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India Aluminum Extrusion Market Growth, Size, Share and Future Scope Analysis Report 2027

11-20-2024 11:22 AM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

India Aluminum Extrusion Market

India Aluminum Extrusion Market

The India aluminum extrusion market, valued at $1.3 billion in 2019, is projected to grow significantly, reaching $2.5 billion by 2027, driven by a compound annual growth rate (CAGR) of 8.3% from 2020 to 2027. The market's expansion is primarily fueled by increased demand for lightweight products in construction activities, as well as the material's high corrosion resistance and durability. Despite this growth, the market faces challenges, such as high initial costs, which may hinder its overall development. However, the growing demand for customized aluminum extrusion presents new growth opportunities in the coming years.

𝐃𝐨𝐰𝐧π₯𝐨𝐚𝐝 π’πšπ¦π©π₯𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 π‘πžπ¬πžπšπ«πœπ‘ 𝐎𝐯𝐞𝐫𝐯𝐒𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A10299

The report provides a comprehensive analysis of the evolving market trends, competitive landscape, key segments, and investment opportunities.

Market Segmentation:

Product Type: The mill-finished segment accounted for the largest market share in 2019, making up nearly three-fifths of the total market. This segment is expected to maintain its market leadership through 2027. On the other hand, the anodized segment is forecast to experience the highest CAGR of 9.5% during the same period.

End-User Industry: In 2019, the building and construction sector led the market, contributing to over three-fifths of the total market share, a trend expected to continue. Meanwhile, the industrial sector is anticipated to exhibit the largest CAGR of 11.7% from 2020 to 2027.

Key Players: The leading companies in the India aluminum extrusion market include Arkema S.A., Celanese Corporation, BASF SE, Covestro AG, Solvay SA, and Sabic, who play a pivotal role in shaping market dynamics and innovation.

For more insights, including detailed segmentation and strategies, you can download a sample PDF of the full report. Additionally, a COVID-19 impact analysis is available for a closer look at how the pandemic has influenced market trends and future prospects.

πŽπ›π­πšπ’π§ π‘πžπ©π¨π«π­ πƒπžπ­πšπ’π₯𝐬: 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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