India Pre-painted Aluminum Sheets Market Size & Outlook
India pre-painted aluminum sheets market, 2018-2030 (US$M)
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India pre-painted aluminum sheets market highlights
- The India pre-painted aluminum sheets market generated a revenue of USD 328.6 million in 2022 and is expected to reach USD 511.6 million by 2030.
- The India market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, 2.5 mm -3.0 mm was the largest revenue generating thickness in 2022.
- 2.5 mm -3.0 mm is the most lucrative thickness segment registering the fastest growth during the forecast period.
Pre-painted aluminum sheets market data book summary
| Market revenue in 2022 | USD 328.6 million |
| Market revenue in 2030 | USD 511.6 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | 2.5 mm -3.0 mm |
| Fastest growing segment | 2.5 mm -3.0 mm |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Under 2.5 mm, 2.5 mm -3.0 mm |
| Key market players worldwide | Changjiang & Jinggong Steel Building (Group), Arconic, Cascadia Metals, Italcoat, Novelis, Richard Austin Alloys |
Other key industry trends
- In terms of revenue, India accounted for 5.5% of the global pre-painted aluminum sheets market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pre-painted aluminum sheets market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 511.6 million by 2030.
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Pre-painted Aluminum Sheets Market Scope
Pre-painted Aluminum Sheets Market Companies
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India pre-painted aluminum sheets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pre-painted aluminum sheets market will help companies and investors design strategic landscapes.
2.5 mm -3.0 mm was the largest segment with a revenue share of 75.99% in 2022. Horizon Databook has segmented the India pre-painted aluminum sheets market based on under 2.5 mm, 2.5 mm -3.0 mm covering the revenue growth of each sub-segment from 2018 to 2030.
The initiatives undertaken by the Government of India, including Skill India and Make in India, have prompted a number of automakers to set up their plants in the country and procure high-quality pre painted aluminum sheets from their vendors.
This is anticipated to positively impact the growth of the market in India from 2023 to 2030. The rising demand for auto components owing to the surging production of automobiles, increasing exports of vehicles, and diversifying automotive industry has fueled the demand for pre-painted aluminum sheets in the country.
As the automotive industry in India has been showing significant growth potential, it has led to long-term expansion strategies by top car manufacturers in the country. This, in turn, is expected to enhance the demand for pre-painted aluminum sheets in India from 2023 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the India pre-painted aluminum sheets market , including forecasts for subscribers. This country databook contains high-level insights into India pre-painted aluminum sheets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pre-painted aluminum sheets market size, by thickness, 2018-2030 (US$M)
India Pre-painted Aluminum Sheets Market Outlook Share, 2022 & 2030 (US$M)
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