Press release
Aluminium Extrusion Market: Industry Expected to Experience a Positive Growth till 2031 | Aluminum Products Company (ALUPCO), Arconic Corporation, Bahrain Aluminum Extrusion Co. (BALEXCO), Century Extrusions Ltd
Aluminium Extrusion Market || 2024-2031
DataM Intelligence has published a new research report on "Aluminium Extrusion Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Aluminum extrusion is a manufacturing process that involves shaping aluminum alloy material by forcing it through a die with a specific cross-sectional profile. This technique allows for the creation of a wide variety of shapes and sizes, from simple to complex designs, while maintaining the material's strength and lightweight properties. The extrusion process begins with heating the aluminum billets until they become malleable, after which they are pushed through the die using a hydraulic press. The resulting extruded aluminum products can be further processed through cutting, machining, or surface finishing to meet specific application requirements. Aluminum extrusion is widely used in various industries, including construction, automotive, aerospace, and consumer products, due to its versatility, durability, and excellent corrosion resistance.
Key Developments:
In August 2022, Norsk Hydro ASA, a Norwegian aluminum and renewable energy corporation, announced a NOK 300 million investment in a new automobile extrusion press at its facility in Tonder, Denmark. This investment aims to enhance service for the European automotive market by increasing production capacity and enabling the creation of larger cross-section extrusions.
In May 2022, Novelis Inc., an American industrial aluminum company, revealed plans to invest over USD 2.5 billion in Baldwin County, Alabama, to establish a new low-carbon recycling and rolling plant near Bay Minette.
In March 2022, Etem Gestamp, a joint venture formed by Etem and Gestamp focused on aluminum extrusion solutions, announced plans to invest EUR 60 million to expand its operations in Bulgaria, specifically for manufacturing electric vehicle (EV) components.
Research Process:
Both primary and secondary data sources have been used in the global Aluminium Extrusion Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Aluminium Extrusion Market:
Aluminum Products Company (ALUPCO), Arconic Corporation, Bahrain Aluminum Extrusion Co. (BALEXCO), Century Extrusions Ltd., Constellium, GALCO Group, Hindalco Industries Limited, Kaiser Aluminum, Jindal Aluminum Limited and China Zhongwang.
Segment Covered in the Aluminium Extrusion Market:
By Product Type: Pipes & Tubes, Bars & Rods, Shapes
By Alloy: 1000 Series Aluminum Alloy, 2000 Series Aluminum Alloy, 6000 Series Aluminum Alloy, Others
By Application: Building & Construction, Automotive & Transportation, Consumer Goods, Electrical & Energy, Others
Regional Analysis:
The global Aluminium Extrusion Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Aluminium Extrusion Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Aluminium Extrusion Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Aluminium Extrusion manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Aluminium Extrusion in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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The research study aims to address the following key questions:
➡What is the expected growth rate of the Aluminium Extrusion Market during the forecast period of 2031?
➡What key factors are driving the Aluminium Extrusion Market across various regions?
➡Who are the leading vendors in the Aluminium Extrusion industry, and what strategies contribute to their success?
➡What is the anticipated market scope for the projected period?
➡What major trends are influencing the industry's growth in the coming years?
➡What challenges does the Aluminium Extrusion Market face?
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