US aluminum extrusion market is anticipated to grow significantly at a CAGR of 3.6% over the forecast period. The construction sector in the US around 62% of the global extrusion production. The demand in the housing market is increasing slowly, due to urbanization the rising demand on part of the building sector, and investments in road infrastructure, sewerage, communications, transportation, and electricity and water distribution. Moreover, aluminum extrusion extruded aluminum constructs complex buildings, with shapes that meet specifications for the facade in terms of aesthetics and performance.
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Aluminum used as a material for coatings and parts makes it easier to harmonize elements such as window frames, rails, doors, gutters, elevator cabins, shelves, lamps, and blinds. End users profit from the increased comfort offered by these facades, about external conditions, such as temperatures, sun, rain, and wind. In addition, the High-Tech trend has a strong influence on how interior spaces are perceived, with ventilation grids, lighting, information, and other systems controlled by computers.
For instance, in July 2018, Bonnell Aluminum, a subsidiary of Tredegar Corporation announced that its aluminum extrusion industrial facility in Newnan GA was achieved certification under IATF 16949:2016, a technical description for quality management systems in the automotive sector, as set forth by the International Automotive Task Force (IATF).
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Product and By Application
- Competitive Landscape- Bonnell Aluminum., Custom Aluminum Products, Inc., Samuel, Son & Co., Astro Shapes, LLC, Crystal Finishing Systems Inc, Universal Molding Extrusion Company.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from pre-COVID-19 forecast
- Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Aluminum Extrusion Market – Segmentation
By Product
- Shapes
- Rods & Bars
- Pipes & Tubes
By Application
- Building & Construction
- Automotive & Transportation
- Consumer Goods
- Machinery and equipment
- Others
A full report of US Aluminium Extrusion Market is available at: https://www.omrglobal.com/industry-reports/us-aluminum-extrusion-market
