The market recovery of aluminium extrusions post-pandemic has created a buzz around, estimating a usage of 31.8 million tonnes in 2022. Not only so, demand is forecast to grow for half a decade now at about 3.8 per cent per annum to reach 38.4 million tonnes. This fast clip projected growth of aluminium extrusions market has further triggered a sense of interest among the industry leaders and patrons to know more about the future global production, application, investment and innovation of the material.The World of Aluminium Extrusions
Hence, the research team has come up with a new comprehensive report titled “The World of Aluminium Extrusions - an industry analysis with forecasts to 2027,” wherein it has detailed the estimated production capacity and output, usage across regions, applications across end-user sectors and trade dynamics.
The increasing focus towards light-weighting of vehicles and the push towards solar power across the world are estimated to drive the growth of extrusions demand and usage. China is likely to lead the way, accounting for 68 per cent of the world aluminium extrusion usage by 2027, followed by Europe with 10 per cent of the total use.
Among end-use applications, the usage of extrusion in the transportation sector is expected to grow at the highest CAGR of 5.2 per cent per annum during the next five years, while that in the building & construction sector is estimated to post an annual average growth of 3.5 per cent.
Highlighting the types of aluminium alloys and extrusions suitable for each application, the report has mentioned 6xxx series of aluminium alloys are commonly used in architectural, building & construction applications, while 6xxx and 1xxx series of alloys are used for electrical and electronics applications.
In a nutshell, the following points are covered in the “The World of Aluminium Extrusions - an industry analysis with forecasts to 2027”:
1. Aluminium Extrusion Capacity and Production
- World aluminium extrusions capacity and production
- World aluminium extrusions usage across regions
- World aluminium extrusion usage by end-use sectors
- Extrusion process
- Extrusion alloys
- Applications of aluminium
- Industry trends and developments
- Overview
- North America: Aluminium extrusions capacity and production, usage & forecast to 2027
- South America: Aluminium extrusions capacity and production, usage & forecast to 2027
- Europe: Aluminium extrusions capacity and production, usage & forecast to 2027
- China: Aluminium extrusions capacity and production, usage & forecast to 2027
- Rest of Asia Pacific: Aluminium extrusions capacity and production, usage & forecast to 2027
- Middle East & Africa: Aluminium extrusions capacity and production, usage & forecast to 2027
- Overview
- Transportation sector
- Building & construction sector
- Electrical & electronics sector
- Industrial sector
- Consumer durables
- Defence & other applications
- Overview
- Regional trade analysis
