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Aluminium Extruded Product Market worth $99.23 billion by 2030, growing at a CAGR of 7.32% - Exclusive Report by 360iResearch
Aluminium Extruded Product Market | 360iResearch
The Global Aluminium Extruded Product Market to grow from USD 56.35 billion in 2022 to USD 99.23 billion by 2030, at a CAGR of 7.32%.
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Aluminum extrusion is a well-established technique for making intricate forms and designs with aluminum alloys. This extrusion procedure includes forcing molten aluminum through a die to create a particular shape, which is then cooled and solidified. Aluminum extruded products have various shapes, including standard & custom shapes, structural & decorative shapes, and hollow & solid shapes. In recent years, rising construction activities and expanding automotive manufacturing are driving the demand for aluminum extruded products. Aluminum plays an essential role in the automotive industry owing to its reduced weight, which provides fuel efficiency. However, the high cost of an aluminum extrusion facility setup and certain limitations related to the aluminum extrusion process can hamper the market development. Aluminum extruded processes and products have undergone numerous advances and developments over the years, offering more efficient and cost-effective end products. In recent years the market has witnessed new technologies, such as 3D printing technology, nanostructured aluminum, and robotic technology, that enhance the extrusion process and produce improved extruded products.
The Americas showcase the significant landscape for the aluminum extruded product market owing to the large-scale end-user industries, such as aerospace and construction. In addition, the increasing trade of raw aluminum from Canada supports the growth of the aluminum extruded product market in the Americas. In Asia-Pacific, particularly in China and India, the substantial manufacturers of aluminum extruded products provide a positive landscape for market growth. The expanding automotive industries, rising electric vehicle manufacturing, and development in the electronics industry in the Asia-Pacific region increase the penetration potential for aluminum extruded products. The European government's support for lightweight, high-performance, and sustainable aluminum products propels the demand for aluminum extruded products.
Market Segmentation & Coverage:
This research report categorizes the Aluminium Extruded Product Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Anodized, Mill-Finished, and Powder-Coated. The Anodized commanded largest market share of 39.21% in 2022, followed by Mill-Finished.
Based on Alloy, market is studied across 1000 Series Aluminum, 2000 Series Aluminum Alloy, 3000 Series Aluminum Alloy, 4000 Series Aluminum Alloy, 5000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, and 7000 Series Aluminum Alloy. The 4000 Series Aluminum Alloy commanded largest market share of 21.23% in 2022, followed by 5000 Series Aluminum Alloy.
Based on End-User, market is studied across Aerospace, Automotive, Construction, Electrical & Electronic, and Transportation & Logistic. The Electrical & Electronic commanded largest market share of 30.57% in 2022, followed by Transportation & Logistic.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 36.97% in 2022, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Aluminium Extruded Product Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Aluminium Extruded Product Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Aluminium Extruded Product Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Alom Group, AluFab, Inc., Arconic Corp., Bahrain Aluminum Extrusion Company, BRT Extrusions, Inc., Capalex by Capital Aluminium Extrusions Limited, Central Aluminum Company, Century Extrusions Limited, China Zhongwang Holdings Limited, Constellium SE, Gabrian International Ltd., Global Aluminium Pvt. Ltd., GSH Industries, Gulf Extrusions Co. LLC, Hindalco Industries Limited, Impol 2000, d. d., Integrated Extrusion by United Integration, Jindal Aluminium Limited, Kaiser Aluminum Corporation, Maan Aluminium Ltd., Momentum Manufacturing Group, LLC, Norsk Hydro ASA, Padmawati Extrusion Pvt. Ltd., Penn Aluminum International LLC, PSI Industries, Inc., Qatar Industrial Manufacturing Company, Rio Tinto PLC, RusAL, Simmal Ltd., Source International, Superfine Group, Taber Extrusions LLC, Talan Products Inc., Talco Extrusion LLP, Tredegar Corporation, Wellste Aluminum, and Zahit Aluminium.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aluminium Extruded Product Market, by Product
7. Aluminium Extruded Product Market, by Alloy
8. Aluminium Extruded Product Market, by End-User
9. Americas Aluminium Extruded Product Market
10. Asia-Pacific Aluminium Extruded Product Market
11. Europe, Middle East & Africa Aluminium Extruded Product Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Aluminium Extruded Product Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aluminium Extruded Product Market?
3. What is the competitive strategic window for opportunities in the Aluminium Extruded Product Market?
4. What are the technology trends and regulatory frameworks in the Aluminium Extruded Product Market?
5. What is the market share of the leading vendors in the Aluminium Extruded Product Market?
6. What modes and strategic moves are considered suitable for entering the Aluminium Extruded Product Market?
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