India Aluminum Extrusion Market Size & Outlook, 2022-2030
India aluminum extrusion market, 2018-2030 (US$M)
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India aluminum extrusion market highlights
- The India aluminum extrusion market generated a revenue of USD 1,987.2 million in 2022 and is expected to reach USD 3,718.7 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% 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 1,987.2 million |
| Market revenue in 2030 | USD 3,718.7 million |
| Growth rate | 8.1% (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, India accounted for 2.1% 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 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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India 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 79.3% in 2022. Horizon Databook has segmented the India aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
India is amongst the fastest growing economies of the world. Growing government initiatives towards infrastructural developments and manufacturing are expected to propel the growth of aluminum extrusion in the country across the forecast period.
Automotive and transportation, a key application segment of the market is anticipated to witness rapid growth in near future. Most of the OEMs of the automotive industry reported double-digit growth rates in their sales in second half of 2020.
However, on yearly basis the auto market in India witnessed 25% of fall in 2020, in terms of production. Growth in automotive sales is expected to propel vehicle production in the country, hence, benefiting the demand for aluminum extrusion.
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Our clientele includes a mix of aluminum extrusion market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the India aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into India aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India aluminum extrusion market size, by product, 2018-2030 (US$M)
India Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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