Aluminum Tube Market Size, Share, Growth, And Industry Analysis By Type (Seamless Aluminum Tube, Welded Aluminum Tube) By Application (Automotive, Aerospace and Military, Construction, HVAC and Refrigeration and others), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Aluminum Tube Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global aluminum tube market size was USD 14900 million in 2022 and market is expected to reach USD 23713.47 million in 2031, exhibiting a Compound annual growth rate (CAGR) of 5.3% during the forecast period.

Tubes are defined as hollow semi-finished products with a uniform cross-section over the total length, which are supplied in straight lengths or coils. Aluminum is lightweight and highly resistant to corrosion. which makes it ideal for use in outdoor products. The most common aluminum alloys for pipes and tubes are 2024, 3003, 5052, 6061, and 7075. Aluminum is very good at absorbing heat in aluminum tubes, making it ideal for temperature control applications such as refrigerators, solar power, and air conditioners.

Multiple industrial applications for aluminum tubes can be found in consumer goods, general merchandise, machine parts, automotive, and manufacturing is set to increase the aluminum tube market size. Since aluminum only accounts for approximately 1% of the weight of steel, suppliers value its strength. The efficient use of aluminum tubes benefits numerous buildings because of its adaptable combination of strength and flexibility.

COVID-19 Impact: Production Halted Due To Severe Lockdown Restrictions

Globally, the COVID-19 pandemic's consequences are already being felt, and the cubicles and partitions business was considerably affected. Multiple markets were negatively impacted by the COVID-19 epidemic. Lockdowns were implemented in several nations. The abrupt outbreak caused difficulties in many different kinds of enterprises. The pharmaceutical industry was one among the numerous sectors affected by the pandemic's severe restrictions. The demand for aluminum tube was impacted by low or stopped manufacturing of consumer products, machinery, and automobile parts.

Latest Trends

"Market Share To Expand Due To Application In Pharmaceutical And Cosmetic Industry"

The aluminum tube market is forecasted to grow as they are engaged in larger quantities of haircare, skincare, makeup, and other products manufactured in aluminum tubes, thereby making extensive use of aluminum tubes in the cosmetics sector. These tubes are typically produced with a flip-top cap or in a twisted shape. The market is expanding as a result of its explosive use in the cosmetics sector. The demand for aluminum tubes is growing more and more in the cosmetic and dental care industries as they may be used to protect inside products from the mist, dust, UV rays, and other hazardous environmental elements. In the medical field, aluminum tubing is used in bed frames, crutches, folding stretchers, and wheelchair frames.

Aluminum Tube Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into Seamless Aluminum Tube and Welded Aluminum Tube. Seamless aluminum tube is the leading segment by type.

• By Application Analysis

Based on application, the market can be divided into Automotive, Aerospace and Military, Construction, HVAC and Refrigeration and others. By the application type, the automotive segment is the leading segment.

Driving Factors

"Light-Weight, Flexible, Durability Of Aluminum Tubes To Extend Its Market Share"

Aluminum tubes have a higher capacity of tubing per weight purchased than steel due to their lightweight. The lightweight tube material is advantageous for many goods, especially those that need some degree of mobility, such as wheelchairs, and patio furniture. The aluminum square tube alloy 6061 is used by manufacturers for a variety of medium- to high-strength applications due to its improved weldability and outstanding corrosion resistance. The aluminum tube is a versatile material that offers flexibility and durability in addition to being lightweight, affordable, highly conductive, corrosion-resistant, and ecologically benign.

"Corrosion Resistance Of Aluminum To Make It Suitable For Industrial Application"

A diverse array of aviation and commercial industrial uses, such as those for healthcare, leisure, and machine parts, are using aluminum tubing, which would contribute to the aluminum tube market growth. The least priced sort of aluminum tube is also that one to utilize. Due to the passivation process, aluminum's low density and ability to resist corrosion make it special. In addition to being important in the building and automotive industries, aluminum and its alloys are crucial to the aircraft industry. The least priced sort of aluminum tube is also that one to utilize.

Restraining Factors

"The Relative Lower Strength Of Aluminum To Affect The Growth Of The Market"

Although, the strength of steel’s trade-off is that steel is much heavier and denser than aluminum. Whilst aluminum is recognized for its malleability, this particular trait can also work against it. In comparison to steel, it is more prone to being scratched and damaged. Under any weight, strain, or heat, steel is robust and unlikely to twist, distort, or bend. This flaw in aluminum could reduce aluminum tube market share.

Aluminum Tube Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"Europe To Dominate Due To Increasing Adoption Of Inventive And Sustainable Packaging Solutions"

The majority of the market share in the global aluminum tubes market is accounted for by the Europe region. Because the pharmaceutical and cosmetics industries are increasingly adopting creative and sustainable packaging solutions, this region's industry is expected to account for a sizeable portion of global sales. In the global market, North America obtained the second-best market share. Given the growing need for easy packaging solutions across numerous industries, including personal care, cosmetics, and pharmaceuticals, the area will experience considerable expansion over the forecast period.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by collaborating with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Norsk Hydro (Norway)
• Zhongwang Aluminum (China)
• Constellium (France)
• KUMZ (Russia)
• Chalco (China)
• Kaiser Aluminum (U.S.)
• Apalt (Hong Kong)
• UACJ (Japan)
• Jingmei Aluminum (China)
• Hastings Irrigation Pipe (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.