Global Aluminum-Extruded Products Market Expected to Reach XX Million by 2025— Reports Monitor
According to a new report published by Reports Monitor titled, “Aluminum-Extruded Products Market By of Product, Alloy Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Aluminum-Extruded Products Market was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Aluminum extrusion is a process of transforming aluminum alloy into various useful objects. Aluminum has one third density and stiffness of steel so the final products offer strength and stability. Physical characteristics of aluminum can be altered by unique combination of aluminum alloy and other metals.
Aluminum extrusion offers particular blend of strength and ductility to its conductivity, its non-magnetic properties, and capability of recycling again and again without losing its integrity. All of these makes aluminum preferred option for a wide range of purposes. Increased demand for aluminum extruded component of International Space Station fuelling the growth of aluminum-extruded products market globally. However, i=huge initial capital investment and increased use of magnesium alloys instead of aluminum alloy expected to hamper growth of the aluminum extruded products market globally.
This report provides a detailed analysis of Aluminum-Extruded Products market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global aluminum extrusion products market has been segmented majorly on the basis of Product (Mill-Finished, and Powder-Coated), Alloy Type (1000 Series Aluminum, 2000 Series Aluminum Alloys, 3000 Series Aluminum Alloys, 5000 Series Aluminum Alloys, 6000 Series Aluminum Alloys, and 7000 Series Aluminum Alloys.), & End Use Industry (Automotive, Construction, Transportation, Electrical & Electronics and Others).
Global Aluminum-Extruded Products market is studied across North America, Europe, Asia-Pacific, and LAMEA. Progressive business environment combined with the growing demand for aluminum extruded products from developing countries like France and Germany are fuelling the growth of aluminum-extruded products market in Europe. Growth of Aluminum-Extruded Products market in North America region is influenced by factors such as existence of huge industries and increased adoption of aluminum extruded products in construction, automotive, mass transport, and aerospace field. Rise in industrialization, rapid pace of urbanization, low labor costs and increased demand for aluminum extruded products from emerging economies like India and China are driving the growth of aluminum-extruded products market in Asia-Pacific region.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Aluminum-Extruded Products Market and what are their strategies?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Alcoa, Inc., Century Aluminum Company, Sapa Extrusion, Constellium, Hindalco-Novelis, Hydro Extrusions, American Aluminum Extrusion Company LLC, Bonnell Aluminum, APEL Extruders Ltd. and Signature Aluminum Inc.
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