Middle East & Africa Aluminum Extrusion Market Size & Outlook
Middle East & Africa aluminum extrusion market, 2018-2030 (US$M)
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MEA aluminum extrusion market highlights
- The MEA aluminum extrusion market generated a revenue of USD 1,987.3 million in 2022.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,987.3 million |
| Market revenue in 2030 | USD 2,777.1 million |
| Growth rate | 4.3% (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, MEA region accounted for 2.1% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Aluminum Extrusion Market Scope
Aluminum Extrusion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 Middle East & Africa aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Developing economies in the region are expected to propel market growth across the forecast period. The UAE held the largest share of the aluminum extrusion market in 2020 in terms of both revenue and volume, and this trend is anticipated to continue over the forecast period.
The share of the country can be attributed to the presence of many automotive plants and phenomenal growth in building & construction industry (in both residential and commercial sectors). Aluminum sector is one of the significant sectors in the UAE as it contributes largely to the GDP and gives employment to many in the country.
In addition, approximately 61,000 jobs were supported in the UAE by aluminum sector. Such factors are expected to accelerate the growth of the overall aluminum sector in the country, thereby having a positive impact on the UAE aluminum extrusion market.
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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 continent-level data and insights on the Middle East & Africa aluminum extrusion market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA aluminum extrusion market size, by country, 2018-2030 (US$M)
Middle East & Africa Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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