Market revenue in 2022 | USD 649.9 million |
Market revenue in 2030 | USD 876.5 million |
Growth rate | 3.8% (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 |
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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 UK aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
UK is a significant market for aluminum extrusion in Europe, where the product is utilized in transportation, construction, energy, and other end-use industries. Similar to other European countries, UK, too, had a severe impact owing to COVID-19.
The decline in growth was attributed to suspension of production, services, and construction output in the country. The market growth is anticipated to recover over the short term with the upcoming construction & infrastructural projects in the country.
A proposal to connect the Northern Ireland and Scotland through a bridge or tunnel is one such upcoming project. In addition, the growth of the UK construction industry is expected to be fueled by a strong housing market.
Horizon Databook provides a detailed overview of country-level data and insights on the UK aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into UK aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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