Global Anodized Aluminum Market Size By Product (Nano-Porous, Porous), By Application (Chromic Acid Anodizing, Sulfuric Acid Anodizing), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Anodized Aluminum Market size was valued at USD 2.73 Billion in 2024and is projected to reach USD 3.9 Billion by 2031, growing at a CAGR of 5.02% from 2024 to 2031.
Demand for better products in terms of looks, design, durability, etc. will increase the demand for Anodised Aluminium Market during the forecasted period. The Global Anodized Aluminum Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Anodized Aluminum Market Definition
Anodizing is a process for changing the surface chemistry of Aluminium and other metals. It enhances aesthetic qualities, protects against corrosion, resists scratching, and is one of the most durable surface finishes available. Anodised Aluminum is one of the most widely used materials in the construction sector. It is easy to find anodized parts within doors, bathroom accessories, roofs, windows, and interior and exterior finish in buildings, It is also used in making vehicle parts. Anodizing can be done in several ways, like Chromic acid anodizing, Sulfuric acid anodizing, Silicon anodizing, Hard anodizing, etc.
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Global Anodized Aluminum Market Overview
Some of the significant benefits of anodizing Aluminium include corrosion resistance, erosion resistance, and abrasion resistance. It can also be used for dyeing and increased adhesion. Due to these benefits offered over conventional metals, anodized metals/aluminum are expected to increase in demand during the forecast period. Moreover, with the emergence of new industrial technologies such as industrial robots, IoT, etc., various industries have witnessed a substantial increase in productivity and efficiency, further increasing the Global Anodised Aluminium market.
However, unfavorable geographic and political conditions could impact the overall sales revenue of the global Anodized Aluminum Market. Aluminium anodizing companies are targeting hotels and other tourism-based facilities to gain more contracts, which will help them expand their market during the forecasted period.
Global Anodized Aluminum Market Segmentation Analysis
The Global Anodized Aluminum Market is Segmented on the basis of Product, Application, and Geography.
Anodized Aluminum Market, By Product
• Nano-porous• Porous
Based on the Product, the market is bifurcated into Nano-porous and Porous. Nano-porous type of anodized aluminum has arrays of nano-sized uniform pores with controllable pore sizes and lengths by the anodization process. During the forecasted period, nanoporous materials are anticipated to lead the market because of their use in various areas such as thermal barriers, gas sensors, solar cells, drug delivery, and biomedical applications. It is due to its ease of preparation and the possibility of tailoring chemical and physical properties.
Based on Application, the market is bifurcated into Chromic acid anodizing, Sulfuric acid anodizing, Silicon Anodizing, and Hard anodizing. Chromic acid anodizing is notable for its resistance to corrosion and good paint adhesion. Sulfuric acid anodizing gives the material, once painted, a high-quality metallic appearance. Silicon anodizing is not used for decoration but rather for parts that will not be visible. The market for Sulfuric acid anodizing is anticipated to grow during the forecasted period due to its aesthetic and shiny metallic appearance.
Anodized Aluminum Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global Anodized Aluminum Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Out of these regions, Asia Pacific held a dominant position in the global Anodized Aluminum Market during the base year and accounted for 40% of the market share. It is also anticipated to dominate the market during the forecasted period.
Key Players
The “Global Anodized Aluminum Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are SAF, Bonnell Aluminum, Lorin Industries, Superior Metal Technologies, PAC-CLAD, Bowers Manufacturing, Arcadia, ALUPCO, A. & D. Prevost, AaCron, Dajcor Aluminum, Bodycote, Briteline, ALDECA, AST Group, AMEX Plating, Apex Aluminum, AREXCO, ALBEI, Anometal, and InRedox.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
• On March 25, 2020, Aluminum Anodizing Is Essential To Keeping The Manufacturing Supply Chain Running. The Aluminum Anodizers Council (AAC) supports the Aluminum Association’s assessment that the aluminum industry is crucial to ensuring that the manufacturers keep working by producing necessary supplies during the current Coronavirus emergency orders.
• On September 13, 2021, The Aluminum Anodizers Council (AAC) held their annual Board of Directors elections during the Aluminum Summit in Nashville, TN.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
SAF, Bonnell Aluminum, Lorin Industries, Superior Metal Technologies, PAC-CLAD, Bowers Manufacturing, Arcadia, ALUPCO, A. & D. Prevost, AaCron, Dajcor Aluminum.
SEGMENTS COVERED
By Product
By Application
By Geography
CUSTOMIZATION SCOPE
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Research Methodology of Market Research
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Reasons to Purchase this Report
We dig deep, using both numbers and qualitative insights to understand the market, breaking it down by economic and non-economic factors. We'll give you the market value (in USD Billion) for every segment and sub-segment, pinpointing the region and segment poised for explosive growth and market dominance. We'll also analyze each region, showing you product/service consumption and the factors influencing each market. Get the inside scoop on the competitive landscape, including major players' market rankings, recent new launches, partnerships, expansions, and acquisitions. Our extensive company profiles provide a company overview, key insights, product benchmarking, and a SWOT analysis for the big players. We'll give you a look at the present and future of the industry, highlighting growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We’ll also provide an in-depth look at the market through Porter's five forces analysis and offer valuable insight through the Value Chain. Finally, we'll paint a picture of the market dynamics, highlighting growth opportunities in the years ahead, and include 6 months of post-sales analyst support.
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