Press release
India Aluminum Extrusion Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2024
India Aluminum Extrusion Market InsightsAccording to a report by Allied Market Research, the India aluminum extrusion market generated $1.3 billion in 2019 and is projected to reach $2.5 billion by 2027, with a CAGR of 8.3% from 2020 to 2027. This report provides an in-depth analysis of market trends, key strategies, segments, value chains, investment opportunities, and the competitive landscape.
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Market Drivers and Restraints
The growth of the India aluminum extrusion market is driven by the increasing demand for lightweight products in construction and the high corrosion resistance and durability of aluminum extrusions. However, the high initial costs are a significant restraint. On the bright side, the rise in demand for customized extrusions offers new growth opportunities.
For detailed Covid-19 impact analysis, visit Covid-19 Impact Analysis.
Market Segmentation
Product Type
- Mill-Finished: This segment held nearly three-fifths of the market share in 2019 and is expected to maintain its lead.
- Anodized: This segment is anticipated to register the highest CAGR of 9.5% from 2020 to 2027.
End User
- Building & Construction: Dominated the market with over three-fifths share in 2019 and is expected to retain its lead.
- Industrial: Expected to witness the highest CAGR of 11.7% during the forecast period.
Leading Market Players
Key players in the India aluminum extrusion market include:
- Arkema S.A.
- Celanese Corporation
- BASF SE
- Covestro AG
- Solvay SA
- Sabic
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/india-aluminum-extrusion-market-A10299
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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