Market Research Future - Premium Research Reports Aluminum Extruded Products Market 2017 to 2023
Aluminum-Extruded Products Market
Expected to Grow at a CAGR of 6% from 2017
to 2023
Market Highlights:
The Aluminum-Extruded Products Market is expected to grow over the CAGR of around 6% during the
period 2017 to 2023.
Aluminum is promoted by the governments of various countries owing to the rise in the level of
pollution. Aluminum is widely used in the automobile industry as the light weight of aluminum helps in
increasing the fuel-efficiency of the vehicles. Various policies, such as green car incentive policy in Japan
is undertaken to promote eco-friendly vehicles, which would help in the reduction of greenhouse gas
emissions. These policies along with various government initiatives, is driving the growth of the market.
However, the growth of the market is expected to be hampered by the high cost required for the
manufacturing of the aluminum extruded products.
Key Players
The key players of aluminum-extruded products market are Alcoa Inc. (U.S.), Aluminum Bahrain B.S.C.
(Bahrain), Aluminum Corporation of China Limited (China), Bhp Billiton Ltd. (Australia), Century
Aluminum Company (U.S.), China Hongquiao Group Limited (China), Hindalco Industries Limited (India),
Norsk Hydro ASA (Norway), Rio Tinto PLC (U.K.) and United Company RUSAL (Russia).
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Market Research Analysis:
The Asia-Pacific region is expected to grow the highest in the aluminum-extruded products market
owing to the availability of low cost labor in the region. The rapid advancements in the industrial sector
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