The India aluminum extrusion market size reached 982,980.4 Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,288,202.3 Tons by 2028, exhibiting a growth rate (CAGR) of 4.49% during 2023-2028.
Aluminum extrusion assists in transforming aluminum alloy bars into a determined shape by forcing them through a cross-sectional die. Extruded aluminum is lightweight, cost-efficient and offers high electrical and thermal conductivity. Consequently, it is widely utilized in the construction, transportation and material and equipment industries across India.
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The market is primarily driven by the extensive utilization of aluminum extrusion in the production of motor vehicles in India. Apart from this, the leading manufacturers are focusing on the manufacturing of lightweight cars to maintain fuel economy. They are substituting steel for aluminum without compromising on the design and size, which is positively influencing the market growth in the country. Furthermore, the sudden outbreak of the coronavirus disease (COVID-19) and lockdown restrictions imposed by the Government of India have slowed down production in various manufacturing units. The aluminum extrusion market will experience growth once lockdown restrictions are relaxed in the country. Moreover, the burgeoning real estate and manufacturing sectors are anticipated to enhance the demand for extruded aluminum in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India aluminum extrusion market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, alloy type and end use industry.
Breakup by Product Type:
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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 Region:
North India
West and Central India
South India
East India
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
Tons
Segment Coverage
Product Type, Alloy Type, End Use Industry, Region
Region Covered
North India, West and Central India, South India, East India
Customization Scope
10% Free Customization
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Key Questions Answered in This Report
The India aluminum extrusion market reached a volume of 982,980.4 Tons in 2022.
We expect the India aluminum extrusion market to exhibit a CAGR of 4.49% during 2023-2028.
The rising demand for aluminum extrusion across various industries, such as construction, transportation, material and equipment, etc., as it is lightweight, cost-efficient, and offers high electrical and thermal conductivity, is primarily driving the India aluminum extrusion market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous end-use industries for aluminum extrusion.
Based on the product type, the India aluminum extrusion market can be segmented into mill finished, anodized, and powder coated. Currently, mill finished holds the majority of the total market share.
Based on the alloy type, the India aluminum extrusion market has been divided into 1000 series aluminum alloy, 2000 series aluminum alloy, 3000 series aluminum alloy, 5000 series aluminum alloy, 6000 series aluminum alloy, and 7000 series aluminum alloy. Among these, 6000 series aluminum alloy currently exhibits a clear dominance in the market.
Based on the end use industry, the India aluminum extrusion market can be categorized into building and construction, transportation, machinery and equipment, consumer durables, electrical, and others. Currently, building and construction accounts for the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where West and Central India currently dominates the India aluminum extrusion market.
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