North America Soft Alloy Aluminum Extrusion Market Size, Share & Trends Analysis Report By Product (Shapes, Rods & Bars), By End-use (Building & Construction, Automotive & Transportation), By Country, And Segment Forecasts, 2024 - 2030
Market Size & Trends
“2030 North America soft alloy aluminum extrusion market value to reach USD 10.99 billion.”
The North America soft alloy aluminum extrusion market size was estimated at USD 6.79 billion in 2023 and is projected to grow at a CAGR of 7.1% from 2024 to 2030. The 6xxx series aluminum alloys are majorly used in automotive industry and growing vehicle production owing to the emphasis on electric vehicles is augmenting the need for soft aluminum alloys for extruded products in North America.
Increasing demand for customized lightweight shapes owing to new design considerations and product miniaturization is contributing to the growth of the market in North America. Aluminum has excellent malleability, which makes it easy to produce different shapes using the extrusion process.
North America Soft Alloy Aluminum Extrusion Market Report Segmentation
This report forecasts revenue and volume growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the North America soft alloy aluminum extrusion market report based on product, end-use, and country.
Product Outlook (Revenue, USD Million; Volume, Million pounds, 2018 - 2030)
Shapes
Rods & Bars
Pipes & Tubes
End-use Outlook (Revenue, USD Million; Volume, Million pounds, 2018 - 2030)
Building & Construction
Residential
Non-Residential
Automotive & Transportation
Electrical & Energy
Others
Country Outlook (Revenue, USD Million; Volume, Million pounds, 2018 - 2030)
U.S.
Canada
Mexico
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Chapter 1. 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. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Global Aluminum Extrusion Market Outlook
3.2. Value Chain Analysis
3.2.1. Raw Material Trends
3.2.2. Sales Channel Analysis
3.3. Trade Outlook
3.3.1. Import-Export Data, 2018 - 2023
3.3.2. Demand-Supply Gap Analysis
3.4. Manufacturing Overview
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Trends
3.7. Porter’s Five Forces Analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of Substitution
3.7.4. Threat of New Entrants
3.7.5. Competitive Rivalry
3.8. PESTLE Analysis
3.8.1. Political
3.8.2. Economic
3.8.3. Social Landscape
3.8.4. Technology
3.8.5. Environmental
3.8.6. Legal
Chapter 4. North America Soft Alloy Aluminum Extrusion Market: Product Estimates & Trend Analysis
4.1. North America Soft Alloy Aluminum Extrusion Market: Product Movement Analysis, 2023 & 2030