Asia Pacific Aluminum Extrusion Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Asia Pacific Aluminum Extrusion Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Asia Pacific aluminum extrusion market is currently witnessing steady growth. Aluminum extrusion refers to the process of transforming aluminum alloy bars into different shapes using an elongated cross-sectional die. Extruded aluminum is cost-efficient and offers better conductivity, ductility and recyclability. As a result, it finds extensive applications in numerous industries of the Asia Pacific region, including construction, electrical, automotive and transportation.

Due to rapid urbanization and the growing global population, governments of several countries are undertaking initiatives to improve the existing infrastructure and increase the construction of green buildings. This is escalating the demand for aluminum extrusion in the Asia Pacific region. Apart from this, leading manufacturers are introducing unique product variants by incorporating technological advancements. This, in confluence with the boosting sales of vehicles, is propelling the growth of the market. However, the ongoing coronavirus disease (COVID-19) pandemic, lockdowns imposed in different parts of the region and hindrances in the international trade have resulted in the temporary closure of various manufacturing units, which has negatively influenced the market growth. The market is anticipated to experience growth once lockdown restrictions are relaxed. Looking forward, the market is expected to continue its steady growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aluminum extrusion market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, alloy type and end use industry.

Breakup by Product Type:

Mill Finished
Anodized
Powder Coated

Breakup by Alloy Type:

1000 Series Aluminum Alloy
2000 Series Aluminum Alloy
3000 Series Aluminum Alloy
5000 Series Aluminum Alloy
6000 Series Aluminum Alloy
7000 Series Aluminum Alloy

Breakup by End Use Industry:

Building and Construction
Transportation
Machinery and Equipment
Consumer Durables
Electrical
Others

Breakup by Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the Asia Pacific aluminum extrusion market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Asia Pacific aluminum extrusion market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the alloy type?
What is the breakup of the market based on the End Use Industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Asia Pacific aluminum extrusion market and who are the key players?
What is the degree of competition in the industry?