Canada Aluminum Extrusion Market Size & Outlook, 2022-2030

The aluminum extrusion market in Canada is expected to reach a projected revenue of US$ 1,426.4 million by 2030. A compound annual growth rate of 4.4% is expected of Canada aluminum extrusion market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,010.8
Forecast, 2030 (US$M)
$1,426.4
CAGR, 2023 - 2030
4.4%
Report Coverage
Canada

Canada aluminum extrusion market highlights

  • The Canada aluminum extrusion market generated a revenue of USD 1,010.8 million in 2022 and is expected to reach USD 1,426.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
  • In terms of segment, shapes was the largest revenue generating product in 2022.
  • Pipes & Tubes is the most lucrative product segment registering the fastest growth during the forecast period.


Aluminum extrusion market data book summary

Market revenue in 2022USD 1,010.8 million
Market revenue in 2030USD 1,426.4 million
Growth rate4.4% (CAGR from 2022 to 2030)
Largest segmentShapes
Fastest growing segmentPipes & Tubes
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationShapes, Rods & Bars, Pipes & Tubes
Key market players worldwideArconic, Constellium SE Class A, Hindalco Industries Ltd GDR, Kaiser Aluminum Corp, Norsk Hydro ASA, Alexander & Baldwin Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 1.1% of the global aluminum extrusion market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. aluminum extrusion market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 845.0 million by 2030.

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Aluminum Extrusion Market Companies

Name Profile # Employees HQ Website

Canada aluminum extrusion market outlook

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.

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Target buyers of Canada aluminum extrusion market databook

  • Our clientele includes a mix of aluminum extrusion market companies, investment firms, advisory firms & academic institutions.
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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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Canada aluminum extrusion market size, by product, 2018-2030 (US$M)

Canada Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)

Canada aluminum extrusion market size, by product, 2018-2030 (US$M)

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