Germany Aluminum Extrusion Market Size & Outlook
Germany aluminum extrusion market, 2018-2030 (US$M)
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Germany aluminum extrusion market highlights
- The Germany aluminum extrusion market generated a revenue of USD 5,167.0 million in 2022 and is expected to reach USD 7,290.4 million by 2030.
- The Germany 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 2022 | USD 5,167.0 million |
| Market revenue in 2030 | USD 7,290.4 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 5.5% 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 Europe, Germany aluminum extrusion market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 7,290.4 million by 2030.
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Aluminum Extrusion Market Scope
Aluminum Extrusion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 Germany aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Germany held a share of 26.1% of Europe aluminum extrusion market in 2020. Germany is the leading producers of aluminum extrusion in Europe. The country had an annual output of 583 kilotons in 2019 with a capacity utilization rate of nearly 90% and consumption of more than 1 million ton.
However, both production and consumption of was impacted in 2020 owing to COVID-19 pandemic. The demand for aluminum extrusion already fell in 2019 owning to the automotive industry and impact intensified in 2020.
Despite the negative growth, there are hopes for recovery that can be indicated by the strategic initiatives taken by the key players of the market. In April 2020, Hindalco-Novelis completed the acquisition of Aleris Corporation.
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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 Germany aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into Germany aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aluminum extrusion market size, by product, 2018-2030 (US$M)
Germany Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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