Market revenue in 2022 | USD 1,010.8 million |
Market revenue in 2030 | USD 1,426.4 million |
Growth rate | 4.4% (CAGR from 2022 to 2030) |
Largest segment | Shapes |
Fastest growing segment | Pipes & Tubes |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Shapes, Rods & Bars, Pipes & Tubes |
Key market players worldwide | Arconic, Constellium SE Class A, Hindalco Industries Ltd GDR, Kaiser Aluminum Corp, Norsk Hydro ASA, Alexander & Baldwin Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum extrusion market will help companies and investors design strategic landscapes.
Shapes was the largest segment with a revenue share of 81.23% in 2022. Horizon Databook has segmented the Canada aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing investment in electrical vehicles manufacturing and its related infrastructure is projected to drive the usage of aluminum extrusion in Canada. In October 2020, the Canadian government and the province of Ontario had planned to invest USD 223 million in Ford manufacturing plant which is one of the largest electric vehicle plants in North America.
Significant growth in renewable power generation coupled with increasing investment in expansion of transmission and distribution infrastructure are the prominent factors attributed to the growth of the market.
In addition, in April 2021, the Independent Electricity System Operator (IESO) had approached Hydro One, a Canadian electricity transmission and distribution utility to expand the energy transmission network in Ontario.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into Canada aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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