Product Code: ETC044884 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India aluminum-extruded products market import shipment depicted a robust growth trend with a significant CAGR from 2020 to 2024. However, there was a slight slowdown in the growth rate between 2023 and 2024. Overall, the market expanded steadily, showcasing positive momentum during the period.
The India aluminum-extruded products market is expected to witness significant growth during the forecast period (2025-2031). Aluminum extrusion is a process of shaping aluminum alloys into desired shapes and sizes by pressing it through a die. Aluminum has different properties such as malleability, ductility, strength, heat conduction capacity, light weight and corrosion resistance that make it desirable for numerous industrial applications. It can easily be molded in various forms like pipes, bars, frames etc., thus driving its demand in end user industries such as automotive & transportation sector construction industry and medical devices etc.
Increasing Demand from Automotive Industry: The increasing use of aluminum extrusions in automotive components including body parts bumpers doors frames brackets grilles fuel tank shields window trim among others is fueling the growth of this market owing to their ability to reduce vehicle weight that increases fuel efficiency in turn reducing emissions produced by vehicles. In addition extensive research & development activities being conducted by leading players for developing efficient extrusion processes with improved product quality are further propelling the demand for aluminum extruded products across the globe. Rapid Urbanization & Industrialization across Emerging Countries : Rapid urbanization and industrialization especially across emerging economies like India China Brazil Mexico South Africa among others have led to increased spending on infrastructure projects which ultimately translates into higher demand for construction materials thereby boosting the demand for aluminum extrusions used mainly as structural components or decorative elements.
High Cost Of Extruded Parts And Raw Materials: Despite offering several advantages related to high performance durability reliability cost effectiveness etc aluminium extrusions tend to be more expensive than traditional steel parts This primarily arises due costs associated with raw materials such as aluminium alloys coupled with costly fabrication processes required.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aluminum-extruded Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum-extruded Products Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum-extruded Products Market - Industry Life Cycle |
3.4 India Aluminum-extruded Products Market - Porter's Five Forces |
3.5 India Aluminum-extruded Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Aluminum-extruded Products Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 India Aluminum-extruded Products Market Revenues & Volume Share, By Alloy Type, 2021 & 2031F |
4 India Aluminum-extruded Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in India leading to increased demand for aluminum-extruded products. |
4.2.2 Implementation of government initiatives promoting the use of aluminum in various sectors. |
4.2.3 Rise in disposable income and urbanization driving the demand for high-quality aluminum products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production. |
4.3.2 Intense competition from alternative materials like steel and plastic. |
4.3.3 Regulatory challenges and compliance requirements affecting the market dynamics. |
5 India Aluminum-extruded Products Market Trends |
6 India Aluminum-extruded Products Market, By Types |
6.1 India Aluminum-extruded Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum-extruded Products Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Aluminum-extruded Products Market Revenues & Volume, By Mill-finished, 2021-2031F |
6.1.4 India Aluminum-extruded Products Market Revenues & Volume, By Powder-coated, 2021-2031F |
6.1.5 India Aluminum-extruded Products Market Revenues & Volume, By Anodized, 2021-2031F |
6.2 India Aluminum-extruded Products Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum-extruded Products Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 India Aluminum-extruded Products Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 India Aluminum-extruded Products Market Revenues & Volume, By Electric and electronics, 2021-2031F |
6.2.5 India Aluminum-extruded Products Market Revenues & Volume, By Machinery & equipment, 2021-2031F |
6.2.6 India Aluminum-extruded Products Market Revenues & Volume, By Mass transport , 2021-2031F |
6.2.7 India Aluminum-extruded Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Aluminum-extruded Products Market, By Alloy Type |
6.3.1 Overview and Analysis |
6.3.2 India Aluminum-extruded Products Market Revenues & Volume, By 1000 series aluminum, 2021-2031F |
6.3.3 India Aluminum-extruded Products Market Revenues & Volume, By 2000 series aluminum alloy, 2021-2031F |
6.3.4 India Aluminum-extruded Products Market Revenues & Volume, By 3000 series aluminum alloy, 2021-2031F |
6.3.5 India Aluminum-extruded Products Market Revenues & Volume, By 5000 series aluminum alloy, 2021-2031F |
6.3.6 India Aluminum-extruded Products Market Revenues & Volume, By 6000 series aluminum alloy, 2021-2031F |
6.3.7 India Aluminum-extruded Products Market Revenues & Volume, By 7000 series aluminum alloy, 2021-2031F |
7 India Aluminum-extruded Products Market Import-Export Trade Statistics |
7.1 India Aluminum-extruded Products Market Export to Major Countries |
7.2 India Aluminum-extruded Products Market Imports from Major Countries |
8 India Aluminum-extruded Products Market Key Performance Indicators |
8.1 Average selling price of aluminum-extruded products. |
8.2 Number of new infrastructure projects utilizing aluminum products. |
8.3 Innovation rate in aluminum-extruded product designs. |
8.4 Recycling rate of aluminum in the manufacturing process. |
8.5 Energy efficiency improvements in the production of aluminum-extruded products. |
9 India Aluminum-extruded Products Market - Opportunity Assessment |
9.1 India Aluminum-extruded Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Aluminum-extruded Products Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 India Aluminum-extruded Products Market Opportunity Assessment, By Alloy Type, 2021 & 2031F |
10 India Aluminum-extruded Products Market - Competitive Landscape |
10.1 India Aluminum-extruded Products Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum-extruded Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |