Aluminium Extrusion Industry – Market Size, Growth, Players

Contributed by: Anonymous
September 02, 2021

WHAT IS ALUMINIUM EXTRUSIONAluminium extrusion involves shaping aluminium alloy billet by forcing it through a die. During the extrusion process, a ram pushes the aluminium product through the die shape and it comes out with the same shape of the die. Some of the shapes for aluminium extruded products include multi-void hollows, complex, and customized designs. Aluminium extrusions are widely used in building & construction, automotive & transport, and electrical industries. The aluminium is adequately protected by transparent oxide layer, which covers the surface area.

APPLICATION INDUSTRIES

The building & construction sector accounted for the revenue share of over 60% in 2020. The use of extruded products in construction activities has been greatly influenced by the investment in the housing sector. The largest construction sector, in terms of nominal value, is dominated by China. The country’s drive to invest in new housing development is likely to aid the segment growth over the forecast period. The automotive & transportation sector accounted for the largest volume share in 2020 and is expected to grow at a lucrative CAGR over the forecast period. In vehicles, aluminium extrusions have wide applications in cross rails, anti-intrusion beams, fuel distribution pipes, radiator beams, engine mounts, longitudinal beams, seat tracks, underbody space frame rockers, roof rails, and tailgate frames, among others.

GLOBAL MARKET SIZE AND GROWTH PROJECTIONSThe global aluminium extrusion market was valued at $77.8 billion in 2019, and is projected to reach $118.7 billion by 2027, growing at a CAGR of 5.4% from 2020 to 2027. In terms of volume, the global aluminium extrusion market size reached about 20.3 million metric tons in 2020. The industry is further expected to grow at a CAGR of about 5% between 2021 and 2026 to reach a volume of around 27.2 million metric tons by 2026.

The Asia Pacific represents a significant proportion of the aluminium extrusion market due to the growth of the construction industry and the push toward green building adoption in developing economies, including Japan, China, and India. Europe & North America are also a major region in the aluminium extrusion market driven by the region's large automotive industry base and the growing industrial use of extruded aluminium.

IMPACT OF COVID-19 ON ALUMINIUM EXTRUSIONThe COVID-19 pandemic has created various disruptions in the Aluminium Extrusion Market due to factory shutdowns and trade restrictions owing to lockdowns imposed by various governments across the world. In addition, decreasing consumer demand for automotive and construction during pandemic and the decline in metal production due to a drop in demand and lack of workforce under widespread lockdown has cast a major influence on the market. Regulations on cross-border imports and exports delayed the lead time for replenishment of raw materials, thereby negatively affecting the upstream process.

However, the turnaround can already be seen in key sectors like manufacturing, construction and automobile. In most key countries, these sectors are resuming full-fledged operations already in 2021 and thus demand for aluminium extrusion in expected to grow in the coming years as it was expected.

KEY COMPANIES & MARKET SHAREAsia Pacific dominated the global market and accounted for the largest revenue share of over 74% in 2020. The region will retain its dominant position throughout the next few years due to the major focus towards construction & manufacturing sectors. North America is projected to grow at a significant growth rate from 2021 to 2028, in terms of revenue. The resumption of industrial operations post Covid-19 lockdown is projected to provide a push to the market growth. However, the declining growth and production of the Europe automotive industry, owing to the pandemic, is affecting the demand for aluminum extrusion and its products.

Major players have adopted business expansion, merger, and acquisition to sustain the intense market competition. Some of the key players in the global aluminium extrusion market include Hindalco Industries Limited, Aluminium Products Company (ALUPCO), Arconic Corporation, Bahrain Aluminium Extrusion Co. (BALEXCO), China Zhongwang, Constellium N. V., and Gulf Extrusion Co. LLC.

Copyright © 2022 AlCircleBiz All Rights Reserved.

  • worldpay

'Most searched' on AlCircleBiz

Raw Materials and Consumables:

Magnesite | Fluorspar | Propeller Scrap | Tin Brass Scrap | Gun Metal Scrap | Honey Brass Scrap | Silicon Metal 2202 | Silicon Metal 3303 | Silicon Metal 421 | Silicon metal 441 | Silicon metal 553 | Silicon Metal | Silicon metal 553 | Silicon metal 441 | Silicon metal 3303

Primary Aluminium:

Aluminium Ingots | Aluminium Scrap | Aluminium Ingot | Aluminium Alloy Ingot | Copper Billets | Aluminium Billets | ADC12 Ingot | Primary Aluminium Ingots

Machinery and Equipment:

Heat Sink | Dust Suppression & Control System | Alumina / Fly Ash / Lime Tanker | Y81-200 Metal Baler | Q91Y-360 Guillotine shear | Anode Transfer Vehicle - ATV | Crushed Bath Tanker

Aluminium Products:

Aluminium Scrap 6063 | 3004 Aluminium Foil | Aluminium powder | House on Wheels Interior | Radiator Door | Aluminium Caul Board | Aluminium Coil | Aluminium Corrugated Sheet | Aluminium Chequered Sheets | Aluminium Sheets | Aluminium Scrap 97 Purity

End User:

Screw Module Series | Aluminium Die- Casting | Aluminium Medical Equipment Profile | Led Aluminium Profile | Mobile frame series | Electronic Series | Chamber series | Bike Accessories | Aluminium Tope | Aluminium Circle | Aluminium Extrusion | Standard Geometric Profiles

Utility and Services:

Logistics Services | Equipment Assessment Service | Material Audits & Valuation Service | Remelting of Aluminium Scrap Service | Cable Recycling Service | Warehousing and Distribution Service | Sea Freight Service

Surplus Products:

Chlorine Supply Unit | Aluminium Extrusion Plant | MCT 160 Horizontal Double Spindle Machining Center

Aluminium Buying Leads:

Aluminium Ingot | Aluminium Ingot A7 | Aluminium Scrap 6063 | Low Purity Secondary aluminium Ingot

Aluminium Selling Leads:

Chlorine Supply Unit | Aluminum Cables | Aluminium ADC12 Ingots | High Quality Aluminium Extrusion Profiles

Sellers:

Hindalco Brasil | RIA Cast House Engineering | Prodigo Metals Recovery | Ceraflux India Pvt. Ltd. | Madina Metal | Hensfate Metal | Automation Innovation | Teeba Metals Trading LLC

AlCircleBiz: CONNECTING BUSINESS - IN THE GLOBAL ALUMINIUM INDUSTRY

Founded in 2019 and based out of Singapore, AlCircleBiz is the world's 1st online B2B marketplace for the global aluminium industry, connecting businesses. One of the biggest USPs of AlCircleBiz is – it covers the entire aluminium value chain i.e., from - raw materials and consumables, primary aluminium, equipment, aluminium products, scrap, technology, service providers – bringing everything under one roof.

When you register on AlCircleBiz, you can post business leads, get to explore all listed products and services and can send enquiries directly to the sellers. When you onboard as a registered seller, you can list unlimited products/services to get new customers & grow your business in the domestic as well as international aluminium industry.

BUY/SEND ENQUIRY FROM AlCircleBiz

Raw Materials and Consumables

Find quality & verified aluminium raw materials and consumables suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies & reach out to them through online enquiries. From Propeller Scrap, Tin Brass Scrap, Gun Metal Scrap, Honey Brass Scrap, Silicon Metal 3303 and more. Discover sellers like Xiamen JCX Import And Export Co.Ltd, Al-Azeem Enterprises, Madina Metal and more.

Primary Aluminium

Find Primary aluminium manufacturers and suppliers. Choose reliable and genuine primary aluminium manufacturers, suppliers, exporters at AlCircleBiz. Aluminium Ingot, Billet, Alloy Bar latest price from sellers like RADIANTA ALLOYS PVT. LTD., Shayona Impex, Silver Rush Exim and more.

Machinery and Equipment

Find quality aluminium machinery and equipment, suppliers, manufacturers, exporters, importers and buyers around the world. Send enquiries on aluminium machinery and equipment products to get price quotes and other information.

Aluminium Products

Find quality & verified aluminium products suppliers, manufacturers, exporters, importers and buyers around the world. Latest price on aluminium products. Get contact details and address of companies manufacturing and supplying aluminium products.

End User

Find quality aluminium end user product suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies manufacturing and supplying aluminium end user products.

Utility and Services

Find all different kinds of aluminium utility and services providers around the world at AlCircleBiz. Get contact details and address of companies providing utility and services for the aluminium industry.

Surplus Products

SURPLUS, a unique feature of AlCircleBiz, to help you sell any unused assets, with customized and dedicated marketing to attract immediate customer needs. If you have any unused product, raw materials, scrap or used equipment or machinery and you want to sell it off, then you can get verified enquiries from potential customers by availing this SURPLUS feature.

Aluminium Business Leads

Both sellers and buyers can post business leads for any specific requirements & can choose to respond to other active business leads.

Post Buying and Selling leads at AlCircleBiz is easy, fast & super affordable! We follow an authentic online method of reaching a niche audience and once you have posted a lead, you can get an unlimited number of responses against your lead. These business leads cover the entire aluminium value chain that includes Raw Materials and Consumables, Primary Aluminium, Machinery and Equipment, Aluminium Products, End User, Utility and Services and Surplus Products.

AUTHENTICITY

The in-house team of experts at AlCircleBiz is trained to check and verify the authenticity of online presence of all their registered sellers and business leads, hence you get a list of reliable product suppliers and only verified leads.

SERVICES AND PRICING

Registration on AlCircleBiz is FREE. With Registration, you get the following benefits -
- Explore AlCircleBiz platform to get connected with global sellers and buyers
- Check out all products/services & send unlimited enquiries directly to the sellers
- Post unlimited buying and selling requirements as Business Leads
- Get responses from potential customers against your posted Lead (First 10 responses in one year are free)
- Check out other active Business Leads and respond directly to the clients at No Cost - Unlimited Responses

If you onboard yourself as a registered seller for FREE, you get the following additional benefits
- Get free company profile page on AlCircleBiz website
- List unlimited number of products/services
- Get enquiries directly in your Inbox from potential clients (First 10 enquiries in one year are free)

We also have many paid offerings - like MyBiz, Surplus, Advertisement Solutions etc.

Visit us at: www.alcirclebiz.com

Top f