Aluminum Extrusion Market Demand, Trends and Competitive Landscape Forecast 2021-2027

[Aarti Ghodke]

 

Aluminum Extrusion Market size was valued at US$ 216 Bn. in 2020 and the total revenue is expected to grow at 14 % through 2021 to 2027, reaching nearly US$ 540 Bn.

 

Aluminum Extrusion Market Overview:

Aluminum Extrusion Market 2021 by Manufacturers, Regions, Type and Application, forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market's leading elements. This research approach was used to investigate the  Aluminum Extrusion market, and the results were logically presented in this report.

Aluminum Extrusion Market Scope:

 

Global Aluminum Extrusion Market, By Product

• Shapes
• Rods & Bars
• Pipes & Tubes
Global Aluminum Extrusion Market, By Application

• Building & Construction
• Automotive & Transportation
• Consumer Goods
• Electrical & Energy
• Others
Global Aluminum Extrusion Market, by Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America

Aluminum Extrusion Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors' product offers.

The qualitative and quantitative data in the  Aluminum Extrusion market report can assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. The research also highlights the competitive landscape of leading industry players as well as upcoming market trends.

PESTEL Analysis:

Maximize Market Research's report includes a PESTEL Analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the  Aluminum Extrusion market. Economic variables aid in the analysis of economic performance drivers that have an impact on the  Aluminum Extrusion market. Marketing analytics and tactics are aided by social elements. Understanding the impact of the surrounding environment and the influence of ecological concerns on the  Aluminum Extrusion market is aided by legal factors.

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Segmentation:

Aluminum extruded shapes ruled the market & accounted for a revenue share of 80.2% in 2019. Growing demand for extruded shapes from the building & construction, automotive, & consumer goods segments is a major factor powering the segment growth. The normally used shapes are angles, channels, & tubing. Common applications of these products in buildings contain windows, sliding doors, & railings. Aluminum extruded rods & bars have found usages in electrical transmission lines. Aluminum has 61 percent of the conductivity of copper while having only 30 percent of the copper weight, making it economical solution. The global electricity demand recorded a CAGR of 3.4 percent from 2000 to 2018. Increasing electricity demand, especially from developing economies, is likely to stimulate the demand for extruded rods & bars during the forecast period.

Aluminum extruded pipes & tubes are projected to expand at the fastest CAGR of 5.5percent, from 2029 to 2027, in terms of revenue. The increasing demand for aluminum pipes from heat exchangers owing to their high thermal conductivity is projected to be a significant factor for their development. Furthermore, development in the construction industry is likely to boost the demand for tubes.

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Key Players:

• Jindal Aluminium Limited
• Norsk Hydro ASA
• Century Aluminum
• Arconic
• Global Aluminium Pvt. Ltd.
• TALCO
• QALEX
• Novelis
• Constellium
• China Zhomgwang Holdings Limited
• Guang Ya AluminiumThe competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the  Aluminum Extrusion market to know the competition at both the domestic and levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.

In additional  Aluminum Extrusion Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.

Regional Analysis:

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of  Aluminum Extrusion market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

COVID-19 Impact Analysis on  Aluminum Extrusion Market:

COVID-19 has a thorough impact on the  Aluminum Extrusion market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the report presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the  Aluminum Extrusion market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.

Key Questions answered in the  Aluminum Extrusion Market Report are:

• Which product segment grabbed the largest share in the  Aluminum Extrusion market?
• How is the competitive scenario of the  Aluminum Extrusion market?
• Which are the key factors aiding the  Aluminum Extrusion market growth?
• Which region holds the maximum share in the  Aluminum Extrusion market?
• What will be the CAGR of the  Aluminum Extrusion market during the forecast period?
• Which application segment emerged as the leading segment in the  Aluminum Extrusion market?
• Which are the prominent players in the  Aluminum Extrusion market?
• What key trends are likely to emerge in the  Aluminum Extrusion market in the coming years?
• What will be the  Aluminum Extrusion market size by 2027?
• Which company held the largest share in the  Aluminum Extrusion market?

 

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