The automotive aluminum extrusion market represents the supply of and demand for the Automotive Aluminum Extrusion products operated by independent automotive aluminum extrusion products producers and integrated aluminum companies alike.
Aluminum extrusion is a technique used to transform aluminum alloy into objects with a definitive cross-sectional profile for a wide range of uses. The extrusion process makes the most of aluminum’s unique combination of physical characteristics. Its malleability allows it to be easily machined and cast, and yet aluminum is one third the density and stiffness of steel so the resulting products offer strength and stability, particularly when alloyed with other metals.
At about one-third the weight of steel per cubic foot, aluminum is now the metal of choice in a range of automotive parts. For electric vehicles, aluminum components dominate – chassis, body (body-in-white, doors, hoods and trunk lids, bumpers and crash boxes), wheels, and housings for motors and electric batteries.
For both EV car and charging station housings, which must provide thermal transfer capabilities to keep the battery cool or keep it warm in cold weather, aluminum is an excellent choice.
Aluminum is also being used in brake components, in order to boost the braking efficiency of EVs. The metal is an excellent heat conductor, which means brake heat created is quickly dispersed, while also offering sufficient wear-resistance.
As used in this Research Report, all tonnages are stated in metric tonnes. One metric tonne is equivalent to 2,204.6 pounds. One kilotonne, or kt (kmt), is 1,000 metric tonnes.
According to the new market research report “Automotive Aluminum Extrusion - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Automotive Aluminum Extrusion market size is projected to reach USD 10.52 billion by 2029, at a CAGR of 4.8% during the forecast period.
- Global Automotive Aluminum Extrusion MarketSize(US$ Mn), 2018-2029
Source: QYResearch, "Automotive Aluminum Extrusion - Global Market Insights and Sales Trends 2024"
- Global Automotive Aluminum ExtrusionTop17 Players Ranking and Market Share（Based on data of 2021, Continually updated）
Source: QYResearch, "Automotive Aluminum Extrusion - Global Market Insights and Sales Trends 2024"
The global key manufacturers of Automotive Aluminum Extrusion include HAOMEI, Arconic, Hoshion, ETEM, Hindalco, METRA, EURAL GNUTTI, Kaiser, Kam Kiu, Kaiser, etc. In 2021, the global top five players had a share approximately 46.0% in terms of revenue.
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