Technavio has announced its latest market research report titled global aluminum extrusion market 2019-2023. (Graphic: Business Wire)
Technavio has announced its latest market research report titled global aluminum extrusion market 2019-2023. (Graphic: Business Wire)
LONDON--(BUSINESS WIRE )--The global aluminum extrusion market size is poised to grow by 6326.23 thousand tons during 2019-2023, according to a new report by Technavio, progressing at a CAGR of close to 4% during the forecast period.
Read the 150-page research report with TOC on "Aluminum Extrusion Market Analysis Report by product (mill-finished, anodized, and powder coated), end-user (building and construction, automotive and transportation, machinery and equipment, consumer durables, electrical and electronics, and other end-users) and geography (APAC, Europe, MEA, North America, and South America) 2019 - 2023." Request a Free Sample Report
The market is driven by the growing demand for lightweight and high-performance materials. Also, the growth of real estate and construction industry is expected to boost the growth of the aluminum extrusion market.
Aluminum extruded products demonstrate excellent creep resistance, fatigue resistance, and mechanical properties, which increases its strength, formability, and atmospheric resistance. In the automotive industry, lightweight and high-performance materials such as aluminum extruded products are used to minimize the amount of CO2 emissions. Furthermore, aluminum extruded products are fully recyclable and have a high recycling rate. All these factors are expected to support the growth of the global aluminum extrusion market during the forecast period.
The growing real estate and construction industry has led to a significant increase in office spaces, commercial complexes, and residential buildings. This has led to a surge in demand for aluminum extruded products, which are widely preferred and used in construction and structural applications. Thus, the growth of real estate and construction industry is expected to drive the growth of the aluminum extrusion market during the forecast period.
For More Information: Speak to an Analyst
The report includes detailed profiles of the leading companies & prominent vendors of the market:
The aluminum extrusion market can be broadly categorized into the following segments:
K ey Regions for the Aluminum Extrusion Market:
Featuring a breakdown of region-wise market shares until 2019.
Some of the key topics covered in the report include:
Related Reports on Aluminum are:
Aluminum Market – Global Aluminum Market by end-user (transportation, construction, packaging, electrical engineering, and others), production process (primary aluminum and secondary aluminum), and geography (MEA, APAC, Europe, North America, and South America).
Aluminum Foil Market – Global Aluminum Foil Market by application (food and beverage packaging, consumer packaging, pharmaceutical packaging, and others) and geography (APAC, Europe, MEA, North America, and South America).
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 www.technavio.com
The global aluminum extrusion market size is poised to grow by 6326.23 thousand tons during 2019-2023, according to a new report by Technavio.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 www.technavio.com