the building & construction segment held the highest market share in 2019, accounting for more than three-fifths of the India aluminum extrusion market, and is expected to continue its leadership status during the forecast period. However, the industrial segment is expected to witness the largest CAGR of 11.7% from 2020 to 2027.
Allied Market Research published a new report, titled, “India Aluminum Extrusion Market by Product Type (Mill-finished, Anodized, Powder Coated), End-User (Building and Construction, Electrical and Electronics, Automotive & Transportation, Industrial, and Others): Opportunity Analysis and Industry Forecast, 2020-2027″ The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
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Increase in demand for lightweight products in construction activities and high corrosion resistance and durability drive the growth of the India aluminum extrusion market. The building & construction segment held the highest market share in 2019, and is expected to continue its leadership status during the forecast period. Manufacturing activities of aluminum extrusion were stopped due to lockdown imposed by the government.
This makes it important to understand the practical implications of the India aluminum extrusion market. To gain a competitive advantage, the players must have something unique. By tapping into the untapped market segment, they can establish a relevant point of differentiation, and this report offers an extension analysis of untapped segments to benefit the market players and new entrants to gain the market share.
KEY MARKET PLAYERS:
The report provides the SWOT analysis of the key market players BANCO ALUMINIUM LIMITED, EAGLE EXTRUSION PRIVATE LIMITED, ALPRO EXTRUSIONS PVT. LTD., KUNAL ALUMINIUM, BHORUKA EXTRUSIONS, JINDAL ALUMINIUM LIMITED, MAAN ALUMINIUM LIMITED, HINDALCO, THE SUPERFINE GROUP. which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.
The mill-finished segment accounted for the highest market share, contributing to nearly three-fifths of the total share in 2019, and will maintain its leadership position in terms of revenue during the forecast period. However, the anodized segment would register the highest CAGR of 9.5% from 2020 to 2027.
NEED FOR THE REPORT:
The current situation of pandemic makes it very important for the stakeholders in the India aluminum extrusion market to understand the market deeply, which will help them in taking sound decisions, to gain the competitive advantage. By exploring the unexplored areas of market, the key players can surely gain a larger market share.
According to the report published by Allied Market Research, the India aluminum extrusion market generated $1.3 billion in 2019, and is expected to generate $2.5 billion by 2027, witnessing a CAGR of 8.3% from 2020 to 2027.
KEY OFFERINGS OF THE REPORT:
- Key drivers & Opportunities: An extensive analysis on key factors and opportunities available in different segments for strategizing.
- Current trends & forecasts: A comprehensive analysis on latest trends, and forecasts for next few years to frame strategic decisions as a next step.
- Segmental analysis: An extensive analysis of each segment and driving factors such as revenue and growth rate is offered.
- Regional Analysis: A thorough analysis of each geographic region can help market players devise expansion strategies and gain from the opportunity.
- Competitive Landscape: Useful insights on each of the leading market players for outlining competitive scenario and related strategies have been offered in the report.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/india-aluminum-extrusion-market/purchase-options
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