Global aluminium extrusion market to exceed 22 mln mt by 2019

According to a latest market research study, the global aluminium extrusion market is expected to exceed 22 million metric tonnes by 2019, growing at a CAGR of almost 7 per cent during the forecast period.

According to Chandrakumar Badala Jaganathan, a noted analyst for metals and minerals industry, “The demand for aluminium extrusions from the building and construction industry is resulting in the rapid growth of the market. Aluminium extrusions are gaining popularity among builders as they help them to attain green status for their buildings.”

The global aluminium extrusion market can be segmented into three broad categories on the basis of the product type:

• Global mill-finished aluminium market
• Global anodized aluminium market
• Global powder-coated aluminium market

Global mill-finished aluminium market

Mill-finished aluminium is an untreated product that is sold in the open market for various applications. However, integrated players with in-house powder coating and anodizing units consume mill finish for further processing.

Mill-finished products are predominantly used in applications that do not require aesthetic or additional corrosive resistivity, such as ladders, boats, and hollowware, among others. Several end-users prefer mill-finished products over value-added products due to relatively less premiums.

According to the report, the market is expected to ship over 12.7 million metric tonnes by 2019, growing at a CAGR of over 6 per cent.

Global anodized aluminium market

Anodized aluminium is aluminium covered by an oxidized layer, which enhances its mechanical properties. Anodized aluminium is more durable due to this protective layer.It is used in commercial and consumer applications in various industries such as the transportation and construction industries. It is also used in electrical appliances and home decor. In addition, it is used in satellites to provide protection from debris. Hence, the global anodized aluminium market is expected to witness significant growth during the forecast period.

According to the report, the market is expected to ship over 6.28 million metric tonns by 2019, growing at a CAGR of over 7 per cent.

Global powder-coated aluminium market

The powder-coated aluminium undergoes much processing before it is ready. First, the surface of the aluminium is cleaned to prevent flaking and enhance adhesiveness. A fine mixture of colored pigment and resin is then applied using an electrostatic spray gun or by another method, like the fluidized bed or electrostatic discs methods. The aluminium is then heated to melt the mixture, and form a hard coating. Powder-coated aluminium is used in various applications such as aerospace products, furniture tubes, vending machines, and exercise equipment.

According to the report, the market is expected to ship 3.4 million metric tonnes by 2019, growing at a CAGR of over 7 per cent.