The increased utilization of aluminum content in the transportation and automotive industry for electrical vehicles and internal combustion is a leading factor for expansion of the aluminum extrusion market. With aluminum showing excellent malleability, shapes are easily produced with the extrusion process. The aluminum billets undergoes a process of heating and hydraulic press at high pressure on steel dies. This process results in shaping dies that are used in the automotive and transportation industry. Roof rails, chassis, transmission housings, panels, and engines blocks for boats, cars, railways, and trucks are some other usages. Aluminum extrusions are extensively applied in fuel distribution pipes, cross rails, radiator beams, anti-intrusion beams, longitudinal beams, engine mount, seat tracks, roof rails, tailgate frames, and underbody space frame rockers. Moreover, the increased production of consumer goods is also boosting the aluminum extrusions market for sporting and athletic goods, furniture, refrigerators and freezers, and toys.

The aluminum extrusion is supposed to be used in building integrated photovoltaic with the help of government initiatives. The infrastructural growth (residential and commercial) and manufacturing growth (power generation units, air conditioning systems, and distribution equipment) are contributing to market growth. The changing lifestyle and growing per capita sales of products are influencing the aluminum extrusion market. This metal is recyclable and does not cause any environmental hazards.

Aluminum extrusion is a technique used to transform aluminum alloys into objects with a definitive cross-sectional profile for a wide array of applications. The extrusion process produces most of aluminum’s unique combination of physical characteristics. Its malleability allows it to be easily machined and cast. Yet, aluminum is one-third the density and stiffness of steel. Therefore, its products offer strength and stability, particularly when alloyed with other metals. Aluminum extrusions are 100% recyclable and emit no significant hazardous gases during their processing. aluminum extrusion is increasingly replacing steel in automobiles. It is preferred over other metals due to its properties such as lightness of weight and low fuel consumption. Furthermore, aluminum is resistant to corrosion and easily recyclable. This ensures sustainability and durability of vehicles. Therefore, aluminum is widely used in the automobile industry.

Increase in governmental incentives to employ aluminum extrusions in Building Integrated Photovoltaic (BIPVs), which are used in generation of renewable energy, is driving the aluminum extrusion market. Rapid growth in the building & construction industry is one of the major factors propelling the aluminum extrusion market. Rise in demand for infrastructure development, residential, and non-residential projects and rise in manufacturing of power generation & distribution equipment, and air conditioning units are augmenting the aluminum extrusion market. Rise in per capita income and changing lifestyles of the people are also triggering the growth of the aluminum extrusion market.

On the other hand, availability of cheaper substitutes is hampering the aluminum extrusion market.

Based on product type, the aluminum extrusion market can be segmented into mill finished, powder coated, and anodized. The mill finished segment accounts for more than 60% share of the market owing to its rising usage in non-corrosive articles.

In terms of end-use industrial applications, the aluminum extrusion market can be divided into building & construction, machinery & equipment, electrical, consumer durables, and transportation industry. The building & construction segment accounts for more than 60% share of the market owing to the rapid urbanization and industrialization.

Based on geography, the aluminum extrusion market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific constitutes significant share of the aluminum extrusion market owing to the expansion in building & construction industry and shift toward adoption of green buildings in emerging economies such as Japan, China, and India. Europe is following the aluminum extrusion market in Asia Pacific, led by the vast automobile industry base in the region and increase in industrial consumption of extruded aluminum.

Key players operating in the aluminum extrusion market include Aluminium Products Company (ALUPCO), Al-Taiseer Aluminium Factory, Balexco, Hulamin Extrusions, Tajik Aluminum Company (TALCO), YKK Corporation of America, Zahit Aluminum, ALCOA Inc., Constellium, Gulf Extrusions, Hindalco-Novelis, and Hydro Aluminum. 

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Aluminum Extrusion Market