Global Aluminum Alloy Extruded Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aluminum Alloy Extruded Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Aluminum alloy extrusion technology is a plastic processing technology that applies strong pressure to the metal blank placed in the die cavity, forcing the metal blank to produce directional plastic deformation and extrude from the die hole of the extrusion die, thereby obtaining parts or semi-finished products. - A finished product with the desired cross-sectional shape and dimensions and certain mechanical properties. Products made by aluminum alloy extrusion process are called aluminum alloy extrusion products.

Market Overview:

The latest research study on the global Aluminum Alloy Extruded Products market finds that the global Aluminum Alloy Extruded Products market reached a value of USD 1457.77 million in 2022. It’s expected that the market will achieve USD 1843.34 million by 2028, exhibiting a CAGR of 3.99% during the forecast period.

Driving factors

Aluminum alloy extruded products have the advantages of light weight, high strength, corrosion resistance and recyclability, and are widely used in construction, transportation, electrical and electronic, mechanical equipment and other fields. With the rapid development of these fields, the demand for aluminum alloy extruded products is increasing. With the acceleration of global urbanization, the demand for aluminum alloy extruded products in the construction industry has also increased. Aluminum alloy extruded products have the advantages of high strength, light weight and corrosion resistance, which can meet the requirements of the construction industry for material quality and design effect. At the same time, with the development of the global automobile industry, the demand for lightweight materials in the automobile industry is increasing to reduce emissions and improve fuel economy. Aluminum alloy extruded products can be used to manufacture parts such as car body and chassis, which has the advantages of light weight, good rigidity and corrosion resistance, and has gradually become one of the mainstream materials in the automobile industry.

Challenge factors

Aluminum alloy extrusion is an efficient, energy-saving and environment-friendly aluminum profile production process. Although the aluminum alloy extrusion technology is mature, it still faces some technical difficulties, such as complex profile extrusion, surface treatment and heat treatment. Aluminum alloy extrusion processing complex profiles requires high-quality dies, and at the same time, a series of problems such as alloy selection and extrusion process optimization need to be considered, which makes the aluminum alloy pressed products industry still have certain constraints in the extrusion of complex profiles. In addition, after aluminum alloy extrusion, its surface quality directly affects its application effect and service life. At present, the surface treatment technology of aluminum alloy extrusion products still needs to be improved and improved, especially in oxidation and spraying, which will bring certain constraints to the production and quality of aluminum alloy extrusion products.

Region Overview:

In 2022, the share of the Aluminum Alloy Extruded Products market in Asia stood at 65.33%.

Company Overview:

Hydro Extrusion is a leading aluminum and energy company committed to a sustainable future. Hydro Extrusion exists in the whole aluminum value chain, from energy to bauxite mining and alumina refining, primary aluminum, aluminum profiles and aluminum recovery. Hydro Energy has more than 100 years of experience in renewable energy production. It is one of the three largest hydropower production operators in Norway and a large power market participant in Northern Europe and Brazil. Hydro Energy is responsible for developing new business opportunities in renewable energy, hydrogen energy and batteries for Hydro Extrusion, and providing contract, supply security and energy framework conditions for other business areas of Hydro Extrusion. Hydro Extrusion aims to create a more viable society by developing natural resources into products and solutions in an innovative and efficient way. The corporate governance system enables the company to operate efficiently while maintaining necessary supervision at the executive and board levels.

Guangdong Xingfa Aluminum Co., Ltd. (hereinafter referred to as Xingfa Aluminum) is headquartered in Foshan City, Guangdong Province. Founded in 1984, Guangdong Guangxin Holding Group Co., Ltd. (a provincial state-owned enterprise) and China Liansu Group Holding Co., Ltd. successively invested in Xingfa Aluminum in 2011, creating a precedent for mixed ownership of state-owned and private aluminum profiles in China. It is a famous large-scale enterprise specializing in the production of architectural aluminum profiles and industrial aluminum profiles in China, and ranks among the advanced aluminum profiles in the world. Xingfa Aluminum has participated in the drafting and formulation of 1 international standard, 74 national standards and 32 industry standards, and has more than 1,800 national patents on aluminum profiles, providing more than 200,000 kinds of product specifications and models covering various fields of aluminum alloys, involving aluminum profiles products and engineering solutions in the fields of building doors and windows curtain wall systems, electronic equipment, mechanical equipment, rail transit, aerospace, ships, etc. With strong research and development capabilities and persistent pursuit of excellent quality, it has been in China and in the past 30 years.

Hydro Extrusion is one of the major players operating in the Aluminum Alloy Extruded Products market, holding a share of 6.87% in 2023.

Segmentation Overview:

By type, Profile segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Architecture segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Aluminum Alloy Extruded Products market covered in Chapter 3:

Hindalco
ALUPCO
Guangdong Weiye Aluminum Factory Group Co., Ltd.
Bonnell Aluminum
Fujian fenan aluminum co., ltd
Keymark Corporation
Guangya Aluminum (Group) Co., Ltd.
Shandong Huajian aluminum group co., ltd
Hydro Extrusion
Constellium
Arconic Corp.
Kaiser Aluminum
Guangdong Jianmei Aluminum Profile Factory (Group) Co., Ltd.
Zhaoqing Asia Aluminum Factory Co., Ltd.
Guangdong fenglv aluminum co., ltd
Jiangsu Yatai Light Alloy Technology Co., Ltd.
Gulf Extrusions
Jindal Aluminium
Guangdong xingfa aluminum co., ltd
Galco Group
Zhongwang group

In Chapter 4 and Chapter 14.2, on the basis of types, the Aluminum Alloy Extruded Products market from 2018 to 2029 is primarily split into:

Profile
Bar
Pipe

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aluminum Alloy Extruded Products market from 2018 to 2029 covers:

Automobile
Architecture
Aerospace
Photovoltaic
Rail Transit
Consumer Electronics
Machinery
Other

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)