About Industry
Aluminum stands at the forefront of modern industry as the metal of the future, embodying versatility, sustainability, and technological innovation. Mined primarily from bauxite ore, this lightweight, corrosion-resistant metal plays a pivotal role in diverse sectors such as transportation, construction, aerospace, and electronics.
Aluminium is the second most widely used metal in the world after Iron. Some features of aluminium include its exceptional strength-to-weight ratio, making it an ideal choice for lightweight applications. The metal’s malleability allows for intricate designs and versatile applications, from sleek automotive components to cutting-edge aerospace structures.
Extrusion is the technique of turning aluminium or an aluminium alloy into a certain shape or profile for a range of applications. Aluminium is a versatile metal that can be formed into thin and lightweight shapes without compromising on strength. The metal is permanently transformed by a thermo-mechanical manufacturing process. Extrusion can create complex shapes, such as tubes, profiles, rods, and other objects as per the requirements with great precision.
Aluminium Extrusion is used in a variety of industries, including architecture, development, vehicles, electronics, aerospace, transportation, consumer durables, and others due to its exceptional features. These applications are only conceivable because of aluminium’s beneficial properties, which include its unique combination of strength and ductility, conductivity, non-magnetic properties, and ability to be recycled repeatedly without losing integrity. Because of these qualities, aluminium extrusion is a viable and versatile solution for numerous manufacturing applications.
The Aluminium Extrusion market is expected to increase at a 4.6% CAGR from 2023 to 2033, from US$ 126.67 billion in 2023 to US$ 195.48 billion by 2033.
Growing Demand in the Construction Industry: Aluminum extrusions are widely used in the construction industry due to their lightweight, durability, and corrosion-resistant properties. With the growing demand for eco-friendly and sustainable construction materials, the aluminium extrusion market is expected to witness significant growth in the coming years.
Increasing Demand for Automotive Applications: Aluminum extrusions are used in the manufacturing of lightweight and fuel-efficient automotive parts that are both corrosion-resistant and durable. With the growing demand for electric and hybrid vehicles, the aluminium extrusion market is expected to witness significant growth in the automotive sector. Abrasion, heat, humidity, and vibrations do not affect the performance of aluminium-extruded objects. The automotive and transportation industries are seeing an increase in the amount of aluminium used in internal combustion engines and electric vehicles (EVs), which is expected to drive increasing demand for aluminium extrusion.
Recycling processes for aluminium are highly efficient, offering a green alternative to primary production. Ongoing research and development focus on reducing energy consumption, further enhancing the environmental credentials of this remarkable metal. Furthermore, rising government incentives to employ aluminium extrusions in building integrated photovoltaic (BIPV) systems, as well as rising building and construction industry development, are expected to add to market expansion.