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

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

Aluminum alloy extrusion is the process by which the aluminum alloy material is forced through a die with a specific cross-sectional profile. Aluminum extrusion can be compared to squeezing toothpaste from a tube. The powerful ram pushes the aluminum through the mold and then comes out of the mold opening.

Market Overview:

The latest research study on the global Aluminum Alloy Extrusion Profiles market finds that the global Aluminum Alloy Extrusion Profiles market reached a value of USD 103071.82 million in 2022. It’s expected that the market will achieve USD 120653.0 million by 2028, exhibiting a CAGR of 2.66% during the forecast period.

Influence Factors

The direct sales business model is generally adopted in the industrial aluminum extrusion industry. On the one hand, because most of the industrial aluminum extrusion products are non-standardized products tailored to customers, the direct sales business model can directly communicate with end customers effectively. Reduce intermediate costs, and have higher control over product design and quality; on the other hand, the direct sales model is also conducive to the establishment of long-term and stable customer channels.
The production model and procurement model in the industry mainly adopt production based on sales and order based on production, and the production plan and procurement plan are arranged according to the sales order situation of the enterprise.
The industry adopts a pricing model of benchmark aluminum price + processing fee for products. The purchase of aluminum ingots is usually accompanied by the market, and enterprises earn processing fees. However, due to the different specifications of processed products, different processing complexity, product quality differences, and corporate brand reputation, supply efficiency, research and development capabilities, after-sales service and other factors, the processing fees for products of the same material and model will also be affected. Different, resulting in greater differences in their profit levels.
Due to the wide range of application fields of aluminum extrusion, its industry development is closely related to electrical products, household appliances, home decoration, rail vehicles, auto parts, electromechanical equipment, aerospace equipment, electric power and many other industrial industries. The production and sales of industrial aluminum extrusion materials are also mainly affected by demand fluctuations in many downstream industries, and are greatly affected by the prosperity of the national economy. Its sales, prices and other changes also show a certain cyclical trend along with macroeconomic fluctuations. change.

At the same time, the sales of industrial aluminum extrusion materials are also showing no watermark due to the fluctuation of the downstream market.

It is especially prominent in consumer electronics, consumer durables and auto parts. Due to market demand for consumer goods and promotional activities, the impact of holidays will be concentrated, and downstream consumer goods manufacturers usually purchase parts in advance 1-2 months before the holiday. In order to maintain a certain amount of inventory, the demand for the industrial aluminum profile market in the second half of the year is usually greater, resulting in the overall sales of the industrial aluminum profile industry in the second half of the year than in the first half.

Market Trends

The product structure of aluminum extrusion products has been further adjusted. The transformation of architectural profile manufacturers to industrial profiles is accompanied by the rapid development of industrial aluminum profile market demand. Some enterprises with a certain scale and strength have begun to develop gradually. The transformation and development of industrial aluminum, relying on its equipment, technology and customer resource advantages, has gradually achieved a greater competitive advantage in the field of industrial aluminum and achieved good economic benefits. At the same time, with the encouragement of national policies, in order to increase the proportion of high value-added products, the product structure of construction profile manufacturers will be further upgraded and transformed into industrial profiles, thereby reducing operating risks.
At present, among large-scale aluminum processing enterprises, various large-size, large-section, high-power forward and reverse extrusion production lines have been built and put into operation, which have broken the traditional aluminum processing technology, and advanced continuous extrusion and other aluminum processing technologies have been used widely.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Hydro Extrusions is one of the major players operating in the Aluminum Alloy Extrusion Profiles market, holding a share of 7.69% in 2020.

Hydro Extrusion Luce/Chateauroux provides fabricated metal services. The Company offers aluminum extrusion such as designing, manufacturing fabrication, surface treatment, remelting, machining, and finishing services. Hydro Extrusion Luce/Chateauroux serves construction, transportation, automotive, energy.

Guangdong Xingfa Aluminum Co., Ltd. is a well-known large-scale enterprise specializing in the production of architectural aluminum profiles and industrial aluminum profiles in China.

Segmentation Overview:

Among different product types, Forward Extrusion segment is anticipated to contribute the largest market share in 2028.

Application Overview:

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

Key Companies in the global Aluminum Alloy Extrusion Profiles market covered in Chapter 3:

Xingfa Aluminum
Nanshan
Constellium
Bonnell Aluminum
Qatar Aluminium Extrusion
Jindal Aluminium
Gulf Extrusions
Zahit Aluminum
Kaiser Aluminum
Balexco
Hindalco Industries
Hydro Extrusions
Zhongwang Holdings Limited
Arconic

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

Forward Extrusion
Backward Extrusion
Composite Extrusion

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

Construction
Automotive
Manufacturing
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)