The Global Aluminium extrusion market in 2022 was 92 billion, about 30 million tonnes, which is 28% of the total Aluminium market. The extrusion business is highly fragmented worldwide, and the major five players contribute just 16% of the world's requirements.
Aluminium Extrusion Market
Presently the demand is expected at a CAGR of 7.5%, and extrusion has a huge potential. With increasing pressure on environmental and emission norms, the use of greener, lighter, and environment-friendly metal will continue.
The product segments for Aluminium products can be classified into Building & Construction, Automotive & Transportation, Consumer Durables, electrical energy, and industrial machinery, the highest being in B&C and the next being A&T.
Each product segment has its unique process and quality requirements, which pose a huge challenge in manufacturing, packing, transportation, and storage.
Challenges
Unique challenges for the B&C segment are surface quality, dimensional accuracy, and weight per meter. For A&T, it is strength, dimensional accuracy, and ultrasonically sound product.
High-tech industrial products like aerospace components, auto bumpers, space frames, chassis, panels, transmission housings, and engine blocks for cars, trucks, boats, and railways require huge investments.
Conclusion
In order to meet these challenging needs of each segment, the process needs to be robust and customized, as each customer has unique requirements.
Process controls like closed-loop temperature control, controlled stretching, off line solutionizing and aging, reeling machines, deburring and surface finishing, and cold redrawing need to be in place.
Additionally, Lloyds and Type tests for Marine Application and AS 9100 international standards for qualifying for Aerospace products.
This article was contributed by our expert Pramod Koparde
Frequently Asked Questions Answered by Pramod Koparde
Q1. Which region will lead the global aluminium extrusion market?
From 2020 to 2022, China was the leading consumer of extrusions to the extent of 50% of the world's production. However, during the coming years, with growth envisaged in Asia Pacific countries, the market will be to the extent of 41 billion dollars by 2030.
Q2. What are the key industry trends of the global aluminium extrusion market?
Key trends will continue to be Building & Costruction, Transport, and Electrical Segments.
Q3. Is the extrusion process sustainable?
Aluminium extrusion is very much sustainable for the simple reason that it is the only affordable option available in the market that can be utilized economically for the customized product. Moreover, manufacturers can produce a wide range of products on a single machine with the extrusion process.
Q4. What are the advantages of the aluminium extrusion process?
The advantage of Aluminium extrusion is that the most complex profiles can be produced economically with the least machining on a single machine.
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