Aluminum extrusion is a manufacturing process to achieve cross-sectional profiles which often offers more corrosion resistance and comes with high strength and light-weighting properties. The global Aluminium Extruded Products Market are expecting to gain benefit from market tailwinds and achieve 6.5% CAGR during the forecast period to reach a valuation of USD 68.5 billion. Market Research Future (MRFR) in their analysis reveals various possibilities that the market can explore for further growth.
The construction industry is one important segment that can inspire the growth of the global aluminum extruded product market. Its various application spaces such as skylights, rain screens, windows & doors, sunrooms, water collection systems, and others are going to help in the expansion of the market. The automotive industry is also expecting substantial head-up during the forecast period. Due to the global demand for low carbon emission, the request for the uptake of the aluminum extruded product market is increasing. However, its health hazards can dampen the global aluminum extruded product market prospect.
Request for Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3034
Segmental Analysis:
MRFR’s segmentation of the aluminum extruded products market is based on product type, alloy type, and end-use.
By product type, the aluminum extruded products market can be segmented into mill-finished, anodized, and powder-coated. The mill-finished segment was accounted for over 40% of the global market in 2017 and is deemed to record the fastest CAGR of 5.5% over the assessment period. The segment is gaining precedence due to product features such as high strength and cost-effectiveness of the mill-finished product. The automotive and construction industries are also triggering the market intake of the segment.
By alloy type, the aluminum extruded products market comprises 7000 series aluminum alloys, 5000 series aluminum alloys, 6000 series aluminum alloys, 2000 series aluminum alloys, 1000 series aluminum alloys, and 3000 series aluminum alloys. The 6000 series aluminum alloys segment has the upper hand in the market. It has 42% of the global market dominance (as of 2017) and was valued at USD 17,010 million. Features such as high strength, versatility, and superior corrosion resistance are providing substantial traction to the market.
By end-use, the aluminum extruded product's market consists of construction, automotive, transportation & logistics, electrical & electronics, and others. The construction segment held over 44% of the global market share in 2017 and it is expected to record 6.63% CAGR during the forecast period. Benefits such as structural integrity, soundproof properties, and low-cost are expected to ensure its market growth.
Regional Analysis:
MRFR’s take on the global aluminum extruded products market from a regional perspective includes namely, Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa (MEA).
The APAC market, with burgeoning industrial segments and extensive works going on in the residential sector, has captured a substantial amount of the global market. It was the frontrunner in 2017 with 63% of the total market share, and it can be the fastest growing one with around 7% CAGR during the forecast period. The automotive sector is expected to provide a substantial head start.
Europe is following the lead of the APAC with a projected market valuation of USD 9,756.5 million by the end of 2025. The robust automotive sector is providing considerable thrust to the regional market. The market in North America had control over 12.5% of the global share in 2017 and is expected to gather significant thrust during the forecast period.
Competitive Landscape:
Influential companies in the global aluminum extruded products market are implementing several strategies to grow individually and take the market ahead at the same time. These companies are China Zhongwang Holdings Limited (China), Hydro Extruded Solutions (Norway), Hindalco Industries Limited (India), Arconic (US), Century Extrusions Limited (India), QALEX (Qatar), Constellium (The Netherlands), Gulf Extrusions Co. LLC (UAE), Bonnell Aluminium (US), TALCO (India), and others.
In April 2019, Montenegros’ Uniprom D.O.O. started the construction of a new aluminum billet plants. This would incur around USD 17 million costs and the plant’s capacity would be around 70,000 tons per year. It would also set up a plant with foundry alloys production capacity of 30,000 tons. The second company would cost around USD 12 million.
Aluminum extrusions are known to have good sustainability, durability, flexibility and strength, due to which they are widely used in sectors like consumer durables, machinery, electrical, transportation, construction and others.
The extrusion process helps in making most of the physical characteristics of aluminium, giving products with good malleability that can be easily cast and machined.Global aluminum-extruded products market is expected to rise, registering a substantial CAGR of 6.7% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the technological advancements in the aluminum industry and growing demand from end-use industries.
Get Sample PDF (including COVID19 Impact Analysis) of Market Report @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aluminum-extruded-products-market Market Drivers and Restraints:Technological advancements in the aluminum industry; this factor will drive the market in the forecast periodGrowing demand of aluminum-extruded products from the end-use industries will also drive the market in near futureIncreasing demand for recycled and value-added aluminum products; this factor will also propel the marketRecyclable and corrosion-resistant nature of aluminum extrusion products will also drive the market in futureLow awareness about aluminum-extruded products; this factor will hamper the market to grow in near futureIncreased use of magnesium alloy over aluminum alloys, will act as a restraint for the market growthRequirement of high initial capital investments will also restrain the market in near futureThe major players covered in the Aluminum-Extruded Products Market Few of the major competitors currently working in the aluminum-extruded products market are RUSAL, Alcoa Corporation, Aluminum Corporation of China Limited, RIO Tinto PLC, BHP, Norsk Hydro ASA, Century Aluminum Company, China Hongqiao Group Limited, Aluminum Bahrain, Hindalco Industries Limited (a subsidiary of Aditya Birla Management Corporation Pvt.
MAJOR TOC OF THE REPORT Chapter One: Aluminum-Extruded Products Market Overview Chapter Two: Manufacturers Profiles Chapter Three: Global aluminum-extruded products Competition, by Players Chapter Four: Global aluminum-extruded products Size by Regions Chapter Five: North America aluminum-extruded products Revenue by Countries Chapter Six: Europe aluminum-extruded products Revenue by Countries Chapter Seven: Asia-Pacific aluminum-extruded products Revenue by Countries Chapter Eight: South America Aluminum-Extruded Products Market Revenue by Countries Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-extruded-products-marketKey Report HighlightsComprehensive pricing analysis based on different product types and regional segmentsMarket size data in terms of revenue and sales volumeDeep insights about regulatory and investment scenarios of the global aluminum-extruded productsAnalysis of market effect factors and their impact on the forecast and outlook of the aluminum-extruded products MarketThe detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the aluminum-extruded products MarketA roadmap of growth opportunities available in the global aluminum-extruded products Market with the identification of key factorsThe exhaustive analysis of various trends of the global aluminum-extruded products Market to help identify market developments Key Questions Answered in Report:What is the key to the aluminum-extruded products Market ?What will the aluminum-extruded products Demand and what will be Growth?What are the latest opportunities for aluminum-extruded products in the future?What are the strengths of the key players?Access Full Report @https://www.databridgemarketresearch.com/reports/global-aluminum-extruded-products-marketAbout Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact:Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected] Related Reports@Matting Agents MarketMedicinal Chemistry for Drug Discovery MarketMelamine Formaldehyde Market
The extrusion process helps in making most of the physical characteristics of aluminium, giving products with good malleability that can be easily cast and machined.Global aluminum-extruded products market is expected to rise, registering a substantial CAGR of 6.7% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the technological advancements in the aluminum industry and growing demand from end-use industries.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aluminum-extruded-products-marketCompetitive Analysis: Global Aluminum-Extruded Products MarketFew of the major competitors currently working in Global Aluminum-Extruded Products Market are RUSAL, Alcoa Corporation, Aluminum Corporation of China Limited, RIO Tinto PLC, BHP, Norsk Hydro ASA, Century Aluminum Company, China Hongqiao Group Limited, Aluminum Bahrain, Hindalco Industries Limited (a subsidiary of Aditya Birla Management Corporation Pvt.
Key Pointers Covered in the Global Aluminum-Extruded Products Market Trends and Forecast to 2026Global Aluminum-Extruded Products Market New Sales VolumesGlobal Aluminum-Extruded Products Market Replacement Sales VolumesGlobal Aluminum-Extruded Products Market Installed BaseGlobal Aluminum-Extruded Products Market By BrandsGlobal Aluminum-Extruded Products Market SizeGlobal Aluminum-Extruded Products Market Procedure VolumesGlobal Aluminum-Extruded Products Market Product Price AnalysisGlobal Aluminum-Extruded Products Market Healthcare OutcomesGlobal Aluminum-Extruded Products Market Cost of Care AnalysisGlobal Aluminum-Extruded Products Market Regulatory Framework and ChangesGlobal Aluminum-Extruded Products Market Prices and Reimbursement AnalysisGlobal Aluminum-Extruded Products Market Shares in Different RegionsRecent Developments for Global Aluminum-Extruded Products Market CompetitorsGlobal Aluminum-Extruded Products Market Upcoming ApplicationsGlobal Aluminum-Extruded Products Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-extruded-products-marketKey Developments in the Market:In February 2018, Patrick Industries, Inc., has acquired certain assets and business of Elkhart, Indiana-based Aluminum Metals Company, LLC, who is a manufacturer of aluminium products that includes extrusions, fabricated sheets, coil and others.
Such acquisition will help the company to penetrate more into the marketIn January 2018, Shape Corp., had signed an agreement to acquire Magnode, a manufacturer of aluminum extruders.
The acquisition will help the company to produce more products related to the marketMarket Drivers:Technological advancements in the aluminum industry; this factor will drive the market in the forecast periodGrowing demand of aluminum-extruded products from the end-use industries will also drive the market in near futureIncreasing demand for recycled and value-added aluminum products; this factor will also propel the marketRecyclable and corrosion-resistant nature of aluminum extrusion products will also drive the market in future Market Restraints:Low awareness about aluminum-extruded products; this factor will hamper the market to grow in near futureIncreased use of magnesium alloy over aluminum alloys, will act as a restraint for the market growthRequirement of high initial capital investments will also restrain the market in near future Inquire Before Buying: https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-aluminum-extruded-products-marketResearch Methodology: Global Industrial Services MarketData collection and base year analysis is done using data collection modules with large sample sizes.
The latest trending report Global Aluminum Extruded Products Market 2020 by Manufacturers Regions Type and Application Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Aluminum Extruded Products market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Aluminum Extruded Products industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Aluminum Extruded Products and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/21586-aluminum-extruded-products-market-analysis-reportThe major players covered in Aluminum Extruded Products are:Sapa ASTALCOHindalco IndustriesAlcoaGulf ExtrusionsConstelliumChina ZhongwangALUPCOKaiser AluminumAluminum of ChinaBy Type, Aluminum Extruded Products market has been segmented intoMill-finishedPowder-coatedAnodizedBy Application, Aluminum Extruded Products has been segmented into:ConstructionAutomotiveElectrical & ElectronicsMachinery & EquipmentOthersThe report offers in-depth assessment of the growth and other aspects of the Aluminum Extruded Products market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Aluminum Extruded Products Market @ https://www.decisiondatabases.com/contact/download-sample-21586The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Aluminum Extruded Products product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Aluminum Extruded Products, with price, sales, revenue and global market share of Aluminum Extruded Products in 2018 and 2019.Chapter 3, the Aluminum Extruded Products competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Aluminum Extruded Products breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Aluminum Extruded Products market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Aluminum Extruded Products sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Aluminum Extruded Products Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-21586Other Reports by DecisionDatabases.com:Global High Purity Aluminum Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Aluminum Plates Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Aluminum Drum Pump Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us: DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The extrusion process helps in making most of the physical characteristics of aluminium, giving products with good malleability that can be easily cast and machined.Global aluminum-extruded products market is expected to rise, registering a substantial CAGR of 6.7% in the forecast period of 2019-2026.
The rise in the market value can be attributed to the technological advancements in the aluminum industry and growing demand from end-use industries.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aluminum-extruded-products-marketCompetitive Analysis: Global Aluminum-Extruded Products MarketFew of the major competitors currently working in Global Aluminum-Extruded Products Market are RUSAL, Alcoa Corporation, Aluminum Corporation of China Limited, RIO Tinto PLC, BHP, Norsk Hydro ASA, Century Aluminum Company, China Hongqiao Group Limited, Aluminum Bahrain, Hindalco Industries Limited (a subsidiary of Aditya Birla Management Corporation Pvt.
Key Pointers Covered in the Global Aluminum-Extruded Products Market Trends and Forecast to 2026Global Aluminum-Extruded Products Market New Sales VolumesGlobal Aluminum-Extruded Products Market Replacement Sales VolumesGlobal Aluminum-Extruded Products Market Installed BaseGlobal Aluminum-Extruded Products Market By BrandsGlobal Aluminum-Extruded Products Market SizeGlobal Aluminum-Extruded Products Market Procedure VolumesGlobal Aluminum-Extruded Products Market Product Price AnalysisGlobal Aluminum-Extruded Products Market Healthcare OutcomesGlobal Aluminum-Extruded Products Market Cost of Care AnalysisGlobal Aluminum-Extruded Products Market Regulatory Framework and ChangesGlobal Aluminum-Extruded Products Market Prices and Reimbursement AnalysisGlobal Aluminum-Extruded Products Market Shares in Different RegionsRecent Developments for Global Aluminum-Extruded Products Market CompetitorsGlobal Aluminum-Extruded Products Market Upcoming ApplicationsGlobal Aluminum-Extruded Products Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-extruded-products-marketKey Developments in the Market:In February 2018, Patrick Industries, Inc., has acquired certain assets and business of Elkhart, Indiana-based Aluminum Metals Company, LLC, who is a manufacturer of aluminium products that includes extrusions, fabricated sheets, coil and others.
Such acquisition will help the company to penetrate more into the marketIn January 2018, Shape Corp., had signed an agreement to acquire Magnode, a manufacturer of aluminum extruders.
The acquisition will help the company to produce more products related to the marketMarket Drivers:Technological advancements in the aluminum industry; this factor will drive the market in the forecast periodGrowing demand of aluminum-extruded products from the end-use industries will also drive the market in near futureIncreasing demand for recycled and value-added aluminum products; this factor will also propel the marketRecyclable and corrosion-resistant nature of aluminum extrusion products will also drive the market in future Market Restraints:Low awareness about aluminum-extruded products; this factor will hamper the market to grow in near futureIncreased use of magnesium alloy over aluminum alloys, will act as a restraint for the market growthRequirement of high initial capital investments will also restrain the market in near future Inquire Before Buying: https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-aluminum-extruded-products-marketResearch Methodology: Global Industrial Services MarketData collection and base year analysis is done using data collection modules with large sample sizes.
