The global aluminum extrusion market was estimated at USD 91.38 billion in 2024 and is anticipated to reach USD 146.82 billion by 2030, registering a compound annual growth rate (CAGR) of 8.4% over the 2025-2030 period. Growing utilization of aluminum in both traditional internal combustion vehicles and electric vehicles (EVs) in the automotive and transportation sectors is supporting market expansion.

Key Market Trends & Insights

In 2024, the Asia Pacific region dominated the global aluminum extrusion industry, accounting for more than 71.0% of total revenue. In the U.S., the automotive sector is a major contributor to the extrusion market’s growth. Looking at product categories, the “shapes” segment held the largest revenue share at 79.0% in 2024. From an application perspective, the building & construction sector represented the greatest share, contributing over 60.0% of global revenue in that year.

Market Size & Forecast

As mentioned, the market size in 2024 stood at USD 91.38 billion, with a forecast to reach USD 146.82 billion by 2030, implying a 2025-2030 CAGR of 8.4%. In the U.S., regulatory pressure from agencies such as the National Highway Traffic Safety Administration (NHTSA), the California Air Resources Board (CARB), and the U.S. Environmental Protection Agency (EPA) regarding fuel economy and CO₂ emissions is driving increased use of aluminum components. For instance, fuel-economy and CO₂ emissions standards tightened by roughly 1.5% in the 2021-2026 period, which in turn supports demand for automotive aluminum extrusions. In the U.S., the aerospace, defense, automotive and construction sectors suffered a downturn in extrusion volume in FY2022 owing to economic headwinds and a slowdown in new construction activity. Nevertheless, 2023 marked the beginning of a recovery, highlighted by large infrastructure initiatives such as the Gordie Howe International Bridge, the Hudson Tunnel Project and the JFK Airport Expansion, which have increased material demand. Lightweight and cost-effective aluminum extruded products are gaining traction across automotive, aerospace and construction applications.

The market is currently in a growth stage with an accelerating pace. The expansion is driven by rising demand for extruded aluminum parts and broader adoption of aluminum extrusion technology across sectors seeking lightweight, strong and corrosion-resistant materials. Industry consolidation through mergers & acquisitions is notable, as leading manufacturers pursue scale, long-term agreements and partnerships to capture share in a competitive environment. Regulation of bauxite mining, aluminum production and end-use application standards also substantially influence industry dynamics. While aluminum extrusion has few direct substitutes thanks to its unique combination of properties, alternative processes (such as automation, hot or direct extrusion) offer competitive pathways.

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Key Companies & Market Share Insight

The market exhibits moderate concentration, with a number of global players engaging in consolidation and strategic expansion. Typical characteristics include robust merger & acquisition activity, strategic cooperation, and long-term offtake arrangements. These enable leading firms to increase foothold and improve economies of scale. At the same time, innovation in processes and product forms is important to stay competitive, given that substitution risk remains limited but technological alternatives continue to evolve.

Key Companies

Major players in the aluminum extrusion market include Alupco; Arconic Corp.; Bahrain Aluminum Extrusion Company; Constellium N.V.; Gulf Extrusions Co. LLC; Hindalco Industries Ltd.; Kaiser Aluminum; Norsk Hydro ASA; and QALEX. For example, Hindalco Industries Ltd. provides a wide array of extruded products and has expanded its manufacturing footprint through investments, collaborations and strategic partnerships globally. Likewise, Norsk Hydro ASA ranks among the market leaders and has conducted multiple acquisitions across regions to deepen its business footprint and maintain market share. Emerging participants include Bahrain Aluminum Extrusion Company and QALEX. QALEX, for example, is actively acquiring smaller extrusion firms (such as Abdul Noor Ahmed Extrusion Factory) to broaden its regional reach.

Conclusion

In summary, the global aluminum extrusion market is positioned for significant growth through 2030, driven by the structural shift toward lightweight materials in automotive, construction and aerospace segments, as well as by regional manufacturing strength in Asia Pacific. With a projected size of nearly USD 147 billion by 2030 and a healthy CAGR of 8.4%, the sector is witnessing consolidation among major players, increasing regulatory influence, and growing application diversity. Companies that invest in capacity, strategic partnerships and technological advancement are likely to capture a greater portion of the expanding market.

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