Aluminum System
SKU
MRR-031BF22FA1CC
Region
Global
Publication Date
March 2024
Delivery
Immediate
2023
USD 128.12 billion
2030
USD 208.86 billion
2024
USD 136.40 billion
CAGR
7.23%
Aluminum System Market by Alloy (Cast Aluminum Alloy, Wrought Aluminum Alloy), Alloying Element (Copper, Magnesium, Manganese), Application - Global Forecast 2024-2030

[192 Pages Report] The Aluminum System Market size was estimated at USD 128.12 billion in 2023 and expected to reach USD 136.40 billion in 2024, at a CAGR 7.23% to reach USD 208.86 billion by 2030.

Aluminum System Market
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An aluminum system comprises engineered components, products, and assemblies made predominantly from aluminum. Aluminum is a lightweight, durable, and corrosion-resistant metal integral to various industries due to its unique properties. Some common aluminum systems include window and door frames, curtain walls, facades, and structural framing for bridges and buildings. Aluminum systems are widely used in the aerospace and automotive sector due to rising fuel efficiency standards, growing environmental regulations, and increasing need for lightweight components and parts. However, the fluctuating costs of aluminum may result in elevated costs for finished aluminum products. In addition, the ongoing advancements and improvements in the properties of aluminum are expected to encourage the adoption of aluminum systems by the end-use sectors worldwide.

Aluminum System Market - Global Forecast 2024-2030
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Regional Insights

Aluminum systems are increasingly becoming popular in the Americas due to their sustainable properties, lightweight nature, and versatility in various automotive, aerospace, construction, and packaging applications. Growing emphasis on transportation and infrastructure projects to minimize overall weight and environmental impact is accelerating the use of aluminum systems in the Americas. In the APAC region, rapid urbanization and an increase in construction activities are resulting in the employment of aluminum systems due to their durability and efficiency. The EMEA region demonstrates significant demand for aluminum systems with a growing focus on green initiatives such as increasing recycling rates of aluminum materials and deploying aluminum systems in renewable energy sectors such as solar panels. Additionally, the development of innovative aluminum systems and expansion of manufacturing facilities are anticipated to increase the adoption of aluminum systems by end-use verticals across the globe.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aluminum System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aluminum System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Laumann Group (Veka, Gealan) acquires Polish aluminum systems supplier

    Laumann Group acquired a majority stake in Ponzio Polska, signaling its foray into the aluminum segment. The integration into Laumann Group opens up new markets, customer groups, and sales channels for both domestic and international business partners. [Published On: 2023-04-21]

  • Hydro acquires Hueck building systems and extrusion business in Germany

    Hydro, an aluminum company, entered into an agreement to acquire Hueck, a reputable provider of aluminum window, door, and façade systems and extruded aluminum profiles. This strategic acquisition strengthens Hydro's presence in Germany and other key European markets, with an impressive enterprise value of EUR 60.3 million. The acquisition expands Hydro's product portfolio and aligns with its commitment to sustainability, local supply, exceptional service, and top-quality products. This acquisition represents a significant advancement for Hydro, enabling them to offer various products to their valued customers while maintaining their unwavering focus on sustainability, local supply, and exceptional quality. [Published On: 2023-03-01]

  • Fenesta launches new aluminum factory in Hyderabad

    Fenesta, a windows and doors brand and a part of the DCM Shriram Group, inaugurated a new aluminum factory in South India. The primary objective of this plant is to meet the growing demand for aluminum systems in the entire Southern region. Fenesta aimed to enhance customer satisfaction by reducing lead time, minimizing transportation-related issues, and mitigating losses caused by transit damages by establishing the new unit in Hyderabad. [Published On: 2022-11-25]

Key Company Profiles

The report delves into recent significant developments in the Aluminum System Market, highlighting leading vendors and their innovative profiles. These include Aditya Birla Management Corporation Private Limited, Alcast Technologies Ltd., Alcoa Corporation, AluK S.A., Alumil S.A., Aluminium Bahrain B.S.C., Aluminum Corporation of China Limited, Aluprof S.A., Arconic Corporation., C. R. Laurence Co., Inc., Century Aluminum Company, China Hongqiao Holdings Limited, Chiping Xinfa Aluminous Product Co., Ltd., Control and Framing Systems, EFCO Corporation by Apogee Enterprises, Inc., Endurance Technologies Limited, GUTMANN AG, Jansen AG, Kawneer Company, Inc. by Arconic Corporation, Norsk Hydro ASA, Ponzio S.r.l., Reynaers Aluminium, Schuco International Ltd., Simplex Profilo Systems, and Texa Metals & Alloys Pvt Ltd..

Market Segmentation & Coverage

This research report categorizes the Aluminum System Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Alloy
    • Cast Aluminum Alloy
    • Wrought Aluminum Alloy
  • Alloying Element
    • Copper
    • Magnesium
    • Manganese
    • Silicon
  • Application
    • Construction
    • Electrical & Electronic
    • Packaging
    • Transportation & Logistic

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Aluminum System Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aluminum System Market?
  3. What are the technology trends and regulatory frameworks in the Aluminum System Market?
  4. What is the market share of the leading vendors in the Aluminum System Market?
  5. Which modes and strategic moves are suitable for entering the Aluminum System Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Aluminum System Market, by Alloy
  7. Aluminum System Market, by Alloying Element
  8. Aluminum System Market, by Application
  9. Americas Aluminum System Market
  10. Asia-Pacific Aluminum System Market
  11. Europe, Middle East & Africa Aluminum System Market
  12. Competitive Landscape
  13. Competitive Portfolio
Companies Mentioned
  • Aditya Birla Management Corporation Private Limited
  • Alcast Technologies Ltd.
  • Alcoa Corporation
  • AluK S.A.
  • Alumil S.A.
  • Aluminium Bahrain B.S.C.
  • Aluminum Corporation of China Limited
  • Aluprof S.A.
  • Arconic Corporation.
  • C. R. Laurence Co., Inc.
  • Century Aluminum Company
  • China Hongqiao Holdings Limited
  • Chiping Xinfa Aluminous Product Co., Ltd.
  • Control and Framing Systems
  • EFCO Corporation by Apogee Enterprises, Inc.
  • Endurance Technologies Limited
  • GUTMANN AG
  • Jansen AG
  • Kawneer Company, Inc. by Arconic Corporation
  • Norsk Hydro ASA
  • Ponzio S.r.l.
  • Reynaers Aluminium
  • Schuco International Ltd.
  • Simplex Profilo Systems
  • Texa Metals & Alloys Pvt Ltd.
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Frequently Asked Questions about the Aluminum System Market
The Global Aluminum System Market size was estimated at USD 128.12 billion in 2023 and expected to reach USD 136.40 billion in 2024.
The Global Aluminum System Market to grow USD 208.86 billion by 2030, at a CAGR of 7.23%
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