Aluminum Extrusion Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: May 15, 2020 |

The global aluminum extrusion market size was estimated at around USD 80 billion in 2019 and expected to grow at a significant CAGR of 5% during the forecast period 2020 to 2027. The wide use of extruded aluminum products in various industries is expected to grow the market across the globe. Due to its features such as low cost, recyclability, lightweight, and easy availability has assisted the demand for extruded aluminum products globally. In 2020, Norsk Hydro ASA achieved a certificate of Aluminum Stewardship Initiative (ASI) Performance Standard for it 15 sites located in Europe. It will impact customers who prefer certified suppliers for sustainable material.

The market is classified into product type, end-use, and region. On the basis of product type, the market is further segmented into shapes, roads & bars, pipes & tubes, and others. By product type, the shapes segment held the largest share of aluminum extrusion market around 80% in 2019. The segment growth is contributed by a growing demand for extruded aluminum products in various industries such as building & construction, automobile, and consumer goods. In addition, the pipes and tubes segment is projected as the fastest-growing segment of the market over the forecast period.

By end-use industry, the building and construction segment held the largest share of aluminum extrusion market in 2019 around 60% of market share. The segment is also driven by come factors such as rapid urbanization and industrialization. In addition, due to its features lightweight and high strength, the automotive and transportation segment is expected to the fastest-growing segment over the forecast period. By region, Asia Pacific dominated the market in 2019 and projected to keep its dominance over the forecast due to increasing manufacturing and construction industries in developing economies.

The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global aluminum extrusion market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.

Aluminum Extrusion Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.

Aluminum Extrusion Market Segmentation:

By Product Type:

  • Shapes
  • Rods & Bars
  • Pipes & Tubes
  • Others

By End-Use:

  • Building & Construction
  • Automotive & Transportation
  • Consumer Goods
  • Electrical & Energy
  • Others

List of Key Companies:

  • Norsk Hydro ASA
  • CHINA ZHONGWANG HOLDINGS LIMITED
  • Hindalco-Novelis
  • Arconic
  • Constellium
  • Jindal Aluminium Limited
  • Alcoa Corporation
  • TALCO ALUMINIUM COMPANY
  • QALEX

Geographic Coverage:

  • North America Market Revenue and/or Volume
  • Europe Market Revenue and/or Volume
  • Asia Pacific Market Revenue and/or Volume
  • Middle-East and Africa Market Revenue and/or Volume
  • Latin America Market Revenue and/or Volume

The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.

Report Coverage

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Key Questions Answered by Aluminum Extrusion Market Report

  • Global aluminum extrusion market forecasts from 2020-2027
  • Regional aluminum extrusion market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country level forecasts from 2020-2027 covering 15 major countries from aforementioned regions
  • Aluminum Extrusion submarket forecasts from 2020-2027 covering submarket 1, submarket 2 submarket 3
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter's Five Force model, Value Chain Analysis pertaining to aluminum extrusion market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country level aluminum extrusion markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the aluminum extrusion market
  • Profiles and market share of the leading 10 companies in 2019 at a global level

(Reports will be updated due to COVID-19 impacts on the market)

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