Aluminum Extrusion Trends and Forecast
The future of the global aluminum extrusion market looks promising with opportunities in the building & construction, automotive & transportation, consumer good, and electrical & energy markets. The global aluminum extrusion market is expected to grow with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are growing emphasis of original equipment manufacturers (OEMs) on enhancing fuel efficiency has led to a rise in the aluminum content in vehicles and increasing concern towards carbon emissions emitted from various industries.A more than 150-page report is developed to help in your business decisions.
Aluminum Extrusion by Segment
The study includes a forecast for the global aluminum extrusion by type, application, and region.Aluminum Extrusion Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Shapes
- Rods & Bars
- Pipes & Tubes
Aluminum Extrusion Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Building & Construction
- Automotive & Transportation
- Consumer Goods
- Electrical & Energy
- Others
Aluminum Extrusion Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Aluminum Extrusion Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aluminum extrusion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aluminum extrusion companies profiled in this report include:- Hindalco Industries
- Arconic
- Norsk Hydro
- Constellium
- Kaiser Aluminum
Aluminum Extrusion Market Insights
The publisher forecasts that shape will remain the largest segment over the forecast period due to its growing application in various automotive components, such as transmission housings, chassis, panels, engine blocks, and roof rails.Within this market, building & construction will remain the largest segment due to increasing investment in the new housing development.
APAC will remain the largest region over the forecast period due to existence of significant manufacturing sectors.
Features of the Global Aluminum Extrusion Market
- Market Size Estimates: Aluminum extrusion market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Aluminum extrusion market size by type, application, and region in terms of value ($B).
- Regional Analysis: Aluminum extrusion market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the aluminum extrusion market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aluminum extrusion market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for aluminum extrusion market?Answer: The global aluminum extrusion market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the aluminum extrusion market?
Answer: The major drivers for this market are growing emphasis of original equipment manufacturers (OEMs) on enhancing fuel efficiency has led to a rise in the aluminum content in vehicles and increasing concern towards carbon emissions emitted from various industries.
Q3. What are the major segments for aluminum extrusion market?
Answer: The future of the aluminum extrusion market looks promising with opportunities in the building & construction, automotive & transportation, consumer good, and electrical & energy markets.
Q4. Who are the key aluminum extrusion market companies?
Answer: Some of the key aluminum extrusion companies are as follows:
- Hindalco Industries
- Arconic
- Norsk Hydro
- Constellium
- Kaiser Aluminum
Answer: The publisher forecasts that shape will remain the largest segment over the forecast period due to its growing application in various automotive components, such as transmission housings, chassis, panels, engine blocks, and roof rails.
Q6. In aluminum extrusion market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to existence of significant manufacturing sectors.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aluminum extrusion market by type (shapes, rods & bars, and pipes & tubes), application (building & construction, automotive & transportation, consumer goods, electrical & energy, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Aluminum Extrusion Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Hindalco Industries
- Arconic
- Norsk Hydro
- Constellium
- Kaiser Aluminum
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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