Global Aluminum Extrusion Market Expected to Reach USD 185.2 Billion by 2033 | IMARC Group

November 07, 2024 | Chemical & Materials

Global Aluminum Extrusion Market Statistics, Outlook and Regional Analysis 2025-2033

The global aluminum extrusion market size was valued at USD 97.4 Billion in 2024, and it is expected to reach USD 185.2 Billion by 2033, exhibiting a growth rate (CAGR) of 7.4% during 2025 to 2033.

Aluminum Extrusion Market

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Aluminum companies are increasingly focused on high-performance billets to enable quicker and more efficient extrusion operations. This development reflects expanding demand for increased productivity and precision in downstream applications, with businesses improving billet design and composition to fulfill the demands of global manufacturers seeking improved quality and operational efficiency. For example, in December 2021, Vedanta Aluminium Business, India’s largest producer of aluminum and value-added products, launched high-speed billets for the global extrusion industry at a virtual event with participants from the downstream and extrusion industries.

Aluminum extrusion firms prioritize sustainability by integrating closed-loop recycling and local sourcing. This change intends to minimize emissions and lessen the carbon footprint, in line with environmental goals. The emphasis on eco-friendly products and ethical sourcing indicates the industry's dedication to greener practices while also appealing to environmentally conscious consumers. For example, according to a recent study, over 35% of aluminum used in extrusions in the Asia Pacific region now comes from recycled sources. Additionally, China and India are pushing this change by considerably increasing the usage of closed-loop recycling systems to satisfy carbon reduction objectives, with China seeking to cut carbon emissions from aluminum production by 40% by 2035. For instance, in July 2024, window, door, and curtain walling designer and manufacturer Senior Architectural Systems announced its plan to reduce the carbon footprint generated through the transportation of its products by using UK-sourced closed-loop recycled aluminum. Furthermore, recycling firms are venturing into aluminum extrusion to address increased demand for sustainable materials, particularly in solar energy and building. This trend represents a shift toward sustainable production, as firms look for environmentally suitable materials for more ecologically friendly infrastructure construction. For example, New Delhi-based Nupur Recyclers Ltd (NRL) announced plans in October 2024 to expand into aluminum extrusion manufacturing through its new subsidiary, Nupur Expression. The company intends to invest over USD 2.1 Million in building a dedicated mill to meet the rising demand for sustainable materials in the solar energy and construction sectors.

Global Aluminum Extrusion Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. According to the report, Asia Pacific accounted for the largest market share due to the elevating efforts for lightweight and fuel-efficient automobiles to fulfill more rigorous environmental standards.

Asia Pacific Aluminum Extrusion Market Trends:

The Asia Pacific region is an industrial and technological powerhouse, both of which rely heavily on aluminum extrusions. Its demand for extruded aluminum is boosted by the variety of applications, which include consumer electronics, equipment, and aircraft. For example, in January 2024, Jindal Aluminium, India’s largest aluminum extrusion company, launched a new fabrication division. Powered by tools developed in-house, the new segment is another value-added offering after the company’s launch of an environment-friendly powder coating unit.

Europe Aluminum Extrusion Market Trends:

The automobile industry's transition to electric cars is propelling the demand for lightweight aluminum components in Europe. BMW and other automakers use extruded aluminum for EV chassis and battery housings to reduce vehicle weight, comply with EU pollution rules, and improve energy efficiency.

North America Aluminum Extrusion Market Trends:

The requirement for aluminum extrusions is driven by the rise of North America's construction sector, notably residential buildings. Builders in the U.S. are increasingly using aluminum window frames and structural components due to their longevity and minimal maintenance requirements, with businesses such as Hydro boosting production to satisfy the region's building demand.

Middle East and Africa Aluminum Extrusion Market Trends:

Infrastructure development and urbanization are driving the necessity for aluminum in large-scale projects in the Middle East and Africa. Saudi Arabia's NEOM project incorporates aluminum extrusions into architectural structures, favoring lightweight and durable materials suited for the harsh environment, aligning with the country's Vision 2030 aims.

Latin America Aluminum Extrusion Market Trends:

In Latin America, aluminum extrusions have a significant demand due to industrial expansion, notably in manufacturing and transportation. Aluminum extrusions are used in Brazil's rising manufacturing sector for machine components and transportation equipment, with local businesses increasing output to support industrial expansion and regional exports.

Top Companies Leading in the Aluminum Extrusion Industry

Some of the leading aluminum extrusion market companies have been mentioned in the report.

Global Aluminum Extrusion Market Segmentation Coverage

  • On the basis of the product type, the market has been bifurcated into mill finished, anodized, and powder coated, wherein mill finished represents the most preferred segment. Mill finished extrusions are aluminum profiles that have been extruded and are ready for use or additional processing. These profiles have not been anodized, painted, or coated and often have a flat surface with prominent production lines.
  • Based on the alloy type, the market is categorized into 1000 series aluminum alloy, 2000 series aluminum alloy, 3000 series aluminum alloy, 5000 series aluminum alloy, 6000 series aluminum alloy, and 7000 series aluminum alloy, amongst which 6000 series aluminum alloy dominates the market. The 6000 series aluminum alloys, which are largely made of aluminum, magnesium, and silicon, are well-known for their flexibility, combining a number of advantageous properties such as high strength, outstanding corrosion resistance, and great machinability.
  • On the basis of the end-use industry, the market has been divided into building and construction, transportation, machinery and equipment, consumer durables, electrical, and others. Among these, building and construction exhibit a clear dominance in the market. Aluminum extrusions are valued by the building and construction industries because of their versatility and aesthetic appeal. Extrusion technology advancements have made it possible to create increasingly elaborate and complicated patterns, enhancing architectural possibilities.

 

Report Features Details
Market Size in 2024 USD 97.4 Billion
Market Forecast in 2033 USD 185.2 Billion
Market Growth Rate 2025-2033 7.4%
Units Billion USD, Million Metric Tons
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Product Type
  • Alloy Type
  • End-Use Industry
  • Region 
Product Types Covered Mill Finished, Anodized, Powder Coated
Alloy Types Covered 1000 Series Aluminum Alloy, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloys, 7000 Series Aluminum Alloy
End-Use Industries Covered Building and Construction, Transportation, Machinery and Equipment, Consumer Durables, Electrical, Others
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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