Aluminum Extrusion Market
Global Aluminum Extrusion Market Size, Share & Trends Analysis Report by Product (Shapes, Rods & Bars, Pipes & Tubes), and by Application (Building & Construction, Automotive & Transportation, Consumer Goods, Machinery and Equipment, Others) Forecast Period, 2021-2027 Update Available - Forecast 2024-2030
The global aluminum extrusion market is growing at a considerable CAGR of 3.6% during the forecast period (2021-2027). The aluminum extrusion market is experiencing high demand owing to the high rate of adoption by the automotive industry, electric, and building, and aircraft due to its lightweight and corrosion-free properties. Also, aluminum extrusion products have better physical qualities as compared to steel products. The key properties that increase the demand for aluminum in different industries include robustness, better conductivity, and recyclable property.
COVID-19 Impact on Global Aluminum Extrusion Market
The COVID-19 pandemic hurts the global aluminum extrusion market since December 2019. The pandemic has caused major consequences in the manufacturing activities, the lockdown has negatively affected the product demand. In the first half of 2020, many non-essential industries were forced to operate at a lower capacity. Hence, the pandemic has affected the demand for raw materials and generating interruptions in the supply chain.
Segmental Outlook
The global aluminum extrusion market is segmented based on product and application. Based on the product, the market is segmented as shapes, rods & bars, pipes & tubes. Based on the application, the market is segmented as building & construction, automotive & transportation, consumer goods, machinery and equipment, others. Among the product segment, the shape subsegment is projected to grow at a considerable rate over the forecast period. The segmental growth of the market is accredited to the high demand in the automotive, and transportation sectors, such shapes are used in transmission housings, framework, roof rails, sheets, and engine blocks for automotive, and railways. Further, the rising demand for structural components in the automotive sector to make them lighter is also contributing to the segmental growth. Also, the rods & bars are commonly used in construction activities, particularly in the creating of scaffolding systems. These lightweight scaffolding systems offer many benefits over traditional systems, in terms of stability, weight, and flexibility. Hence, the market for rods & bars is expected to grow considerably.
Global Aluminum Extrusion Market, by Product 2020 (%)
Regional Outlook
The global aluminum extrusion market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the aluminum extrusion market in the region. The regional growth of the market is accredited to the rising building and construction industry in the region especially in the economies such as China and India. Increasing income levels and population migration from rural to urban areas are some of the key factors that are likely to accelerate the demand for the building and construction sector in the country. Further, the European region is also likely to witness substantial growth in the near future, owing to the presence of the key players in the region and a well-established chemical sector in the region.
Global Aluminum Extrusion Market, by Region 2020 (%)
Market Players Outlook
Key players of the global aluminum extrusion market include Hindalco Industries Ltd., Arconic Corp., Norsk Hydro ASA, Constellium, Qatar Aluminium Extrusion Co. (QALEX), Balexco Bahrain Aluminium Extrusion Co., to survive in the market, these players adopt different marketing strategies such as product launches. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aluminum extrusion market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Aluminum Extrusion Industry
• Recovery Scenario of Global Aluminum Extrusion Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Aluminum Extrusion Market by Product
5.1.1. Shapes
5.1.2. Rods & Bars
5.1.3. Pipes & Tubes
5.2. Global Aluminum Extrusion Market by Application
5.2.1. Building & Construction
5.2.2. Automotive & Transportation
5.2.3. Consumer Goods
5.2.4. Machinery and equipment
5.2.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alcoa Corp.
7.2. Arconic Corp.
7.3. Bahrain Aluminium Extrusion Co. (BALEXCO) B.S.C
7.4. Bonnell Aluminum, Inc.
7.5. Century Aluminum Co.
7.6. China Hongqiao Group, Ltd.
7.7. China Zhongwang Holdings, Ltd.
7.8. Constellium
7.9. Extruded Aluminum Corp. Co.
7.10. Global Aluminium Pvt., Ltd.
7.11. Guangdong Fenglu Aluminium Co., Ltd.
7.12. Hindalco Industries, Ltd.
7.13. Kaiser Aluminum Corp.
7.14. Mid-States Aluminum Corp.
7.15. Norsk Hydro ASA
7.16. Qatar Aluminium Extrusion Co.
7.17. RusAL
7.18. The Hope Group
7.19. UACJ Corporation.
7.20. Xinfa Group Co., Ltd.
1. GLOBAL ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL ALUMINUM EXTRUSION MARKET BY PRODUCT, 2020-2027 ($ MILLION)
3. GLOBAL SHAPES MARKET BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL RODS & BARS MARKET BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL PIPES & TUBES MARKET BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ALUMINUM EXTRUSION MARKET BY APPLICATION, 2020-2027 ($ MILLION)
7. GLOBAL ALUMINUM EXTRUSION FOR BUILDING & CONSTRUCTION MARKET BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL ALUMINUM EXTRUSION FOR AUTOMOTIVE & TRANSPORTATION MARKET BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ALUMINUM EXTRUSION FOR CONSUMER GOODS MARKET BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ALUMINUM EXTRUSION FOR MACHINERY AND EQUIPMENT MARKET BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL ALUMINUM EXTRUSION FOR OTHERS MARKET BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
14. NORTH AMERICAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
15. NORTH AMERICAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. EUROPEAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
17. EUROPEAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
18. EUROPEAN ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. REST OF THE WORLD ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
23. REST OF THE WORLD ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
24. REST OF THE WORLD ALUMINUM EXTRUSION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ALUMINUM EXTRUSION MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ALUMINUM EXTRUSION MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL ALUMINUM EXTRUSION MARKET, 2021-2027 (%)
4. GLOBAL ALUMINUM EXTRUSION MARKET SHARE BY PRODUCT, 2020 VS 2027 (%)
5. GLOBAL ALUMINUM EXTRUSION MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
6. GLOBAL ALUMINUM EXTRUSION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL SHAPES MARKET BY REGION, 2020 VS 2027 (%)
8. GLOBAL RODS & BARS MARKET BY REGION, 2020 VS 2027 (%)
9. GLOBAL PIPES & TUBES MARKET BY REGION, 2020 VS 2027 (%)
10. GLOBAL ALUMINUM EXTRUSION FOR BUILDING & CONSTRUCTION MARKET BY REGION, 2020 VS 2027 (%)
11. GLOBAL ALUMINUM EXTRUSION FOR AUTOMOTIVE & TRANSPORTATION MARKET BY REGION, 2020 VS 2027 (%)
12. GLOBAL ALUMINUM EXTRUSION FOR CONSUMER GOODS MARKET BY REGION, 2020 VS 2027 (%)
13. GLOBAL ALUMINUM EXTRUSION FOR MACHINERY AND EQUIPMENT MARKET BY REGION, 2020 VS 2027 (%)
14. GLOBAL ALUMINUM EXTRUSION FOR OTHER MARKET BY REGION, 2020 VS 2027 (%)
15. US ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
16. CANADA MARKET ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
17. UK ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
18. GERMANY ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
19. SPAIN ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
20. FRANCE ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
21. ITALY ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
22. REST OF EUROPE ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
23. INDIA ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
24. CHINA ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
25. JAPAN ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
26. SOUTH KOREA ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF ASIA-PACIFIC ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
28. REST OF WORLD ALUMINUM EXTRUSION MARKET SIZE, 2020-2027 ($ MILLION)
