logo
logo
Sign in

Aluminium Extrusion Market 2027 Report by Global Size, Key Companies, Trends, Growth and Regional Forecasts

avatar
Rahul Sharma
Aluminium Extrusion Market 2027 Report by Global Size, Key Companies, Trends, Growth and Regional Forecasts

The global Aluminium Extrusion Market is expected to reach USD 91.67 billion, by 2027, according to Million Insights, registering CAGR of 3.8 % over the forecast period, from 2020 to 2027. Increasing demand from the energy and electrical sector is a major factor driving the market growth. In 2020, the market growth is expected to hamper due to the COVID-19 pandemic.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-aluminium-extrusion-market/request-sample

 

Market Synopsis of Aluminium Extrusion Market:

 

Extruded aluminium is majorly used for building high voltage transmission towers in the electrical industry due to its beneficial properties like weldability, high corrosion resistance, and lightweight. These characteristics of extruded aluminium make tower durable along with easy installation which has led to low operation cost and maintenance. The International Energy Agency (IEA) reported that the International Energy Agency (IEA), electricity production is expected to increase globally, especially in Middle East and Africa, and Asia Pacific. By 2020, China is expected to contribute around 20% of global electricity which is anticipated to increase demand for the aluminium extrusion in this country.

 

Extruded aluminium is widely used for support and manufacturing solar panels frames. Thus, increasing production of solar panels is projected to drive the growth of aluminum extrusion market. Aluminium extrusion is also used in consumer goods applications like consumer electronics, kitchen, railing, ladders, and furniture due to its easy fabrication, cost-efficiency, and lightweight properties.

 

Market players are adopting strategies like capacity expansions, mergers, and acquisitions to strengthen their position in the market and maximize their sales. For instance, in 2020, Constellium mounted an extrusion press at Singen plant in Germany to fulfill the demand from automotive sector.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-aluminium-extrusion-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Aluminium Extrusion: Market Variables, Trends & Scope              

Chapter 4 Aluminium Extrusion: Product Estimates & Trend Analysis

Chapter 5 Aluminium Extrusion: Application Estimates & Trend Analysis

Chapter 6 Aluminium Extrusion: End-use Estimates & Trend Analysis

Chapter 7 Aluminium Extrusion: Industrial End-use Estimates & Trend Analysis

Chapter 8 Aluminium Extrusion: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Aluminium Extrusion: Manufacturers Company Profiles

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

collect
0
avatar
Rahul Sharma
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more