Global Automotive Aluminium Extrusions Market Growth 2023-2029
Aluminum Extrusion is a plastic deformation process in which a solid cylinder of aluminum (billet) is forced by compression through a smaller die opening. The billet is typically preheated to facilitate the deformation process. Aluminium extrusions can play key roles in integrated engineering solutions for automotive structures and component parts. One of the main advantages is to reduce the weight of the car.
LPI (LP Information)' newest research report, the “Automotive Aluminium Extrusions Industry Forecast” looks at past sales and reviews total world Automotive Aluminium Extrusions sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Aluminium Extrusions sales for 2023 through 2029. With Automotive Aluminium Extrusions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Aluminium Extrusions industry.
This Insight Report provides a comprehensive analysis of the global Automotive Aluminium Extrusions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Aluminium Extrusions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Aluminium Extrusions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Aluminium Extrusions and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Aluminium Extrusions.
The global Automotive Aluminium Extrusions market size is projected to grow from US$ 7238.9 million in 2022 to US$ 10030 million in 2029; it is expected to grow at a CAGR of 10030 from 2023 to 2029.
Europe is the largest automotive aluminium extrusions market with about 32% market share. North America is follower, accounting for about 30% market share.
The key players are Constellium, Hydro (Sapa), Arconic, MONTUPET, China Zhongwang Holdings Limited, STEP-G, ETEM, APALT, Hindalco-Novelis, Zahit Aluminium, Gulf Extrusions, Edmo Ltd etc. Top 1 company occupied about 25% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminium Extrusions market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alumium Space Frame
Sub-structures
Others
Segmentation by application
Trailers
Cars and Light Trucks
Truck and Bus
RV
EV
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hydro
APALT
Constellium
UACJ
Impol
OTTO FUCHS
STEP-G
Kam Kiu
Zhongwang
Kaiser
Hindalco
EURAL GNUTTI
METRA
ETEM
Hoshion
Arconic
HAOMEI
MONTUPET
Zahit Aluminium
Gulf Extrusions
Edmo Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Aluminium Extrusions market?
What factors are driving Automotive Aluminium Extrusions market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Aluminium Extrusions market opportunities vary by end market size?
How does Automotive Aluminium Extrusions break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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