Latest industry survey by Fact MR, predicts Aluminum Sheet Metal sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges. The report offers actionable and valuable market insights of Aluminum Sheet Metal. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Aluminum Sheet Metal Market across various industries and regions.According to Fact.MR’s recent study on the global sheet metal market, the industry is projected to expand at a healthy CAGR of 5% over the 2021 to 2031 time period, and reach a valuation of over US$ 496 Bn by 2031-end. As of 2021, the market is anticipated to be valued at US$ 292 Bn. The market is expected to expand 1.7x across the 2021-2031 assessment period.
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Sheet metal Market: Segmentation
Fact.MR has segmented the sheet metal market on the basis of material, application, end-use and region.
- Vehicle Bodies
- Electrical appliances
- Storage and Packaging
- Automotive sector
- Aerospace Industry
- Industrial tool and machinery
- Building & Construction
- Home appliances
- North America
- Latin America
- East Asia
- South Asia & Oceania
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Competition in the global market for sheet metal is expected to rise, with players focusing on gaining a competitive advantage and increasing their market foothold.
- In August 2021, Cornerstone Building Brands, Inc. announced that it has completed the previously announced sale of its Insulated Metal Panels business to Nucor Insulated Panel Group, Inc. and certain of its subsidiaries in a cash transaction for $1 billion.
- In August 2021, ATAS International announced the launch of a new linear ceiling panel- the Opaline Metal Panel. This flexible panel, in four profiles, can be used as a linear metal ceiling. It can be snapped into a suspension carrier to create a complete system, or mechanically attached to most standard substrates.
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More Valuable Insights on Aluminum Sheet Metal Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Aluminum Sheet Metal, Sales and Demand of Aluminum Sheet Metal, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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