Global Aluminium-Extruded Products Market stood at USD53073.33 million in 2020 and is projected to grow at a CAGR of 6.71% through 2026 to reach USD79536.24 million by 2026. This is due to the increasing focus of automobile manufacturers towards aluminium-extruded products to improve fuel economy, enhance performance and increase their load-carrying capacity. Additionally, the rapid increase in the application of aluminium-extruded products by different end-user verticals aids the aluminium-extruded products market. Usage in transportation and logistics, building and construction, electrical and electronics, and other consumer durables are the primary factors contributing to the growth of the Global Aluminium-Extruded Products Market in the coming years.
Aluminium extrusion transforms aluminium alloys into an extraordinary variety of products for consumers and industrial markets. Aluminium-extruded products are lightweight products created by transforming aluminium alloys. These products perform efficiently under extreme conditions like humidity, and heat and therefore, find application in numerous end-use industries such as electronics, automotive, mass transit, and bridge decking.
Based on End-Use Industry the market is segmented into Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others. Building & Construction is the leading End-Use Industry in the Aluminium-Extruded Products Market with a share of 54.38% in 2020. This is due to the increasing inclination towards the adoption of extruded aluminium products by medium and large builders for the construction of high-rise buildings and skyscrapers. The use of aluminium-extruded products in construction reduces the load on foundations which has made it popular among real estate developers.
Based on Alloy Type, the market is segmented into 1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series. In 2020, the 6000 series alloy segment dominated the market with a share of 35.35% and is expected to continue to do so in the forecast period as well. This is due to its versatile, heat-treatable, highly formable, weldable, high strength and excellent corrosion resistance nature. These properties increase the application of aluminium-extruded products in architectural and structural purposes. Extrusion products from the 6000 series are the first choice for infrastructural and architectural applications.
Based on the region, in 2020, the Asia-Pacific region accounted for the largest share of 50.58% in the aluminium-extruded products market owing to well-established automobile and construction industries in this region which generates lucrative growth opportunities for the aluminium-extruded products market. The rapidly increasing infrastructure activities in the region is expected to contribute to the growth of the manufacturing industry, thereby creating more demand for aluminium-extruded products in the upcoming years.
Some of the major players operating in the Global Aluminium-Extruded Products Market are United Company RUSAL, Alcoa Corporation, Aluminium Corporation of China Limited, Rio Tinto, Hindalco Industries Limited, Norsk Hydro ASA, Century Aluminum Company, Aluminium Bahrain B.S.C, Constellium SE among others.
Years Considered for this Report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
The objective of the Study:
- To analyze the historical growth in the market size of the Global Aluminium-Extruded Products Market from 2016 to 2020.
- To estimate and forecast the market size of the Global Aluminium-Extruded Products Market from 2021 to 2026 and the growth rate until 2026.
- To understand the regional market structure of the Global Aluminium-Extruded Products Market, which is segmented into four regions, namely – North America, Europe, Asia- Pacific, Middle East & Africa and South America.
- To identify detailed information about the prime factors affecting the Global Aluminium-Extruded Products Market
- To evaluate competitive pricing, average market selling prices and margins in the Global Aluminium-Extruded Products Market.
- To examine competitive developments such as new entrants, government policy and investments in Global Aluminium-Extruded Products Market.
- To strategically profile the leading players in the Global Aluminium-Extruded Products Market.
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To analyze and forecast Global Aluminium-Extruded Products Market, both top-down and bottom-up approaches have been used. Multiple employees from leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in the Global Aluminium-Extruded Products Market was also undertaken. To extract data, primary surveys were conducted with key players and stakeholders in the industry and the future of major players was studied.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Manufacturers of aluminium-extruded products
- Raw materials suppliers and manufacturers
- Research organizations and consulting companies
- Traders, distributors, and suppliers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Aluminium-Extruded Products companies, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
Report Scope:
In this report, Global Aluminium-Extruded Products Market has been segmented into the following categories in addition to the industry trends which have also been listed below:
- Global Aluminium-Extruded Products Market, By Product Type:
-
- Mill-Finished
- Anodized
- Powder-Coated
- Global Aluminium-Extruded Products Market, By End-Use Industry:
o Building & Construction
o Automotive & Transportation
o Electrical & Electronics
o Consumer Durables
o Others
- Global Aluminium-Extruded Products Market, By Alloy Type:
o 1000 Series
o 2000 Series
o 3000 Series
o 5000 Series
o 6000 Series
o 7000 Series
- Global Aluminium-Extruded Products Market, By Shape:
o Composite Shapes
o Rods & Bars
o Pipes & Tubes
- Global Aluminium-Extruded Products Market, By Region:
o Asia-Pacific
o Europe
o North America
o Middle East & Africa
o South America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Aluminium-Extruded Products Market.
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Table of Content
1. Product Overview
- Research Methodology
- Executive Summary
- Impact of COVID-19 on the Global Aluminium-Extruded Products Market
- Voice of Customer
5.1. Brand Awareness & Brand Recall
5.2. Factors Considered While Selecting a Supplier
5.3. Satisfaction Level
5.4. Major Challenges Faced Post Purchase
- Global Aluminium-Extruded Products Market Outlook
6.1. Market Size & Forecast
6.1.1.By Value & Volume
6.2. Market Share & Forecast
6.2.1.By Product Type (Mill-Finished, Anodized and Powder-Coated)
6.2.2.By End-Use Industry (Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others)
6.2.3.By Alloy Type (1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series)
6.2.4.By Shape (Composite Shapes, Rods & Bars and Pipes & Tubes)
6.2.5.By Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America)
6.2.6.By Company (2020)
6.3. Market Map (By Product Type, By End-Use Industry, By Alloy Type and By Region)
- Asia-Pacific Aluminium-Extruded Products Market Outlook
7.1. Market Size & Forecast
7.1.1.By Value & Volume
7.2. Market Share & Forecast
7.2.1.By Product Type
7.2.2.By End-Use Industry
7.2.3.By Alloy Type
7.2.4.By Shape
7.2.5.By Country
7.3. Asia-Pacific: Country Analysis
7.3.1.China Aluminium-Extruded Products Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type
7.3.1.2.2. By End-Use Industry
7.3.1.2.3. By Alloy Type
7.3.2.Japan Aluminium-Extruded Products Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type
7.3.2.2.2. By End-Use Industry
7.3.2.2.3. By Alloy Type
7.3.3.India Aluminium-Extruded Products Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type
7.3.3.2.2. By End-Use Industry
7.3.3.2.3. By Alloy Type
7.3.4.South Korea Aluminium-Extruded Products Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Product Type
7.3.4.2.2. By End-Use Industry
7.3.4.2.3. By Alloy Type
7.3.5.Australia Aluminium-Extruded Products Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Product Type
7.3.5.2.2. By End-Use Industry
7.3.5.2.3. By Alloy Type
7.3.6.Singapore Aluminium-Extruded Products Market Outlook
7.3.6.1. Market Size & Forecast
7.3.6.1.1. By Value
7.3.6.2. Market Share & Forecast
7.3.6.2.1. By Product Type
7.3.6.2.2. By End-Use Industry
7.3.6.2.3. By Alloy Type
7.3.7.Malaysia Aluminium-Extruded Products Market Outlook
7.3.7.1. Market Size & Forecast
7.3.7.1.1. By Value
7.3.7.2. Market Share & Forecast
7.3.7.2.1. By Product Type
7.3.7.2.2. By End-Use Industry
7.3.7.2.3. By Alloy Type
- Europe Aluminium-Extruded Products Market Outlook
8.1. Market Size & Forecast
8.1.1.By Value & Volume
8.2. Market Share & Forecast
8.2.1.By Product Type
8.2.2.By End-Use Industry
8.2.3.By Alloy Type
8.2.4.By Shape
8.2.5.By Country
8.3. Europe: Country Analysis
8.3.1.Germany Aluminium-Extruded Products Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product Type
8.3.1.2.2. By End-Use Industry
8.3.1.2.3. By Alloy Type
8.3.2.France Aluminium-Extruded Products Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type
8.3.2.2.2. By End-Use Industry
8.3.2.2.3. By Alloy Type
8.3.3.United Kingdom Aluminium-Extruded Products Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type
8.3.3.2.2. By End-Use Industry
8.3.3.2.3. By Alloy Type
8.3.4.Russia Aluminium-Extruded Products Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Product Type
8.3.4.2.2. By End-Use Industry
8.3.4.2.3. By Alloy Type
8.3.5.Italy Aluminium-Extruded Products Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Product Type
8.3.5.2.2. By End-Use Industry
8.3.5.2.3. By Alloy Type
8.3.6.Spain Aluminium-Extruded Products Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Product Type
8.3.6.2.2. By End-Use Industry
8.3.6.2.3. By Alloy Type
8.3.7.Netherlands Aluminium-Extruded Products Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Product Type
8.3.7.2.2. By End-Use Industry
8.3.7.2.3. By Alloy Type
