Aluminum Extrusion Market by Type, Process, End-User

List of Tables

[196 Pages Report] The Aluminum Extrusion Market size was estimated at USD 70.99 billion in 2022 and expected to reach USD 74.35 billion in 2023, at a CAGR 4.84% to reach USD 103.68 billion by 2030.

Global Aluminum Extrusion Market

KEY MARKET STATISTICS
Base Year [2022]	USD 70.99 billion
Estimated Year [2023]	USD 74.35 billion
Forecast Year [2030]	USD 103.68 billion
CAGR (%)	4.84%

Aluminum extrusion is used to convert aluminum alloy into objects with a standard cross-sectional profile for various uses. The extrusion process involves forcing the aluminum billet through a die, which has the shape of the desired profile. Increased construction activities in urban areas and industrial sectors directly boost the demand for aluminum extrusions. In addition, the push towards lightweight and fuel-efficient vehicles propels the use of aluminum extrusions in car manufacturing. However, volatile raw material prices can impact profit margins and the necessity for capital-intensive infrastructure and technology for modern extrusion processes. Furthermore, advancements in extrusion technology can lead to higher efficiency and better-quality products. In addition, the demand for custom, precision extrusions for specialized applications presents significant growth potential.

Regional Insights

In North America, the United States and Canada are prominent players in the aluminum extrusion market. Driven by the construction, automotive, and aerospace industries, there is a significant demand for aluminum extrusions. Sustainable construction and energy-efficient buildings are driving the adoption of aluminum extrusions in the construction sector. There have been notable investments in expanding aluminum extrusion capacities, along with advancements in the recycling processes, to address environmental concerns. In the European Union (EU), aluminum extrusion is utilized prevalently in transportation, building, and industrial sectors. Environmental regulations in the EU encourage the use of aluminum extrusions due to their recyclability and contribution to energy efficiency, particularly in vehicle manufacturing and construction industries. Initiatives taken by the European Union are encouraging innovations and investments in the sector. The Middle East and Africa (MEA) regions have seen emerging growth in the aluminum extrusion market, associated with infrastructure development and industrial diversification. The Middle East, with its significant investments in architecture and construction, is particularly keen on adopting extruded aluminum products for aesthetic and functional benefits. Similarly, Africa's growing population and urban development provide substantial room for market expansion. APAC stands as the potential production and consumer of aluminum extrusions, owing to its expansive industrial sectors, which include construction, transportation, and electronics. Technological advancement and the commitment to high-quality standards ensure steady growth in the domestic aluminum extrusion market, focusing on automation and automotive industries.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aluminum Extrusion Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aluminum Extrusion Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aluminum Extrusion Market, highlighting leading vendors and their innovative profiles. These include Alcoa Corporation, ALRO S.A. by Vimetco NV, Aluminium Products Company (ALUPCO), Austria Metall AG, Balexco Bahrain Aluminium Extrusion Company, Ball Corporation, China Zhongwang Holdings Limited, Custom Aluminum Products, Emirates Global Aluminium (EGA) Manufacturing, Flextrude Aluminum Shapes, GAL Aluminium Extrusion Pvt. Ltd., Global Aluminium Pvt. Ltd., Guangdong Fenglu Aluminum Co. Ltd., Gulf Extrusions LLC, Hindalco Industries Limited, Jindal Aluminium Limited, Maan Aluminium Limited, Metra Holding S.p.A, Mittal Aluminium Extrusion, Norsk Hydro ASA, R.Y. Extrusion Pvt. Ltd., Samuel, Son & Co., Superfine Group, and William L. Bonnell Company, Inc..

Market Segmentation & Coverage

This research report categorizes the Aluminum Extrusion Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Anodized
- Mill-finished
- Powder Coated
Process
- Direct Extrusion
- Indirect Extrusion
End-User
- Aerospace
- Automotive
- Building & Construction
- Machinery & Equipment
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Aluminum Extrusion Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aluminum Extrusion Market?

3. What are the technology trends and regulatory frameworks in the Aluminum Extrusion Market?

4. What is the market share of the leading vendors in the Aluminum Extrusion Market?

5. Which modes and strategic moves are suitable for entering the Aluminum Extrusion Market?

Product Code: MRR-436901065D61

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Aluminum Extrusion Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing Demand for Lightweight and High-Performance Materials
  - 5.1.1.2. Applications in Manufacturing Consumer and Industrial Goods
  - 5.1.1.3. Growing Use in Construction and Energy Industry due to Associated Functional Benefits
- 5.1.2. Restraints
  - 5.1.2.1. Non-Uniform Product Structure Performance
- 5.1.3. Opportunities
  - 5.1.3.1. Growing Demand for Pre-Engineered Buildings by All the Industries
  - 5.1.3.2. High Potential Emerging Economies for the Infrastructure Development
  - 5.1.3.3. Sustainable Aluminum Extrusions for Eco-Friendly Industries
- 5.1.4. Challenges
  - 5.1.4.1. High Initial Capital Investments Owing to Plant and Machinery Costs
5.2. Market Segmentation Analysis
- 5.2.1. Type: Increasing utilization of anodized aluminum extrusions as it provides attractive finish
- 5.2.2. Process: Rising applicability of direct extrusion in automotive & construction due to its higher productivity rates
- 5.2.3. End-User: Growing urbanization & construction activities driving the adoption of aluminum extrusion
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter's Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization

6. Aluminum Extrusion Market, by Type

6.1. Introduction
6.2. Anodized
6.3. Mill-finished
6.4. Powder Coated

7. Aluminum Extrusion Market, by Process

7.1. Introduction
7.2. Direct Extrusion
7.3. Indirect Extrusion

8. Aluminum Extrusion Market, by End-User

8.1. Introduction
8.2. Aerospace
8.3. Automotive
8.4. Building & Construction
8.5. Machinery & Equipment

9. Americas Aluminum Extrusion Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Aluminum Extrusion Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Aluminum Extrusion Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Metra Acquires U.S.-Based Extruded Aluminum Corporation
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Hindalco partners with Italy's Metra to enable manufacture of large-size aluminium extrusion, fabrication technology
- 12.3.3. Award, Recognition, & Expansion
  - 12.3.3.1. Bonnell to Expand Its TSLOTS Aluminum Framing Operations into Southeastern U.S.

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Alcoa Corporation
- 13.1.2. ALRO S.A. by Vimetco NV
- 13.1.3. Aluminium Products Company (ALUPCO)
- 13.1.4. Austria Metall AG
- 13.1.5. Balexco Bahrain Aluminium Extrusion Company
- 13.1.6. Ball Corporation
- 13.1.7. China Zhongwang Holdings Limited
- 13.1.8. Custom Aluminum Products
- 13.1.9. Emirates Global Aluminium (EGA) Manufacturing
- 13.1.10. Flextrude Aluminum Shapes
- 13.1.11. GAL Aluminium Extrusion Pvt. Ltd.
- 13.1.12. Global Aluminium Pvt. Ltd.
- 13.1.13. Guangdong Fenglu Aluminum Co. Ltd.
- 13.1.14. Gulf Extrusions LLC
- 13.1.15. Hindalco Industries Limited
- 13.1.16. Jindal Aluminium Limited
- 13.1.17. Maan Aluminium Limited
- 13.1.18. Metra Holding S.p.A
- 13.1.19. Mittal Aluminium Extrusion
- 13.1.20. Norsk Hydro ASA
- 13.1.21. R.Y. Extrusion Pvt. Ltd.
- 13.1.22. Samuel, Son & Co.
- 13.1.23. Superfine Group
- 13.1.24. William L. Bonnell Company, Inc.
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing