Aluminum Extrusion Global Market Report 2023

Description

“Aluminum Extrusion Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on aluminum extrusion market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for aluminum extrusion? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aluminum extrusion market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Mill Finished; Anodized; Powder Coated

2) By Alloy Type: 1000 Series Aluminum Alloy; 2000 Series Aluminum Alloy; 3000 Series Aluminum Alloy; 4000 Series Aluminum Alloy; 5000 Series Aluminum Alloy; 6000 Series Aluminum Alloy; 7000 Series Aluminum Alloy

3) By End-Use: Building And Construction; Transportation; Machinery And Equipment; Consumer Durables; Electrical; Other End-Uses

Companies Mentioned: Hindalco Industries Limited; Hydro; Arconic Corp.; Constellium; QALEX

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the aluminum extrusion market are: Hindalco Industries Limited, Hydro, Arconic Corp., Constellium, QALEX, Kaiser Aluminum, China Zhongwang Holdings Ltd., Aluminium Products Company (ALUPCO), Bahrain Aluminium Extrusion Co. (BALEXCO), Century Extrusions Ltd., Galco Group, Jindal Aluminim Ltd., W.W. Grainger Inc., Orange Aluminium, Novelis, Gulf Extrusions Co. LLC, Bonnell Aluminum, Keymark Corporation, Hulamin Ltd., WISPECO Aluminium, TALCO and Bonnell Aluminium.

The global aluminum extrusion market grew from $86.16 billion in 2022 to $92.8 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aluminum extrusion market is expected to grow to $124.73 billion in 2027 at a CAGR of 7.7%.

The aluminum extrusion market includes revenues earned by entities by transform aluminum alloy into objects for a wide range of uses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The aluminum extrusion refers to a procedure that involves pressing aluminium alloy material through a die with a particular cross-sectional profile. It is used to transform aluminum alloy into objects for a wide range of uses. Aluminum's malleability makes it easy to mill and cast and because it has one-third the density and stiffness of steel, the resulting products are solid and stable compared to other metals.

Asia-Pacific was the largest region in the aluminum extrusion market in 2022. The regions covered in the aluminum extrusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of type of aluminum extrusion are mill finished, anodized and powder coated. The mill-finished aluminum extrusions that have a natural mill finish as they come out from the extruder die. As the mill finish is exposed to air and moisture, it oxidizes into a light white powder (aluminum oxide). Various types of alloys in aluminum extrusion are 1000 series aluminum alloy, 2000 series aluminum alloy, 3000 series aluminum alloy, 4000 series aluminum alloy, 5000 series aluminum alloy, 6000 series aluminum alloy and 7000 series aluminum alloy and are mostly used in building and construction, transportation, machinery and equipment, consumer durables, electrical and others.

The increase in the construction of green buildings is one of the key factors driving the market growth. Green buildings are environmentally sustainable, energy-saving, and produce low carbon emissions. Aluminum has been a driving force behind the green construction movement because of its unrivaled characteristics. The characteristics of aluminum, such as strong and durable, recyclable, corrosion-resistant, light and malleable, make it apt for sustainable architecture. According to the U.S. Green Building Council (USGBC), India ranked third in Leadership in Energy and Environmental Design (LEED) in 2021 with a total of 146 LEED-certified buildings and spaces, which represents about 2.8 million gross area square meters (GSM) of space. This is an almost 10% increase in LEED-certified space in India from 2020. Thus an increase in the construction of green buildings will lead to the demand for aluminum extrusions.

Strategic partnership is a key trend in the aluminum extrusion market. Manufacturers and organizations are entering into a partnership and collaborations to gain competitive advantage and expand in different regions. For instance, in January 2020, SMS Group and R.L. Best entered into a partnership to provide spare parts, modernizations, field service, and installation skills to extruders. SMS Group is a Germany- based company that supplies plants to the metallurgical industry for steel, aluminum, copper, and metals. R.L. Best is a US-based company that specializes in aluminum extrusion.

In January 2020, NSA Industries LLC, a US-based manufacturer of sheet metalwork products, acquired Vitex Extrusions, for an undisclosed amount. Through this acquisition, NSA will extend its capabilities and enter the high-growth extrusion industry while also providing Vitex with greatly enhanced downstream production capabilities. Vitex Extrusions is a US-based manufacturer of aluminum extrusions that offers custom extruded aluminum manufacturing, fabrication, CNC machining, assembly, and supply chain solutions.

The countries covered in the aluminum extrusion market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The aluminum extrusion market research report is one of a series of new reports from The Business Research Company that provides aluminum extrusion market statistics, including aluminum extrusion industry global market size, regional shares, competitors with an aluminum extrusion market share, detailed aluminum extrusion market segments, market trends and opportunities, and any further data you may need to thrive in the aluminum extrusion industry. This aluminum extrusion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r4074

1. Executive Summary

2. Aluminum Extrusion Market Characteristics

3. Aluminum Extrusion Market Trends And Strategies

4. Aluminum Extrusion Market - Macro Economic Scenario

4.1. COVID-19 Impact On Aluminum Extrusion Market
4.2. Ukraine-Russia War Impact On Aluminum Extrusion Market
4.3. Impact Of High Inflation On Aluminum Extrusion Market

5. Aluminum Extrusion Market Size And Growth

5.1. Global Aluminum Extrusion Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Aluminum Extrusion Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Aluminum Extrusion Market Segmentation

6.1. Global Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Mill Finished
Anodized
Powder Coated
6.2. Global Aluminum Extrusion Market, Segmentation By Alloy Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

1000 Series Aluminum Alloy

2000 Series Aluminum Alloy

3000 Series Aluminum Alloy

4000 Series Aluminum Alloy

5000 Series Aluminum Alloy

6000 Series Aluminum Alloy

7000 Series Aluminum Alloy

6.3. Global Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Building And Construction
Transportation
Machinery And Equipment
Consumer Durables
Electrical
Other End-Users

7. Aluminum Extrusion Market Regional And Country Analysis

7.1. Global Aluminum Extrusion Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Aluminum Extrusion Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Aluminum Extrusion Market

8.1. Asia-Pacific Aluminum Extrusion Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Aluminum Extrusion Market

9.1. China Aluminum Extrusion Market Overview
9.2. China Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Aluminum Extrusion Market

10.1. India Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Aluminum Extrusion Market

11.1. Japan Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Aluminum Extrusion Market

12.1. Australia Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Aluminum Extrusion Market

13.1. Indonesia Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Aluminum Extrusion Market

14.1. South Korea Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Aluminum Extrusion Market

15.1. Western Europe Aluminum Extrusion Market Overview
15.2. Western Europe Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Aluminum Extrusion Market

16.1. UK Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Aluminum Extrusion Market

17.1. Germany Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Aluminum Extrusion Market

18.1. France Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Aluminum Extrusion Market

19.1. Eastern Europe Aluminum Extrusion Market Overview
19.2. Eastern Europe Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Aluminum Extrusion Market

20.1. Russia Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Aluminum Extrusion Market

21.1. North America Aluminum Extrusion Market Overview
21.2. North America Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Aluminum Extrusion Market

22.1. USA Aluminum Extrusion Market Overview
22.2. USA Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Aluminum Extrusion Market

23.1. South America Aluminum Extrusion Market Overview
23.2. South America Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Aluminum Extrusion Market

24.1. Brazil Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Aluminum Extrusion Market

25.1. Middle East Aluminum Extrusion Market Overview
25.2. Middle East Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Aluminum Extrusion Market

26.1. Africa Aluminum Extrusion Market Overview
26.2. Africa Aluminum Extrusion Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Aluminum Extrusion Market, Segmentation By End-Use, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Aluminum Extrusion Market Competitive Landscape And Company Profiles

27.1. Aluminum Extrusion Market Competitive Landscape
27.2. Aluminum Extrusion Market Company Profiles
- 27.2.1. Hindalco Industries Limited
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Hydro
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Arconic Corp.
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Constellium
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. QALEX
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Aluminum Extrusion Market

29. Aluminum Extrusion Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer