Aluminum Extrusion Market Overview, Analysis And Demand By 2034
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What Is the Aluminum Extrusion Market Growth Potential Across Different Regions?
The aluminum extrusion market size has grown steadily in recent years. It will grow from $92.34 billion in 2024 to $94.24 billion in 2025 at a compound annual growth rate (CAGR) of 2.1%. The growth in the historic period can be attributed to emerging markets growth, the growing demand for aluminum in the construction industry, and the increase in demand for lightweight and durable extruded products.
The aluminum extrusion market size is expected to see strong growth in the next few years. It will grow to $115.59 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to government support, global population growth and urbanization, the increasing demand for automotive applications, and the growing demand for aluminum in packaging. Major trends in the forecast period include the use of artificial intelligence, strategic partnerships and acquisitions, product innovation, and new plant expansions.
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What Are the Major Factors Fueling Growth in the Aluminum Extrusion Market?
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 unrivalled characteristics. The characteristics of aluminum, such as strong and durable, recyclable, corrosion-resistant, light and malleable, make it apt for sustainable architecture. For instance, in July 2024, according to the Building and Construction Authority, a Singapore-based statutory board under the Ministry of National Development of the Government of Singapore, as of the end of 2022, approximately 55% of Singapore’s buildings have been greened, reflecting significant progress towards the target of greening 80% of buildings by 2030. Additionally, BCA aims to achieve an 80% improvement in energy efficiency for best-in-class green buildings by 2030. Thus, an increase in the construction of green buildings will lead to the demand for aluminum extrusions.
What Are the Core Segments Shaping the Aluminum Extrusion Market Landscape?
The aluminum extrusion market covered in this report is segmented –
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
Subsegments:
1) By Mill Finished: Standard Mill Finish, Custom Mill Finish
2) By Anodized: Clear Anodized, Color Anodized
3) By Powder Coated: Standard Powder Coating, Custom Color Powder Coating
Which Trends Are Positively Affecting the Aluminum Extrusion Market Expansion?
Companies in the aluminum extrusion market are focusing on using artificial intelligence (AI) to optimize the extrusion procedure, decreasing material waste and enhancing product quality. AI can also assist in identifying flaws in extruded components, hence minimizing the requirement for manual inspection and enhancing quality control. For example, in April 2023, ASCONA, a German company involved in developing optical profile measuring systems for the aluminum, plastics, and rubber industry, and D-CUBE, a Greece-based technology company, announced the launch of a holistic solution for inline surface inspection of aluminum profiles. Promex CYRUS, based on artificial intelligence (AI), detects different types of surface defects in real-time, regardless of the shape, number, and size of the extruded profile strands, and converts them into meaningful warning messages. A holistic cloud-based solution that stores the surface inspection data of each production line in one or more extrusion lines and offers multiple benefits for various departments including plant management, quality assurance, extrusion management, maintenance management, and technology management.
Which Are the Major Market Players in the Aluminum Extrusion Industry?
Major companies operating in the aluminum extrusion market include Norsk Hydro ASA, UACJ Corporation, Constellium N. V., Kaiser Aluminum, Hindalco Industries Ltd., Tredegar Corp. (Bonnell Aluminum, Co., Ltd.), Arconic Corporation, Jindal Aluminium Limited, Gulf Extrusion Co LLC, QALEX, M/s. Century Extrusions Ltd, MYCO INDUSTRIES (MIDC), Soil Metal Products Co.,Ltd, Liaoning Zhongwang Group Co, Donghe International Co., Ltd, Dragon LTD, Metals4u Limited, Alubin Limited, RIAK, BK-ALPROF, RUSAL, LLC, BRT Extrusions, Inc., Momentum Manufacturing Group (MMG), Richardson Metals, Inc, Western Extrusions Corp., PSI Industries, Inc., Hydro Extrusion, Prolind Industrial Ltda, Benetec, Xtral Tecnologia Em Aluminio, Asa Alumínio, Extrusora Argentina, Emirates Extrusion Factory LLC, Cephe Sistemleri, New African Engineering Services, Hulett Metals
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What Are the Opportunities and Challenges for Aluminum Extrusion Market Across Regions?
Asia-Pacific was the largest region in the aluminum extrusion market in 2024. The regions covered in the aluminum extrusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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