Report

Global Aluminum Spacers Market Size study, By Product Type (Bendable, Non-Bendable ), By End Use (Transport, Building and Construction, Machinery and Equipment), and Regional Forecasts 2022-2028

  • Publish Date: Oct,2022
  • Report ID: QI037
  • Page : 200
  • Report Type : PDF (Email)
Global Aluminum Spacers Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Aluminum Spacers can be defined lightweight and non-magnetic material used to bridge the gap between the two objects. These spacers are utilized to reduce wear and tear, eliminate friction & vibration, and provide basic sealing properties between various objects. These spacers are used across different industries including Automotive sector, Building & Construction sector among others. The rising Automotive Sector worldwide and increasing end use applications of Aluminum Spacers as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, According to International Energy Agency (IEA) estimates- during 2020, globally around 3 million new electric cars were registered and this number more than doubled in 2021 and reached to 6.6 million units. Furthermore, leading market players are working towards new acquisitions to enhance their geographical footprints. For instance, in April 2021, Italy based Alu-Pro, a leading aluminum spacer manufacturer acquired Erbsloh-Rolltech A/S of Denmark, a unit of Velbert, Germany based Erbsloh AG group. This acquisition would enable Alu-Pro to offer a complete range of spacers for insulating glass in aluminum, steel, and stainless steel as the company has strong presence in Scandanavia, Benelux, Germany, and Nordic countries. Also, growing industrialization in developing regions coupled with rising investment in building & construction Sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a volatile cost of raw materials and availability of steel spacers impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Aluminum Spacers Mmarket study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing building and construction sector as well as presence of leading market players. Whereas, Asia pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the automotive sector as well as presence of leading market players, would create lucrative growth prospects for the global Aluminum Spacers Mmarket across the Asia Pacific region.

Major market players included in this report are:

Allmetal, Inc.

ALU-PRO Srl

AM Industries, Inc.

Avantus Aerospace

Bokers Inc

Fenzi North America

Keystone Electronics corp

LISI Aerospace

Jinsheng New Energy Technology Group

Merk KGaA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type

Bendable

Non-Bendable

By End Use

Transport

Building and Construction

Machinery and Equipment

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Aluminum Spacers Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors