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Introduction

Aluminum has a naturally occurring oxide film that resists it from corrosion. Anodization is a process that is primarily used to thicken aluminum films. Anodized aluminum extrusion is prepared by placing the aluminum into a brine solution and passing a low voltage, high amperage, direct current through the solution.

Improvement in corrosion resistance is the primary reason for aluminum anodization. The anodization process helps extend the life of aluminum and makes it ideal for harsh environments. Anodized aluminum extrusion is used in marine environments and even in space. Anodized aluminum extrusion helps decrease conductivity in the oxidation layer of films.

Global Anodized Aluminum Extrusion Market: Segmentation

The anodized aluminum extrusion market can be segmented based on application and region. Based on application, the anodized aluminum extrusion market can be divided into construction material, machinery production, electronics, and others. The construction material segment accounted for major share of the market in 2017 owing to the rapid urbanization and industrialization.

Global Anodized Aluminum Extrusion Market: Developments and Trends

Anodized aluminum extrusion is widely used in power transmission and distribution systems. It does not emit any hazardous gases and chemicals when exposed to heat, light, or other contaminants. Anodized aluminum extrusion can be given any shape due to its tensile strength and high flexibility. Of late, anodized aluminum extrusion is gaining popularity in different applications, due to its low cost of production and low prices of raw materials. This trend is primarily witnessed in the construction industry. Demand for lightweight and high durable solutions in high-end automotive, aircraft, and construction sectors is driving the anodized aluminum extrusion market. The mega construction projects started by China in last six to seven years period is demanding increased supply of anodized aluminum extrusions. Russia, the UAE, and India export large percentage of aluminum. Aluminum extrusions are 100% recyclable compared to other substitutes. Their distinctive features make anodized aluminum extrusions highly preferred by consumers. Their features include high corrosion resistance, strong yet light in weight, high corrosion resistance, easy to fabricate, and electric power equivalent to that of copper.

Global Anodized Aluminum Extrusion Market: Regional Outlook

In terms of region, the global anodized aluminum extrusion market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a key region accounting for a significant share of the global anodized aluminum extrusion market. The anodized aluminum extrusion market in Asia Pacific is expected to expand at a rapid pace during the forecast period, led by the growth in the construction industry in the region. Demand for anodized aluminum extrusion in China, Japan, and South Korea is projected to increase significantly in the near future, followed by that in India.

China is estimated to account for the leading share of the market in Asia Pacific during the forecast period, due to the rise in industrialization, low labor costs, and emerging economic conditions. This is projected to augment the demand for anodized aluminum extrusion in the country during the forecast period.

Global Anodized Aluminum Extrusion Market: Key Players

Key players operating in the global anodized aluminum extrusion market include ALCOA, Novelis Inc., Constellium, Gulf Extrusion, Southern Aluminum Finishing Co, Inc., Bristol Aluminum, Norsk Hydro ASA, Sapa Extrusion, Hindalco-Almex Aerospace, and Qatar Aluminum Extrusion Company.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Anodized Aluminum Extrusion Market

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