The global aluminum extrusion market is anticipated to grow significantly at a CAGR of 3.6% during the forecast period (2024-2031). As the automotive manufacturer has to maintain their impetus for improved fuel economy, and reduced emissions, aluminum extrusion make a significant contribution. Aluminum is a material choice for the automotive manufacturer due to its environmental benefits, according to a report, around 90% of vehicle’s aluminum scaps are recovered, and recycled. Aluminum’s use in automobiles and commercial vehicles is speeding up as it provides a cost-effective way to raise performance and it also is recyclable so reducing environmental effect. Additionally, the aluminum extrusions reduce emissions and increase fuel economy while maintaining stability, and safety.
Get Free Sample link @ https://www.omrglobal.com/request-sample/aluminum-extrusion-market
The players are collaborating with emerging companies in order to develop new technologies. For instance, in January 2021, Oslo-based energy and aluminum producer Norsk Hydro ASA announced that the company is working on the new technology of aluminum, with a startup company named Nuvosil, the trial project can lead to a process that eases processing costs considerably and energy consumption around 90%.
Full report of Aluminum Extrusion Market available @ https://www.omrglobal.com/industry-reports/aluminum-extrusion-market
Market Coverage
- Segment Covered- By Product and By Application
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Hindalco Industries Ltd., Arconic Corp., Norsk Hydro ASA, Constellium, Qatar Aluminium Extrusion Co. (QALEX), Balexco Bahrain Aluminium Extrusion Co.
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?
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Aluminum Extrusion Market – Segmentation
Aluminum Extrusion by Product
- Shapes
- Rods & Bars
- Pipes & Tubes
Aluminum Extrusion by Application
- Building & Construction
- Automotive & Transportation
- Consumer Goods
- Machinery and equipment
- Others
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aluminum-extrusion-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
