Navigating the Thriving Aluminum Extrusion Market in India

Explore the dynamic landscape of aluminum extrusion manufacturing businesses in India. Our comprehensive guide delves into the growth trends, key players, and market dynamics. Discover how aluminum alloy bars are transformed into versatile shapes, driving industries like construction, transportation, and consumer durables. From mill-finished to powder-coated profiles, we unravel the nuances of this cost-efficient, lightweight material.

Certainly! Here’s a detailed overview of the aluminum extrusion market manufacturing in India:

  1. Market Size and Growth Trends:

    • The India aluminum extrusion market reached 1,028,295.8 Tons in 2023.
    • Looking ahead, it is projected to grow significantly, with an expected market size of 1,468,786.7 Tons by 2032.
    • The compound annual growth rate (CAGR) during the period from 2024 to 2032 is estimated at 3.9%
  1. Key Drivers and Applications:

    • Aluminum extrusion involves shaping aluminum alloy bars by forcing them through a cross-sectional die.
    • Extruded aluminum is lightweight, cost-efficient, and offers high electrical and thermal conductivity.
    • It finds extensive use in various industries across India, including construction, transportation, and machinery and equipment.
    • Notably, the automotive sector drives demand due to manufacturers focusing on lightweight cars for better fuel economy. They substitute steel with aluminum without compromising design or size.
  1. COVID-19 Impact and Recovery:

    • The pandemic disrupted production in manufacturing units due to lockdown restrictions.
    • However, as restrictions ease, the aluminum extrusion market is expected to rebound.
    • The burgeoning real estate and manufacturing sectors will further enhance the demand for extruded aluminum.
  1. Segmentation:

    • Product Types: The market includes mill-finishedanodized, and powder-coated aluminum extrusions.
    • Alloy Types: These range from 6 Series to 5 Series aluminum alloys.

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