Global Aviation Aluminum Extrusion Products Market Growth 2024-2030

Global Aviation Aluminum Extrusion Products Market Growth 2024-2030

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.

The global Aviation Aluminum Extrusion Products market size is projected to grow from US$ 3286.9 million in 2023 to US$ 4944.4 million in 2030; it is expected to grow at a CAGR of 6.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Aviation Aluminum Extrusion Products Industry Forecast” looks at past sales and reviews total world Aviation Aluminum Extrusion Products sales in 2023, providing a comprehensive analysis by region and market sector of projected Aviation Aluminum Extrusion Products sales for 2024 through 2030. With Aviation Aluminum Extrusion Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aviation Aluminum Extrusion Products industry.

This Insight Report provides a comprehensive analysis of the global Aviation Aluminum Extrusion Products 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 Aviation Aluminum Extrusion Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aviation Aluminum Extrusion Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aviation Aluminum Extrusion Products 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 Aviation Aluminum Extrusion Products.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Aviation Aluminum Extrusion Products market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Cold Extrusion
Hot Extrusion

Segmentation by application
Military and Defense Aviation
Commercial Aviation

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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aviation Aluminum Extrusion Products market?

What factors are driving Aviation Aluminum Extrusion Products market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aviation Aluminum Extrusion Products market opportunities vary by end market size?

How does Aviation Aluminum Extrusion Products break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.