Europe Aluminum Extrusion Market Size & Outlook, 2022-2030
Europe aluminum extrusion market, 2018-2030 (US$M)
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Europe aluminum extrusion market highlights
- The Europe aluminum extrusion market generated a revenue of USD 15,094.9 million in 2022.
- The market is expected to grow at a CAGR of 4.2% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 15,094.9 million |
| Market revenue in 2030 | USD 20,944.2 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Shapes |
| Fastest growing segment | Pipes & Tubes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 16.0% of the global aluminum extrusion market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 107,783.1 million by 2030.
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Aluminum Extrusion Market Scope
Aluminum Extrusion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 Europe aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Europe aluminum extrusion market witnessed a positive growth trajectory until 2018. Growth in the demand propelled manufacturers to expand their production. For example, in 2019, Constellium expanded its plant in Singen, Germany with another aluminum extrusion press to cater automotive customers in the Europe.
The market growth declined in 2019 due to factors like decline in prices, which further worsened in 2020 with emergence of COVID-19 pandemic. Aluminum had started gaining prominence as an importance raw material in various end-use industries owing to characteristics such as lightweight, malleability, and strength.
With an aim to recover from the loss, producers of the European Aluminum have come together for recovery of automotive industry by supporting certain schemes such as the vehicle renewal scheme that emphasizes on sales of eco-friendly vehicles, such as clean ICEs and EVs.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe aluminum extrusion market , including forecasts for subscribers. This continent databook contains high-level insights into Europe aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe aluminum extrusion market size, by country, 2018-2030 (US$M)
Europe Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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