Global Aluminium-Extruded Products Market stood at USD53073.33 million in 2024-2032 and is projected to grow at a CAGR of 6.71% through 2026 to reach USD79536.24 million by 2026. This is due to increasing focus of automobile manufacturers towards aluminium-extruded products to improve fuel economy, enhance performance and increase their load-carrying capacity. Additionally rapid increase in the application of aluminium-extruded products by different end-user verticals aids the aluminium-extruded products’ market. Usage in transportation and logistics, building and construction, electrical and electronics, and other consumer durables are the primary factors contributing to the growth of the Global Aluminium-Extruded Products Market in the coming years.
Aluminium extrusion transforms aluminium alloys into an extraordinary variety of products for consumers and industrial markets. Aluminium-extruded products are light weight products created by transforming aluminium alloys. These products perform efficiently under extreme conditions like humidity, heat and therefore, find application in numerous end use industries such as electronics, automotive, mass transit, bridge decking.
Based on End-Use Industry the market is segmented into Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others. Building & Construction is the leading End-Use Industry in the Aluminium-Extruded Products Market with a share of 54.38% in 2024-2032. This is due to the increasing inclination towards the adoption of extruded aluminium products by medium and large builders for the construction of high-rise buildings and skyscrapers. The use of aluminium-extruded products in construction reduces the load on foundations which has made it popular among real estate developers.
Based on Alloy Type, the market is segmented into 1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series. In 2024-2032, 6000 series alloy segment dominated the market with a share of 35.35% and is expected to continue to do so in the forecast period as well. This is due to its versatile, heat treatable, highly formable, weldable, high strength and excellent corrosion resistance nature. These properties increase the application of aluminium-extruded products in architectural and structural purposes. Extrusion products from 6000 series are the first choice for infrastructural and architectural applications.
Based on the region, in 2024-2032, Asia-Pacific region accounted for the largest share of 50.58% in the aluminium-extruded products market owing to well-established automobile and construction industries
Some of the major players operating in the Global Aluminium-Extruded Products Market are United Company RUSAL, Alcoa Corporation, Aluminium Corporation of China Limited, Rio Tinto, Hindalco Industries Limited, Norsk Hydro ASA, Century Aluminum Company, Aluminium Bahrain B.S.C, Constellium SE among others.
Years Considered for this Report
Historical Years2016-2024-2032
Base Year2024-2032
Estimated Year2024-2032
Forecast Period2022-2026
Objective of the Study
·To analyze the historical growth in the market size of Global Aluminium-Extruded Products Market from 2016 to 2024-2032.
·To estimate and forecast the market size of Global Aluminium-Extruded Products Market from 2024-2032 to 2026 and growth rate until 2026.
·To understand the regional market structure of Global Aluminium-Extruded Products Market, which is segmented into four regions, namely – North America, Europe, Asia- Pacific, Middle East & Africa and South America.
·To identify the detailed information about the prime factors affecting the Global Aluminium-Extruded Products Market
·To evaluate competitive pricing, average market selling prices and margins in the Global Aluminium-Extruded Products Market.
·To examine competitive developments such as new entrants, government policy and investments in Global Aluminium-Extruded Products Market.
·To strategically profile the leading players in the Global Aluminium-Extruded Products Market.
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To analyze and forecast Global Aluminium-Extruded Products Market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Global Aluminium-Extruded Products Market was also undertaken. To extract data, primary surveys were conducted with key players and stakeholders in the industry and the future of major players was studied.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
Key Target Audience
· Manufacturers of aluminium-extruded products
· Raw materials suppliers and manufacturers
· Research organizations and consulting companies
· Traders, distributors, and suppliers
· Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Aluminium-Extruded Products companies, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
