US Aluminium Extrusion Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027
US aluminum extrusion market is
anticipated to grow significantly at a CAGR of 3.6% over the forecast period
(2021-2027). The construction sector in the US around 62% of the global
extrusion production. The demand in the housing market is increasing slowly,
due to urbanization the rising demand on part of the building sector, and
investments in road infrastructure, sewerage, communications, transportation, and
electricity and water distribution. Moreover, aluminum extrusion extruded
aluminum constructs complex buildings, with shapes that meet specifications for
the facade in terms of aesthetics and performance.
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Aluminum used as a material for coatings
and parts makes it easier to harmonize elements such as window frames, rails,
doors, gutters, elevator cabins, shelves, lamps, and blinds. End users profit
from the increased comfort offered by these facades, about external conditions,
such as temperatures, sun, rain, and wind. In addition, the High-Tech trend has
a strong influence on how interior spaces are perceived, with ventilation
grids, lighting, information, and other systems controlled by computers.
For instance, in July 2018, Bonnell
Aluminum, a subsidiary of Tredegar Corporation announced that its aluminum
extrusion industrial facility in Newnan GA was achieved certification under
IATF 16949:2016, a technical description for quality management systems in the
automotive sector, as set forth by the International Automotive Task Force (IATF).
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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
·
Competitive Landscape- Bonnell Aluminum., Custom
Aluminum Products, Inc., Samuel, Son & Co., Astro Shapes, LLC, Crystal
Finishing Systems Inc, Universal Molding Extrusion Company.
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?
US
Aluminum Extrusion Market – Segmentation
By
Product
·
Shapes
·
Rods & Bars
·
Pipes & Tubes
By
Application
·
Building & Construction
·
Automotive & Transportation
·
Consumer Goods
·
Machinery and equipment
·
Others
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Company Profiles
·
Aluminum Extruded
Shapes.
·
Aluminum Shapes
·
Aluminum Shapes,
LLC
·
Astro Shapes, LLC
·
Benada Aluminum
Products, LLC.
·
Bonnell Aluminum.
·
Crystal Finishing
Systems Inc
·
Custom Aluminum
Products, Inc.
·
General Extrusions
Inc.
·
International
Extrusions
·
Jordan Aluminum
Company LLC
·
Mid-States
Aluminium Corp.
·
Pennex Aluminum
Company.
·
Samuel, Son &
Co.
·
Taber Extrusions
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