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(CityRegions.Com, January 20, 2018 ) According to new report published by Data Bridge Market Research, Titled, Global Aluminum-Extruded Products Market – Industry Trends and Forecast to 2024, The Global Aluminum-Extruded Products Market accounted for USD 34.64 billion in 2016 and is projected to grow at a CAGR of 6.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Also Global Aluminum-extruded Products Market, By Product Type (Mill-Finished, Anodized, Powder-Coated) By Alloy Type (1000 Series Aluminum, 2000 Series Aluminum Alloys, 3000 Series Aluminum Alloys, 5000 Series Aluminum Alloys, 6000 Series Aluminum Alloys, 7000 Series Aluminum Alloys) By End-user (Transportation & Logistics, Construction, Automotive, Electrical & Electronics) – Industry Trends and Forecast to 2024.
Market Definition: Global Aluminum-Extruded Products Market
Aluminum Extrusions Products Market is used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. There is a growing demand for aluminum extrusions because of technological advancement in aluminum processing and its use in different industries. These factors are expected to be the major drivers of the market over the forecast period.
Major Market Drivers:
Growth in demand from end-use industries
Technological advancements in the aluminum sector
High initial capital investments
Presence of alternatives such as magnesium alloys
To know more about Global Aluminum-Extruded Products Market report Speak to analyst @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-aluminum-extruded-products-market
Market Segmentation: Global Aluminum-Extruded Products Market
The aluminum-extruded products market is segmented on the basis of product type into mill-finished, anodized and powder-coated.
On the basis of alloy types, the market is segmented into 1000 series aluminum, 2000 series aluminum alloys, 3000 series aluminum alloys, 5000 series aluminum alloys, 6000 series aluminum alloys, 7000 series aluminum alloys.
On the basis of end-user, the market is segmented into transportation & logistics, construction, automotive, electrical & electronics and other.
On the basis of geography, the aluminum-extruded products market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Aluminum-Extruded Products Market
The global aluminum-extruded products market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Aluminum-Extruded Products Market
Some of the major players in aluminum-extruded products market include RUSAL, Alcoa Corporation, Aluminum Corporation of China Limited, RIO Tinto PLC, BHP, Norsk Hydro ASA, Century Aluminum Company, China Hongqiao Group Limited, Aluminum Bahrain, Hindalco Industries Limited (a subsidiary of Aditya Birla Management Corporation Pvt. Ltd.) and many more.
Access Full Summary Of Global Aluminum-Extruded Products Market @ http://databridgemarketresearch.com/reports/global-aluminum-extruded-products-market/
Data Bridge Market Research
Data Bridge Market Resea