MEA Aluminum Extrusion Market Size, Share & Trends Analysis Report By Product (Shapes, Rods & Bars, Pipes & Tubes), By End-use (Building & Construction, Automotive), By Country, And Segment Forecasts, 2025 - 2030
MEA Aluminum Extrusion Market Growth & Trends
The MEA aluminum extrusion market size is expected to reach USD 2.78 billion by 2030, registering a CAGR of 6.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for aluminum extrusion products in UAE and Saudi Arabia is expected to drive market growth over the long term.
The building & construction sector dominated the overall market with a volume share of 73.8% in 2020. In terms of volume, the UAE aluminum industry is estimated to grow at a CAGR of 1.9% over the forecast period. The UAE is a lucrative construction market, which offers attractive propositions for global investors. In addition, the emergence of the country as one of the financial hubs of the world further prompted the growth of the construction sector in the country. The market in the country is dominated by Dubai and Abu Dhabi.
In terms of volume, the electrical & energy segment depicts high growth and penetration in 2020. The growth is attributable to the upcoming renewable energy projects, which are being constructed to reduce carbon dioxide emissions in the region. The construction of solar and wind energy farms is anticipated to accelerate the demand for aluminum extrusion in the MEA region over the forecast period.
Qatar is a developing country in the region with potential growth for the market. The manufacturers in the country are increasing their customer base by adopting strategic initiatives, such as mergers & acquisitions. For example, in November 2020, Qatar Aluminum Extrusion acquired Abdul Noor Aluminum Extrusion factory. The acquisition increased Qatar Aluminum Extrusions’ production capacity to 30 kilotons per annum.
The implementation of large-scale infrastructure projects associated with the 2022 FIFA World Cup played a significant role in driving the demand for aluminum extruded products in Qatar. However, the FIFA-related investments have slowed down since 2018 following a rapid boom from 2011 until 2018. The slowdown is majorly caused by the emergence of coronavirus and slugging economic growth since the latter half of FY 2019.
MEA Aluminum Extrusion Market Report Highlights
The building & construction application was the largest segment, in terms of volume as well as revenue. The focus of various governments in MEA to improve their country’s infrastructure is projected to assist the segment growth.
In terms of revenue, the automotive & transportation is expected to grow at the second-fastest CAGR from 2024 to 2030 due to increasing focus on the development of lightweight vehicles and rising aluminum content in vehicles.
The rods & bars segment is expected to register the second-fastest CAGR over the forecast period. The demand in electrical transmission lines and upcoming energy projects are projected to boost the segment growth.
The UAE was the largest regional market, in terms of volume as well as revenue, and is expected to continue its dominance over the forecast period due to rapid expansion of the building & construction and automotive industries in the country.
The market is fragmented due to the presence of several small- and medium-sized companies. Rising focus on R&D along with eco-friendly manufacturing plants is expected to provide a competitive edge to some of the companies.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Segment Definitions
1.2.1. Product
1.2.2. Application
1.2.3. Form
1.2.4. Demography
1.2.5. Distribution Channel
1.2.6. Country Scope
1.2.7. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.4.5. Details of primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Approach 1: Commodity flow approach
1.7.3. Volume price analysis (Model 2)
1.7.4. Approach 2: Volume price analysis
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Country outlook
2.4. Competitive Insights
Chapter 3. North America OTC Health Products Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.1.1. Rising Consumer Demand for Self-Care
3.2.1.2. Expansion of Product Offerings
3.2.1.3. Aging Population
3.2.2. Market Restraint Analysis
3.2.2.1. Regulatory Challenges
3.2.2.2. Competition from Prescription Drugs
3.3. North America OTC Health Products Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of suppliers
3.3.1.2. Bargaining power of buyers
3.3.1.3. Threat of substitutes
3.3.1.4. Threat of new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic landscape
3.3.2.3. Social landscape
3.3.2.4. Technological landscape
3.3.2.5. Environmental landscape
3.3.2.6. Legal landscape
Chapter 4. North America OTC Health Products Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. North America OTC Health Products Market: Product Movement Analysis
4.3. North America OTC Health Products Market by Product Outlook (USD Million)
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following