Mexico Aluminum Extrusion Market Size & Outlook, 2022-2030
Mexico aluminum extrusion market, 2018-2030 (US$M)
Related Markets
Mexico aluminum extrusion market highlights
- The Mexico aluminum extrusion market generated a revenue of USD 556.4 million in 2022 and is expected to reach USD 845.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.4% 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 556.4 million |
| Market revenue in 2030 | USD 845.0 million |
| Growth rate | 5.4% (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, Mexico accounted for 0.6% 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 North America, U.S. aluminum extrusion market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 845.0 million by 2030.
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Aluminum Extrusion Market Scope
Aluminum Extrusion Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 81.25% in 2022. Horizon Databook has segmented the Mexico aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing investment in electric vehicles accelerates the usage of aluminum products which in turn augment the growth of aluminum extrusion market. Mexico is a prominent marketplace for manufacturing car which bolsters the market growth.
For instance, in April 2021, General Motors Co, had planned to invest worth USD 1 billion to manufacture electric vehicles in 2023. Thus, increasing investment in EV coupled with growing expansion of T&D network fuels the market growth in coming years.
Government packages and incentives are projected to boost construction sector of Mexico. Thereby, positively influencing the growth of aluminum extrusion market. For instance, in 2019, the finance minister of Mexico announced a package of USD 42.5 billion to promote infrastructure development and boost private consumption in GDP.
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Target buyers of Mexico aluminum extrusion market databook
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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 country-level data and insights on the Mexico aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico aluminum extrusion market size, by product, 2018-2030 (US$M)
Mexico Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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