How to Start Business of Aluminum Extrusion Plant

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The aluminum industry has been around since the late 1800s, and itâ€™s only grown bigger and stronger since then. Today, in order to meet the demand of worldwide consumers, the aluminum industry uses some of the most efficient and innovative machinery in production today to bring its product to consumers worldwide. One of these technologies includes aluminum extrusion plant systems, which are the backbone of any aluminum manufacturing companyâ€™s supply chain process.

Aluminum extrusion is a process by which aluminum alloy material is forced through a die with a specific cross-sectional profile. A powerful ram pushes the aluminum through the die and it emerges from the die opening. When it does, it comes out in the same shape as the die and is pulled out along a run out table.

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Use and Application of Aluminium Extrusion Plant

Architecture and Construction

This category of applications ranges from railings and balustrades to building facades and bleachers. Stiff and lightweight aluminum section is ideal for applications like canopies where the structure canâ€™t weigh much but must handle a load. (High stiffness means you need less of it, which translates to more weight-saving.) Itâ€™s also used for suspended ceilings and in walls.

Display equipment

Almost every stand youâ€™ve ever seen at a trade show or exhibition was constructed with extruded material. Thatâ€™s because extruded section can be designed so pieces interlock, making assembly quick and easy. Itâ€™s easy to move around too, and it can be finished any number of ways for an attractive and durable appearance.

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Electrical Systems

As itâ€™s a good conductor, extruded aluminum is sometimes used for bus bars and related electrical equipment. Another application is in lighting. Modern LED fixtures in particular can have thermal management challenges. Aluminum extruded with fins makes an excellent radiator or heat exchanger, is easily mounted to and colored, and doesnâ€™t weigh too much when mounted overhead.

Industrial

Walk through any factory, (ours included,) and youâ€™re almost guaranteed to see aluminum extrusion being put to work. Itâ€™s the material of choice for equipment like workbenches, inspection tables and carts because itâ€™s easy to cut and drill, lightweight yet stiff, and good value-for-money. It also has the added attraction of being extendible: if a workbench needs modifying thatâ€™s quickly done.

Transportation

Weight and light weighting are big concerns in transportation. Aerospace is an obvious example, but then there are automotive applications like trailers. Keeping trailer weight low lets the tow vehicle expend more torque on hauling stuff and less on moving the trailer itself. Note that this applies as much to horse and boat trailers as it does to 53â€™ semi-trailers.

Benefits of Starting Aluminium Extrusion Plant

1 Aluminium Extrusion Plant produces high-grade raw material required for manufacture of various products that are used in our day-to-day life such as kitchen utensils and containers.

2 The cost of power consumption at Aluminium Extrusion Plant is also very low due to which it has a competitive edge over other manufacturing industries in terms of profitability.

3 Aluminum Extrusion Plant has also less harmful emissions than any other types of plants due to which its emissions per ton of production is about 200 times lower than those emitted by coal fired power plants.

4 Since it does not need an external fuel source, it can be operated on solar or wind energy too. Another reason for Aluminium Extrusion Plant being so popular among manufacturers is that there is little requirement of skilled labour which makes the maintenance easier.

5 It also requires comparatively less land area when compared to other plants and hence can be set up anywhere even near residential areas without causing any problem.

6 Due to all these reasons, Aluminium Extrusion Plant has become a backbone of the aluminum industry worldwide.

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Indian Market Outlook of Aluminium Extrusion Plant

The India aluminum extrusion market size was valued at $1.3 billion in 2019, and is projected to reach $2.5 billion by 2027, growing at a CAGR of 8.3% from 2020 to 2027.

India Aluminum Extrusion Market By Product Type – Mill-finished extrusion accounted for highest market, owing to rise in demand for low-cost extruded aluminum products for electrical and automotive applications such as cylinder heads, blocks, and covers. Anodized extrusion is expected to witness highest market growth, owing to its high durability and clean appearance, is expected to foster the India aluminum extrusion market growth during the forecast period.

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India Aluminum Extrusion Market By End User – The building and construction segment accounted for highest revenue share. Due to high strength to weight ratio of aluminum, it is more suitable for large buildings in seismic zones. For instance, aluminum’s strength to weight ratio is 1/8, whereas for stainless steel it is 1/16. Industrial end user is expected witness highest market growth, owing to rise in demand of lightweight aluminum profiles in various industrial applications is expected to drive the market growth. Aluminum extrusion is expected to replace conventional materials in many industrial places, due to its lightweight, high corrosion resistance, and high strength to weight ratio.

Global Market Outlook of Aluminium Extrusion Plant

The global aluminum extrusion market was valued at USD 86,537 million in 2021 and is expected to reach the valuation of USD 1,46,202 million by 2030. The market is expected to grow at a CAGR of 6% during the forecast period (2022â€“2030). By product type, the mill-finished products segment is expected to dominate the market with an estimated figures of USD 82628 million by 2030 at a CAGR of 6%. By end-use, the building and construction segment has the maximum market value of USD 85167 million by 2030 at the CAGR of 6%.

The Asia-Pacific region holds the major share of the global aluminum extrusion market with an estimated market value of USD 41466 million by 2030 at a CAGR of 7%.

The U.S is anticipated to play a significant role in the development of the aluminum extrusions market owing to the presence of a large automotive industry and growing industrial use of extruded aluminum. The expansion of the aluminum extrusions industry in the United States will be supported by a shift toward the adoption of green buildings, hence the demand for extruded aluminum is increasing. China, the leading market for aluminum extrusions, accounts for 59.5% share of the global market value. Evolving manufacturing sector in the country and the rising per capita GDP have resulted in demand for world-class infrastructure in the country. The building & construction industry to propel the demand for aluminum profiles in China. Rapid urbanization, rising per capita income, and an increasing population are driving market expansion in China, resulting in increased investments in the residential and infrastructural sectors.

If you need information about the Business of Aluminium Extrusion Plant, then contact NPCS. The project report from Entrepreneur India enables you to choose a profitable project for investing. If you are thinking about starting a business, one of the first things you should do is contact NPCS. They offer a range of services that can help you get your business off the ground, including project management, feasibility studies, and market research. Now is the time to do it. NPCS can help you get started

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