Japan Aluminum Extrusion Market Size & Outlook, 2022-2030
Japan aluminum extrusion market, 2018-2030 (US$M)
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Japan aluminum extrusion market highlights
- The Japan aluminum extrusion market generated a revenue of USD 2,522.5 million in 2022 and is expected to reach USD 3,206.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 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 2,522.5 million |
| Market revenue in 2030 | USD 3,206.1 million |
| Growth rate | 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, Japan accounted for 2.7% 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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Japan 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 Japan aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Japan held a volume share of 4.0% of the Asia Pacific aluminum extrusion market in 2020. The growth of aluminum extrusion demand in the country is expected to remain low across the forecast period, owing to factors such as huge impact from COVID-19 and mature end use industries.
The country’s economic growth shrank, reporting a GDP growth of -28.1% in second quarter of 2020. This fall can mainly be attributed to the capital expenditure that was hard hit owing to COVID-19. The rise in demand for aluminum extrusion in Japan can be witnessed in the energy sector, as construction of energy projects resume in the country.
For example, in October 2020, Pacifico Energy announced start of construction of 54-MW solar project in Sano-shi, Tochigi Prefecture, Japan. This is Pacifico Energy’s 13th plant in Japan. Also, JERA Co. announced its plan to increase its renewable energy investment to 5 GW of capacity by 2025.
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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 Japan aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into Japan aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan aluminum extrusion market size, by product, 2018-2030 (US$M)
Japan Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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