Italy Pre-painted Aluminum Sheets Market Size & Outlook
Italy pre-painted aluminum sheets market, 2018-2030 (US$M)
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Italy pre-painted aluminum sheets market highlights
- The Italy pre-painted aluminum sheets market generated a revenue of USD 78.1 million in 2022 and is expected to reach USD 109.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.3% 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 78.1 million |
| Market revenue in 2030 | USD 109.6 million |
| Growth rate | 4.3% (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, Italy accounted for 1.3% 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 Europe, Germany pre-painted aluminum sheets market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 514.9 million by 2030.
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Pre-painted Aluminum Sheets Market Scope
Pre-painted Aluminum Sheets Market Companies
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Italy 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 81.05% in 2022. Horizon Databook has segmented the Italy 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.
In terms of revenue, Italy held a share of 7.2% of the pre-painted aluminum sheet market in Europe in 2022. The market is expected to register a CAGR of 4.3% over the forecast period. Positive government policies with respect to electric vehicles are expected to drive the market over the forecast period.
For instance, in April 2022, the Italian Prime Minister passed a decree to allocate EUR 650 million per year from 2022 to 2024 as an incentive to buy electric vehicles or low-emission cars. The demand for automobiles in Italy has dropped since the start of 2022 owing to the rising energy prices and increasing costs of raw materials, which have led to a surge in the costs of vehicles in the country.
However, the demand has recovered since October 2022. As such, there is a significant increase in the sales of vehicles in Italy. This is anticipated to fuel the consumption of pre-painted aluminum sheets used in vehicles, thereby driving the growth of the market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pre-painted aluminum sheets market , including forecasts for subscribers. This country databook contains high-level insights into Italy pre-painted aluminum sheets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pre-painted aluminum sheets market size, by thickness, 2018-2030 (US$M)
Italy Pre-painted Aluminum Sheets Market Outlook Share, 2022 & 2030 (US$M)
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