China aluminum extrusion market is projected to grow at a considerable CAGR of 4.8% during the forecast period. Aluminum extrusion is a technique of changing aluminum alloy bars into different shapes using an elongated cross-sectional die. The market in China is growing at a significant growth owing to growing end-user industry including building and construction, transportation, and engineered products. The major factors that drive demand for the aluminum extrusion industry in China include growing gross domestic product (GDP) and urbanization. Also, increasing population migration from rural to urban areas are some of the key factors that are likely to accelerate the demand for the building and construction sector in the country, and initiatives by the government for the advancement of infrastructure, is contributing to the market growth. 

Additionally, key players in China aluminum extrusion market include Dongguan Aoda Aluminum Co., Ltd., Foshan Fine Metal Products Co., Ltd, Guangdong Xingqiu Aluminum Co., Ltd., oshan Liangyin Aluminum Co., Ltd., Pailian Aluminium Profile Company Ltd, Shandong Jianmei Aluminum Co., Ltd., Shanghai Reliance Aluminum Co Ltd, XinYueYa Aluminum, to survive in the market, these players adopt different marketing strategies such as product launches. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For instance, in February 2020, China Zhongwang Holdings Ltd one of the leading fabricated aluminum product developers and manufacturers is engaged as a supplier for BMW Group. 

The COVID-19 pandemic has a low impact on China aluminum extrusion Market since December 2019. China is the largest producer of primary and downstream aluminum across the globe, which is known to account for around 56% of the international output in 2018, and the COVID-19 pandemic has an enormous effect on their markets. 

China aluminum extrusion market is segmented based on product, 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. 

The presence of key market players in China is furthermore projected to benefit the recovery of the regional market. For instance, at the end of 2019, China Zhongwang Holdings Ltd. supplied aluminum body parts to urban rail projects in Shanghai, Xiamen, Hangzhou, Hefei, and Jinhua, Guangzhou, and Beijing-Zhangjiakou Smart High-speed Rail.

Research Methodology

The market study of the China 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. China Aluminum Extrusion Market by Product
2. China Aluminum Extrusion Market by Application 

The Report Covers

• Comprehensive research methodology of China 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 China aluminum extrusion market 
• Insights about market determinants that are stimulating the China aluminum extrusion market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.