Global Aluminum Extrusion Market, By Product (Shapes, Rods and Bars, Pipes and Tubes), Application (Automotive and Transportation, Building and Construction, Consumer Goods, Electrical and Energy, Others), Type (Mill-Finished, Anodized and Powder Coated), Alloy Type (1000 Series Aluminum Alloy, 2000 Aluminum Alloy, 3000 Aluminum Alloy, 5000 Aluminum Alloy, 6000 Aluminum Alloy and 7000 Aluminum Alloy), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The aluminum extrusion market is expected to witness market growth at a rate of 6.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aluminum extrusion market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the aluminum content in internal combustion is escalating the growth of aluminum extrusion market.
Aluminum extrusion can be described procedure utilized to convert aluminum alloys into objects with a standard cross-sectional profile for a broad range of implementations. The extrusion procedure generates the most of aluminium’s unique mixture of physical attributes. Its flexibility permits it to be easily cast and machined.
Major factors that are expected to boost the growth of the aluminum extrusion market in the forecast period are the rise in the governmental enticements to apply aluminum extrusions in building integrated photovoltaic (BIPVs). Furthermore, the rise in the development in the building and construction industry is further anticipated to propel the growth of the aluminum extrusion market. Moreover, increase in the need for infrastructure development, residential, and non-residential projects is further estimated to cushion the growth of the aluminum extrusion market. On the other hand, absence of the resolution of environmental and occupational hazards related with the mining of bauxite for aluminum extraction is further projected to impede the growth of the aluminum extrusion market in the timeline period.
In addition, the rise in the demand for electric vehicle that needed high aluminum extruded products will further provide potential opportunities for the growth of the aluminum extrusion market in the coming years. However, the accessibility of less expensive alternatives which might further challenge the growth of the aluminum extrusion market in the near future.
This aluminum extrusion market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aluminum extrusion market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aluminum Extrusion Market Scope and Market Size
The aluminum extrusion market is segmented on the basis of product, application, type and alloy type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the aluminum extrusion market is segmented into shapes, rods and bars, pipes and tubes.
- On the basis of application, the aluminum extrusion market is segmented into automotive and transportation, building and construction, consumer goods, electrical and energy, and others.
- On the basis of type, the aluminum extrusion market is segmented into mill-finished, anodized and powder coated.
- On the basis of alloy type, the aluminum extrusion market is segmented into 1000 series aluminum alloy, 2000 aluminum alloy, 3000 aluminum alloy, 5000 aluminum alloy, 6000 aluminum alloy and 7000 aluminum alloy.
Aluminum Extrusion Market Country Level Analysis
The aluminum extrusion market is analysed and market size, volume information is provided by country, product, application, type and alloy type as referenced above.
The countries covered in the aluminum extrusion market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific dominates the aluminum extrusion market due to the development building and construction industry. Furthermore, the change towards the acceptance of the green buildings in the advancing countries will further boost the growth of the aluminum extrusion market in the region during the forecast period. Europe is projected to observe significant amount of growth in the aluminum extrusion market due to the large automobile industry base. Moreover, the rise in the industrial consumption of extruded aluminum is further propel the growth of the aluminum extrusion market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aluminum Extrusion Market Share Analysis
The aluminum extrusion market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aluminum extrusion market.
The major players covered in the aluminum extrusion market report are Jindal Aluminum Limited, Arconic, Global Aluminum Pvt. Ltd., Century Aluminum Company, Novelis Aluminum, Constellium SE, Norsk Hydro ASA, TALCO ALUMINUM COMPANY, QALEX, Alex World Class Products Pvt. Ltd., AI Taiseer Aluminum Company, Alupco, Hulamin Extrusions, Balexco BAHRAIN ALUMINUM EXTRUSION COMPANY, YKK Corporation, Alco Corporation, Constellium, Gulf Extrusions Co., Norsk Hydro ASA, Bonnell Aluminum Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Aluminum Extrusion Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.