Global Automotive Aluminum Extruded Profiles Market was valued at USD 1.03 Billion in 2022 and is projected to reach USD 1.38 Billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030.
The automotive aluminum extruded profiles market is undergoing rapid growth, driven by the rising demand for lightweight materials in the automotive industry. Aluminum, known for its strength, durability, and lightweight properties, is becoming a popular choice for manufacturers striving to improve fuel efficiency and reduce carbon emissions. The global automotive sector, which is constantly innovating, is turning to aluminum extrusions to meet new regulatory requirements and consumer demands for sustainable vehicles.
In recent years, automotive manufacturers have focused on enhancing vehicle performance and safety while reducing overall weight. Aluminum extrusions provide an excellent solution due to their ability to be molded into complex shapes, reducing the need for additional materials or processes. As a result, aluminum extrusions have become key components in structural and interior automotive parts, such as bumpers, chassis, doors, and trims. Their use is projected to rise in the coming years, thanks to continuous advancements in extrusion technology.
North America and Europe have been at the forefront of aluminum extrusion adoption, with leading automotive companies in these regions increasingly integrating aluminum into their vehicle designs. Moreover, the growing trend of electric vehicles (EVs) is expected to drive demand for aluminum profiles further, as these vehicles require lighter structures to enhance battery efficiency and range.
North America and Europe lead the adoption of automotive aluminum extrusions.
Demand for lightweight, fuel-efficient vehicles boosts aluminum usage.
Electrification of the automotive industry is creating new opportunities for aluminum suppliers.
Technological advancements in extrusion processes are improving efficiency and cost-effectiveness.
With continued innovations in aluminum manufacturing processes, the automotive aluminum extruded profiles market is poised for sustained growth. As manufacturers aim to reduce vehicle weight, aluminum extrusions will remain at the forefront of material selection for automakers. These developments promise not only environmental benefits but also cost savings and enhanced vehicle performance in the years to come.
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Guangdong Haomei
Yatai Technology
Gabrian International
ETEM
Constellium SE
Norsk Hydro ASA
Novelis Inc.
Kobelco Aluminum Products & Extrusions In
Bonnell Aluminum Extrusion Company
Kaiser Aluminum Corp.
Innoval Technology
SMS Schimmer
Fidelium Partners
Walter Klein GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Aluminum Extruded Profiles Market
Passenger Car
Commercial Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Aluminum Extruded Profiles market share In 2023.
Body
Parts
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Aluminum Extruded Profiles Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Aluminum Extruded Profiles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Aluminum Extruded Profiles Market, By Type
6. Global Automotive Aluminum Extruded Profiles Market, By Application
7. Global Automotive Aluminum Extruded Profiles Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Aluminum Extruded Profiles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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