Press release
India Aluminum Extrusion Market to Set Phenomena Growth During 2025 to 2027
The India aluminum extrusion market is experiencing significant growth due to the rising demand for lightweight materials in construction and the high corrosion resistance and durability of aluminum. According to a report by Allied Market Research, the market was valued at $1.3 billion in 2019 and is projected to reach $2.5 billion by 2027, growing at a CAGR of 8.3% from 2020 to 2027.ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/A10299
Key Market Drivers & Opportunities
- Rising Demand for Lightweight Materials: Increased adoption in construction activities due to weight efficiency and strength.
- Corrosion Resistance & Durability: Growing preference for aluminum in industrial and infrastructure projects.
- Customization Opportunities: The demand for tailored extrusion solutions is opening new market avenues.
- Technological Advancements: Intelligent mining and digital transformation are expected to drive long-term growth.
Challenges
- High Initial Costs: The expensive nature of aluminum extrusion setups poses a restraint to market expansion.
- Supply Chain Disruptions: The COVID-19 pandemic caused manufacturing halts and supply chain issues, impacting production and raw material availability.
Market Segmentation
By Product Type:
- Mill-Finished Segment: Held the largest market share in 2019 (~60%) and is expected to maintain its dominance.
- Anodized Segment: Anticipated to witness the highest CAGR of 9.5% from 2020 to 2027.
By End User:
- Building & Construction: Accounted for more than 60% of the market share in 2019 and is projected to remain the leading segment.
- Industrial Sector: Expected to grow at the highest CAGR of 11.7% from 2020 to 2027, driven by increased application in various industries.
Key Market Players
Leading companies in the India aluminum extrusion market include:
- Arkema S.A.
- Celanese Corporation
- BASF SE
- Covestro AG
- Solvay SA
- Sabic
The India aluminum extrusion market is poised for substantial growth, with opportunities emerging in construction, industrial applications, and customization-driven demand. As industries adopt advanced manufacturing techniques, the market is set to expand significantly in the coming years.
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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