Global Aluminum Extrusion Key Trends, Size, Growth, Shares and Forecast Research Report 2015-2019

Researchmoz added Most up-to-date research on "Global Aluminum Extrusion Market 2015-2019" to its huge collection of research reports.

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.

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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...