openPR Logo
Press release

Global Aluminum Extrusion Market Report 2020: Industry Growth, Size, Share and Forecast By 2025

10-15-2020 06:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Global Aluminum Extrusion Market

Global Aluminum Extrusion Market

According to the latest report by IMARC Group, titled “Aluminum Extrusion Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global aluminum extrusion market size reached 20.3 Million Tons in 2019. Aluminum extrusion refers to the process of transforming aluminum alloys into a specific shape with the help of a cross-sectional die. The extruded alloy is exceptionally light in weight and has a smooth surface finish that can be further buffed, polished, painted or powder-coated for diverse applications. The alloys are highly malleable in nature with high ductility and good electrical and thermal conductivity. Since extruded aluminum is very stable and durable in nature, it can be recycled numerous times without losing its integrity. Owing to the several benefits offered by the alloys, they form an essential component across the electrical, automotive, transportation, consumer durables and construction industries.

Request for a free sample copy of this report: https://www.imarcgroup.com/aluminium-extrusion-market/requestsample

Global Aluminum Extrusion Market Trends:

The global market is primarily driven by increasing green construction across the globe. There has been an increase in the utilization of eco-friendly and energy-efficient construction materials with improved structural strength and low maintenance requirements, which is boosting the sales of extruded aluminum. These aluminum alloys meet the green building standards of numerous countries, and the Leadership in Energy and Environmental Design (LEED), which has led to their widespread utilization for the construction of doors, windows and panels across various ongoing projects. The market is further driven by the rising demand for extruded aluminum from the automotive industry. Manufacturers are utilizing the metal for designing key automobile components to reduce the overall weight, which, in helps improve fuel efficiency and reduce greenhouse gas emissions. This is further supported by the numerous initiatives undertaken by various governments to promote the use of eco-friendly vehicles. However, the overall demand for extruded aluminum has experienced a significant downfall due to the sudden outbreak of the novel coronavirus disease (COVID-19) across the globe. The deaccelerating growth of the construction industry is also expected to negatively impact the market growth. On account of the aforementioned factors, the market is expected to witness steady growth during 2020-2025.

Buy full report with table of contents: https://www.imarcgroup.com/aluminium-extrusion-market

Key Market Segmentation:

Market Breakup by End-User:

1. Building and Construction
2. Transportation
3. Machinery and Equipment
4. Consumer Durables
5. Electrical
6. Others

Based on the end user, the market has been segmented into building and construction, transportation, machinery and equipment, consumer durables, electrical and others. The building and construction segment currently accounts for the majority of the total market share.

Market Breakup by Alloy Type:

1. 1000 Series Aluminum Alloy
2. 2000 Series Aluminum Alloy
3. 3000 Series Aluminum Alloy
4. 5000 Series Aluminum Alloy
5. 6000 Series Aluminum Alloy
6. 7000 Series Aluminum Alloy

On the basis of the alloy type, the market has been divided into 1000, 2000, 3000, 5000, 6000 and 7000 series aluminum alloys. Among these, the 6000 series alloy exhibits a clear dominance in the market.

Market Breakup by Product Type:

1. Mill Finished
2. Anodized
3. Powder Coated

Based on the product type, the market has been categorized into mill finished, anodized and powder coated. At present, mill finished represents the leading segment.

Market Breakup by Region:

1. North America
2. Asia Pacific
3. Europe
4. Latin America
5. Middle East and Africa

Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.

Competitive Landscape:

The competitive landscape of the market has also been studied in the report with the detailed profiles of the key players operating in the market.

Note- If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Aluminum Extrusion Market Report 2020: Industry Growth, Size, Share and Forecast By 2025 here

News-ID: 2161246 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Aluminum

New Aluminum Material-Aluminum Foam Application Summary
Aluminum Foam [https://www.beihaicomposite.com/aluminum-foam-tag/] Characteristics Ultra-lightness The density is 0.2~0.4g/cm3, which is about 1/10 of the density of aluminum, 1/20 of the density of titaNium, 1/30 of the density of steel, 1/30 of the density of steel, and 1/3 of the density of wood. Sound Absorbability Aluminum foam [https://www.beihaicomposite.com/about-us/] can be used to muffle and reduce noise by absorbing sound energy through the vibration of the pores' walls. Heat resistance It has high heat resistance; the general
5083 medium-thick aluminum plate 5083 marine aluminum plate 5083 automotive alum …
5083 aluminum plate(https://www.mingtai-al.com/5083-Aluminum-Sheet.html) is a typical aluminum-magnesium alloy with light weight and high strength. With its excellent performance, it can be widely used in many industries such as automobile manufacturing, shipbuilding and rail transportation. With the vigorous development of lightweight, the demand for 5083 medium-thick aluminum plate in aluminum tank trucks and marine aluminum plates has increased. 5083 medium-thick aluminum plate-5083 marine aluminum plate-5083 automotive aluminum plate manufacturer introduction In recent years,
Yocon Aluminum Announces Availability of 3003 Aluminum Coil
Yocon Aluminum, a leading supplier of aluminum coil products in China, today announced the availability of 3003 aluminum coil. The company's new product is made from high-quality, mill-finished 3003 alloy and features excellent formability, weldability, and corrosion resistance. It is ideally suited for a wide range of applications in the transportation, construction, and industrial markets. With its outstanding properties, 3003 aluminum coil is quickly becoming a preferred choice for customers
Yocon Aluminum china factory offers 3003 Aluminum Coil
Yocon Aluminum china factory is proud to offer 3003 aluminum coil. This high-quality product is perfect for a variety of applications, and we are confident that you will be satisfied with its performance. We are committed to providing our customers with the best products and services possible, and we look forward to helping you meet your needs. Contact us today to learn more about our 3003 aluminum coil! In an effort
Yocon Aluminum Supplies Aluminum Foil Coils for Major Appliances
Yocon Aluminum, a leading manufacturer and supplier of aluminum foil coils, has announced that they are now supplying major appliance manufacturers with their high-quality aluminum foil coils. With over forty years of experience in the industry, Yocon Aluminum is known for their dedication to quality and customer satisfaction. Their products are used in a variety of applications, including air conditioners, refrigerators, and freezers. When it comes to choosing a supplier
Aluminum Frp Market Size, Status and Global Outlook 2021-Shandong Nanshan Alumin …
The MarketInsightsReports has published the obtainability of a new statistical data to its repository titled as, Aluminum Frp market. The comprehensive report provides useful insights into Market growth, revenue, and market trends, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.