Global Automotive Aluminum Market – Industry Trends and Forecast to 2027

  • Chemical and Materials
  • Upcoming Report
  • Dec 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Automotive Aluminum Market By Product Form (Cast Aluminum, Rolled Aluminum, Extruded Aluminum), By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), By Application (Powertrain, Chassis & Suspension, Car Body), By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027

Market Analysis and Insights: Global Automotive Aluminum Market

Automotive aluminum market is expected to gain market growth in the forecast period of 2020 to 2027. Data bridge market research analyses that the market is expected to reach USD 122.04 billion by 2027 growing at a growth rate of 8.90% in the above mentioned forecast period. The automotive aluminum market is driven by factor such as rise in demand of the lightweight vehicles.  

Some of the factors such as increasing growth of automotive industry will lead to raise rules and regulations for fuel efficiency and emission and improvement in driving dynamics are also anticipated to boost the market demand of automotive aluminum in the forecast period of 2020-2027. On the other hand, increasing demand for electric vehicles and adoption of new system that will provide comfort and safety will further create new opportunities for the growth of the automotive aluminum market in the above mentioned forecast period.  

Easy availability of product substitutes and rising production cost of vehicles will acts as a factor that hampers the growth of the automotive aluminum market in the forecast period of 2020-2027.

Automotive aluminum market report provides details of new  developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research automotive aluminum market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Automotive Aluminum Market Scope and Market Size

Automotive aluminum market is segmented on the basis of product form, vehicle type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of product form, automotive aluminum market is segmented into cast aluminum, rolled aluminum and extruded aluminum.  Cast aluminum is further segmented into die casting, permanent mold casting and sand casting. Rolled aluminum is further segmented into aluminum plate, aluminum sheet and aluminum foil.

Based on vehicle type, automotive aluminum market is segmented into passenger cars, light commercial vehicles (lcv) and heavy commercial vehicles (hcv).

Based on the application, automotive aluminum market is segmented into powertrain, chassis & suspension and car body. Powertrain is further segmented into pistons, engine blocks, fuel systems, heat shields and heat exchangers. Chassis & suspension is further segmented into suspension parts, wheels, steering system and break systems. Car body is further segmented body structure, roof and trim, car interiors and hang-on parts.

Automotive Aluminum Market Country Level Analysis

Automotive aluminum market is analysed and market size, volume information is provided by country, product form, vehicle type and application as referenced above.  

The countries covered in the automotive aluminum market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market due to the large market share in the automotive aluminum market because of implementation of corporate average fuel economy standards which       gives direction to the automobile companies to maintain fuel efficiency while the Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027 due to the rising investment which further creates demand for automobile in India and China.

The country section of the automotive aluminum market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of domestic tariffs and trade routes are considered while provided forecast analysis of the country data.

Competitive Landscape and Automotive Aluminum Market Share Analysis

Automotive aluminum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive aluminum market.

The major players covered in the automotive aluminum market report are Aditya Birla Management Corporation Pvt. Ltd., Alcoa Corporation, Constellium, AMG Aluminium, UACJ Corporation., Norsk Hydro ASA, Rio Tinto, Aleris Corporation, Aluminum Corporation of China Limited, ElringKlinger AG, Progress-Werk Oberkirch AG, Dynacast, Farinia Group, Aluminium Bahrain (Alba)., Gränges, GIBBS, Endurance Technologies Limited., RYOBI Aluminium Casting (UK) Ltd, CITIC Dicastal Co., Ltd, Vedanta Resources Limited., among other domestic and global players. Pipe coating market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (APAC), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

In August 2019, Novelis announced the launch of Advanz™ 6HS-s650 an aluminium automotive body sheet that will provide high strength, lightweighting and structural integrity to the automotive products. It also used as an application in pillars, floors, tunnels, rockers and among others which helps to maximise the value of product by reducing CO2 and transportation cost.

Customization Available : Global Automotive Aluminum Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about, in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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