Product Code: ETC249804 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India aluminum extrusion market import shipment demonstrated a strong compound annual growth rate of 6.8% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, showing a decrease in momentum. Overall, the market exhibited expansion with some signs of stabilization towards the end of the period.
The India aluminum extrusion market is closely tied to the construction and manufacturing sectors. Aluminum extrusions are used in the production of various structural and decorative components. With infrastructure development and urbanization, the market continues to expand as an essential part of the construction and manufacturing supply chain.
The India aluminum extrusion market is witnessing growth due to the expansion of industries that require extruded aluminum profiles. The construction sector is a major driver, utilizing these profiles for doors, windows, and facades. The automobile and transportation industries also demand aluminum extrusions for their lightweight properties, enhancing fuel efficiency. Moreover, the focus on green and energy-efficient construction materials has led to the increased adoption of aluminum extrusions in the building sector.
This market contends with challenges such as price fluctuations in aluminum, competition from other extrusion materials, and the need for consistent product quality and precision.
The India Aluminum Extrusion market faced disruptions due to a slowdown in manufacturing and construction activities. The recovery depended on the revival of these key sectors.
The India Aluminum Extrusion market is dominated by a few major players who have a significant presence in the industry. Notable companies such as Hindalco Industries Limited, Vedanta Limited (Sterlite Industries), Jindal Aluminium Ltd, and Century Extrusions Limited are leading the way in producing aluminum extrusion profiles that find extensive use in architectural, automotive, and industrial applications. These key players are known for their commitment to quality and innovation, driving the growth of the aluminum extrusion sector in India.
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 Extrusion Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aluminum Extrusion Market Revenues & Volume, 2021 & 2031F |
3.3 India Aluminum Extrusion Market - Industry Life Cycle |
3.4 India Aluminum Extrusion Market - Porter's Five Forces |
3.5 India Aluminum Extrusion Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Aluminum Extrusion Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aluminum Extrusion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in India, leading to increased demand for aluminum extrusions. |
4.2.2 Rising adoption of aluminum extrusions in automotive and transportation industries for lightweight and fuel-efficient components. |
4.2.3 Government initiatives promoting renewable energy sources like solar power, driving the demand for aluminum extrusions in the solar energy sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the profitability of aluminum extrusion manufacturers. |
4.3.2 Intense competition in the market leading to pricing pressures and margin erosion. |
4.3.3 Regulatory challenges and compliance requirements affecting the operational efficiency of aluminum extrusion companies. |
5 India Aluminum Extrusion Market Trends |
6 India Aluminum Extrusion Market, By Types |
6.1 India Aluminum Extrusion Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Aluminum Extrusion Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Aluminum Extrusion Market Revenues & Volume, By Shapes, 2021-2031F |
6.1.4 India Aluminum Extrusion Market Revenues & Volume, By Rods & Bars, 2021-2031F |
6.1.5 India Aluminum Extrusion Market Revenues & Volume, By Pipes & Tubes, 2021-2031F |
6.2 India Aluminum Extrusion Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Aluminum Extrusion Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 India Aluminum Extrusion Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 India Aluminum Extrusion Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 India Aluminum Extrusion Market Revenues & Volume, By Electrical & Energy, 2021-2031F |
6.2.6 India Aluminum Extrusion Market Revenues & Volume, By Others, 2021-2031F |
7 India Aluminum Extrusion Market Import-Export Trade Statistics |
7.1 India Aluminum Extrusion Market Export to Major Countries |
7.2 India Aluminum Extrusion Market Imports from Major Countries |
8 India Aluminum Extrusion Market Key Performance Indicators |
8.1 Energy efficiency improvements in aluminum extrusion processes. |
8.2 Percentage increase in applications of aluminum extrusions in new industries or sectors. |
8.3 Adoption rate of advanced technologies and automation in aluminum extrusion manufacturing processes. |
9 India Aluminum Extrusion Market - Opportunity Assessment |
9.1 India Aluminum Extrusion Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Aluminum Extrusion Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aluminum Extrusion Market - Competitive Landscape |
10.1 India Aluminum Extrusion Market Revenue Share, By Companies, 2024 |
10.2 India Aluminum Extrusion Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |