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Aluminum Extrusion Market Estimated Growth Curve, Trends, Size, Share And Analysis Report 2023-2032
Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market ReportsThe Business Research Company's latest "Global Aluminum Extrusion Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global aluminum extrusion market reached a value of nearly $83,909.1 million in 2022, having grown at a compound annual growth rate (CAGR) of 2.9% since 2017. The market is expected to grow from $83,909.1 million in 2022 to $105,472.0 million in 2027 at a rate of 4.7%. The market is then expected to grow at a CAGR of 6.1% from 2027 and reach $142,110.1 million in 2032.
Major trends influencing the aluminum extrusion market include:
Product Innovations
Aluminum extrusion companies are focusing on product innovations and developing new product solutions to strengthen their position in the market. For example, in November 2022, Stormtech, an Australian architectural drainage designer and manufacturer, launched aluminum grate drainage solution. Developed and produced in Australia using Australian components, the new anodized aluminum drainage system features a unique wave pattern. Further, in October 2022, Hindalco Industries, an Indian aluminum and copper manufacturing company, launched India's first all-aluminum freight rail wagons. The new aluminum train wagons are made from high-strength aluminum alloy plate and extrusions. The new generation of wagons are 180 tones lighter than existing steel versions and will consume less energy, as well as being corrosion-resistant and recyclable at the end of their useful lives.
Aluminum Extrusion Market Segmentation:
By Product Type -
The aluminum extrusion market is segmented by product type into
a) Mill Finished
b) Anodized
c) Powder Coated
By Alloy Type -
The aluminum extrusion market is also segmented by alloy type into
a) 1000 Series Aluminum Alloy
b) 2000 Series Aluminum Alloy
c) 3000 Series Aluminum Alloy
d) 4000 Series Aluminum Alloy
e) 5000 Series Aluminum Alloy
f) 6000 Series Aluminum Alloy
g) 7000 Series Aluminum Alloy
By End-Use -
The aluminum extrusion market is also segmented by end-use into
a) Building And Construction
b) Transportation
c) Machinery And Equipment
d) Consumer Durables
e) Electrical
f) Other End Users
Some of the key players involved in the Aluminum Extrusion market are Norsk Hydro ASA, UACJ Corporation, Constellium N. V.,Kaiser Aluminum, Hindalco Industries Ltd.
The regions covered in the globalAluminum Extrusion market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
………
20. Company Profiles
21. Key Mergers And Acquisitions
22. Opportunities And Strategies
23. Aluminum Extrusion Market, Conclusions And Recommendations
24. Appendix
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