Market Overview:
The global aluminum for construction market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for aluminum in construction applications across the globe. Aluminum extrusion for construction, aluminum FRP for construction, aluminum casting for construction, and aluminum powder are some of the key types of aluminum used in various applications such as residential, industrial, and commercial constructions. In terms of application, the residential sector is expected to account for a major share of the global market during the forecast period owing to increase in spending on housing infrastructure globally. The industrial sector is also anticipated to witness significant growth due to rising demand from end-use industries such as automotive and transportation sectors.
Product Definition:
Aluminum is a silver-white metal that is strong yet lightweight. It has good corrosion resistance and thermal conductivity. Aluminum is used in construction for its strength, light weight, and corrosion resistance properties.
Aluminum Extrusion for Construction:
Aluminum extrusion for construction is a process in which the materials are forced through an orifice and then gathered into a shape. Aluminum is used as it's extrusion medium due to its lightweight, high strength, corrosion resistance & recyclability. The material that's extruded depends on the type of orifice that's being used; these can be manual, semi-automatic & automatic. The most commonly used orifices are die casting machines and hydraulic press machines.
Aluminum FRP for Construction:
Aluminum FRP for construction is a new material that has been gaining momentum in the global market. It is an aluminum-based fiber reinforced plastic which can be used as an alternative to steel and concrete in various applications such as bridge engineering, building engineering, road design & construction and marine architecture.
Application Insights:
The demand for aluminum in construction is expected to witness growth on account of its lightweight properties, which reduces the overall weight of a structure resulting in reduced expenditure on transportation. This factor is anticipated to drive the product demand in residential and commercial structures over the forecast period. In addition, favorable regulations regarding energy-efficient buildings are likely to propel industry expansion over the coming years.
Aluminum extrusions for construction are primarily used for window and doorframes, building facades (sidelites), structural components including beams, columns, girders and arches as well as load-bearing walls among others. The segment accounted for a volume share of 35% by revenue in 2017 owing to its high strength characteristics that make it suitable across various applications areas such as residential or industrial constructions at an affordable price point compared with other metals such as steel or iron.
Regional Analysis:
Asia Pacific aluminum for construction market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid urbanization and increasing per capita income in emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, government initiatives encouraging private investments in infrastructure development are likely to boost the demand for commercial and residential buildings thereby driving industry growth over the forecast period.
Europe was estimated as a volume-based market with a share of 24.1% in 2017 on account of rising product demand from countries including Germany, U.K.
Growth Factors:
- Growing demand from the construction sector for lightweight and durable materials is expected to drive the growth of aluminum in construction market.
- Increasing use of aluminum in window frames, door frames, and other architectural applications is projected to boost the demand for this metal in construction industry during the forecast period.
- Rising awareness about energy-efficiency and green buildings is anticipated to propel the adoption of aluminum in construction market over the next few years.
- Growing infrastructure development activities across emerging economies are expected to create lucrative opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum for Construction Market Research Report
By Type
Aluminum Extrusion for Construction, Aluminum FRP for Construction, Aluminum Casting for Construction, Aluminum Powder, Flakes, and Paste for Construction
By Application
Residential Construction, Industrial Construction, Commercial Construction
By Companies
Alcoa, Constellium, Gulf Extrusions, Hindalco Industries, Novelis, Sapa, RUSAL, Altaiseer Aluminum, ALUPCO, Bahrain Atomizer International, Balexco, Hulamin Extrusions, TALCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum for Construction Market Report Segments:
The global Aluminum for Construction market is segmented on the basis of:
Types
Aluminum Extrusion for Construction, Aluminum FRP for Construction, Aluminum Casting for Construction, Aluminum Powder, Flakes, and Paste for Construction
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Construction, Industrial Construction, Commercial Construction
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alcoa
- Constellium
- Gulf Extrusions
- Hindalco Industries
- Novelis
- Sapa
- RUSAL
- Altaiseer Aluminum
- ALUPCO
- Bahrain Atomizer International
- Balexco
- Hulamin Extrusions
- TALCO
Highlights of The Aluminum for Construction Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Extrusion for Construction
- Aluminum FRP for Construction
- Aluminum Casting for Construction
- Aluminum Powder, Flakes, and Paste for Construction
- By Application:
- Residential Construction
- Industrial Construction
- Commercial Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum for Construction Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum is a common material used in construction because it is strong, lightweight, and has a low cost.
Some of the major players in the aluminum for construction market are Alcoa, Constellium, Gulf Extrusions, Hindalco Industries, Novelis, Sapa, RUSAL, Altaiseer Aluminum, ALUPCO, Bahrain Atomizer International, Balexco, Hulamin Extrusions, TALCO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum for Construction Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum for Construction Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum for Construction Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum for Construction Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum for Construction Market Size & Forecast, 2020-2028
4.5.1 Aluminum for Construction Market Size and Y-o-Y Growth
4.5.2 Aluminum for Construction Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Extrusion for Construction
5.2.2 Aluminum FRP for Construction
5.2.3 Aluminum Casting for Construction
5.2.4 Aluminum Powder
5.2.5 Flakes
5.2.6 and Paste for Construction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Construction
6.2.2 Industrial Construction
6.2.3 Commercial Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum for Construction Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum for Construction Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Extrusion for Construction
9.6.2 Aluminum FRP for Construction
9.6.3 Aluminum Casting for Construction
9.6.4 Aluminum Powder
9.6.5 Flakes
9.6.6 and Paste for Construction
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Construction
9.10.2 Industrial Construction
9.10.3 Commercial Construction
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Extrusion for Construction
10.6.2 Aluminum FRP for Construction
10.6.3 Aluminum Casting for Construction
10.6.4 Aluminum Powder
10.6.5 Flakes
10.6.6 and Paste for Construction
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Construction
10.10.2 Industrial Construction
10.10.3 Commercial Construction
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Extrusion for Construction
11.6.2 Aluminum FRP for Construction
11.6.3 Aluminum Casting for Construction
11.6.4 Aluminum Powder
11.6.5 Flakes
11.6.6 and Paste for Construction
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Construction
11.10.2 Industrial Construction
11.10.3 Commercial Construction
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Extrusion for Construction
12.6.2 Aluminum FRP for Construction
12.6.3 Aluminum Casting for Construction
12.6.4 Aluminum Powder
12.6.5 Flakes
12.6.6 and Paste for Construction
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Construction
12.10.2 Industrial Construction
12.10.3 Commercial Construction
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Extrusion for Construction
13.6.2 Aluminum FRP for Construction
13.6.3 Aluminum Casting for Construction
13.6.4 Aluminum Powder
13.6.5 Flakes
13.6.6 and Paste for Construction
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Construction
13.10.2 Industrial Construction
13.10.3 Commercial Construction
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum for Construction Market: Competitive Dashboard
14.2 Global Aluminum for Construction Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alcoa
14.3.2 Constellium
14.3.3 Gulf Extrusions
14.3.4 Hindalco Industries
14.3.5 Novelis
14.3.6 Sapa
14.3.7 RUSAL
14.3.8 Altaiseer Aluminum
14.3.9 ALUPCO
14.3.10 Bahrain Atomizer International
14.3.11 Balexco
14.3.12 Hulamin Extrusions
14.3.13 TALCO
