Global Aviation Aluminum Extrusion Products Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Aviation Aluminum Extrusion Products market size was valued at USD 3457.3 million in 2023 and is forecast to a readjusted size of USD 5042.9 million by 2030 with a CAGR of 5.5% during review period.
Aluminum is one of the most commonly used materials in aerospace applications. In fact, it’s used in everything from aircraft fuselages to engine components. Aluminum is strong, lightweight, and corrosion-resistant, making it an ideal material for aerospace applications. Aluminum aerospace extrusions are aluminum alloys that have been formed into specific shapes using a process called extrusion. Aluminum alloys are well suited for this process because they can be easily heated and formed into the desired shape.
According to the IATA, the total volume of air passenger traffic in 2022 increased by 64.4% compared to 2021. Global passenger traffic for the whole year was 68.5% of pre-pandemic (2019) levels. Total global aviation revenue grew by 43.6% to $727 billion in 2022. In 2022, global airlines were expected to have a net loss of $6.9 billion, significantly better than the net loss of $42 billion in 2021 and $137.7 billion in 2020. According to data from the Civil Aviation Administration of China, in 2022, the cumulative operating income of the entire industry was 632.89 billion yuan, down 15.8% from the previous year. The loss was 217.44 billion yuan. Among them, airlines achieved operating income of 336.48 billion yuan, and the loss was 177.12 billion yuan. The airport achieved operating income of 77.01 billion yuan and the loss was 47.62 billion yuan.
The Global Info Research report includes an overview of the development of the Aviation Aluminum Extrusion Products industry chain, the market status of Military and Defense Aviation (Cold Extrusion, Hot Extrusion), Commercial Aviation (Cold Extrusion, Hot Extrusion), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aviation Aluminum Extrusion Products.
Regionally, the report analyzes the Aviation Aluminum Extrusion Products markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aviation Aluminum Extrusion Products market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aviation Aluminum Extrusion Products market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aviation Aluminum Extrusion Products industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Cold Extrusion, Hot Extrusion).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aviation Aluminum Extrusion Products market.
Regional Analysis: The report involves examining the Aviation Aluminum Extrusion Products market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aviation Aluminum Extrusion Products market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aviation Aluminum Extrusion Products:
Company Analysis: Report covers individual Aviation Aluminum Extrusion Products manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aviation Aluminum Extrusion Products This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Military and Defense Aviation, Commercial Aviation).
Technology Analysis: Report covers specific technologies relevant to Aviation Aluminum Extrusion Products. It assesses the current state, advancements, and potential future developments in Aviation Aluminum Extrusion Products areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aviation Aluminum Extrusion Products market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aviation Aluminum Extrusion Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Cold Extrusion
Hot Extrusion
Market segment by Application
Military and Defense Aviation
Commercial Aviation
Major players covered
Constellium
Hydro (Sapa)
Aircraft Extrusion Company
Aluminum Corporation of China
China Zhongwang
Arconic Corporation
Otto Fushs
STEP-G
Hindalco Industries (Novelis)
Gulf Extrusions
Kaiser Aluminum
Wellste Aluminum
AeroSpace Aluminium Products Inc
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aviation Aluminum Extrusion Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aviation Aluminum Extrusion Products, with price, sales, revenue and global market share of Aviation Aluminum Extrusion Products from 2019 to 2024.
Chapter 3, the Aviation Aluminum Extrusion Products competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aviation Aluminum Extrusion Products breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Aviation Aluminum Extrusion Products market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aviation Aluminum Extrusion Products.
Chapter 14 and 15, to describe Aviation Aluminum Extrusion Products sales channel, distributors, customers, research findings and conclusion.