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The India aluminum extrusion market is currently witnessing moderate growth. Aluminum extrusion assists in transforming aluminum alloy bars into a determined shape by forcing them through a cross-sectional die. Extruded aluminum is lightweight, cost-efficient and offers high electrical and thermal conductivity. Consequently, it is widely utilized in the construction, transportation and material and equipment industries across India.
The market is primarily driven by the extensive utilization of aluminum extrusion in the production of motor vehicles in India. Apart from this, the leading manufacturers are focusing on the manufacturing of lightweight cars to maintain fuel economy. They are substituting steel for aluminum without compromising on the design and size, which is positively influencing the market growth in the country. Furthermore, the sudden outbreak of the coronavirus disease (COVID-19) and lockdown restrictions imposed by the Government of India have slowed down production in various manufacturing units. The aluminum extrusion market will experience growth once lockdown restrictions are relaxed in the country. Moreover, the burgeoning real estate and manufacturing sectors are anticipated to enhance the demand for extruded aluminum in the coming years. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the India 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:
Breakup by Alloy Type:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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