Global Aluminum Extrusion Market 2015-2019 is a new research report added by Sandlerresearch.org under the Advanced Material category. Aluminum extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. Complete report available @ http://www.sandlerresearch.org/global-aluminum-extrusion-market-2015-2019.html
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. The 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.
Product segmentation and analysis of the global aluminum extrusion market
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.
Purchase report directly @ http://www.sandlerresearch.org/purchase?rname=48195
Single User License USD 2500
Segmentation by end user and analysis of the global aluminum extrusion market
Building and construction
Machinery and equipment
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.
Inquire for more information @ http://www.sandlerresearch.org/inquire-before-buying?rname=48195
Geographical segmentation and analysis of the global aluminum extrusion market
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.
Competitive landscape and key vendors
The aluminum extrusion market is highly fragmented due to the presence of many suppliers. The market was dominated by the leading six vendors. However, with the increasing number of new suppliers the market share for these top vendors is dropping and is being shared by new players. The market is anticipated to witness an increased number fo consolidations during the forecast period.
The leading vendors in the market are
Other prominent vendors in the market include EGA, TALCO, Zahit, and Balexco.
Inquire for Discount @ http://www.sandlerresearch.org/discount?rname=48195
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Sandlerresearch.org is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.