Global Aluminium-extruded Products Market By Product Type (Mill-Finished, Anodized and Powder-Coated), Alloy Type (1000 Series Aluminium Alloys, 2000 Series Aluminium Alloys, 3000 Series Aluminium Alloys, 5000 Series Aluminium Alloys, 6000 Series Aluminium Alloys and 7000 Series Aluminium Alloys), End User (Transportation and Logistics, Building and Construction, Automotive, Electrical and Electronics, Consumer Durables and Others), 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
Market Analysis and Insights of Aluminium-extruded Products Market
Data Bridge Market Research analyses that the aluminium-extruded products market will witness a CAGR of 4.22% in the forecast period of 2021-2028. Increased focus of the manufacturers on technological advancements in the aluminium industry and increasing application of aluminium-extruded products by the various end user verticals such as transportation and logistics, building and construction, automotive, electrical and electronics, consumer durables and others are the major factors attributable to the growth of the aluminium-extruded products market.
Aluminium is a metal that possess properties like sustainability, durability, flexibility and tensile strength. This is why aluminium is used for extrusion. Extrusion is a process that enables the production of cross-sectional profile in bulk quantities. The aluminium-extruded products are recyclable in nature. Moreover, these emit minimal harmful gases in the nature.
Increasing demand and value-added aluminium products that are recyclable in nature is the root cause fuelling up the aluminium-extruded products market growth rate. Growth and expansion of automobile industry and other end user verticals is another factor responsible for propelling growth in the aluminium-extruded products market value. Upsurge in the construction activities especially in the developing economies will further create lucrative growth opportunities for the aluminium-extruded products market. Attractive properties offered by aluminium-extruded products such as durability, flexibility, thermal conductivity, ductility, recyclability and malleability will further accelerate the market growth rate.
However, lack of awareness about aluminium-extruded products in the under developing economies will pose a major challenge to the growth rate of this market. High initial investment associated with aluminium-extruded products will further restrict the scope of growth for this market. Substitutes available in the market such as magnesium alloy over aluminium alloy will further derail the market growth rate.
This aluminium-extruded products 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 aluminium-extruded products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aluminium-extruded Products Market Scope and Market Size
The aluminium-extruded products market is segmented on the basis of product type, alloy type and end user. 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 market.
- On the basis of product type, the aluminium-extruded products market is segmented into mill-finished, anodized and powder-coated.
- On the basis of alloy type, the aluminium-extruded products market is segmented into 1000 series aluminium alloys, 2000 series aluminium alloys, 3000 series aluminium alloys, 5000 series aluminium alloys, 6000 series aluminium alloys and 7000 series aluminium alloys.
- On the basis of end user, the aluminium-extruded products market is segmented into transportation and logistics, building and construction, automotive, electrical and electronics, consumer durables and others.
Global Aluminium-extruded Products Market Country Level Analysis
The aluminium-extruded products market is analysed and market size, volume information is provided by country, product type, alloy type and end user as referenced above.
The countries covered in the aluminium-extruded products market report are 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 aluminium-extruded products market and will continue to flourish its trend of dominance during the forecast period as well. Emerging economies like India Japan, South Korea and China are the major contributors from this region owing to the economies rapidly undergoing economic changes. A well-established automobile industry in this region is generating lucrative growth opportunities for the aluminium-extruded products market. Growth and expansion of various end user verticals is also driving the market growth rate.
The country section of the aluminium-extruded products market 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 Aluminium-extruded Products Market Share Analysis
The aluminium-extruded products 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 aluminium-extruded products market.
The major players covered in the aluminium-extruded products market report are RusAL., Alcoa Corporation, Aluminium Corp, Rio Tinto, Vale, Freeport-McMoRan, BHP, Norsk Hydro ASA, Century Aluminum Company., China Hongqiao Group Limited, Aluminium Bahrain B.S.C. (Alba)., Hindalco Industries Ltd., Aditya Birla Management Corporation Pvt. Ltd., Gulf Extrusions Co. LLC., Constellium, Kaiser Aluminum, TALCO ALUMINIUM COMPANY, alupco, UACJ Corporation. and Indo Alusys Industries Limited 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.