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A number of estimations and calculations have been included in the credible Aluminum Extrusions Market report by assuming definite base year and the historic year. The business report describes estimations of CAGR values, market drivers and market restraints about the Aluminum Extrusions Market industry which is helpful for businesses in deciding upon numerous strategies. With this market document, effectively gain a holistic view of the market and benchmark all the companies in the Aluminum Extrusions Market industry. To win the competition in the global market place, going for the global Aluminum Extrusions Market research report is necessary. The market report makes organization armed with information produced by sound research methods.
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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 |
|
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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Table of Contents for a Aluminum Extrusions Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Aluminum Extrusions Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Aluminum Extrusions Market Overview
- Aluminum Extrusions Market Trends and Insights
- Aluminum Extrusions Market Overview
- Aluminum Extrusions Market Definition
- Aluminum Extrusions Market Segmentation
- Aluminum Extrusions Market Size and Growth Rate
- Aluminum Extrusions Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Aluminum Extrusions Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Aluminum Extrusions Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Aluminum Extrusions Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-extrusions-market
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