According to the report published by Allied Market Research, the India aluminum extrusion market generated $1.3 billion in 2019, and is expected to generate $2.5 billion by 2027, witnessing a CAGR of 8.3% from 2020 to 2027. The report offers a detailed analysis of changing market trends, top winning strategies, key segments, value chain, major investment pockets, and competitive landscape.
Increase in demand for lightweight products in construction activities and high corrosion resistance and durability drive the growth of the India aluminum extrusion market. However, high initial cost restrains the market growth. On the other hand, rise in demand for customized extrusion presents new opportunities in the coming years.
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The report offers detailed segmentation of the India aluminum extrusion market based on product type and end user.
Based on product type, the mill-finished segment accounted for the highest market share, contributing to nearly three-fifths of the total share in 2019, and will maintain its leadership position in terms of revenue during the forecast period. However, the anodized segment would register the highest CAGR of 9.5% from 2020 to 2027.
Based on end user, the building & construction segment held the highest market share in 2019, accounting for more than three-fifths of the India aluminum extrusion market, and is expected to continue its leadership status during the forecast period. However, the industrial segment is expected to witness the largest CAGR of 11.7% from 2020 to 2027.
Leading players of the India aluminum extrusion market discussed in the research include Arkema S.A., Celanese Corporation, BASF SE, Covestro AG, Solvay SA, and Sabic.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
