Aluminium is a versatile material integral to modern life. The metal is found in everything from soda cans to cell phones to window frames to airplanes. The aluminium industry can be categorized into two principal segments. The key segment is the production of primary aluminium by integrated producers engaged in the entire value chain from the mining of bauxite in an alumina refinery, and conversion of alumina into primary aluminium metal in an aluminium smelter.
The extrusions segment is the preserve of the secondary producers with nearly 40 players, such as Jindal Aluminium, Century Aluminium, Sudal Industries, Bihar Extrusions and BhorukaAluminium, which account for over 80 per cent of the aggregate production capacity of tonnes.
Aluminium extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. The increased usage in green initiatives is driving the growth of the Aluminium extrusion market. Technavio’s market research analyst estimates the global Aluminium extrusion market to witness a tremendous growth at a rate of around 7% during the forecast period.The growth of the automobile industry is anticipated to drive the growth of this market during the forecast period. Aluminium extrusion is replacing steel in automobiles and transport.As a whole it is a good project for new entrepreneurs to invest.
Few Indian Major Players are as under
AaryanExtrutech India Ltd.
Alexcon Extrusions Ltd.
AliconCastalloy Ltd.
Aluminium Profiles Ltd.
Anurang Engineering Co. Pvt. Ltd.
Bharat Containers Pvt. Ltd.
Decora Tubes Ltd.
E V AAlu Panel Ltd.