In an aluminium anodizing plant, with the help of an electrochemical process called aluminum anodizing, the surface of an object is covered with an oxide layer. Whenever aluminium (Al) is exposed to air, it forms layers of aluminum oxide (Al2O3). The coating on the object works as an insulator to protect the particular thing free from corrosion. The process of anodization also helps to give a product an excellent decorative finish.
Related Project- Aluminium Anodizing Plant
Why Has the Demand for Aluminium Anodizing Increased?
In the last few decades, the constraint for this process has improved a lot. There are some reasons behind this increasing demand.
- After aluminum anodizing, the product holds its natural appearance.
- The pores created by aluminum anodization create a better surface where adhesion of glue becomes easy.
- Even and porous surface also helps in the adhesion of paint on the object's surface.
- In an aluminum anodization plant, primarily architectural and aircraft industry components are formed.
Other than that, consumer goods and electronic goods such as microwaves and refrigerator parts also undergo aluminum anodizing to make them long-lasting.
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Aluminium Anodizing Plant Market Size
Aluminum anodizing plants are a part of the aluminum extruded products industry. The business that goes on and around this industry includes manufacturers, vendors, service providers, and buyers. The demand for aluminum anodized products has increased due to several reasons. The key driving factors behind this growth are corrosion-resistant product formation, colored product formation, and sustainability. Countries like India, Brazil, South Africa have seen a significant boost in their economy due to the increasing demand for aluminum anodization. Just because of that, the number of plants has also increased. The market is segmented into few sections: Asia Pacific, North America, South America, Europe, and North and East Africa.
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Expected Growth of the Industry
If the aluminum extruded product industry, the aluminum anodized plant-based industry is the second most profitable source right after mill finished aluminum products. The current net worth of the aluminum anodizing plant industry globally is almost 35 billion USD. By the last leg of 2021; it is supposed to reach roughly 50 billion USD approximately. The CAGR at which the industry is expected to grow is 6.7%. Asia Pacific area is normal to produce most in the middle of all the areas where the industry has left its mark. In the Asia Pacific Region, China has shown the most promising progress regarding new aluminum anodizing plant formation and anodized aluminum products for several industries such as the electronic industry, architectural industry, and few others. Urbanization and industrialization drive the growth of this industry in India and other southeastern Asian countries, which are not far behind China. The global market is supposed to witness a downfall due to the ongoing COVID-19 pandemic.
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CONCLUSION
The project report by Niir Project and Consultancy Services (NPCS) on the growth of the aluminum anodizing plant is detailed, and the information regarding the same has been produced after thorough research of this particular industry. This report can gather context about the market value, market growth rate, and key market trends and influences. This industrial report has been made after studying and researching in-depth. It is verified by experts and professionals and is completely reliable. You will find it beneficial for multiple purposes. You can quickly draw an idea through primary research about a global review and the residential and non-residential domestic market of aluminum fabrication doors. No matter if you are a supplier, investor, or manufacturer, you can easily trust this report and seek the benefits from studying it.
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