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The U.S. is the most prominent producer and consumer of aluminum extrusion in not just North America, but also globally it is the leading country. The country is one of the severely hit countries due to the Covid-19 pandemic, which has resulted in major consequences in the manufacturing activities, thereby, negatively affecting the product demand. The aerospace & defense, automotive, and construction industries have been majorly impacted due to the pandemic in the U.S., observing a decline in demand for extruded products. However, construction activities were provided some relaxation post the first quarter of 2020. The construction activities were acknowledged under essential businesses, which led to the opening of material inflow for construction purposes.
Although, depressing sentiments in new construction activities directly reduced the volume flow of aluminum extrusion in the U.S. during FY 2020. Low costs and weight of extrusion products contribute to their rising demand in various industrial applications, mainly in the automotive and aerospace & defense sectors.
MARKET SIZE AND GROWTH PROJECTIONS
The North American aluminum extrusion market size was valued at USD 12.3 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2020 to 2029 to reach USD 21 billion. North America is projected to grow at a significant growth rate from 2021 to 2028, in terms of consumption as well. The resumption of industrial operations post Covid-19 lockdown is projected to provide a push to the market growth. Government initiatives regarding economic development are also expected to help recover the regional market.
TOP COMPANIES IN ALUMINIUM EXTRUSION
Below are some of the top companies in U.S. involved in the aluminium extrusion business -
Sl No | Company | City | State | Sales $ |
1 |
Bonnell Aluminium |
Newnan |
GA |
250 mil+ |
2 |
Custom Aluminium Products |
South Elgin |
IL |
250 mil+ |
3 |
Sierra Aluminium |
Riverside |
CA |
250 mil+ |
4 |
Astro Shapes |
Struthers |
OH |
100 - 250 mil+ |
5 |
Crystal Finishing Systems |
Schofield |
WI |
100 - 250 mil+ |
6 |
Taber Extrusions |
Gulfport |
MS |
100 - 250 mil+ |
7 |
Universal Molding Extrusion |
Downey |
CA |
100 - 250 mil+ |
8 |
Whitehall Industries |
Ludington |
MI |
100 - 250 mil+ |
9 |
Benada Aluminium Products |
Sanford |
FL |
50 - 100 mil+ |
10 |
Mid-states Aluminium |
Fond du Lac |
WI |
50 - 100 mil+ |
11 |
Tri City Extrusion |
Bristol |
TN |
50 - 100 mil+ |
12 |
Tower Extrusions |
Olney |
TX |
50 - 100 mil+ |
13 |
Vitex Extrusions |
Franklin |
NH |
50 - 100 mil+ |
14 |
Aluminium Extruded Shapes |
Cincinnati |
OH |
25 - 50 mil+ |
15 |
International Extrusions |
Garden City |
MI |
25 - 50 mil+ |
16 |
Pennex Aluminium |
Wellsville |
PA |
25 - 50 mil+ |
17 |
General Extrusions |
Youngstown |
OH |
10 - 25 mil+ |
18 |
Western Extrusions |
Carrolton |
TX |
10 - 25 mil+ |
19 |
Aluminium Shapes |
Delair |
NJ |
- |
20 |
Gordon Aluminium Industries |
Schofield |
WI |
1 - 5 mil |
In the recent years, there have been some foreign owned North American Extruders as well
CHINESE OWNED EXTRUDERS
OTHER FOREIGN OWNERSHIP