The global sales of aluminum extrusion is expected to garner a market value of US$ 89 Bn in 2022 and is expected to register a CAGR of 7% by accumulating a market value of US$ 175 Bn through the assessment period 2022-2032.
The report on the Global Aluminum Extrusion Market Insights released by Fact.MR is an in-depth examination of the crucial variables that will probably affect the expansion of Aluminum Extrusion Market Insights in the years to come. The study also delves deeply to examine the micro- and macro-economic factors that are anticipated to have an impact on the overall outlook for the Aluminum Extrusion Market Insights over the course of the forecast period.
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What Drives the Demand for Aluminum Extrusion?
The demand for aluminum extrusion is driven by a variety of factors, including the need for lightweight, durable materials in a variety of industries. Aluminum extrusion is used in the automotive, aerospace, construction, and electronics industries due to its strength and corrosion resistance. Additionally, aluminum extrusion is often used in consumer products such as furniture and appliances due to its low cost and ease of fabrication. Finally, aluminum extrusion is often used in architectural applications due to its aesthetic appeal and ability to be formed into complex shapes.
Aluminum Extrusion Market Insights Segmentation
- By Product
- Shapes
- Rods & Bars
- Pipes & Tubes
- By Application
- Building & Construction
- Consumer Goods
- Automotive & Transportation
- Electrical & Energy
- Others
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Key Companies Profiled
- Hindalco Industries Ltd.
- Novelis
- Norsk Hydro ASA
- Constellium N.V.
- Arconic Corp.
- Kaiser Aluminum
- QALEX
- Alupco
- Gulf Extrusions Co. LLC
- Balexco (Bahrain Aluminium Extrusion Company)
- China Zhonwang Holding
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