Aluminium Extrusion Market

Increasing demand from end-use industries driving the global market

Large scale use of extruded aluminum products in a number of industries is impacting the growth of the aluminum extrusion market on a global level. Aluminum extrusion is the process of melting and transforming aluminum alloy into objects with definitive cross-sectional profiles for a number of industrial as well as domestic uses. For example, extruded aluminum products such as bars, beams, rods, and angles are widely used in the building & construction industry, the electrical industry for transmission and distribution of electricity, and the automotive industry, among others. In addition, the advantageous properties of aluminum like malleability, conductivity, and features like a low price, lightweight, recyclability, and availability of a number of alloys are further assisting the high demand for extruded aluminum products across the world.

Furthermore, industrial development in the Asia Pacific region coupled with rapid urbanization throughout the world has a high requirement for extruded aluminum. In addition, due to the low price of aluminum than steel, there is a growing demand for extruded aluminum, replacing conventional steel with aluminum. This trend could impact the market in the long run.

Moreover, technological development in the extrusion process of aluminum is expected to increase the demand for aluminum further. For instance, in June 2019, Pacific Northwest National Laboratory demonstrated the advanced extrusion process that can produce high-performance, high-ductile al-alloy products in a single stage, thereby; eliminating the several stages required in the conventional process. The aluminum extruded from this process can be used in the automobile industry, where high-strength aluminum alloys used to be avoided due to the high cost incurred. In 2018, the global aluminum extrusion market accounted for US$ 75.1 Bn and was estimated to grow with a CAGR of 5.1% during the forecast period.

Market Snapshot

New trend of light & swift electric cars is driving the automotive segment at the fastest pace.

Aluminum extrusion is widely used in the building & construction industry owing to its high strength-to-weight ratio, making it the most cost-effective to manufacture, deliver and install compared to steel. Additionally, modern buildings with sustainable features have a high demand for extruded aluminum for energy-efficient buildings.

Moreover, with the revolution of electric & hybrid cars, manufacturers are opting for material that reduces vehicle weight, thereby increasing mileage and performance of the vehicle with less emission. Aluminum extrusion is the best material source available on a global scale with top-quality products. Germany is one of the leading importers of aluminum extrusion, accounting for over one million tons per year. Most of the imported material demand is from the automotive industry.

Regional Analysis

Asia Pacific remains the largest market.

The Asia Pacific dominated the global market with a global share of around 60% in 2018. The growing requirement of extruded aluminum for infrastructure development in the developing regional countries such as China, India, and ASEAN countries has contributed majorly to the share. Further, the emerging automotive market of electric, hybrid, and battery-powered vehicles in China has positively impacted the market growth in the region. Along with it, top aluminum extrusion companies located in the region, including CHINA ZHONGWANG HOLDINGS LIMITED, Hindalco-Novelis, Jindal Aluminium Limited, and TALCO ALUMINIUM COMPANY, have further affected the market growth in the region. In addition, the solar energy market in China is booming rapidly. According to the World Economic Forum, China is expected to likely propel market growth over the coming years, accounting for nearly 40% of the world’s solar panels by 2022.

Furthermore, in Europe, Germany has the highest demand for extruded aluminum, owing to the strong presence of the automotive industry. Whereas demand in the North American region is driven by the building & construction industry.

Emerging partnership trend is keeping the market competitive.

The overall aluminum extrusion market is fragmented, and market players are focusing on partnerships and acquisitions with other players to boost their market position. Following is the list of companies covered in this report.

List of Companies Covered:

• Norsk Hydro ASA
• CHINA ZHONGWANG HOLDINGS LIMITED
• Hindalco-Novelis
• Arconic
• Constellium
• Jindal Aluminium Limited
• Alcoa Corporation
• TALCO ALUMINIUM COMPANY
• ALEX
• Balco
• Bonnell Aluminum
• Global Aluminium Pvt. Ltd.
• Others

Key Industry Development: 

• In February 2020, Norsk Hydro ASA announced that its 15 aluminum production sites in Europe were certified with Aluminium Stewardship Initiative (ASI) Performance Standard. With this certification, the company is nearing the goal of all its aluminum extrusion operations being certified with ASI. It recognizes the company as responsible for aluminum’s production, sourcing, and stewardship. This will impact the customers who prefer sustainable materials from certified suppliers.
• In September 2017, China Zhongwang Holdings Limited acquired the controlling stakes in the Aluminiumwerk Unna AG, a German high-end aluminum extrusion provider to aircraft manufacturers. This acquisition enhances the company’s competitiveness and also optimizes its product mix.
• In August 2017, China Zhongwang Holdings Limited announced that it was part of supplying aluminum extrusion products for the Renaissance, a Chinese bullet train. With this launch of a bullet train, the company has expanded its market reach.

Historical & Forecast Period

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Segmentation Product Type Segment (2017-2027; US$ Bn)

• Powder-coated
• Mill-finished
• Anodized

 Profile Type Segment (2017-2027; US$ Bn)

• Shapes
• Rods & Bars
• Pipes & Tubes
• Others

 Alloy Type Segment (2017-2027; US$ Bn)

• 1000 Series
• 2000 Series
• 3000 Series
• 5000 Series
• 6000 Series
• 7000 Series

 End-use Segment (2017-2027; US$ Bn)

• Building & Construction
• Transmission & Distribution
• Automobile
• Electrical & Electronics
• Aerospace & Defense
• Others (Solar Panels, Medical, Packaging, etc.)

 Geography Segment (2017-2027; US$ Bn)

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (Japan, China, India, Rest of APAC)
• Rest of the World (the Middle East & Africa, Latin America)

The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to better understand the global aluminum extrusion market. In addition, the global report also comprises a graphical representation of a competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

Unique data points of this report

• Recent trends across different regions in terms of development of the aluminum extrusion market
• Attractive investment proposition for application segment as well as geography

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Aluminium Extrusion (AE) Market
2.2. Global AE Market, by Product Type, 2018 (US$ Bn)
2.3. Global AE Market, by Profile Type, 2018 (US$ Bn)
2.4. Global AE Market, by Alloy Type, 2018 (US$ Bn)
2.5. Global AE Market, by End-use, 2018 (US$ Bn)
2.6. Global AE Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global AE Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Aluminium Extrusion (AE) Market, by Product Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Powder-coated
4.3. Mill-finished
4.4. Anodized

5. Global Aluminium Extrusion (AE) Market, by Profile Type, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Shapes
5.3. Rods & Bars
5.4. Pipes & Tubes
5.5. Others

6. Global Aluminium Extrusion (AE) Market, by Alloy Type, 2017 – 2027 (US$ Bn)
6.1. Overview
6.2. 1000 Series
6.3. 2000 Series
6.4. 3000 Series
6.5. 5000 Series
6.6. 6000 Series
6.7. 7000 Series

7. Global Aluminium Extrusion (AE) Market, by End-use, 2017 – 2027 (US$ Bn)
7.1. Overview
7.2. Building & Construction
7.3. Transmission & Distribution
7.4. Automobile
7.5. Electrical & Electronics
7.6. Aerospace & Defense
7.7. Others

8. North America Aluminium Extrusion (AE) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. North America AE Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. North America AE Market Value, By Product Type, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America AE Market Value, By Profile Type, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America AE Market Value, By Alloy Type, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America AE Market Value, By End-use, 2017 – 2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Aluminium Extrusion (AE) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Europe AE Market Value and Growth, 2017 – 2027, (US$ Bn)
9.2. Europe AE Market Value, By Product Type, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe AE Market Value, By Profile Type, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe AE Market Value, By Alloy Type, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe AE Market Value, By End-use, 2017 – 2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Aluminium Extrusion (AE) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific AE Market Value and Growth, 2017 – 2027, (US$ Bn)
10.2. Asia Pacific AE Market Value, By Product Type, 2017 – 2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific AE Market Value, By Profile Type, 2017 – 2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific AE Market Value, By Alloy Type, 2017 – 2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific AE Market Value, By End-use 2017 – 2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific AE Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Aluminium Extrusion (AE) Market Analysis, 2017 – 2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World AE Market Value and Growth, 2017 – 2027, (US$ Bn)
11.2. Rest of the World AE Market Value, By Product Type, 2017 – 2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World AE Market Value, By Profile Type, 2017 – 2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World AE Market Value, By Alloy Type, 2017 – 2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World AE Market Value, By End-use, 2017 – 2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World AE Market Value, By Region, 2017 – 2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. Norsk Hydro ASA
12.2. CHINA ZHONGWANG HOLDINGS LIMITED
12.3. Hindalco-Novelis
12.4. Arconic
12.5. Constellium
12.6. Jindal Aluminium Limited
12.7. Alcoa Corporation
12.8. TALCO ALUMINIUM COMPANY
12.9. QALEX
12.10. Balexco
12.11. Bonnell Aluminum
12.12. Global Aluminium Pvt. Ltd.

List of Figures

FIG. 1 Global Aluminium Extrusion (AE) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global AE Market Segmentation
FIG. 4 Global AE Market, by Product Type, 2018, (US$ Bn)
FIG. 5 Global AE Market, by Profile Type, 2018, (US$ Bn)
FIG. 6 Global AE Market, by Alloy Type, 2018, (US$ Bn
FIG. 7 Global AE Market, by End-use, 2018, (US$ Bn)
FIG. 8 Global AE Market, by Geography, 2018 (US$ Bn)
FIG. 9 Global AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 10 Attractive Investment Proposition, by Geography, 2018
FIG. 11 Global Market Positioning of Key AE Manufacturers, 2018
FIG. 12 Global AE Market Value Share, by Product Type, 2018 & 2027 (Value %)
FIG. 13 Global AE Market Value for Powder-coated, 2017 – 2027, (US$ Bn)
FIG. 14 Global AE Market Value for Mill-finished, 2017 – 2027, (US$ Bn)
FIG. 15 Global AE Market Value for Anodized, 2017 – 2027, (US$ Bn)
FIG. 16 Global AE Market Value Share by Profile Type, 2018 & 2027 (Value %)
FIG. 17 Global AE Market Value for Shapes, 2017 – 2027, (US$ Bn)
FIG. 18 Global AE Market Value for Rods & Bars, 2017 – 2027, (US$ Bn)
FIG. 19 Global AE Market Value for Pipes & Tubes, 2017 – 2027, (US$ Bn)
FIG. 20 Global AE Market Value for Others, 2017 – 2027, (US$ Bn)
FIG. 21 Global AE Market Value Share by Alloy Type, 2018 & 2027 (Value %)
FIG. 22 Global AE Market Value for 1000 Series, 2017 – 2027, (US$ Bn)
FIG. 23 Global AE Market Value for 2000 Series, 2017 – 2027, (US$ Bn)
FIG. 24 Global AE Market Value for 3000 Series, 2017 – 2027, (US$ Bn)
FIG. 25 Global AE Market Value for 5000 Series, 2017 – 2027, (US$ Bn)
FIG. 26 Global AE Market Value for 6000 Series, 2017 – 2027, (US$ Bn)
FIG. 27 Global AE Market Value for 7000 Series, 2017 – 2027, (US$ Bn)
FIG. 21 Global AE Market Value Share by End-use, 2018 & 2027 (Value %)
FIG. 22 Global AE Market Value for Building & Construction, 2017 – 2027, (US$ Bn)
FIG. 23 Global AE Market Value for Transmission & Distribution, 2017 – 2027, (US$ Bn)
FIG. 24 Global AE Market Value for Automobile, 2017 – 2027, (US$ Bn)
FIG. 25 Global AE Market Value for Electrical & Electronics, 2017 – 2027, (US$ Bn)
FIG. 26 Global AE Market Value for Aerospace & Defense, 2017 – 2027, (US$ Bn)
FIG. 27 Global AE Market Value for Others, 2017 – 2027, (US$ Bn)
FIG. 28 North America AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 Europe AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 30 Asia Pacific AE Market Value, 2017 – 2027, (US$ Bn)
FIG. 31 Rest of the World AE Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Aluminium Extrusion (AE) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global AE Market, by Product Type, 2017-2027, (US$ Bn)
TABLE 5 Global AE Market, by Profile Type, 2017 – 2027, (US$ Bn)
TABLE 6 Global AE Market, by Alloy Type, 2017 – 2027, (US$ Bn)
TABLE 7 Global AE Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 8 Global AE Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 9 North America AE Market, by Product Type, 2017-2027, (US$ Bn)
TABLE 10 North America AE Market, by Profile Type, 2017 – 2027, (US$ Bn)
TABLE 11 North America AE Market, by Alloy Type, 2017 – 2027, (US$ Bn)
TABLE 12 North America AE Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 13 North America AE Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 14 Europe AE Market, by Product Type, 2017-2027, (US$ Bn)
TABLE 15 Europe AE Market, by Profile Type, 2017 – 2027, (US$ Bn)
TABLE 16 Europe AE Market, by Alloy Type, 2017 – 2027, (US$ Bn)
TABLE 17 Europe AE Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 18 Europe AE Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 19 Asia Pacific AE Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 20 Asia Pacific AE Market, by Profile Type, 2017 – 2027 (US$ Bn)
TABLE 21 Asia Pacific AE Market, by Alloy Type, 2017 – 2027 (US$ Bn)
TABLE 22 Asia Pacific AE Market, by End-use, 2017 – 2027 (US$ Bn)
TABLE 23 Asia Pacific AE Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 24 Rest of the World AE Market, by Product Type, 2017 – 2027, (US$ Bn)
TABLE 25 Rest of the World AE Market, by Profile Type, 2017 – 2027, (US$ Bn)
TABLE 26 Rest of the World AE Market, by Alloy Type, 2017 – 2027, (US$ Bn)
TABLE 27 Rest of the World AE Market, by End-use, 2017 – 2027, (US$ Bn)
TABLE 28 Rest of the World AE Market Value, by Region, 2017 – 2027, (US$ Bn)
TABLE 29 Norsk Hydro ASA: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 CHINA ZHONGWANG HOLDINGS LIMITED: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Arconic: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 Constellium: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 Hindalco-Novelis: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 34 Jindal Aluminium Limited: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 35 Alcoa Corporation: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 36 TALCO ALUMINIUM COMPANY: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 37 QALEX: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 38 Balexco: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 39 Bonnell Aluminum: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 40 Global Aluminium Pvt. Ltd.: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)