Press release
2025-2034 Aluminum-Extruded Products Market Roadmap: Insights for Competitive Advantage
Aluminum-Extruded Products
How Large Will the Aluminum-Extruded Products Market Size By 2025?
The market size for aluminum-extruded products has seen robust growth in the previous years. The expansion is forecasted to rise from $46.14 billion in 2024 to approximately $48.97 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. The historic growth has been stimulated by aspects such as the impact of the industrial revolution, applications in architecture, the adoption in the aviation and automotive industries, and the use in the electrical industry.
How Big Is the Aluminum-Extruded Products Market Size Expected to Grow by 2029?
In the coming years, the market size of aluminum-extruded products is projected to experience robust growth, surging to $64.34 billion by 2029, with a compound annual growth rate (CAGR) of 7.1%. The anticipated growth within the forecast period can be associated with factors such as recycling and circular economy, cost-effectiveness, compliance with energy efficiency standards, resilience of supply chain, and urbanization combined with construction projects. The forecast period is also expected to see significant trends such as sustainable solutions, architectural applications, technological advancements, and the renewable energy sector.
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Which Key Market Drivers Powering Aluminum-Extruded Products Market Expansion and Growth?
The anticipated growth and expansion of the automobile industry are predicted to fuel the aluminum-extruded products market rise. The automobile industry encompasses an array of businesses and organizations devoted to the conception and creation of motor vehicles, including trucks, cars, agricultural machinery, and other forms of vehicles. The automotive aluminum extruder is utilized in the construction of the radiator and bracket, oil pipe, instrument panel bracket frame, door anti-collision beam, energy absorption box, bumper anti-collision beam, and the combined frame structure for the car's body. For example, in November 2023, Statistics Canada, a government agency based in Canada, reported a minor increase of 0.3% in 2022, bringing the total registered road motor vehicles to 26.3 million. Hence, the swelling and expansion of the automobile industry are propelling the aluminum extruded product market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Aluminum-Extruded Products Market?
Leading firms in the aluminum-extruded products market are making strides in the creation of advanced products, such as varieties that boast weather resistance appropriate for diverse climatic scenarios. Weather resistance implies a material's capacity to endure different environmental situations without considerable deterioration. For example, Kestrel Aluminium Systems Ltd., a UK-based company that specializes in the manufacture and supply of aluminum construction systems, introduced a 75mm window system in October 2023. This new, high-performing window system has a width of 75mm and is suitable for both commercial and domestic settings, achieving U-values as low as 1.2 W/m2K with double-glazed units. The window system presents an array of configurations including casements and fixed lights and can accommodate insulated glass units ranging from 24mm to 32mm in thickness. This system utilizes mechanical jointing for additional stability and has undergone testing for waterproofness up to 1350 Pa, promising durability irrespective of the prevailing weather conditions.
What Are the Emerging Segments in the Aluminum-Extruded Products Market?
The aluminum-extruded products market covered in this report is segmented -
1) By Product Type: Mill Finished, Powder Coated, Anodized
2) By Alloy Type: 1000 Series Aluminum, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, 7000 Series Aluminum Alloy
3) By End Use Industry: Construction, Automotive, Electric And Electronics, Machinery And Equipment, Mass Transport , Other End Use Industry (Energy, Telecom, And Consumer Durables)
Subsegments:
1) By Mill Finished: Standard Mill Finish, Custom Mill Finish
2) By Powder Coated: Architectural Powder Coated, Industrial Powder Coated, Textured Powder Coated
3) By Anodized: Sulfuric Acid Anodizing, Hardcoat Anodizing, Chromic Acid Anodizing, Decorative Anodizing
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Who Are the Global Leaders in the Aluminum-Extruded Products Market?
Major companies operating in the aluminum-extruded products market are RUSAL, Aluminum Corporation of China Limited, Rio Tinto Group, Norsk Hydro ASA, Aluminium Bahrain B.S.C, Kaiser Aluminum Corporation, Sapa Inc., China Zhongwang Holdings Limited, Hindalco Industries Limited, Constellium SE, Talco Aluminium Company, Gulf Extrusions, China Hongqiao Group Limited, Alcoa Corporation, Bahrain Aluminium Extrusion Co., Century Extrusions Ltd., Bonnell Aluminium, Arconic Corporation, Qatar Aluminum Extrusion Company, Hydro Extrusion USA LLC, Western Extrusions Corp., Crystal Finishing Systems Inc., Universal Alloy Corp., Erbsloeh Aluminum Solutions Inc., Tower Extrusions Ltd., Alexandria Extrusion Co., Taber Extrusions LLC, Bristol Aluminum, Custom Aluminum Products Inc., Futura Industries Corporation
Which are the Top Profitable Regional Markets for the Aluminum-Extruded Products Industry?
Asia-Pacific was the largest region in the aluminum-extruded products market analysis in 2024. The regions covered in the aluminum-extruded products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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