• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
Aluminum is recognized as one of the most energy efficient and sustainable construction materials. Aluminum is especially receptive to today’s high-performance, architectural coatings. As a result, the wide variety of factory-applied coatings and colors perform well and stay colorfast. This is a crucial consideration in steep slope roof applications that make the roof a highly visible architectural element. The coatings also help ensure virtually maintenance-free performance and long service life. Aluminum also provides a high degree of radiant heat reflectivity regardless of whether a roof is low or steep slope. This ability to deflect the sun’s heat-generating rays results in less heat transfer to the interior of the building during the summer which, in turn, lowers energy costs by reducing cooling loads.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Aluminum for Construction market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
The global Aluminum for Construction market is projected to grow from USD 138,690 million in 2019 to USD 176,452 million by 2026, at a CAGR of 3.5% during this period.
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Competitive Landscape
RUSAL
Altaiseer Aluminum
Bahrain Atomizer International
ALUPCO
Alcoa
Hindalco Industries
Novelis
Constellium
Sapa
Novelis
Growth Driver
Rise in global economic growth rate is expected to increase the construction spending of customers in advanced and emerging economies, which in turn assists in aluminum market expansion. Furthermore, rapid industrialization and urbanization in the emerging economies are some of the other crucial factors that expected to boost market growth.
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Regional Overview
The Asia Pacific is anticipated to be the fastest growing region during the predicted period. China is the largest market in APAC because it attracts maximum investments in the construction activities. Furthermore, the increase in construction spending with stronger growth in the infrastructure and non-residential sectors will increase the consumption of aluminum in the APAC nations during the forecast period. Besides, the further development of urbanization and increasing growth of construction industry are also helping the market to grow in this region.
Type Overview
The various product types are Aluminum Extrusion for Construction, Aluminum FRP for Construction, and Aluminum Casting for Construction.
Application Overview
Aluminum for Construction is widely used by Residential Construction, Industrial Construction, and Commercial Construction.
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Target Audience:
• Aluminum for Construction manufacturers
• Raw material suppliers of Aluminum for Construction
• Distributors and resellers of Aluminum for Construction
• Aluminum for Construction industry associations
• Product managers, Aluminum for Construction industry administrator, C-level executives of the industries
• Market Research and consulting firms
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