Extruded Aluminum Profiles Market Research Report To Design A Cohesive And Predictive Business Strategy

The global extruded aluminum profiles market is estimated to surpass US$ 96,281.8 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 5.1% during the forecast period (2020 to 2027).

Key Players:

Norsk Hydro ASA, Extal Ltd., Bonnell Aluminum, China Zhongwang Holdings Ltd., China Hongqiao Group Limited, Centaury Aluminum Corporation, China HongquiaoGroup Limited, Schüco International KG, Hindalco Industries Ltd., Sainty Aluminium, Arconic Corporation, and Constellium

Request a sample copy of the report to understand the structure of the complete report: https://www.coherentmarketinsights.com/insight/request-sample/4500

The global extruded aluminum profiles market is expected to surpass US$ 96,281.8 million by 2027, exhibiting a CAGR of 5.1% during the forecast period (2020-2027). The demand for aluminum is increasing from the construction sector  across the globe. For instance, according to the 2019 Industry Statistics by Aluminum Association, total aluminum demand across North America surged by 0.7% as compared to 2018. The escalating consumption of extruded aluminum in the construction industries for production of window and door frames is driving the growth of the extruded aluminum profiles market.

Moreover, aluminum being one of the most abundantly available metals on the earth owing to ample availability of bauxite ores, its adoption is gaining traction. For instance, as per the USGS (United States Geological Survey) annual report on aluminum, the production of primary aluminum across the U.S. increased by 7.0% from 2018 to 2019. Moreover, properties of aluminum such as higher electric conductivity and ductility as compared to iron have urged industries to shift towards the adoption of aluminum over iron.

Key Takeaways of the Extruded Aluminum Profiles Market:

• Among product type, shapes segment held the largest revenue share of 78.7% in the global extruded aluminum profiles market in 2019. There has been an increasing demand for various shapes such as open seam squares, structural angles, various beams, and others that have contributed to the rising demand for extruded aluminum profiles market across the globe. The easy molding ability of the extruded aluminum helps in the formation of various shapes which has further favored its market across the globe.
• Key players operating in the extruded aluminum profiles market are focusing on various strategies such as mergers & acquisitions in order to strengthen their market presence and expand their product portfolio. For instance, in 2019, Norsk Hydro ASA (Norwegian aluminium and renewable energy company) acquired two extrusion plants of Arconic in Brazil. Arconic is an aluminum products manufacturer based in the U.S. With the help of this acquisition, Norsk Hydro aims to strengthen its business in the Brazilian market.

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https://www.coherentmarketinsights.com/trusted-by

The post Extruded Aluminum Profiles Market Research Report To Design A Cohesive And Predictive Business Strategy appeared first on Gatorledger.

The global extruded aluminum profiles market is estimated to surpass US$ 96,281.8 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 5.1% during the forecast period (2020 to 2027).

Key Players:

Norsk Hydro ASA, Extal Ltd., Bonnell Aluminum, China Zhongwang Holdings Ltd., China Hongqiao Group Limited, Centaury Aluminum Corporation, China HongquiaoGroup Limited, Schüco International KG, Hindalco Industries Ltd., Sainty Aluminium, Arconic Corporation, and Constellium

Request a sample copy of the report to understand the structure of the complete report: https://www.coherentmarketinsights.com/insight/request-sample/4500

The global extruded aluminum profiles market is expected to surpass US$ 96,281.8 million by 2027, exhibiting a CAGR of 5.1% during the forecast period (2020-2027). The demand for aluminum is increasing from the construction sector  across the globe. For instance, according to the 2019 Industry Statistics by Aluminum Association, total aluminum demand across North America surged by 0.7% as compared to 2018. The escalating consumption of extruded aluminum in the construction industries for production of window and door frames is driving the growth of the extruded aluminum profiles market.

Moreover, aluminum being one of the most abundantly available metals on the earth owing to ample availability of bauxite ores, its adoption is gaining traction. For instance, as per the USGS (United States Geological Survey) annual report on aluminum, the production of primary aluminum across the U.S. increased by 7.0% from 2018 to 2019. Moreover, properties of aluminum such as higher electric conductivity and ductility as compared to iron have urged industries to shift towards the adoption of aluminum over iron.

Key Takeaways of the Extruded Aluminum Profiles Market:

• Among product type, shapes segment held the largest revenue share of 78.7% in the global extruded aluminum profiles market in 2019. There has been an increasing demand for various shapes such as open seam squares, structural angles, various beams, and others that have contributed to the rising demand for extruded aluminum profiles market across the globe. The easy molding ability of the extruded aluminum helps in the formation of various shapes which has further favored its market across the globe.
• Key players operating in the extruded aluminum profiles market are focusing on various strategies such as mergers & acquisitions in order to strengthen their market presence and expand their product portfolio. For instance, in 2019, Norsk Hydro ASA (Norwegian aluminium and renewable energy company) acquired two extrusion plants of Arconic in Brazil. Arconic is an aluminum products manufacturer based in the U.S. With the help of this acquisition, Norsk Hydro aims to strengthen its business in the Brazilian market.

Go Through Our Trusted Clients List:
https://www.coherentmarketinsights.com/trusted-by

The post Extruded Aluminum Profiles Market Research Report To Design A Cohesive And Predictive Business Strategy appeared first on Gatorledger.