The extruded aluminum profiles market is estimated to be valued at USD 90.19 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. The global extruded aluminum profiles market has been witnessing steady growth over the recent past owing to increasing demand from various end-use industries. Aluminum profiles have emerged as a popular choice of material for different architectural and industrial applications because of their light weight, corrosion resistance, and relatively lower cost as compared to other metals. Extruded aluminum profiles are manufactured by forcing molten aluminum through a die to create objects with a fixed cross-sectional profile. These profiles have extensive usage across window and door frames, curtain walls, transportation, construction, and machinery manufacturing industries. Growth in infrastructure development activities and expansion of commercial spaces are expected to fuel the need for extruded aluminum profiles in the coming years. Moreover, the growing trend of replacing existing wooden structures with aluminum materials owing to sustainability concerns will further augment the market growth.
Market Dynamics:
The global extruded aluminum profiles market is predominantly driven by rising construction and infrastructure development activities worldwide. Rapid urbanization and increasing investments in commercial complexes, residential buildings and public infrastructure projects have boosted the demand for extruded aluminum profiles. Another major factor propelling the market growth is the wide replacement of traditional wood and plastic materials with sustainable and durable aluminum alternatives across various applications. Growing environmental awareness and stringent regulations are encouraging end-use industries to shift towards green materials like aluminum. However, volatility in raw material prices poses a major challenge for manufacturers and acts as a restraint. On the positive side, increasing R&D towards development of advanced aluminum alloys suitable for complex structural requirements is widening the scope for market expansion.
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* Browse 25 market data tables* and 20 figures* on “Global Extruded Aluminum Profiles Market” - Global forecast to 2031.
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