How different product segments will perform in the global aluminum extrusion market?

The global aluminum extrusion market is expected to grow at a CAGR of 3.88% during the forecast period. Based on the product, the global aluminum extrusion market has been segmented into mill-finished, anodized, and powder coated.

Mill-finished aluminum extruded products are mainly used in applications where the aesthetic appeal of the products is not essential. Mill-finished aluminum extruded products generally require surface treatment and finishing such as industrial etching, machining, and polishing. Due to the presence of die marks and lines on the surface of these products, they are widely used in the inner parts of automobiles, aircraft, and other interior decoration applications. Mill-finished profiles and products are more exposed to scratches and can be easily nicked during production, transportation, handling, and installation.

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Mill-finished aluminum- extruded products are economical compared to anodized and powder-coated aluminum- extruded products. Mill-finished aluminum- extruded products have applications primarily in the automotive, building and construction, and other industries. The flourishing the construction market in developing countries, along with the recovery of the real estate sector in developed countries, is expected to propel the growth of the mill-finished product segment of the global aluminum extrusion market during the forecast period.