EXTRUDED ALUMINUM PROFILES MARKET ANALYSIS

Regional Analysis

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North America continues to be the dominant region in the global extruded aluminum profiles market. The region is expected to account for 36.5% of the market share in 2024, attributed to a strong presence of end-use industries. The U.S. accounts for majority of the market share in the region owing to well-established construction and transportation sectors. Major extruded aluminum profile manufacturers have their presence across different states to effectively cater to the widespread demand from builders, fabricators, and OEMs. The North American Free Trade Agreement (NAFTA) facilitated robust trade between the U.S., Canada, and Mexico, further aiding the growth of the extrusion industry in the region over the years.

The Asia Pacific region has emerged as the fastest growing market for extruded aluminum profiles globally on account of rapid industrialization and infrastructural development underway in several countries. China represents the largest market, leveraging the advantages of low-cost manufacturing and proximity to critical end-use industries. The presence of leading manufacturing hubs coupled with supportive government policies promoting the use of aluminum has driven significant capacity additions by extruders. Countries like India and Vietnam are also witnessing increased extrusion capacity additions to gain from the 'China plus one' procurement strategy of global buyers amid the ongoing U.S.-China trade tensions. Relatively lower import duties compared to other regions make Asia Pacific an attractive sourcing destination for extruded aluminum profiles.