Asia-Pacific aluminum extrusion market is projected to grow at a considerable CAGR of 4.5% during the forecast period. Aluminum extrusion is a method of changing aluminum alloy bars into different shapes using an elongated cross-sectional die. Aluminum extrusion is used in numerous applications including construction, consumer goods, transportation, energy, and healthcare industries of the Asia-Pacific region due to its properties such as cost-efficient, ductility, and recyclability, and offers better conductivity. The market is increasing in Asia-Pacific region due to an increase in urban population  and initiatives by the governments for the advancement of infrastructure. Also, the key market players are introducing new product variants by incorporating technological advancements.

The Asia-Pacific aluminum extrusion market has been negatively impacted by the COVID-19 pandemic since December 2019. The pandemic has affected key imports in industrial activities, lockdowns enforced in different parts of the region, and hindrances in the international business have caused the temporary closure of various manufacturing units, which has hampered the market growth in Asia-Pacific region. The market will witness “W” shape recovery in near future owing to the restart of key industries in major economies. A major portion of recovery in the aluminum extrusion industry is attributed to the Chinese automobile, and construction industry.

Asia-Pacific aluminum extrusion market is segmented based on product and application. Based on product, the market is segmented into shapes, rods & bars, pipes & tubes. Based on application, the market is segmented into building & construction, automotive & transportation, consumer goods, machinery and equipment, others. 

Asia-Pacific is anticipated to have a substantial growth rate during the forecast period due to the presence of major emerging countries in the region such as China, and India. Both economies are anticipated to see aluminum extrusion industry demand raise. The Indian government has made significant investments in applications such as railways, e-vehicles, metro, smart cities, renewable energy, and security ventures in the recent past. s

Research Methodology

The market study of Asia-Pacific aluminum extrusion market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US Aluminum Extrusion Market by Product
2. US Aluminum Extrusion Market by Application 

The Report Covers

• Comprehensive research methodology of Asia-Pacific aluminum extrusion market 
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting Asia-Pacific aluminum extrusion market.
• Insights about market determinants that are stimulating Asia-Pacific aluminum extrusion market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.