PUBLISHER: Orion Market Research | PRODUCT CODE: 1838655
PUBLISHER: Orion Market Research | PRODUCT CODE: 1838655
US Aluminium Extrusion Market Size, Share & Trends Analysis Report by Product Type (shapes, rods & bars, pipes & tubes, structural aluminum extrusions, custom aluminum extrusions, standard aluminum extrusions, aluminum profiles, and others), and by Application (Building & Construction, Automotive & Transportation, Electrical & Electronics, Machinery & Equipment, Consumer Goods, Packaging, Healthcare, And Others), Forecast Period (2025-2035)
Industry Overview
US aluminium extrusion market was valued at $17.5 billion in 2024 and is projected to reach $46.0 billion by 2035, growing at a CAGR of 9.6% during the forecast period (2025-2035). The market is driven by strong demand from the automotive (electric vehicles and fuel efficiency) and construction (sustainable building) sectors, along with the aerospace and industrial manufacturing sectors. Key growth factors include the push for lightweight, high-strength, and recyclable materials, advancements in extrusion technology, and supportive government regulations for emissions reduction.
Market Dynamics
Rising Demand for Lightweight Materials
The automotive and transportation sectors are increasingly adopting aluminum extrusions to reduce vehicle weight, thereby improving fuel efficiency and meeting stringent emission standards. This trend is expected to continue, driving the demand for aluminum extrusions in these industries.
Growth in Construction and Infrastructure Development
The construction industry is witnessing a surge in the use of aluminum extrusions for applications such as window frames, curtain walls, and structural components. This growth is fueled by the material's durability, aesthetic appeal, and corrosion resistance, making it ideal for modern architectural designs.
Advancements in Recycling Technologies
Technological advancements in aluminum recycling are contributing to a more sustainable production process. Recycling aluminum requires significantly less energy compared to primary production, aligning with environmental goals and reducing production costs.
Market Segmentation
Shapes Segment to Lead the Market with the Largest Share
The shapes segment is projected to hold the largest market share in the U.S. aluminum extrusion market. In 2024, it accounted for approximately 76.6% of the market revenue, making it the dominant product type. Shapes include various profiles such as angles, channels, and beams, which are extensively used across multiple industries, including construction, automotive, and machinery. The versatility and widespread application of these profiles contribute to their significant market presence.
Automotive & Transportation: A Key Segment in Market Growth
The automotive & transportation segment is expected to witness the fastest growth during the forecast period. The automotive industry's emphasis on reducing vehicle weight to improve fuel efficiency and meet stringent emission standards has led to a surge in the use of aluminum extrusions in vehicle manufacturing. Aluminum extrusions are utilized in various vehicle components, including chassis, body structures, and interior parts, contributing to overall weight reduction and enhanced performance.
The major companies operating in the US aluminium extrusion market include Alcoa Corp, Arconic Corp, Constellium N.V., Norsk Hydro ASA, Kaiser Aluminum, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments