Industry Background:
An Aluminium Extrusion Die is used for Aluminium Extrusion. The process of extrusion is used for shaping material, such as aluminum, by forcing it to flow through a shaped opening in a die. The resultant extruded material emerges as an elongated piece with the same profile as the die opening. Dies are used in manufacturing industries to cut or shape material mostly using a press. Dies are usually customized to the item they are used to generate. Various products can be made with dies ranging from simple paper clips to complex pieces used in advanced technology.This growth is primarily driven by High adoption of extruded aluminum in the automotive and aircraft industry due to its characteristics like good strength, lightweight, strength, sustainability, recyclable and corrosion-free nature and The major innovation in extrusion technologies and introduction of new techniques has resulted in the growth of aluminum extrusion die market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Alumat Almax Group (Italy), China Zhongwang Holdings Limited (China), Halex Aluminium Extruder Dies SpA (Italy), Bharat Forge (India), Diamond America (United States), Elite Extrusion Die (United Kingdom), Royle Extrusion Systems (India), Royal Presion Technology (China), Gal Aluminium Extrusions Private Limited (India) and Reform Tools & Dies (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident The increasing significance of secondary aluminum extrusions in the construction industry. Major Vendors, such as Alumat Almax Group (Italy), China Zhongwang Holdings Limited (China), Halex Aluminium Extruder Dies SpA (Italy), Bharat Forge (India), Diamond America (United States), Elite Extrusion Die (United Kingdom), Royle Extrusion Systems (India), Royal Presion Technology (China), Gal Aluminium Extrusions Private Limited (India) and Reform Tools & Dies (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2017, China Zhongwang Holdings bought a controlling 99.72 percent stake in Germany’s Aluminiumwerk Unna, in its first international acquisition
Hindalco Industries Limited announced the opening of a new manufacturing plant in Silvassa. This extrusion plant will produce a range of extruded aluminum items for the downstream market.
Regulatory Insights:
The Indian downstream aluminium enterprise has aligned itself to help the government’s push for Atmanirbhar Bharat. It comes from the imaginative and prescient of being a usa that is impartial and self-reliant when it comes to manufacturing aluminium merchandise to meet its requirements. The proper focal point on lowering our heavy dependency on imports, and well-thought authorities imaginative and prescient and enterprise strength, can collectively write the story of atmanirbharta (self-reliance) in aluminium for India.
Market Drivers
- High adoption of extruded aluminum in the automotive and aircraft industry due to its characteristics like good strength, lightweight, strength, sustainability, recyclable and corrosion-free nature
- The major innovation in extrusion technologies and introduction of new techniques has resulted in the growth of aluminum extrusion die market
Market Trend
- The increasing significance of secondary aluminum extrusions in the construction industry
Restraints
- A slowdown in the world economy may hamper the growth rate of the aluminum extrusion die
Opportunities
There is an increased opportunity for aluminum products in the electronics industry to cater to the demand of aluminum-based products that may further push the market for aluminum extrusion die and Rising defense sector may provide opportunities for die manufacturers to expand their market to allow push for manufacturing of aluminum alloys
Challenges
The occurrence of significant production cost may be a hindrance in the growth of aluminum extrusion die
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aluminium Extrusion Die Study Sheds Light on
The Aluminium Extrusion Die Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Aluminium Extrusion Die industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aluminium Extrusion Die industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.