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The global aluminum extrusion market size reached 29.4 Million Metric Tons in 2021. Looking forward, IMARC Group expects the market to reach 38.6 Million Metric Tons by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Aluminum extrusion is the process of melting and transforming an aluminum alloy bar into a specific shape by pushing it through a cross-sectional die. Extruded aluminum has a high electrical and thermal conductivity, ductility and recyclability and can be customized according to the requirements of the consumer. The extruded parts also have a smooth and fine surface finish and can be polished, buffed, anodized, painted or powder-coated to enhance the aesthetic value and appeal of the product. Aluminum extrudes are cost-efficient, lightweight and corrosion-resistant, require low maintenance and have paramagnetic properties that make them a highly preferred alternative to conventional aluminum products. they find extensive application across various industries such as building and construction, transportation, machinery and equipment, consumer durables, electrical, etc.
The increase in the construction of green buildings is one of the key factors driving the market growth. Green buildings are environment-friendly, energy-efficient and have low carbon-emissions, owing to which they are increasingly being constructed across the globe. As extruded aluminum is widely used in the manufacturing of windows and doors in these buildings, they have a high demand in the construction industry. Furthermore, the growing automotive sector is yet another factor contributing to the market growth. As it is light in weight, extruded aluminum is used in the fabrication of various aluminum-made parts in automobiles. Additionally, due to their high malleability, aluminum extrudes can be molded into different shapes without spending excessive energy, thus increasing their demand for industrial applications.
IMARC Group provides an analysis of the key trends in each sub-segment of the global aluminum extrusion market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, alloy type and end-use industry.
Breakup by Product Type:
Breakup by Alloy Type:
Breakup by End-Use Industry:
Breakup by Region:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Units||Million Metric Tons|
|Segment Coverage||Product Type, Alloy Type, End-Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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