DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Aluminum Extrusion Market: Global Industry Trends, Share, Scale, Growth, Opportunities, and Forecasts 2021-2026" report to ResearchAndMarkets.com's products.
In 2020, the global aluminum extrusion market will reach 28.08 million tons. Looking ahead, the publisher predicts that the global aluminum extrusion market will reach 35.47 million tons by 2026, with a compound annual growth rate of 3.97% from 2021 to 2026.
Aluminum extrusion is a process in which aluminum alloy rods are melted through a cross-section die and transformed into a specific shape. Extruded aluminum has high electrical and thermal conductivity, ductility and recyclability, and can be customized according to consumer requirements. The extruded parts also have a smooth and fine surface finish, which can be polished, polished, anodized, painted or powder coated to improve the aesthetic value and attractiveness of the product. Aluminum extrusions have the advantages of cost-effectiveness, light weight, corrosion resistance, low maintenance costs and paramagnetism, making them the preferred alternative to traditional aluminum products. They are widely used in various industries such as construction and construction, transportation, machinery and equipment, durable consumer goods, and electrical.
The increase in green building construction is one of the key factors driving market growth. Green buildings have the characteristics of environmental protection, energy saving and low carbon emissions, so they are increasingly being built on a global scale. Since extruded aluminum is widely used in the manufacture of doors and windows for these buildings, they are in high demand in the construction industry. In addition, the growing automotive industry is another factor driving market growth. Due to its light weight, extruded aluminum is used to make various aluminum parts for automobiles. In addition, due to their high ductility, aluminum extrusions can be molded into different shapes without consuming too much energy, thereby increasing their demand for industrial applications.
Key questions answered in this report:
5.4 Market Segmentation by Product Type
5.5 Market Segmentation by Alloy Type
5.6 Market Segmentation of the Terminal Industry
6 Market segmentation by product type
7 Market Segmentation by Alloy Type
8 Market Segments of the Terminal Industry
For more information about this report, please visit https://www.researchandmarkets.com/r/uqh29n
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900