Aluminum Extrusion Market | Edition 2023

Douglas Insights

The market for aluminum extrusion is comprised of a large number of small and medium-sized companies. Alcoa, Hydro, Norsk Hydro, Rio Tinto, and Vale.

ISLE OF MAN, January 30, 2023 /EINPresswire.com/ — Aluminum Extrusion Market Value and CAGR

The Aluminum Extrusion market is anticipated to register a healthy CAGR of 6.30% during the review period to reach a market worth USD 115,761.53 Million by the end of 2030.

Extrusion is forcing aluminum through a die with the desired cross-sectional shape. The cooled aluminum can then be used for a variety of purposes. Aluminum extrusion is favored by numerous industries due to its lightweight, durability, and high corrosion resistance. Aluminum extrusion is a process by which aluminum is transformed into a desired shape by being pushed through a shaped opening in a die. The aluminum is heated to a temperature where it becomes soft and pliable, and then a hydraulic press is used to push the aluminum through the die to create the desired shape. The resulting aluminum extrusion can be used in a variety of applications, including the construction of buildings, the manufacture of automobiles, and the production of consumer goods.

Aluminum Extrusion Market Growth Drivers and Risks

There are several factors that can drive the growth of the aluminum extrusion market:

• Increasing demand for lightweight materials in the automotive and aerospace industries: Aluminum extrusions are used in the production of lightweight vehicles, which can help reduce fuel consumption and emissions.
• Growing construction industry: Aluminum extrusions are used in the construction industry for a variety of applications, including doors, windows, and curtain walls.
• Increasing demand for energy-efficient buildings: Aluminum extrusions can be used in the construction of energy-efficient buildings, as they are good thermal conductors and can help reduce energy costs.
There are also several risks that could potentially impact the growth of the aluminum extrusion market:
• Volatility in aluminum prices: Fluctuations in the price of aluminum can impact the demand for aluminum extrusions and affect the profitability of extrusion manufacturers.
• Competition from other materials: Aluminum extrusions may face competition from other materials, such as steel and plastics, which could impact demand.
• Environmental regulations: Stringent environmental regulations, particularly related to the production of aluminum, could impact the growth of the aluminum extrusion market.

Aluminum Extrusion Market Keyplayers

The market for aluminum extrusion is comprised of a large number of small and medium-sized companies. Alcoa, Hydro, Norsk Hydro, Rio Tinto, and Vale are the market’s leading competitors. These businesses hold a substantial portion of the global aluminum extrusion market. JW Aluminum, Kaiser Aluminum, Novelis, and Sapa are also significant market competitors.

Aluminum Extrusion Market Segmentations

By Product type
• Mill-finished
• Anodized
• Powder-coated

By Alloy Type
• 2000 Series Aluminum Alloy
• 3000 Series Aluminum Alloy
• 5000 Series Aluminum Alloy
• 6000 Series Aluminum Alloy
• 7000 Series Aluminum Alloy

By Application
• Building & Construction
• Automotive & Transportation
• Electrical and Electronics
• Consumer Goods
• Machinery

Reasons Why You Should Buy This Report

• The Aluminum Extrusion Market report is a compilation of data from different sources and has been put together in a way that makes it easy for the reader to understand.
• It covers a wide range of topics, including Aluminum Extrusion Market current trends, market size, and forecasted growth.
• The Aluminum Extrusion Market report provides valuable insights that can help you make informed decisions about your business. The data is accurate and up-to-date, so you can trust the information presented.
• This Aluminum Extrusion Market report is an excellent resource for business owners who are looking to gain an understanding of the market landscape and potential opportunities.
• It will help you identify growth sectors and predict future trends of Aluminum Extrusion Market

Check out the detailed TOC, Tables, and Figures with Charts for exclusive data, information, vital statistics, trends, and competitive landscape details – https://douglasinsights.com/aluminum-extrusion-market

Table of content

1 EXECUTIVE SUMMARY 19
1.1 MARKET ATTRACTIVENESS ANALYSIS 21
1.1.1 ALUMINUM EXTRUSION MARKET, BY PRODUCT TYPE 22
1.1.2 ALUMINUM EXTRUSION MARKET, BY ALLOY TYPE 23
1.1.3 ALUMINUM EXTRUSION MARKET, BY APPLICATION 24
1.1.4 ALUMINUM EXTRUSION MARKET, BY REGION 25

2 MARKET INTRODUCTION 26
2.1 DEFINITION 26
2.2 SCOPE OF THE STUDY 26
2.3 MARKET STRUCTURE 27

3 RESEARCH METHODOLOGY 28
3.1 RESEARCH PROCESS 28
3.2 PRIMARY RESEARCH 29
3.3 SECONDARY RESEARCH 30
3.4 MARKET SIZE ESTIMATION 31
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 31
3.6 FORECAST MODEL 32
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 33

4 MARKET DYNAMICS 34
4.1 INTRODUCTION 34
4.2 DRIVERS 35
4.2.1 RAPID URBANIZATION, ECONOMIC GROWTH, AND BOLSTERING INFRASTRUCTURAL PROJECTS 35
4.2.2 GROWING AEROSPACE & DEFENSE INDUSTRY 36
4.2.3 AUGMENTING PREFERENCE FOR ALUMINUM EXTRUSIONS OVER STEEL OWING TO OUTSTANDING PERFORMANCE 37
4.3 RESTRAINTS 39
4.3.1 RISING ENVIRONMENTAL CONCERNS DUE TO ALUMINUM EXTRACTION 39
4.4 OPPORTUNITIES 40
4.4.1 INCREASED ADOPTION OF ALUMINUM IN THE AUTOMOTIVE SECTOR 40
4.4.2 ROBUST PRODUCTION CAPABILITIES OF CHINA TO CREATE LUCRATIVE OPPORTUNITIES FOR ALUMINUM EXTRUDED PRODUCTS 41
4.5 CHALLENGES 43
4.5.1 VOLATILE ALUMINUM PRICES EXPECTED TO BE A SETBACK FOR MARKET GROWTH 43

5 MARKET FACTOR ANALYSIS 44
5.1 SUPPLY CHAIN ANALYSIS 44
5.1.1 RAW MATERIAL SUPPLIERS 44
5.1.2 ALUMINUM EXTRUSION MANUFACTURERS 45
5.1.3 DISTRIBUTION & SALES CHANNEL 45
5.1.4 END USE 45
5.2 PORTER’S FIVE FORCES ANALYSIS 46
5.2.1 THREAT OF NEW ENTRANTS 46
5.2.2 BARGAINING POWER OF SUPPLIERS 47
5.2.3 THREAT OF SUBSTITUTES 47
5.2.4 BARGAINING POWER OF BUYERS 47
5.2.5 INTENSITY OF RIVALRY 47
5.3 PRICING OVERVIEW, BY REGION, 2019–2021 (USD/TON) 48
5.3.1 FACTORS INFLUENCING PRICES 48
5.4 IMPACT OF COVID 19 OUTBREAK ON ALUMINUM EXTRUSION MARKET 48
5.4.1 SUPPLY-DEMAND SCENARIO 48
5.4.2 ECONOMIC BREAKDOWN 49

6 GLOBAL ALUMINUM EXTRUSION MARKET, BY PRODUCT TYPE 50
6.1 INTRODUCTION 50
6.2 MILL-FINISHED 52
6.3 ANODIZED 53
6.4 POWDER-COATED 54

Toc Continue………………………..

Access complete report- https://douglasinsights.com/aluminum-extrusion-market
Related Industry – https://douglasinsights.com/aluminum-extrusion-products-market
Follow Douglas Insights for More Industry Updates- @ LinkedIn & Twitter

About Douglas Insights-
Douglas Insights UK limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.

Office-
Bridge House, W Baldwin Rd,
Isle of Man IM4 5HA, Isle of Man
Email- isabella@douglasinsights.com
Telephone – +44 7624 248772
Web- douglasinsights.com/

Nimble Tech

Isabella Hawke
Douglas Insights
+ +44 7624 248772
email us here
Visit us on social media:
Twitter
LinkedIn