Market Overview:
The Asia Pacific aluminum extrusion market size reached US$ 23.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.56% during 2023-2028.
Aluminum extrusion refers to the process of transforming aluminum alloy bars into different shapes using an elongated cross-sectional die. Extruded aluminum is cost-efficient and offers better conductivity, ductility and recyclability. As a result, it finds extensive applications in numerous industries of the Asia Pacific region, including construction, electrical, automotive and transportation.
Due to rapid urbanization and the growing global population, governments of several countries are undertaking initiatives to improve the existing infrastructure and increase the construction of green buildings. This is escalating the demand for aluminum extrusion in the Asia Pacific region. Apart from this, leading manufacturers are introducing unique product variants by incorporating technological advancements. This, in confluence with the boosting sales of vehicles, is propelling the growth of the market. However, the ongoing coronavirus disease (COVID-19) pandemic, lockdowns imposed in different parts of the region and hindrances in the international trade have resulted in the temporary closure of various manufacturing units, which has adversely influenced the market growth. The market is anticipated to experience growth once lockdown restrictions are relaxed.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aluminum extrusion market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product type, alloy type and end use industry.
Breakup by Product Type:
- Mill Finished
- Anodized
- Powder Coated
Breakup by Alloy Type:
- 1000 Series Aluminum Alloy
- 2000 Series Aluminum Alloy
- 3000 Series Aluminum Alloy
- 5000 Series Aluminum Alloy
- 6000 Series Aluminum Alloy
- 7000 Series Aluminum Alloy
Breakup by End Use Industry:
- Building and Construction
- Transportation
- Machinery and Equipment
- Consumer Durables
- Electrical
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Alloy Type, End Use Industry, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
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) |