PUBLISHER: Grand View Research | PRODUCT CODE: 1530023
PUBLISHER: Grand View Research | PRODUCT CODE: 1530023
Market Size & Trends
"2030 North America soft alloy aluminum extrusion market value to reach USD 10.99 billion."
The North America soft alloy aluminum extrusion market size was estimated at USD 6.79 billion in 2023 and is projected to grow at a CAGR of 7.1% from 2024 to 2030. The 6xxx series aluminum alloys are majorly used in automotive industry and growing vehicle production owing to the emphasis on electric vehicles is augmenting the need for soft aluminum alloys for extruded products in North America.
Increasing demand for customized lightweight shapes owing to new design considerations and product miniaturization is contributing to the growth of the market in North America. Aluminum has excellent malleability, which makes it easy to produce different shapes using the extrusion process.
North America Soft Alloy Aluminum Extrusion Market Report Segmentation
This report forecasts revenue and volume growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the North America soft alloy aluminum extrusion market report based on product, end-use, and country.