3000 Series Alloy
6000 Series Alloy
Others
By Product Type:
Pipes & Tubes
Rods & Bars
Shapes
By Finish Type:
Mechanical
Anodized
Powder Coated
Others
By End-use Industry:
Construction
Automotive
Artificial Intelligence Infrastructure
Solar Energy
Transportation
Electrical
Others
By Country/Region:
Middle East
Africa
Company Profiles
Norsk Hydro ASA *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Extal Ltd.
Bonnell Aluminum
China Zhongwang Holdings Ltd.
China Hongqiao Group Limited
Centaury Aluminum Corporation
China HongquiaoGroup Limited
Schüco International KG
Hindalco Industries Ltd.
Sainty Aluminium
Arconic Corporation
Constellium
“*” marked represents similar segmentation in other categories in the respective section.
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