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Global aluminum extrusion market to grow at CAGR of 7.8% by 2032

28 Nov 2022 17:04 reported by Joy Liu

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According to a report, the global aluminum extrusion market’s value was US$87.84 billion in 2021, mainly led by the Asia Pacific market.

The market will grow at a compound annual growth rate (CAGR) of 7.8% during the period from 2022 to 2032, and Europe was expected to have the highest growth.

The global aluminum extrusion market was mainly driven by urbanization and expanded infrastructure projects accelerated by economic expansion, as well as higher demand for lightweight, durable, and high-corrosion extruded products.

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