Aluminium Extrusion Demand to Surge 2.3% CAGR Through 2035, Driven by EVs, Renewables and Data Centers
Global aluminium extrusion usage is projected to climb from 34.27 Mt in 2024 to 44.22 Mt by 2035, a 2.29% CAGR. Key growth drivers include electric vehicles, renewable energy infrastructure, electrical networks, data centres and advanced manufacturing, with China accounting for ~65% of current consumption and Asia‑Pacific expected to lead regional expansion.
Global aluminium extrusion usage is projected to climb from 34.27 Mt in 2024 to 44.22 Mt by 2035, a 2.29% CAGR. Key growth drivers include electric vehicles, renewable energy infrastructure, electrical networks, data centres and advanced manufacturing, with China accounting for ~65% of current consumption and Asia‑Pacific expected to lead regional expansion.
Over the next 12–18 months, the forecasted demand lift should support upward pressure on aluminium prices and billet costs, encouraging capacity expansion and higher margins in high‑value extrusion applications. Supply constraints in China and rising energy costs could temper growth in the short term.