Portland, OR -- (SBWire) -- 06/29/2018 --The global aluminum extrusion products market is driven by its high adoption in the automobile industry as these are replacing steel in automobiles and transport sector, owing to their lightweight nature, resulting in reduced fuel consumption and lesser greenhouse gas emission. The recyclable and corrosion-resistant nature of aluminum extrusion products ensure sustainability and durability of the overall system in which they are used. In addition, aluminum extrusion products usage in building & construction is also expected to increase in doors, windows, panels, windows frames, ladders, and bridges. However, low awareness about these products is expected to hamper the market growth during the forecast period. Emerging economies such as India, South Africa, Brazil, and Middle East countries represent lucrative opportunities for the market.
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Aluminum extrusions are manufactured via heating aluminum alloys at high temperature and used for their flexibility, durability, strength, and sustainability in a wide range of applications. They are recyclable in nature and release lesser toxic or non-harmful gases during processing. Aluminum extrusion products are lightweight and give high performance under extreme conditions such as heat, humidity, abrasion, and vibrations. These provide various benefits such as reduction of heat flow, energy efficiency, and cost-effectiveness.
The global aluminum extrusion products market is segmented on the basis of type, alloy, end-user industry, and geography. Based on type, it is divided into mill-finished, anodized, and coated. Based on alloy, it is classified into 1000 series aluminum alloys, 2000 series aluminum alloys, 3000 series aluminum alloys , 5000 series aluminum alloys, 6000 series aluminum alloys, and 7000 series aluminum alloys. On the basis of end-user industry, it is categorized into building & construction, transportation and logistics, automotive, machinery & equipment, consumer durables, electrical & electronics, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Comprehensive competitive analysis and profiles of major market players provided in the report are as follows:
- Alcoa Inc.
- Aluminum Corporation of China Limited
- BHP Billiton Ltd.
- Century Aluminum Company
- China Hongquiao Group Limited
- Constellium
- Gulf Extrusion
- Hindalco Industries Limited
- Hydro Aluminum
- Norsk Hydro ASA
Key Benefits
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- Detailed analysis of the industry based on the type and end-user industry helps to understand the trending types and potential end-user industries.
- Porters Five Forces analysis highlights the potency of buyers & suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
