Product Code: GVR-3-68038-700-1
Aluminum Extrusion Market Growth & Trends:
The global aluminum extrusion market size is anticipated to reach USD 146.82 billion by 2030, registering a CAGR of 8.4% from 2025 to 2030, according to a new report by Grand View Research, Inc.Growing infrastructure and residential construction, particularly in booming APAC, Latin America, and MENA regions, are poised to be major growth engines in the coming years. Rapid urbanization, rising disposable incomes, and population surges are fueling massive investments in the infrastructure & construction sector.
In the budget for 2023-2024, the Indian government allocated INR 16,000 crores (USD 1931.5 million) to develop "sustainable cities of tomorrow". Such initiatives are anticipated to transform multiple cities in India by improving their infrastructure and mobility and creating urban sustainability. There exists a substantial deficit in infrastructure investment on a global scale, prompting governments worldwide to actively address and reduce this gap. This concerted effort is anticipated to have a positive impact on the market over the forecast period.
The construction sector boom isn't the only driver driving the market. Aluminum's flexibility, strength, and rust resistance make it a popular application in the automotive industry, especially with the changing dynamics of automotive vehicles. The booming automotive & transportation application segment is expected to drive the demand for aluminum extrusion over the coming years.
Stringent environmental regulations, particularly around carbon emissions, are driving automakers to embrace aluminum over steel. Car manufacturers face mounting pressure to comply with laws like those from the EPA, CARB, and NHTSA, pushing them to adopt lighter, more fuel-efficient materials. Aluminum extruded parts offer an enticing solution here by significantly reducing vehicle weight, thereby lowering emissions and meeting regulatory requirements. This, in turn, is expected to reduce weight and fuel significant demand for the aluminum extruded parts market.
Aluminum Extrusion Market Report Highlights:
- Based on product, shapes dominated the market with more than 79.0% share in 2024, owing to excellent malleability properties and rising demand for aluminum shapes in prominent end-use industries.
- The rods & bars segment is expected to grow at the fastest CAGR over the forecast period.
- Based on applications, the buildings & construction segment held the largest share of over 60.0% in 2024. Aluminum extrusion products find a wide range of applications in the construction sector and are anticipated to witness significant growth over the forecast period, owing to infrastructural developments.
- Asia Pacific dominated the aluminum extrusion market owing to factors such as the growing construction & automotive industry due to the presence of developing economies such as China, India, and other Southeast Asian countries.
- In November 2023, Norsk Hydro ASA announced its agreement with Watt Electric Vehicles (WEVC), an automotive start-up in the UK, to deliver low-carbon and recycled aluminum extrusion chassis for their upcoming commercial electric vehicle to be produced from the beginning of 2025.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Aluminum Extrusion Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Aluminum Extrusion Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2024 & 2030
- 4.2. Aluminum Extrusion Market Estimates & Forecast, By Product, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. Shapes
- 4.3.1. Shapes Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. Rods & Bars
- 4.4.1. Rods & Bars Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.5. Pipes & Tubes
- 4.5.1. Pipes & Tubes Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Aluminum Extrusion Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2024 & 2030
- 5.2. Aluminum Extrusion Market Estimates & Forecast, By Application, 2018 to 2030 (Kilo Tons) (USD Million)
- 5.3. Building & Construction
- 5.3.1. Building & Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Automotive & Transportation
- 5.4.1. Automotive & Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Consumer Goods
- 5.5.1. Consumer Goods Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Electrical & Energy
- 5.6.1. Electrical & Energy Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.7. Other Applications
- 5.7.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Aluminum Extrusion Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.2. North America
- 6.2.1. North America Aluminum Extrusion Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.4. India
- 6.4.4.1. Key country dynamics
- 6.4.4.2. India aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.3. Saudi Arabia aluminum extrusion market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. Aluminum Extrusion Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share/Position Analysis, 2024
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research And Development
- 7.6. Company Profiles
- 7.6.1. Alupco
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. Arconic Corp.
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. Balexo Bahrain Aluminum Extrusion Company
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. Constellium N.V.
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Gulf Extrusions Co. LLC
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. Hindalco Industries Ltd.
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. Kaiser Aluminum
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Norsk Hydro ASA
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. QALEX
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments