China Aluminum Extrusion Market Size & Outlook, 2022-2030
China aluminum extrusion market, 2018-2030 (US$M)
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China aluminum extrusion market highlights
- The China aluminum extrusion market generated a revenue of USD 45,560.9 million in 2022 and is expected to reach USD 74,202.0 million by 2030.
- The China market is expected to grow at a CAGR of 6.3% 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 2022 | USD 45,560.9 million |
| Market revenue in 2030 | USD 74,202.0 million |
| Growth rate | 6.3% (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 |
Other key industry trends
- In terms of revenue, China accounted for 48.4% 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 Asia Pacific, China aluminum extrusion market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,718.7 million by 2030.
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Aluminum Extrusion Market Scope
Aluminum Extrusion Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 79.29% in 2022. Horizon Databook has segmented the China aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
China accounts for a key share of the market considering the widespread presence of end-use industries in the country. Like any other country, China’s manufacturing operations too were impacted due to the COVID-19 pandemic. However, the country bounced back quickly in comparison to other parts of the world.
Aluminum extrusions are extensively used in the solar industry to build supports, connectors, and solar panels. Aluminum is preferred in the industry for the structural elements owing to its characteristics such as malleability, strength, and light weight.
In addition, its demand is increasing in framework owing to various reasons such as compared to heavier steel aluminum offers same stability, lightweight factor makes aluminum frames easier to handle or transport, it offers additional flexibility due to malleability, and provides weather resistance as it is corrosion-free.
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Target buyers of China aluminum extrusion market databook
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Our clientele includes a mix of aluminum extrusion market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into China aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China aluminum extrusion market size, by product, 2018-2030 (US$M)
China Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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