Aluminum Extrusion Market Size, Share & Trends Analysis Report By Product (Tubes & Pipes, Rods & Bars Shapes), By Application (Building & Construction, Electrical & Energy), By Region, And Segment Forecasts, 2024 - 2030

Aluminum Extrusion Market Size, Share & Trends Analysis Report By Product (Tubes & Pipes, Rods & Bars Shapes), By Application (Building & Construction, Electrical & Energy), By Region, And Segment Forecasts, 2024 - 2030


Aluminum Extrusion Market Growth & Trends

The global aluminum extrusion market size is anticipated to reach USD 146.82 billion by 2030, expanding at a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc.Growing infrastructure and residential construction activities, particularly in the booming Asia Pacific, Latin America, and MENA regions, are poised to be major growth drivers in the coming years. Rapid urbanization, rising disposable incomes, and population surge are fueling massive investments in infrastructure and construction sectors.

In the budget for 2023 - 2024, the Indian government allocated INR 16,000 crores (~USD 1931.5 million) to develop “sustainable cities of tomorrow”. Such initiatives are anticipated to transform multiple cities in India by improving their infrastructure and mobility and creating urban sustainability. There exists a substantial deficit in infrastructure investment on a global scale, prompting governments worldwide to actively address and reduce this gap. This concerted effort is anticipated to have a positive impact on this market through 2030.

The construction sector’s boom is not the only driver for market expansion. Aluminum's flexibility, strength, and rust resistance make it popular application in automotive industry, especially with the changing dynamics of automotive vehicles. The booming automotive & transportation application segment is expected to drive the demand for aluminum extrusion over the coming years.

Stringent environmental regulations, particularly around carbon emissions, are driving automakers to embrace aluminum over steel. Car manufacturers face a mounting pressure to comply with laws like those from the EPA, CARB, and NHTSA, pushing them to adopt lighter and more fuel-efficient materials. Aluminum extruded parts offer an enticing solution here by significantly reducing vehicle weight, thereby lowering emissions and meeting regulatory requirements. This, in turn, is expected to reduce weight and drive significant demand for aluminum extruded parts.

Aluminum Extrusion Market Report Highlights
  • Shapes dominated the product segment with more than 79.0% revenue share in 2023, owing to excellent malleability properties and rising demand for aluminum shapes in prominent end-use industries
  • In terms of product, the rods & bars segment is expected to register a significant CAGR over the forecast period
  • Buildings & construction application held the largest revenue share of over 60.0% in 2023. Aluminum extrusion products find a wide range of applications in the construction sector and are anticipated to witness significant demand growth over the forecast period, owing to infrastructural developments
  • Increased spending on R&D activities in the automotive industry by leading players has led to a substantial spike in demand for lightweight aluminum parts in electric vehicle segment
  • Asia Pacific dominated the market for aluminum extrusion in 2023, owing to factors such as growing construction & automotive industry in this region due to the presence of rapidly developing economies such as China, India, and other Southeast Asian countries
  • In November 2023, Norsk Hydro ASA announced an agreement with Watt Electric Vehicles (WEVC), an automotive start-up in the UK, to deliver low-carbon and recycled aluminum extrusion chassis for the latter’s upcoming commercial electric vehicle to be produced from the beginning of 2025
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Chapter 1. Aluminum Extrusion Market: Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Aluminum Extrusion Market: Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Aluminum Extrusion Market: Variables, Trends & Scope
3.1. Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Distribution Channel Analysis
3.2.2. Raw Material Trends
3.3. Technological Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Industry Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.2. Macro-environmental Analysis
Chapter 4. Aluminum Extrusion Market: Product Estimates & Trend Analysis
4.1. Product Movement Analysis & Market Share, 2023 & 2030
4.2. Shapes
4.2.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.3. Rods & Bars
4.3.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.4. Pipes & Tubes
4.4.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Aluminum Extrusion Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2030
5.2. Building & Construction
5.2.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3. Automotive & Transportation
5.3.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4. Consumer Goods
5.4.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5. Electrical & Energy
5.5.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6. Other Applications
5.6.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Aluminum Extrusion Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2023 & 2030
6.2. North America
6.2.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2. Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.2.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.4. U.S.
6.2.4.1. Key country dynamics
6.2.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.2.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.5. Canada
6.2.5.1. Key country dynamics
6.2.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.2.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.2.6. Mexico
6.2.6.1. Key country dynamics
6.2.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.6.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.2.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3. Europe
6.3.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.2. Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.4. Germany
6.3.4.1. Key country dynamics
6.3.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.5. UK
6.3.5.1. Key country dynamics
6.3.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.6. France
6.3.6.1. Key country dynamics
6.3.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.3.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4. Asia Pacific
6.4.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.2. Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.4. China
6.4.4.1. Key country dynamics
6.4.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.5. Japan
6.4.5.1. Key country dynamics
6.4.5.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.6. India
6.4.6.1. Key country dynamics
6.4.6.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5. Central & South America
6.5.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.2. Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.4. Brazil
6.5.4.1. Key country dynamics
6.5.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6. Middle East & Africa
6.6.1. Market Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.2. Market Estimates and Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.6.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.4. Saudi Arabia
6.6.4.1. Key country dynamics
6.6.4.2. Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Aluminum Extrusion Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Market Share/Position Analysis, 2023
7.4. Company Heat Map Analysis
7.5. Strategy Mapping
7.6. Company Profiles/Listings
7.6.1. Alupco
7.6.1.1. Participant’s overview
7.6.1.2. Financial performance
7.6.1.3. Product benchmarking
7.6.1.4. Recent developments
7.6.2. Arconic Corp.
7.6.2.1. Participant’s overview
7.6.2.2. Financial performance
7.6.2.3. Product benchmarking
7.6.2.4. Recent developments
7.6.3. Bahrain Aluminum Extrusion Company (BALEXCO)
7.6.3.1. Participant’s overview
7.6.3.2. Financial performance
7.6.3.3. Product benchmarking
7.6.3.4. Recent developments
7.6.4. Constellium N.V.
7.6.4.1. Participant’s overview
7.6.4.2. Financial performance
7.6.4.3. Product benchmarking
7.6.4.4. Recent developments
7.6.5. Gulf Extrusions Co. LLC
7.6.5.1. Participant’s overview
7.6.5.2. Financial performance
7.6.5.3. Product benchmarking
7.6.5.4. Recent developments
7.6.6. Hindalco Industries Ltd.
7.6.6.1. Participant’s overview
7.6.6.2. Financial performance
7.6.6.3. Product benchmarking
7.6.6.4. Recent developments
7.6.7. Kaiser Aluminum
7.6.7.1. Participant’s overview
7.6.7.2. Financial performance
7.6.7.3. Product benchmarking
7.6.7.4. Recent developments
7.6.8. Norsk Hydro ASA
7.6.8.1. Participant’s overview
7.6.8.2. Financial performance
7.6.8.3. Product benchmarking
7.6.8.4. Recent developments
7.6.9. QALEX
7.6.9.1. Participant’s overview
7.6.9.2. Financial performance
7.6.9.3. Product benchmarking
7.6.9.4. Recent developments

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