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Global Aluminum Extruded Products Market: Highlights On Future Development

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ResearchMoz present a comprehensive research report namely “Global Aluminum Extruded Products Market Insights, Forecast to 2025” which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.

This report researches the worldwide Aluminum Extruded Products market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

This study categorizes the global Aluminum Extruded Products breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Aluminum extrusion is a technique used to transform aluminum alloy into objects with a definitive cross-sectional profile for a wide range of uses. The extrusion process makes the most of aluminums unique combination of physical characteristics. Its malleability allows it to be easily machined and cast, and yet aluminum is one third the density and stiffness of steel so the resulting products offer strength and stability, particularly when alloyed with other metals.

The market for aluminum-extruded products is growing due to increase in demand from end-use industries such as construction, machinery & equipment, automotive, and mass transport. The growth of this market is fueled by the growth of its end-use industries. Along with the same, the rise in demand for sustainable & recyclable aluminum material has fueled the market for aluminum-extruded products. Emerging economies such as India, South Africa, Brazil, and oil-centric GCC (Gulf Cooperation Countries) possess a great potential for the aluminum-extruded products market.

Based on end-users, the automotive sector is expected to grow rapidly with the boom in the automotive industry and the increase in the use of Aluminum Extruded products by the automotive manufacturers. The increasing concern of the automobile users for greenhouse gas emissions is also contributing to the growth of the market. The growth of automotive sector in the Aluminum Extruded Products is also expected to be due to factors such as increasing emphasis on the lightweight cars and the introduction of various government initiatives for encouragement of foreign direct investments.

China presently accounts for more 40 per cent of the global market share. During the forecast period it is expected to grow at a rate of 8 per cent. The increase in industrial consumption of extruded aluminium will drive the market in China.

India is a fledgling market for aluminium extrusions. Current per capita consumption of aluminium extrusion here is amongst the lowest in the world. But the country holds immense potential. Indias infrastructure is undergoing a major overhaul. Smart cities are coming up; metro railway networks are being built across Tier 1 cities. And with the recent onslaughts of e-commerce, preferences of contemporary urban Indians are changing day in and day out. To keep pace with these changing socio-economic trends, core and ancillary industries such as aluminium extrusions are bringing out solutions that are global in their concepts, yet perfectly fitted for the local usage. It seems Indian aluminium makers are finally repositioning themselves in the global value chain. This was much needed given the cyclicality of aluminium business, capacity built-up from time to time, and price volatility. With the Central government betting big on Make in India, more aluminium extrusion manufacturers and suppliers are expected come on stream with the vision to grow through planned investment and strategic expansion.

Aluminium extrusion market worldwide is highly fragmented with only a handful of big players dominating the spectrum. Among the top aluminium extruders are the brands like Alcoa, Hindalco-Novelis, Hydro-Sapa, Gulf Extrusion, EGA, Constellium, and Kaiser Aluminum. With demand for aluminium extrusion products growing stronger, more manufacturers and suppliers are expected to join the league. For that to happen a more conducive international trade environment is needed where there will be fair competition and faster adoption of technology across the borders.

Global Aluminum Extruded Products market size will increase to 110700 Million US$ by 2025, from 70500 Million US$ in 2017, at a CAGR of 5.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aluminum Extruded Products.

This report focuses on the top manufacturers’ Aluminum Extruded Products capacity, production, value, price and market share of Aluminum Extruded Products in global market.

The following manufacturers are covered in this report:

  • Sapa AS
  • Alcoa
  • Constellium
  • Hindalco Industries
  • Kaiser Aluminum
  • ALUPCO
  • Gulf Extrusions
  • TALCO
  • Aluminum Corporation of China
  • China Zhongwang

Aluminum Extruded Products Breakdown Data by Type

  • Mill-finished
  • Powder-coated
  • Anodized

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Aluminum Extruded Products Breakdown Data by Application

  • Construction
  • Automotive
  • Electrical & Electronics
  • Machinery & Equipment
  • Others

Market Segment by Regions, regional analysis covers

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
  • Asia Pacific (China, Japan, India, Southeast Asia and Australia)
  • Latin America (Brazil, Argentina and Colombia)
  • Middle East and Africa

Scope of the Market: This report focuses on the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

Research objectives:

  • To study and estimate the market size of Aluminum Extruded Products Market, in terms of value.
  • To find growth and challenges for the global market.
  • To study worthwhile expansions such as expansions, new services launches in Global Aluminum Extruded Products Market.
  • To conduct the pricing analysis for the global market.
  • To classify and assess the side view of important companies of Global Aluminum Extruded Products Market.

Global Aluminum Extruded Products Market Report gives answers to Following Vital Questions:

  1. What are the risks associated with the sourcing of raw material, or holding the line on costs of services?
  2. Who are the emerging competitors in the Global Aluminum Extruded Products Market?
  3. Expected percentage of the Global Aluminum Extruded Products Market Growth over the upcoming period?
  4. Why does Global Aluminum Extruded Products Market have high growth potential?
  5. How does this report match with Investment Policy Statement?

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This post was originally published on Raleigh Recorder