Aluminum Extruded Products Market size was over USD 60.02 billion in 2024 and is projected to cross USD 194.89 billion by the end of 2037, growing at more than 9.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of aluminum extruded products is estimated at USD 64.58 billion.
The growth of the market can be attributed to the high demand for aluminum-extruded products in the construction and automotive industry. Aluminum extrusion is the process of shaping aluminum to improve its tensile strength. Aluminum-extruded products are extremely light-weighted and perform efficiently under extreme conditions such as humidity, heat, vibrations, and abrasions. The inherent characteristics of aluminum extruded products are flexibility, high strength, and surface coating qualities. On account of expanding construction industry, the global aluminum extruded products industry is projected to witness growth over the forecast period. Furthermore, it is estimated that the construction industry would reach up to USD 15 trillion by 2030. Other than construction, there are various other domains where aluminum extruded products are used, such as air conditioning, solar panels, defense, and textile.
Moreover, aluminum extrusion is utilized in making light-weighted and strong structures and frames in the solar energy industry. According to the data released by International Energy Agency, solar PV generation increased to 821 TWh (23%) in the year 2020 and was expected to reach up to 6970 TWh by 2030 globally. On the back of the myriad uses of aluminum extruded products, the global aluminum extruded products market is expected to grow significantly over the forecast period. The market growth is also attributed to the increasing applications of extruded aluminum in various industries owing to its corrosion resistance, heat conduction, lightweight, nonmagnetic, and easy interlocking characteristics.
Author Credits: Dhruv Bhatia
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