U.S. Aluminum Extrusion Market Size & Outlook, 2022-2030
U.S. aluminum extrusion market, 2018-2030 (US$M)
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U.S. aluminum extrusion market highlights
- The U.S. aluminum extrusion market generated a revenue of USD 7,794.0 million in 2022 and is expected to reach USD 10,903.7 million by 2030.
- The U.S. 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.
Aluminum extrusion market data book summary
| Market revenue in 2022 | USD 7,794.0 million |
| Market revenue in 2030 | USD 10,903.7 million |
| Growth rate | 4.3% (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, U.S. accounted for 8.3% 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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U.S. 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 81.23% in 2022. Horizon Databook has segmented the U.S. aluminum extrusion market based on shapes, rods & bars, pipes & tubes covering the revenue growth of each sub-segment from 2018 to 2030.
U.S. is a prominent producer and consumer of aluminum extrusion. U.S. is one of the hardest hit countries in the world due to the COVID-19 pandemic, which has resulted in major consequences in the manufacturing activities of the country, thereby, negatively impacting the demand for aluminum extrusion in 2020.
Aviation industry, a vital end-user of aluminum extrusion was severely impacted, which resulted in low product demand. The spread of corona virus had forced stop the manufacturing operations in the U.S. For example, in April 2020, Boeing announced to sharply reduce production of its wide body planes and it aims to cut its workforce by 10%.
The energy sector of the country too was deeply impacted. The sector already witnessed cancellation and delays in its installation projects amidst the global health crisis and in addition, has received large amount of retroactive rent bills.
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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 U.S. aluminum extrusion market , including forecasts for subscribers. This country databook contains high-level insights into U.S. aluminum extrusion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. aluminum extrusion market size, by product, 2018-2030 (US$M)
U.S. Aluminum Extrusion Market Outlook Share, 2022 & 2030 (US$M)
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