Aluminum Extrusion Global Market Report 2024

The aluminum extrusion market size has grown steadily in recent years. It will grow from $89.37 billion in 2023 to $93.67 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The expansion observed in the historical period can be ascribed to the burgeoning growth of emerging markets, a heightened demand for aluminum within the construction sector, and an increased need for extruded products characterized by both lightweight properties and durability.

The aluminum extrusion market size is expected to see steady growth in the next few years. It will grow to $113.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. Anticipated growth in the forecast period is driven by government support, global population growth, urbanization, demand for aluminum in automotive and packaging, and notable trends such as artificial intelligence integration, strategic partnerships, product innovation, and new plant expansions.

The surge in the construction of environmentally sustainable structures, known as green buildings, stands out as a pivotal factor propelling market growth. These structures prioritize environmental sustainability, energy efficiency, and minimal carbon emissions. Aluminium plays a pivotal role in advancing the green construction movement, leveraging its unparalleled characteristics. Notably strong, durable, recyclable, corrosion-resistant, lightweight, and malleable, aluminium emerges as an ideal choice for sustainable architecture. In 2021, India secured the third position in Leadership in Energy and Environmental Design (LEED) rankings by the U.S. Green Building Council (USGBC), boasting 146 LEED-certified buildings and spaces, covering approximately 2.8 million gross area square meters (GSM). This represents an impressive nearly 10% surge in LEED-certified space in India compared to 2020. Consequently, the escalating construction of green buildings is anticipated to drive the demand for aluminium extrusions.

Prospects for the aluminium extrusion market are poised for growth, buoyed by government support initiatives. Governments worldwide are endorsing the manufacturing sector, encouraging the development of innovative solutions to better serve various industries. An illustrative instance is the UK government's announcement in March 2022 regarding the partial removal of US Section 232 tariffs on steel and aluminium. This decision was made in recognition of the tariffs conflicting with World Trade Organization (WTO) rules. The UK government intends to monitor the suspension in light of any developments that could impact UK exports under the U.S. Section 232 steel and aluminium measures. Additionally, in January 2022, collaborative efforts between the US Departments of Commerce and Trade and the UK government aimed at promoting domestic aluminium production and reducing the UK's dependence on China for aluminium imports. Both parties are committed to swiftly achieving outcomes that safeguard the viability of steel and aluminium industries in their respective markets, addressing the shared challenge of global excess capacity and reinforcing their democratic alliance. Consequently, ongoing government support is anticipated to be a driving force behind the growth of the aluminium extrusion market.

Companies within the aluminum extrusion market are increasingly leveraging artificial intelligence (AI) to optimize the extrusion process, resulting in reduced material wastage and improved product quality. The application of AI is instrumental in identifying potential flaws in extruded components, thereby minimizing the need for manual inspections and enhancing overall quality control. A notable illustration occurred in April 2023 when ASCONA, a German company specializing in optical profile measuring systems for the aluminum, plastics, and rubber industry, collaborated with D-CUBE, a technology company based in Greece. Together, they introduced a comprehensive solution for real-time surface inspection of aluminum profiles known as Promex CYRUS. This AI-driven system detects various surface defects, providing meaningful warning messages regardless of the shape, number, or size of the extruded profile strands. Promex CYRUS is a cloud-based solution that consolidates surface inspection data from one or more extrusion lines, offering multiple benefits for departments such as plant management, quality assurance, extrusion management, maintenance management, and technology management.

Noteworthy efforts in the aluminum extrusion market involve a strategic focus on product innovations and the development of new solutions to fortify market positioning. An instance of this proactive approach occurred in November 2022 when Stormtech, an Australian designer and manufacturer of architectural drainage systems, unveiled an aluminum grate drainage solution. Crafted and produced in Australia using locally sourced components, this anodized aluminum drainage system features a distinctive wave pattern. Similarly, in October 2022, Hindalco Industries, an Indian company specializing in aluminum and copper manufacturing, introduced India's inaugural all-aluminum freight rail wagons. Constructed from high-strength aluminum alloy plates and extrusions, these new-generation wagons weigh 180 tons less than their existing steel counterparts. The aluminum wagons are expected to consume less energy, demonstrate corrosion resistance, and be recyclable at the end of their operational life, marking a significant advancement in the industry.

In December 2022, Norsk Hydro ASA, a Norwegian aluminum and renewable energy company, successfully acquired the Hueck building systems and extrusion business for an undisclosed sum. This strategic move enhances Hydro's market presence in Germany and other European markets, providing a robust platform for future growth in the Extrusions and Building Systems sector. Hueck Gmbh & Co. Kg, the acquired entity, is a reputable manufacturer and supplier of aluminum profile systems catering to windows, doors, and facade applications.

Major companies operating in the aluminum extrusion market report are Norsk Hydro ASA, UACJ Corporation, Constellium N. V., Kaiser Aluminum, Hindalco Industries Ltd., Tredegar Corp. (Bonnell Aluminum, Co., Ltd.), Arconic Corporation, Jindal Aluminium Limited, Gulf Extrusion Co LLC, QALEX, M/s. Century Extrusions Ltd., MYCO INDUSTRIES (MIDC), San Internationl, GS Machining HK Co., Limited, Soil Metal Products Co.,Ltd., Liaoning Zhongwang Group Co, Donghe International Co., Ltd., Dragon Ltd., ADD Associates Ltd., Branton Engineering Ltd., Scrap Merchant Supplier UK Ltd., William Burton, Metals4u Limited, Alubin Limited, RIAK, BK-ALPROF, RUSAL, LLC, BRT Extrusions, Inc., Momentum Manufacturing Group (MMG), Richardson Metals, Inc, Western Extrusions Corp., PSI Industries, Inc., Hydro Extrusion, Prolind Industrial Ltda, Benetec, Xtral Tecnologia Em Aluminio, Asa Alumínio, Extrusora Argentina, Emirates Extrusion Factory LLC, Cephe Sistemleri, New African Engineering Services, Hulett Metals


Asia-Pacific was the largest region in the aluminium extrusion market in 2023. The regions covered in the aluminum extrusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aluminum extrusion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of aluminum extrusion include mill finished, anodized, and powder coated. Mill-finished aluminum extrusions exhibit a natural finish as they emerge from the extruder die. When exposed to air and moisture, the mill finish undergoes oxidation, forming a light white powder known as aluminum oxide. Aluminum extrusions encompass various alloy types, such as the 1000 series, 2000 series, 3000 series, 4000 series, 5000 series, 6000 series, and 7000 series. These alloys find extensive applications in diverse industries such as building and construction, transportation, machinery and equipment, consumer durables, electrical, and other sectors.

The aluminium extrusion market research report is one of a series of new reports that provides aluminium extrusion market statistics, including aluminium extrusion industry global market size, regional shares, competitors with an aluminium extrusion market share, detailed aluminium extrusion market segments, market trends and opportunities, and any further data you may need to thrive in the aluminium extrusion industry. This aluminium extrusion market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The aluminium extrusion market includes revenues earned by entities by transform aluminium alloy into objects for a wide range of uses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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