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Aluminum-extruded Products Market by Product Type, End-use Industry, Alloy Type, and Region - Global Forecast to 2021

Aluminum-extruded Products Market: Global Forecast until 2021

  • March 2017
  • 174 pages
  • ID: 4778490
In this report:
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"Increasing demand in the automotive sector to drive the industry for aluminum-extruded products"

The overall market for aluminum-extruded is estimated to grow from ~$34.5B in 2016 to attain ~$47.6B by 2021, at an estimated compound annual growth rate of ~6.7 percent. The sector for aluminum-extruded products is influenced by the increasing demand in industries including construction, automotive, aerospace & defense, and mass transport in both, developed and developing countries. Aluminum-extruded products are highly preferred to manufacture light-weight but durable products for a variety of sectors. On the other hand, the high initial capital investment in required to install full setup of the aluminum-extruded products, and it poses as a restraint to the increase of the market.

"Mill-finished products segment is expected to rise at a steady Compound annual growth rate during the estimate period"

The mill-finished products segment is intended to be the quickest-increasing aluminum-extruded products type in the aluminum-extruded products market in the upcoming five years. The mill-finished products are highly preferred in the construction, automotive, and machinery & equipment manufacturing industrial sites. The mill-finished products are cost-effective and perform well under extreme conditions.

"Asia Pacific (APAC) to be the quickest increasing market during the outlook period"

The Asia-Pac region is forecasted to be the quickest developing market during the estimate period, succeeded by Europe (EU), from 2016 to 2021. China (CN) recorded for the biggest share in the territory; nevertheless, the Indian market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. The top reasons attributed to the increase in the Asia Pacific (APAC) area are emerging economies, government actions for FDI, increase in appreciation about aluminum-extruded products, and, most importantly, the rise in end-use industries including construction and automotive. In North America continent, the U.S.A was the biggest consumer of aluminum-extruded products in 2015.

Breakdown of Primaries

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info as well as assess future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1: 55.0 percent, Tier 2: 20.0 percent, and 1/3 3: 25.0 percent

By Designation: C-level: 75.0 percent and Manager Level: 25.0 percent

By area: Asia-Pacific: 35.0 percent, Europe: 20.0 percent, North america (NA): 20.0 percent, Latin America: 15, and Middle East & Africa: 10.0 percent

The 1/3 of the companies, the tiers of the corporations is defined on the basis of their final revenue, as of 2015. Tier n1: Revenue > $500.0M, Tier 2: $100.0M < Revenue < $500.0M, and Tier 3: Revenue

The different suppliers of aluminum-extruded products decribed in the study are the following:

1. Alcoa, Inc.

2. Aluminum Bahrain B.S.C.

3. Aluminum Corporation of China Limited

Segment Research

The scope of the report includes exhaustive information concerning the main factors influencing the increase of the market for aluminum-extruded products including drivers, industry restraints, possibilities, and opportunities. An in-depth study of the main industry actors has been done to furnish business insights into their sector overview, products & services, top strategies, recent product launches, mergers & acquisitions, strategic agreements and business developments, and recent evolutions combined with the industry for aluminum-extruded products.

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the aluminum-extruded market comprehensively and offers the best approximations of the revenue data for the global market and the subsegments across the distinct verticals and localities.

2. The market research benefits partners to comprehend the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector.

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