Reports
Global Aluminium Extrusion Market Size, Share, Growth: By Product Type: Mill Finished, Anodized, Powder Coated; By Alloy Type: 1000 Series Aluminium Alloy, 2000 Series Aluminium Alloy, 3000 Series Aluminium Alloy, Others; By End Use; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Aluminium Extrusion Market Outlook
The global aluminium extrusion market size reached a volume of about 23.50 million metric tons in 2023. The industry is further expected to grow at a CAGR of about 5% between 2024 and 2032 to reach a volume of around 36.45 million metric tons by 2032.
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The Asia Pacific represents a significant proportion of the aluminium extrusion market due to the growth of the construction industry and the push toward green building adoption in developing economies, including Japan, China, and India. Europe is also a major region in the aluminium extrusion market driven by the region's large automotive industry base and the growing industrial use of extruded aluminium.
The mill finished is the leading product type in the aluminium extrusion market, whereas, the 6000 series alloy dominates the alloy type segment of the industry. The end-use segment is being led by the building and construction segment buoyed by the rising construction activities globally.
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Market Segmentation
The process of transforming aluminium alloys in specific forms is known as aluminium extrusion by driving them through a cross-sectional die. Extracted aluminium is highly lightweight, cost-effective, and resistant to corrosion. It also provides high ductility, improved conductivity, and could be recycled repeatedly without having lost its integrity. Furthermore, it is highly robust and stable and very muddy in nature. It is also commonly used for the transportation and disposal of mined materials and for the manufacture of assorted aircraft components. Due to the many advantages of the products derived from the process, they are also commonly used in various industrial verticals, including automotive, electric, and building.
Based on the product type, the market can be divided into:
- Mill Finished
- Anodized
- Powder Coated
On the basis of alloy type, the industry can be segmented into:
- 1000 Series Aluminium Alloy
- 2000 Series Aluminium Alloy
- 3000 Series Aluminium Alloy
- 5000 Series Aluminium Alloy
- 6000 Series Aluminium Alloy
- 7000 Series Aluminium Alloy
It finds its end-use in the following sector:
- Building and Construction
- Transportation
- Machinery and Equipment
- Consumer Durables
- Electrical
- Others
The regional markets for aluminium extrusion include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The increased government incentives for the use of aluminium extrusions in building integrated photovoltaic (BIPVs), which use renewable energy generation, are supporting the demand for aluminium extrusion. The rapid development in the building and construction industries is a key driver of the aluminium extrusion sector. The aluminium extrusion industry is enhanced by the growing demand for infrastructural growth, including both residential and non-residential projects, as well as the growing manufacturing of power generation, distribution equipment, and air conditioning systems. The growth of the aluminium extrusion market is also triggered by the higher per capita sales and changing lifestyles.
Competitive Landscape
The report gives a detailed analysis of the following companies in the global aluminium extrusion market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- W.W. Grainger, Inc.
- Orange Aluminium Extrusions Stock
- Norsk Hydro ASA
- Aluminium Extrusion Company
- Others
The EMR report covers the macro and micro aspects of the industry, analysing the historical (2018-2023) and forecast (2024-2032) trends of the industry and its segments like product type, alloy type, and end-uses. A detailed analysis has also been provided of the major regions in the global market, wherein the regions have been further segmented into countries. An assessment of the regional price trends of the product for the periods (2018-2023) and (2024-2032) has been included within the report. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The major demand and price indicators of the industry have also been provided within the report.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Alloy Type, End Use, Region |
| Breakup by Product Type | Mill Finished, Anodized, Powder Coated |
| Breakup by Alloy Type | 1000 Series Aluminium Alloy, 2000 Series Aluminium Alloy, 3000 Series Aluminium Alloy, 5000 Series Aluminium Alloy, 6000 Series Aluminium Alloy, 7000 Series Aluminium Alloy |
| Breakup by End Use | Building and Construction,Transportation, Machinery and Equipment, Consumer Durables, Electrical, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | W.W. Grainger, Inc., Orange Aluminium Extrusions Stock, Norsk Hydro ASA, Aluminium Extrusion Company, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aluminium Extrusion Market Analysis
8.1 Key Industry Highlights
8.2 Global Aluminium Extrusion Historical Market (2018-2023)
8.3 Global Aluminium Extrusion Market Forecast (2024-2032)
8.4 Global Aluminium Extrusion Market by Product Type
8.4.1 Mill Finished
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Anodized
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Powder Coated
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Aluminium Extrusion Market by Alloy Type
8.5.1 1000 Series Aluminium Alloy
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 2000 Series Aluminium Alloy
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 3000 Series Aluminium Alloy
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 5000 Series Aluminium Alloy
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 6000 Series Aluminium Alloy
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 7000 Series Aluminium Alloy
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.6 Global Aluminium Extrusion Market by End Use
8.6.1 Building and Construction
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Transportation
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Machinery and Equipment
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Consumer Durables
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Electrical
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Aluminium Extrusion Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Aluminium Extrusion Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Aluminium Extrusion Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Aluminium Extrusion Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Aluminium Extrusion Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Aluminium Extrusion Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
17.2.1 W.W. Grainger, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Orange Aluminium Extrusions Stock
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Norsk Hydro ASA
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Aluminium Extrusion Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Aluminium Extrusion Market: Key Industry Highlights, 2018 and 2032
2. Global Aluminium Extrusion Historical Market: Breakup by Product Type (Million MT), 2018-2023
3. Global Aluminium Extrusion Market Forecast: Breakup by Product Type (Million MT), 2024-2032
4. Global Aluminium Extrusion Historical Market: Breakup by Alloy Type (Million MT), 2018-2023
5. Global Aluminium Extrusion Market Forecast: Breakup by Alloy Type (Million MT), 2024-2032
6. Global Aluminium Extrusion Historical Market: Breakup by End Use (Million MT), 2018-2023
7. Global Aluminium Extrusion Market Forecast: Breakup by End Use (Million MT), 2024-2032
8. Global Aluminium Extrusion Historical Market: Breakup by Region (Million MT), 2018-2023
9. Global Aluminium Extrusion Market Forecast: Breakup by Region (Million MT), 2024-2032
10. North America Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2023
11. North America Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2024-2032
12. Europe Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2023
13. Europe Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2024-2032
14. Asia Pacific Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2023
15. Asia Pacific Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2024-2032
16. Latin America Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2023
17. Latin America Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2024-2032
18. Middle East and Africa Aluminium Extrusion Historical Market: Breakup by Country (Million MT), 2018-2023
19. Middle East and Africa Aluminium Extrusion Market Forecast: Breakup by Country (Million MT), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Aluminium Extrusion Market Structure
Key Questions Answered in the Report
The global aluminium extrusion market attained a volume of nearly 23.50 million metric tons in 2023.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of almost 5%.
By 2032, the market is estimated to reach a volume of around 36.45 million metric tons.
The major market drivers include rising construction activities, the rising adoption of green buildings, and growing industrial uses of extruded aluminium.
The key trends guiding the market include increasing investments in infrastructural development activities and the introduction of favourable government initiatives to boost the use of aluminium extrusions in building integrated photovoltaics (BIPVs).
The major regional markets of aluminium extrusion are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various product types of aluminium extrusion include mill finished, anodised, and powder coated.
The major alloy types considered in the market report include 1000 series aluminium alloy, 2000 series aluminium alloy, 3000 series aluminium alloy, 5000 series aluminium alloy, 6000 series aluminium alloy, and 7000 series aluminium alloy.
The significant end uses of aluminium extrusion are building and construction, transportation, machinery and equipment, consumer durables, and electrical, among others.
The major players in the above market include W.W. Grainger, Inc., Orange Aluminium Extrusions Stock, Norsk Hydro ASA, and Aluminium Extrusion Company, among others.
Analyst Review
The global aluminium extrusion market attained a volume of 23.50 million metric tons in 2023 driven by the robust growth of the construction sector. Aided by favourable government policies, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The industry is projected to reach 36.45 million metric tons by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the aluminium extrusion market can be segmented into mill finished, anodized, and powder coated, with mill finished accounting for the largest market share. 6000 series alloy is the leading alloy type in the industry. On the basis of end-uses, building and construction segment accounts for the largest share in the global market. The major regional markets for aluminium extrusion are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above inustry include W.W. Grainger, Inc., Orange Aluminium Extrusions Stock, Norsk Hydro ASA, and Aluminium Extrusion Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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