PUBLISHER: TechSci Research | PRODUCT CODE: 1036206
PUBLISHER: TechSci Research | PRODUCT CODE: 1036206
Europe & CIS Aluminium-Extruded Products Market stood at USD14649.24 million in 2020 and is projected to grow at a CAGR of 6.53% to reach USD21885.05 million by 2026, owing to the increased usage of aluminium extruded products in automobiles like buses, trucks, and trailers to improve their performance, fuel economy and increase their load-carrying capacity. The growth can also be attributed to the rapid increase in application of aluminium-extruded products by different end-user verticals. Usage in transportation and logistics, building and construction, electrical and electronics, and other consumer durables are the other major factors contributing to the growth of the aluminium-extruded products market in Europe and CIS.
Aluminium extrusion transforms aluminium alloy into an extraordinary variety of products for consumers and industrial markets. Aluminium-extruded products are light weight and perform efficiently under extreme conditions like humidity, heat and therefore, find application in numerous end use industries such as electronics, automotive, mass transit, bridge decking.
Based on End-Use Industry the market is segmented into Building & Construction, Automotive & Transportation, Electrical & Electronics, Consumer Durables and Others. Building & Construction is the leading End-Use Industry in the Aluminium-Extruded Products Market with a share of 49.72% in 2020. This is due to the increasing adoption of extruded aluminium products by medium and large builders for the construction of high-rise buildings and skyscrapers. The use of aluminium-extruded products in construction reduces the load on foundations, which has made it popular among real estate developers.
On the basis of Alloy Type, the market is segmented into (1000 Series, 2000 Series, 3000 Series, 5000 Series, 6000 Series and 7000 Series). In 2020, 6000 series alloy segment was the dominating segment in the market with a share of 35.99%. This is due to its versatile, highly formable, weldable, high strength and excellent corrosion resistance nature. These properties increase the application of aluminium-extruded products in architectural and structural purposes. Extruded products from 6000 series alloy are the first choice for infrastructural and architectural applications.
Based on country, Germany accounted for the largest share of 22.23% in the aluminium-extruded products market in 2020, owing to well-established automobile and construction industries in this country, which generates lucrative growth opportunities for the aluminium-extruded products market. Moreover, continuous government budgetary allocation towards improvement of rail, road and ports in Germany, such as the project "Digital Rail Germany," is expected to propel the demand for aluminium-extruded products in the forecast period.
Some of the major players operating in the Europe & CIS Aluminium-Extruded Products Market are United Company RUSAL, Rio Tinto, Norsk Hydro ASA, Constellium SE, Impol, ETEM GROUP, BOAL GROUP, Aluminiumwerk Unna AG, Alusic s.r.l, Permtsvetmet, METRA SpA, among others.
Years Considered for this Report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021E
Forecast Period: 2022F-2026F
Objective of the Study:
To analyze and forecast Europe & CIS Aluminium-Extruded Products Market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Europe & CIS Aluminium-Extruded Products Market was also undertaken. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future of major players was studied and projects which have commissioned in the country were identified.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as aluminium-extruded products companies, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
Report Scope:
In this report Europe & CIS Aluminium-Extruded Products Market has been segmented into the following categories in addition to the industry trends which have also been listed below:
Mill-Finished
Anodized
Powder-Coated
Building & Construction
Automotive & Transportation
Electrical & Electronics
Consumer Durables
Others
1000 Series
2000 Series
3000 Series
5000 Series
6000 Series
7000 Series
Composite Product Shapes
Rods & Bars
Pipes & Tubes
Germany
France
United Kingdom
Italy
Russia
Spain
Netherlands
Denmark
Kazakhstan
Ukraine
Uzbekistan
Belarus
Turkmenistan
Azerbaijan
Georgia
Armenia
Moldova
Tajikistan
Kyrgyzstan
Others
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Europe & CIS Aluminium-Extruded Products Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By End-Use Industry
9.2.3. By Alloy Type
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product Type
10.2.2. By End-Use Industry
10.2.3. By Alloy Type
12.1.1. By Value
12.2. Market Share & Forecast
12.2.1. By Product Type
12.2.2. By End-Use Industry
12.2.3. By Alloy Type
13.1. Market Size & Forecast
13.1.1. By Value
13.2. Market Share & Forecast
13.2.1. By Product Type
13.2.2. By End-Use Industry
13.2.3. By Alloy Type
14.1. Market Size & Forecast
14.1.1. By Value
14.2. Market Share & Forecast
14.2.1. By Product Type
14.2.2. By End-Use Industry
14.2.3. By Alloy Type
15.1. Market Size & Forecast
15.1.1. By Value
15.2. Market Share & Forecast
15.2.1. By Product Type
15.2.2. By End-Use Industry
15.2.3. By Alloy Type
20.1.1. By Value
20.2.1. By Product Type
20.2.2. By End-Use Industry
20.2.3. By Alloy Type
21.1.1. By Value
21.2.1. By Product Type
21.2.2. By End-Use Industry
21.2.3. By Alloy Type
22.1.1. By Value
22.2.1. By Product Type
22.2.2. By End-Use Industry
22.2.3. By Alloy Type