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Aluminum Extrusion Market

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The research report on Aluminum Extrusion Market is segmented by Product Type, by Product Finishing, by End-use Industry, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Aluminum Extrusion Market Size, Share and Analysis 2019
- 2027
Aluminum extrusion is a technique used for transforming alloys of aluminum
into different objects with a definite cross-sectional profile for a wide range of
applications such as automotive chassis, poles, bridges, rail track, door &
window profiles, curtain walls, heat exchangers, machinery components, and
others. Aluminum extrusions are recyclable with zero hazardous gas emission
during the process.
Market Dynamics:Demand for aluminum is rapidly increasing in end-use industries such as
automotive, building & construction, and electrical & electronics, owing to
superior performance offered by aluminum over steel, and other metals.
Furthermore, aluminum extrusion offers advantages such as light weight,
recyclability, and corrosion resistant are expected to drive demand for
aluminum extrusion in various end-industries. These factors are expected to
drive growth of the aluminum extrusion market over the forecast period.
Moreover, growing end-use industries is expected to act as a major driver for
growth of the aluminum extrusion market over the forecast period. Aluminum
extrusion find its applications in structural support to roofing system, elevator
shafts, stairwells and others in construction industry. According to the India
Brand Equity Foundation (IBEF), Indian real estate industry was valued at US$
120 billion in 2017 and is expected to reach US$ 1 trillion by end of 2030.
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However, volatility in aluminum prices is expected to hamper growth of the
aluminum extrusion market over the forecast period, owing to fluctuations in
raw material prices affecting the margin of aluminum extrusion manufacturers
and cost at which consumers or end-users procure finished product.
Key Players:Major players operating in the global aluminum extrusion market include
Hindalco Industries, Jindal Aluminum Limited, China Zhongwang Holdings
Limited, Constellium N.V., Hydro Extrusions, Arconic Inc., Gulf Extrusions
Co. (LLC), TALCO Aluminium Company, Bahrain Aluminium Extrusion Co.
(Balexco), Zahit Aluminium and Qatar Aluminium Extrusion Company, and
others
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pallavi.reddy
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