DUBLIN--(BUSINESS WIRE)--The "India Aluminum Extrusion Market by Product Type, End-User: Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The India aluminum extrusion market was valued at $1.3 billion in 2019, and is projected to reach $2.5 billion by 2027, growing at a CAGR of 8.3% from 2020 to 2027.
Increase in demand for lightweight and durable extruded products in various industries is expected to drive the market growth of aluminum extrusion during the forecast period.
The lightweight and high strength to weight ratio of aluminum makes it ideal for large constructions and buildings to provide added strength at decreased weight. In addition, the high corrosion resistance of extruded aluminum is expected to fuel the demand in electrical, electronics, and medical sectors.
Due to thick layer of aluminum oxide after anodizing or powder coating, such type of extrusion becomes highly resistant to corrosion unlike steel and iron. This leads to reduced maintenance cost for various industrial products. However, high initial set up cost and low production efficiency may negatively impact the market growth.
Due to slow extrusion process, aluminum extrusion cannot achieve continuous production. Nonetheless, surge in demand for flexible design is expected to create lucrative opportunities for the market players. With aluminum extrusion, industry players can produce wide range of extruded products with various shapes and sizes on the same equipment.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Increase in Demand for Lightweight Products in Building and Construction
3.4.1.2. High Corrosion Resistance and Durability
3.4.2. Restraint
3.4.2.1. High Capital Cost
3.4.3. Opportunity
3.4.3.1. Growth in Demand for Customized Extrusion
3.5. Pricing Analysis
3.6. Value Chain Analysis
3.7. Impact of Key Regulations
3.8. Impact of COVID-19 Outburst on the Market
3.9. Raw Material Analysis
3.10. Global Market Overview
Chapter 4: India Aluminum Extrusion Market, by Product
4.1. Overview
4.2. Mill-Finished
4.3. Anodized
4.4. Powder Coated
Chapter 5: India Aluminum Extrusion Market, by End-user
5.1. Overview
5.2. Building & Construction
5.3. Electrical & Electronics
5.4. Automotive & Transportation
5.5. Industrial
Chapter 6: Competitive Landscape
6.1. Introduction
6.2. Product Mapping of Top 10 Players
6.3. Competitive Heatmap
6.4. Key Development
6.4.1. Business Expansion
Chapter 7: Company Profiles
- Banco Aluminium Limited
- Eagle Extrusion Private Limited
- Alpro Extrusions Pvt. Ltd.
- Kunal Aluminium
- Bhoruka Extrusions
- Jindal Aluminium Limited
- Maan Aluminium Limited
- Hindalco
- The Superfine Group
- Global Aluminium Pvt. Ltd
- Alom Group of Industries
- Century Extrusions Limited
- Galco Group
- Salco Extrusions Pvt. Ltd.
- Mittal Extrusions
For more information about this report visit https://www.researchandmarkets.com/r/pa0fn5
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