Automotive Aluminium Extrusions Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
25515 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
Aluminum Extrusion is a plastic deformation process in which a solid cylinder of aluminum (billet) is forced by compression through a smaller die opening. The billet is typically preheated to facilitate the deformation process. Aluminium extrusions can play key roles in integrated engineering solutions for automotive structures and component parts. One of the main advantages is to reduce the weight of the car.
Based on this research, in Europe automotive aluminium extrusions market, aluminium extrusions used for automotive space frame production occupies the largest portion—around 60%. The least use of aluminium extrusions is for automotive sub-structures production, occupying around 14% of total use. The ratio has not changed much in last 5-year period. From the application aspect, the use of aluminium extrusions concentrates on passenger car production, around 84%. And the rest is for commercial vehicles production. From 2013 to 2018E, the growth rates of aluminium extrusions usage of both passenger car and commercial vehicles have been through a fluctuation and would keep rising in the next 5-year period.
The Global Automotive Aluminium Extrusions Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Automotive Aluminium Extrusions Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Alumium Space Frame
Sub-structures
Others In Market segmentation by applications :
Passenger Cars
Commercial Vehicles
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Aluminium Extrusions Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Aluminium Extrusions Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Aluminium Extrusions industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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