Global Aluminum Extrusion Market Share, Size Report 2019 By Radiant Insights
Outlook of the aluminum extrusion market
Aluminum extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. They are 100% recyclable and emits no significant hazardous gasses during processing. The increased usage in green initiatives is driving the growth of the aluminum extrusion market. Technavios market research analyst estimates the global aluminum extrusion market to witness a tremendous growth at a rate of around 7% during the forecast period.
The growth of the automobile industry is anticipated to drive the growth of this market during the forecast period. Aluminum extrusion is replacing steel in automobiles and transport. It is preferred over other metals due to its light weight leading to reduced fuel consumption and reduced greenhouse gas emission. Moreover, aluminum is easily recyclable and resistant to corrosion, thus ensuring sustainability and durability of the vehicle.
To Get Full Report Click Here @ http://www.radiantinsights.com/research/global-aluminum-extrusion-market-2015-2019
Product segmentation and analysis of the global aluminum extrusion market
Mill finished
Anodized
Powder coated
The mill finished segment accounted for 58% of the market share during 2014 and is expected to reach around 13 million metric tons by the end of 2019. Mill finished products are mainly used in applications that do not demand additional corrosive resistivity.
Segmentation by end user and analysis of the global aluminum extrusion market
Building and construction
Transportation
Machinery and equipment
Consumer durables
Electrical
Building and construction segment is the largest market for aluminum extrusion. The growth of this segment is anticipated to be at a rate of 7% during the forecast period. Around 65% of the aluminum content in construction is estimated to be recycled annually. Its usage in building and construction is expected to increase during the forecast period, especially in doors, windows, panels, windows frames, ladders, and bridges.
Geographical segmentation and analysis of the global aluminum extrusion market
China
Other Asia
Europe
North America
Latin America
China accounted for around 62% of the global market share during 2014 and is expected to grow at a rate of 7% during the forecast period. The increase in industrial consumption of extruded aluminum is driving the market in China.
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About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com
Outlook of the aluminum extrusion market
Aluminum extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. They are 100% recyclable and emits no significant hazardous gasses during processing. The increased usage in green initiatives is driving the growth of the aluminum extrusion market. Technavios market research analyst estimates the global aluminum extrusion market to witness a tremendous growth at a rate of around 7% during the forecast period.
The growth of the automobile industry is anticipated to drive the growth of this market during the forecast period. Aluminum extrusion is replacing steel in automobiles and transport. It is preferred over other metals due to its light weight leading to reduced fuel consumption and reduced greenhouse gas emission. Moreover, aluminum is easily recyclable and resistant to corrosion, thus ensuring sustainability and durability of the vehicle.
To Get Full Report Click Here @ http://www.radiantinsights.com/research/global-aluminum-extrusion-market-2015-2019
Product segmentation and analysis of the global aluminum extrusion market
Mill finished
Anodized
Powder coated
The mill finished segment accounted for 58% of the market share during 2014 and is expected to reach around 13 million metric tons by the end of 2019. Mill finished products are mainly used in applications that do not demand additional corrosive resistivity.
Segmentation by end user and analysis of the global aluminum extrusion market
Building and construction
Transportation
Machinery and equipment
Consumer durables
Electrical
Building and construction segment is the largest market for aluminum extrusion. The growth of this segment is anticipated to be at a rate of 7% during the forecast period. Around 65% of the aluminum content in construction is estimated to be recycled annually. Its usage in building and construction is expected to increase during the forecast period, especially in doors, windows, panels, windows frames, ladders, and bridges.
Geographical segmentation and analysis of the global aluminum extrusion market
China
Other Asia
Europe
North America
Latin America
China accounted for around 62% of the global market share during 2014 and is expected to grow at a rate of 7% during the forecast period. The increase in industrial consumption of extruded aluminum is driving the market in China.
Browse More Categories @ http://www.radiantinsights.com/catalogs
About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com
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