The year 2022 heralds a ray of fresh desire and optimism for the downstream aluminium industry, with a lot of upcoming projects, investments, and changes in line. So, the team AlCircle has launched its latest research report, “The World of Aluminium Extrusions - An industry analysis with forecasts to 2027", which offers a thorough analysis and prediction of how the aluminium extrusion market will develop in the coming years while keeping an eye on prior investments, regulatory changes, and pricing trends.
{alcircleadd}The report focuses on the expected production capacity, output, consumption across geographies and applications across end-user sectors, and trade dynamics.
The amount of aluminium extruded globally is predicted to reach 31.8 million tonnes by 2022 and increase by around 3.8% annually over the following five years, reaching 38.4 million tonnes by 2027. Industry leaders and consumers are now curious about the material's future worldwide production, applications, investments, and innovations due to the aluminium extrusion market's expected rapid rise.
The building and construction sector accounts for 57% of aluminium extrusion usage, followed by the transportation sector at 17%, and the industrial sector at 10%. Aluminium extrusion used in the building and construction industry is predicted to increase by 3.5% per year over the next five decades, while usage in transportation will grow by 5.2% per year.
The demand for aluminium in the upcoming years will also be fuelled by significant expenditures in the building and construction industry, solar energy, aluminium LED lighting, and other technologies. In 2022, it is anticipated that investments in new power plants, particularly those using renewable energy sources, will rise globally.
In light of the present geopolitical situation, European nations are more likely to work toward achieving energy independence in the years to come. In response, countries are expected to invest in alternative energy sources, such as solar and wind. In the upcoming years, it is also probable that investments in new power transmission and distribution networks would rise.
In a nutshell, the following points are covered in our “The World of Aluminium Extrusions - an Industry Analysis with Forecasts to 2027”:
1. Aluminium Extrusion Capacity and Production
2. Aluminium Extrusion Technology and Applications
3. World Aluminium Extrusions Usage and Forecast across regions
4. Aluminium Extrusions Usage and Forecast by end-use sectors
5. Aluminium extrusions - Trade dynamics
For a detailed table of content, click here
This report is now available in both digital as well as in print formats. Both the available options along with their pricing details are as follows:
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