Europe & CIS Aluminium-Extruded Products Market growth to Grow with a 6.53% CAGR throughout the forecast period

Expansion and Modernization of transportation infrastructure, including railways, metro systems, and airports, is expected to drive the Europe & CIS Aluminium-Extruded Products Market.

According to TechSci Research report, “Europe & CIS Aluminium-Extruded Products Market - By Country, Competition, Forecast and Opportunities, 2019-2029”, the Europe & CIS Aluminium-Extruded Products Market is expected to register a CAGR of 6.53% during the forecast period. The automotive industry is a vital driver of the Europe & CIS Aluminium-Extruded Products Market. Aluminium extruded products are extensively used in the automotive sector to reduce vehicle weight, enhance fuel efficiency, and improve safety. With the automotive industry's ongoing shift towards electric and hybrid vehicles, there is a growing demand for lightweight materials to offset the weight of batteries and improve energy efficiency. Aluminium extrusions find applications in various vehicle components, including chassis, body panels, engine parts, and structural elements. These products provide the strength needed for safety while reducing the overall vehicle weight. As stricter emissions regulations drive the development of greener transportation options, the demand for aluminium extruded products in the automotive sector is expected to surge.

The increasing interest in autonomous and connected vehicles is driving innovations in vehicle design, where aluminium extrusions are crucial for creating the lightweight, aerodynamic structures needed for these advanced technologies. As the automotive industry evolves, aluminium extruded products will remain at the forefront of material choices, contributing to the market's sustained growth in the Europe and CIS region.

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Based on Alloy Type, In 2023, the European & CIS markets for aluminum-extruded products saw a significant trend with the 5000 series alloys emerging as the dominant segment. This series of alloys, known for their superior strength, durability, and resistance to corrosion, captured the largest share of the market. This dominance can be attributed to the inherent properties of the 5000 series, which make it highly suitable for various demanding applications. The 5000 series alloys are primarily composed of aluminum and magnesium, which provide an excellent balance of mechanical properties and resistance to environmental factors. These characteristics make them particularly attractive for use in industries such as automotive, aerospace, and construction. The versatility of the 5000 series allows it to be used in a wide range of applications, from structural components to decorative elements. One of the key factors driving the popularity of the 5000 series in the Europe & CIS markets is its performance in harsh conditions. The high magnesium content enhances the alloy's resistance to corrosion, which is crucial for applications exposed to moisture and chemicals. This property is particularly beneficial in marine and automotive sectors, where components are frequently subjected to challenging environments. The 5000 series alloys offer excellent formability, which facilitates the production of complex shapes and designs. This makes them a preferred choice for manufacturers who require extruded products with specific geometric requirements. The ability to produce intricate profiles without compromising the material’s integrity adds to the appeal of the 5000 series.

The construction industry also significantly contributes to the dominance of the 5000 series in the market. Aluminum extrusions made from these alloys are used in a variety of construction applications, including window frames, curtain walls, and roofing systems. The durability and aesthetic appeal of 5000 series extrusions make them a popular choice for modern architectural designs. In addition to its practical advantages, the 5000 series alloys are also favored for their lightweight properties. This characteristic is particularly important in the transportation sector, where reducing the weight of components can lead to improved fuel efficiency and overall performance. The use of 5000 series extrusions in vehicles helps manufacturers meet stringent fuel economy standards while maintaining structural integrity.

The continued growth of the automotive and construction sectors in Europe and CIS regions has further boosted the demand for 5000 series aluminum extrusions. As these industries expand, the need for high-performance materials that can withstand rigorous conditions increases. The 5000 series alloys are well-positioned to meet these demands, reinforcing their market dominance. Advancements in extrusion technology have enhanced the capabilities of 5000 series alloys, allowing for even greater precision and quality in the final products. Innovations in processing techniques have improved the ability to produce consistent and reliable extrusions, contributing to the overall growth of the market. The strong market presence of the 5000 series is also supported by its cost-effectiveness. Compared to other alloy series, the 5000 series offers a favorable balance between performance and cost, making it an attractive option for manufacturers and end-users alike. This cost-performance ratio helps maintain its competitive edge in the aluminum extrusion market. The dominance of the 5000 series in the Europe & CIS aluminum-extruded products market reflects its superior properties, versatility, and cost-effectiveness. As industries continue to evolve and demand high-quality materials, the 5000 series is likely to remain a key player in the aluminum extrusion sector, shaping the future of manufacturing and construction in the region.

Major companies operating in Europe & CIS Aluminium-Extruded Products Market are:

• Hindalco Industries Limited 
• Alumil Aluminium Industry SA
• Century Extrusions Limited
• Benkam alu extrusions
• Dimar Aluminium Extrusions (Dimar Limited)
• Constellium group 
• Dalian Ruituo Industrial Automation Equipment Co., Ltd. 

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“Russia dominated the Europe & CIS Aluminium-Extruded Products market in 2023. The construction industry in Russia presents a significant opportunity for aluminium extruded products. The use of these products in architectural applications like windows, doors, and facades is on the rise due to their corrosion resistance, insulation properties, and modern aesthetics. Exports to neighboring countries and international markets contribute to the country's presence in the Europe & CIS Aluminium-Extruded Products Market.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Europe & CIS Aluminium-Extruded Products Market By Product Type (Mill-Finished, Anodized and Powder-Coated), By End-Use Industry (Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others), By Alloy Type (1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series), By Country, Competition Forecast & Opportunities, 2019-2029F”, has evaluated the future growth potential of Europe & CIS Aluminium-Extruded Products Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe & CIS Aluminium-Extruded Products Market.

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