Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 32.43 Billion | USD 82.90 Billion | 9.84% | 2024 |
FrequentlyAsked Questions
Automotive aluminum extrusion is a highly popular manufacturing process in the automotive industry that uses aluminum alloy billets to create different parts of a vehicle.
The global automotive aluminum extrusion market is expected to be driven by the rising demand for lightweight vehicles across the globe.
According to study, the global automotive aluminum extrusion market size was worth around USD 32.43 billion in 2024 and is predicted to grow to around USD 82.90 billion by 2034.
The CAGR value of automotive aluminum extrusion market is expected to be around 9.84% during 2025-2034.
The global automotive aluminum extrusion market is projected to be led by Asia-Pacific during the forecast period.
The global automotive aluminum extrusion market is led by players like Bonnell Aluminum, Constellium, ALCOA Corporation, Press Metal Aluminium Holdings, Hydro Extrusions, Hindalco Industries, Novelis, China Zhongwang Holdings, Sapa Group, Kaiser Aluminum, Gulf Extrusions, Arconic, Norsk Hydro, ETEM Group and UACJ Corporation.
The report explores crucial aspects of the automotive aluminum extrusion market, including a detailed discussion of existing growth factors and restraints while browsing future growth opportunities and challenges that impact the market.
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