European Aluminum Extrusion market is anticipated to grow significantly at a CAGR of 3.2% during the forecast period (2021-2027). The UK, Germany, France, Italy, Spain, and the Rest of Europe are the key economies that are driving the growth of the European aluminum extrusion market over the forecast period. The construction industry is also supporting market growth. Population growth, demographic changes, and a favorable economic environment are driving demand for residential buildings, which in turn is accelerating the aluminum extrusion market growth over the forecast period.
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The key aspect that drives the European aluminum extrusion market growth includes a well-developed automotive industry in the region. The UK and Germany are the key economies contributing to market growth over the forecast period. Europe is home to various major automotive companies such as Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental AG, among others, and depicts a substantial share in the automotive industry which has significantly contributed to the market growth.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Product and By Application
- Regions Covered- Europe
- Competitive Landscape- Constellium (NYSE), Norsk Hydro ASA, AMAG Austria Metall AG, Aludium, Alro, Impol.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from pre-COVID-19 forecast
- Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
European Aluminum Extrusion Market – Segmentation
By Product
- Shapes
- Rods & Bars
- Pipes & Tubes
By Application
- Building & Construction
- Automotive & Transportation
- Consumer Goods
- Machinery and equipment
- Others
Company Profiles
- Aludium Amorebieta
- AMAG Austria Metall AG
- Arconic Corp.
- Bahrain Aluminium Extrusion Co. (BALEXCO) B.S.C
- Constellium (NYSE)
- Kaiser Aluminum Corp.
- Norsk Hydro ASA
- RusAL
- The Hope Group
- UACJ Corporation.
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
