Global Aluminium Extrusion Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aluminium Extrusion Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Aluminium Extrusion is a material obtained by forcing an aluminum alloy material through a mold with a specific cross-sectional profile. Aluminum extrusion molding is to apply strong pressure to the aluminum billet placed in the die cavity (or extrusion cylinder) to force the aluminum billet to produce directional plastic deformation and extrude it from the die hole of the extrusion die. Thereby, a plastic processing method for parts or semi-finished products with required cross-sectional shape, size and certain mechanical properties can be obtained.
Aluminum extrusion molding improves the deformability of aluminum, and the overall quality of the product is high. The product range is wide. Extrusion molding can not only produce tubes, rods, and wires with simple cross-sectional shapes, but also solid and hollow profiles with very complex cross-sectional shapes. And the production section changes in stages along the length direction and gradually changes variable section materials. Many of the products with cross-sectional shapes cannot be formed by other plastic processing methods. Large production flexibility. Extrusion molding has great flexibility. You can produce products with different shapes, sizes, specifications and varieties on the same equipment only by changing molds, and the operation of changing molds is simple, convenient, time-consuming, and efficient. The technological process is simple and the equipment investment is small. Compared with pipe and profile production processes such as piercing rolling and pass rolling, extrusion molding has the advantages of short process flow, less equipment and less investment.

Market Overview:

The latest research study on the global Aluminium Extrusion market finds that the global Aluminium Extrusion market reached a value of USD 87813.7 million in 2022. It’s expected that the market will achieve USD 103457.13 million by 2028, exhibiting a CAGR of 2.77% during the forecast period.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Norsk Hydro is one of the major players operating in the Aluminium Extrusion market, holding a share of 7.01% in 2021.

Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. Hydro is a leading industrial company committed to a sustainable future.

China Zhongwang Holdings Limited is the second-largest industrial aluminium extrusion product developer and manufacturer in the world and the largest in Asia and China. The company is headquartered in Liaoyang, China.

Segmentation Overview:

Among different product types, Mill-finished segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Building & Construction segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Aluminium Extrusion market covered in Chapter 3:

Zahit
Xingfa Aluminum
Gulf Extrusions Co. (LLC)
Arconic
Jindal Aluminium Limited
Exlabesa
Bonnell Aluminium
Hindalco-Novelis
Constellium
Balexco
China Zhongwang Holdings Limited
Nanshan
Qatar Aluminium Extrusion Company
Norsk Hydro
Fenglu Aluminum

In Chapter 4 and Chapter 14.2, on the basis of types, the Aluminium Extrusion market from 2018 to 2029 is primarily split into:

Mill-finished
Anodized
Power Coated

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aluminium Extrusion market from 2018 to 2029 covers:

Automotive & Mechanical Parts
Aerospace
Building & Construction
Pharmaceuticals
Chemicals & Fertilizers
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)