"An international Aluminum Extrusions Market report is an excellent report that makes it possible to the Aluminum Extrusions Market industry to take strategic decisions and achieve growth objectives. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. This report also provides the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The complete Aluminum Extrusions Market report helps Aluminum Extrusions Market industry to divulge the best market opportunities and look after proficient information to efficiently climb the ladder of success.
With the latest and updated market insights mentioned in the persuasive Aluminum Extrusions Market report, businesses can concentrate to enhance their marketing, promotional and sales strategies. This market research report uncovers the general market conditions, trends, inclinations, key players, opportunities, geographical analysis and many other parameters that helps drive the business into right direction. All the data and statistics provided in this market report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter's Five Forces Analysis. Aluminum Extrusions Market report potentially presents with the numerous insights and business solutions that will help business stay ahead of the competition.
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Market Analysis and Size
Aluminum extrudes are a cost-effective, lightweight, corrosion-resistant material that requires little maintenance and has paramagnetic properties, making them a popular alternative to traditional aluminium products. They are widely used in a variety of industries, including building and construction, transportation, machinery and equipment, consumer durables, electrical, and so on.
Data Bridge Market Research analyses that the aluminum extrusions market was valued at USD 169.99 billion in 2021 and is expected to reach the value of USD 253.07 billion by 2029, at a CAGR of 5.10% during the forecast period of 2022 to 2029.
Market Definition
Aluminum extrusion is the process of shaping aluminium using a dye with a shaped opening. A ram pushes the aluminium product through the dye shape during the extrusion process, and it emerges with the same shape as the dye. After the extruded products have cooled, they are transferred to a stretcher to ensure that they are perfectly straight.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Product (Shapes, Rods and Bars, Pipes and Tubes), Type (Mill Finished, Anodized, Powder Coated), Alloy Type (1000 Series Aluminum Alloy, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, 7000 Series Aluminum Alloy), End-Use Industry (Building and Construction, Transportation, Machinery and Equipment, Consumer Durables, Electrical, Others) |
| Countries Covered | U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
| Market Players Covered | RUSAL (Russia), CONSTANTIA (Austria), China Hongqiao Group Limited (China), Amcor plc (Switzerland), Coppice Alupack Ltd. (UK), Tetra Pak International S.A. (Switzerland), Arnold Magnetic Technologies (US), Zenith Alluminio Srl (Italy), Eurofoil (Luxembourg), TOYO ALUMINIUM K.K. (Japan), Hindalco Industries Ltd. (India), Danpak (Pakistan), Plus Pack AS (Denmark), Southern Aluminium Industry (China) Co.,Ltd (China), Alfipa (Germany), Wrisco Industries Inc. (US), PECTEC Corporation (US) |
| Opportunities |
|
Aluminum Extrusions Market Dynamics
Drivers
- Increasing demand from the construction industry
One of the key factors driving market growth is the increased construction of green buildings. Green buildings are environmentally friendly, energy-efficient, and have low carbon-emissions, which is why they are increasingly being built around the world. Extruded aluminium is in high demand in the construction industry because it is widely used in the manufacture of windows and doors in these buildings.
- The expansion of automotive industry provides growth opportunities
Another factor contributing to market growth is the expanding automotive sector. Extruded aluminium is used in the fabrication of various aluminium-made parts in automobiles due to its light weight. Furthermore, because of their high malleability, aluminium extrudes can be moulded into a variety of shapes without expending a lot of energy, increasing their demand for industrial applications. Furthermore, automobile manufacturers are under increasing pressure to comply with regulatory requirements pertaining to vehicle environmental impact.
Opportunity
Extruded aluminium’s high corrosion resistance is expected to drive demand in the electrical, electronics, and medical sectors. Unlike steel and iron, such extrusions are highly resistant to corrosion due to a thick layer of aluminium oxide after anodizing or powder coating. This results in lower maintenance costs for a variety of industrial products. The rise in demand for flexible design is expected to open up lucrative opportunities for aluminium extrusion market participants. Aluminium extrusion allows industry players to produce a diverse range of extruded products in a variety of shapes and sizes on the same equipment.
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Regions Covered in the Global Aluminum Extrusions Market Report 2023:
? The Middle East and Africa (GCC Countries and Egypt)
? North America (the United States, Mexico, and Canada)
? South America (Brazil etc.)
? Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
? Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The key questions answered in this Aluminum Extrusions Market Report:
- What will be the Aluminum Extrusions Market Size and Growth Rate in the forecast year?
- What are the Key Factors driving Aluminum Extrusions Market?
- What are the Risks and Challenges in front of the Aluminum Extrusions Market?
- Who are the Key Vendors in Aluminum Extrusions Market?
- What are the Trending Factors influencing the Aluminum Extrusions Market shares?
- What are the Key Outcomes of Porter's five forces model?
- Which are the Global Opportunities for Expanding the Aluminum Extrusions Market?
Table of Contents
Global Aluminum Extrusions Market Research Report 2023 - 2029
Chapter 1 Aluminum Extrusions Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Aluminum Extrusions Market Forecast
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-extrusions-market
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