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Aluminum-extruded Products Market worth 47.61 Billion USD by 2021


(, November 06, 2019 ) The report "Aluminum-extruded Products Market by Product Type (Mill-finished, Powder-coated, and Anodized), End-use Industry (Construction, Automotive, Electrical & Electronics, Mass Transport, and Machinery & Equipment), Alloy Type, and Region - Global Forecast to 2021", The market for aluminum-extruded products is projected to grow from USD 34.48 Billion in 2016 to USD 47.61 Billion by 2021, at an estimated CAGR of 6.67%.

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The market for aluminum-extruded products is growing due to increasing demand in end-use industries such as construction, automotive, and aerospace & defense and growing demand for light-weight but durable products.

Mill-finished aluminum-extruded products to gain maximum traction during the forecast period.

The mill-finished products segment accounted for the largest market share in 2015; this trend is projected through the forecast period. The mill-finished aluminum-extruded products are highly preferred in the construction and automotive industries. These products are preferred because of their high strength and cost effectiveness. Additionally, mill-finished aluminum-extruded products deliver excellent performance in extreme conditions such as high and low temperatures and humidity.

The automotive industry is projected to be the most rapidly growing end use application for these products during the forecast period.

The aluminum-extruded products market is segmented on the basis of end-use industry into construction, automotive, electrical & electronics, mass transport, machinery & equipment, and others (which include energy, telecom, and consumer durables). In 2015, the construction segment accounted for the largest share of all end-use industries in 2015, in terms of both value and volume. However, the automotive segment is projected to grow at the highest CAGR during the forecast period. The increase in demand from the automotive industry, rise in urbanization & industrialization in emerging countries, growth in concerns of greenhouse gas emissions, emphasis on the light-weight cars, and governments’ initiatives to encourage FDIs are the main drivers for the aluminum-extruded products market.

Don't miss out on business opportunities in Aluminum-extruded Products Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Aluminum-extruded Products Market”
128 - Market Data Tables
47 - Figures
172 - Pages

Asia-Pacific is to play a key role in the market for aluminum-extruded products.

Low labor costs, rise in industrialization, large scope for FDI, emerging economic conditions, , and an excellent hold on industries such as construction, automotive, mass transport, and aerospace have played a crucial role in the growth of the market for aluminum-extruded products in the Asia-Pacific region.

The key players considered in the report are the following:
• Alcoa, Inc. (U.S.)
• Aluminum Bahrain B.S.C. (Bahrain)
• Aluminum Corporation of China Limited (China)
• BHP Billiton Ltd. (Australia)
• Century Aluminum Company (U.S.)
• China Hongquiao Group Limited (China)
• Hindalco Industries Limited (India)
• Norsk Hydro ASA (Norway)
• Rio Tinto Plc (U.K.)
• United Company Rusal (Russia)

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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