Aluminum Extrusion Market Share, Size, and Growth Report 2024

The Aluminum Extrusion Market Size was valued at USD 85.47 billion in 2023 and is supposed to reach USD 156.28 billion by 2031. It is expected to grow at a CAGR of 8% over the forecast period 2024-2031. The aluminum extrusion market is undergoing a profound transformation, fueled by a combination of factors including increasing demand from end-use industries, technological advancements, and sustainability initiatives. Aluminum extrusion, a process of shaping aluminum alloy into complex profiles by forcing it through a die, offers numerous advantages such as lightweight, high strength-to-weight ratio, corrosion resistance, and recyclability. With its versatility and adaptability to various manufacturing processes, aluminum extrusions find extensive applications across industries such as automotive, construction, aerospace, consumer goods, and renewable energy. In the automotive sector, aluminum extrusions are utilized for structural components, body panels, and heat exchangers, enabling vehicle lightweighting and improved fuel efficiency. Similarly, in the construction industry, aluminum extrusions are used for window frames, curtain walls, doors, and structural framing systems, offering durability, design flexibility, and energy efficiency in building construction.

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