China Aluminum Extrusion Market Driven by Growing Building and Construction Industry

China aluminum extrusion market is anticipated to grow significantly at a CAGR of 4.8% during the forecast period (2021-2027).  The key aspect that drives the market growth includes the rising construction industry in the country. Rods & bars are commonly used in construction activities, particularly in the creating of scaffolding systems. These lightweight scaffolding systems offer many benefits over traditional systems, in terms of stability, weight, and flexibility.

Browse the full report description China Aluminum Extrusion Market Size, Share & Trends Analysis Report by Product (Shapes, Rods & Bars, Pipes & Tubes), by Application (Building & Construction, Automotive & Transportation, Consumer Goods, Machinery and Equipment, Others) Forecast Period (2021-2027) at https://www.omrglobal.com/industry-reports/china-aluminum-extrusion-market

The country is also investing significantly in infrastructure projects, which results in the development of commercial and domestic buildings in the country. The green building revolution increase adoption of supportable processes and materials for creating structures is a major change that the construction industry witnessed. 

The need for limiting the negative impact it had on the environment, stimulated builders and architects across China to be a part of the green building revolution and create buildings that were energy-efficient as well as self-sufficient. For instance, in March 2019, according to the German Asia-Pacific Business Association, the government of China is pushing the development of smart cities counting nearly 500 pilot projects is also expected to make a huge contribution to the demand for infrastructure development and drive the market growth in the given forecast period.

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- By Product and By Application
• Competitive Landscape- China Zhongwang Holdings Ltd., Dongguan Aoda Aluminum Co., Ltd., Foshan Fine Metal Products Co., Ltd, Guangdong Xingqiu Aluminum Co., Ltd., Foshan Liangyin Aluminum Co., Ltd.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in base year?
• Which segment/region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID-19 forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

China Aluminum Extrusion Market – Segmentation

Aluminum Extrusion by Product 

• Shapes
• Rods & Bars
• Pipes & Tubes

Aluminum Extrusion by Application 

• Building & Construction
• Automotive & Transportation
• Consumer Goods
• Machinery and equipment
• Others