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The Asia Pacific aluminum extrusion market is expected to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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 adversely influenced the market growth. The market is anticipated to experience growth once lockdown restrictions are relaxed.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific aluminum extrusion market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on product type, alloy type and end use industry.
Breakup by Product Type:
Breakup by Alloy Type:
Breakup by End Use Industry:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Units||Million Metric Tons|
|Segment Coverage||Product Type, Alloy Type, End Use Industry, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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