The global Automotive Aluminium Extrusions market was valued at US$ 6130.5 million in 2020 and it is expected to reach US$ 9691.9 million by the end of 2027, growing at a CAGR of 4.6% during 2021-2027.
Aluminum Extrusion is a plastic deformation process in which a solid cylinder of aluminum (billet) is forced by compression through a smaller die opening. The billet is typically preheated to facilitate the deformation process. Aluminium extrusions can play key roles in integrated engineering solutions for automotive structures and component parts. One of the main advantages is to reduce the weight of the car.
Europe is the largest automotive aluminium extrusions market with about 32% market share. North America is follower, accounting for about 30% market share.
The key players are Constellium, Hydro (Sapa), Arconic, MONTUPET, China Zhongwang Holdings Limited, STEP-G, ETEM, APALT, Hindalco-Novelis, Zahit Aluminium, Gulf Extrusions, Edmo Ltd etc. Top 1 company occupied about 25% market share.
Global Automotive Aluminium Extrusions Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Aluminium Extrusions Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hydro, Apalt, Constellium, Uacj, Impol, Otto Fuchs, Step-G, Kam Kiu, Zhongwang, Kaiser, Hindalco, Eural Gnutti, Metra, Etem, Hoshion, Arconic, Haomei, Montupet, Zahit Aluminium, Gulf Extrusions, Edmo Ltd and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Alumium Space Frame
Segment by Application
- Cars and Light Trucks
- Truck and Bus
Table of Content:
1 Automotive Aluminium Extrusions Market Overview
2 Automotive Aluminium Extrusions Market Competition by Manufacturers
3 Automotive Aluminium Extrusions Retrospective Market Scenario by Region
4 Global Automotive Aluminium Extrusions Historic Market Analysis by Type
5 Global Automotive Aluminium Extrusions Historic Market Analysis by Application
6 Key Companies Profiled
7 Automotive Aluminium Extrusions Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Automotive Aluminium Extrusions Market Dynamics
10 Global Automotive Aluminium Extrusions Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.