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Global Automotive Aluminium Market: By Form: Cast Aluminium, Rolled Aluminium, Extruded Aluminium; By Vehicle: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Automotive Aluminium Market Outlook

The global automotive aluminium market stood at a value of USD 36.8 billion in 2020. The industry is further expected to grow at a CAGR of 8.5% in the forecast period of 2022-2027 to reach a value of USD 60 billion by 2026. The demand in the global automotive aluminium industry is rising as a result of the growing demand in the automobile industry.

 

Global Automotive Aluminium Market

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Properties and Applications

Aluminium is used in the automotive industry in the manufacturing of car body, powertrain, and chassis and suspension as it offers exceptional safety, durability, fuel efficiency, and diminished emissions.

 

Global Automotive Aluminium Market by Form

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Automotive aluminium finds its uses in the following vehicles:

  • Passenger Car
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

The automotive aluminium industry can be bifurcated based on industry trends into:

  • Economic Indicators
  • Revenue Pocket Matrix

The report also covers the regional industries of the product like the Asia-Pacific, Europe, North America,Latin America, and Middle East and Africa.

 

Global Automotive Aluminium Market by Region

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Market Analysis

The global automotive aluminium market is being driven by the growing demand for automobiles in North America, Europe, and Asia Pacific regions. The recyclability associated with aluminium is fostering the demand for the aluminium in the automotive industry. The industries in China and India are expected to grow at a faster pace as compared to other markets due to the increasing demand for automobiles in the two countries.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global automotive aluminium industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Novelis Aluminum Inc.
  • Constellium SE
  • AMG Advanced Metallurgical Group
  • UACJ Corporation
  • Norsk Hydro ASA
  • Rio Tinto Limited
  • Aleris Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter’s five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Vehicle, Application, Region
Breakup by Form Cast Aluminium, Rolled Aluminium, Extruded Aluminium
Breakup by Vehicle Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
Breakup by Application Powertrain, Chassis & Suspension, Car Body, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Novelis Inc., Constellium SE, AMG Advanced Metallurgical Group, UACJ Corporation, Norsk Hydro ASA, Rio Tinto Limited, Aleris Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Automotive Aluminium Market Analysis
    4.1    Global Automotive Aluminium Historical Market (2017-2021) & Forecast (2022-2027)
    4.2    Global Automotive Aluminium Market Breakup by Form
        4.2.1    Cast Aluminium
        4.2.2    Rolled Aluminium
        4.2.3    Extruded Aluminium
    4.3    Global Automotive Aluminium Market Breakup by Form: Historical Market (2017-2021) & Forecast (2022-2027)
        4.3.1    Cast Aluminium
        4.3.2    Rolled Aluminium
        4.3.3    Extruded Aluminium
    4.4    Global Automotive Aluminium Market Breakup by Vehicle
        4.4.1    Passenger Car
        4.4.2    Light Commercial Vehicle (LCV)
        4.4.3    Heavy Commercial Vehicle (HCV)
    4.5    Global Automotive Aluminium Market Breakup by Vehicle: Historical Market (2017-2021) & Forecast (2022-2027)
        4.5.1    Passenger Car
        4.5.2    Light Commercial Vehicle (LCV)
        4.5.3    Heavy Commercial Vehicle (HCV)
    4.6    Global Automotive Aluminium Market Breakup by Application
        4.6.1    Powertrain
        4.6.2    Chassis & Suspension 
        4.6.3    Car Body
        4.6.4    Others
    4.7    Global Automotive Aluminium Market Breakup by Application: Historical Market (2017-2021) & Forecast (2022-2027)
        4.7.1    Powertrain
        4.7.2    Chassis & Suspension 
        4.7.3    Car Body
        4.7.4    Others
    4.8    Global Automotive Aluminium Market Breakup by Region
        4.8.1    North America
            4.8.1.1    United States of America
            4.8.1.2    Canada
        4.8.2    Europe
            4.8.2.1    Germany
            4.8.2.2    United Kingdom
            4.8.2.3    France
            4.8.2.4    Italy
            4.8.2.5    Others
        4.8.3    Asia Pacific
            4.8.3.1    China
            4.8.3.2    Japan
            4.8.3.3    India
            4.8.3.4    ASEAN
            4.8.3.5    Others
        4.8.4    Latin America
            4.8.4.1    Brazil
            4.8.4.2    Argentina
            4.8.4.3    Mexico
            4.8.4.4    Others
        4.8.5    Middle East & Africa
            4.8.5.1    Saudi Arabia
            4.8.5.2    United Arab Emirates
            4.8.5.3    Nigeria
            4.8.5.4    South Africa
            4.8.5.5    Others
    4.9     Global Automotive Aluminium Market Breakup by Region: Historical Market (2017-2021) & Forecast (2022-2027)
        4.9.1    North America
            4.9.1.1    United States of America
            4.9.1.2    Canada
        4.9.2    Europe
            4.9.2.1    Germany
            4.9.2.2    United Kingdom
            4.9.2.3    France
            4.9.2.4    Italy
            4.9.2.5    Others
        4.9.3    Asia Pacific
            4.9.3.1    China
            4.9.3.2    Japan
            4.9.3.3    India
            4.9.3.4    ASEAN
            4.9.3.5    Others
        4.9.4    Latin America
            4.9.4.1    Brazil
            4.9.4.2    Argentina
            4.9.4.3    Mexico
            4.9.4.4    Others
        4.9.5    Middle East & Africa
            4.9.5.1    Saudi Arabia
            4.9.5.2    United Arab Emirates
            4.9.5.3    Nigeria
            4.9.5.4    South Africa
            4.9.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Competitive Landscape & Supplier Analysis
    7.1    Novelis Inc.
    7.2    Constellium SE
    7.3    AMG Advanced Metallurgical Group
    7.4    UACJ Corporation
    7.5    Norsk Hydro ASA
    7.6    Rio Tinto Limited
    7.7    Aleris Corporation
    7.8    Others
8    Industry Events and Developments

Additional Customisations Available:

1    Cost Analysis and Project Economics
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

Key Questions Answered in the Report

The global automotive aluminium market reached a value of USD 36.8 billion in 2020.

The industry is further likely to grow at a CAGR of 8.5% in the forecast period of 2022 and 2027.

The market is expected to reach a value of USD 60 billion by 2026.

The major drivers of the industry include the rising population, rising disposable incomes, and the growing demand in the automobile industry.

The recyclability associated with aluminium could act as an important industry trend aiding the growth of the market.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The leading forms of automotive aluminium in the industry are cast aluminium, rolled aluminium, and extruded aluminium.

The significant vehicles in the market are passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).

The major applications segment of the product in the industry are powertrain, chassis and suspension, and car body, among others.

The key players in the market are Novelis Inc., Constellium SE, AMG Advanced Metallurgical Group, UACJ Corporation, Norsk Hydro ASA, Rio Tinto Limited, and Aleris Corporation, among others.

Analyst Review

The global automotive aluminium market attained a value of USD 36.8 billion in 2020, driven by the growing demand in the automobile industry. Aided by the recyclability associated with aluminium, the industry is expected to witness more demand from the automotive sector in the coming years. The market is projected to grow at a CAGR of 8.5% in the forecast period of 2022-2027 to reach USD 60 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the industry can be segmented into cast aluminium, rolled aluminium, and extruded aluminium. On the basis of vehicle, the industry can be segmented into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). Based on application, the industry can be segmented into powertrain, chassis and suspension, and car body, among others. The major regional markets for automotive aluminium are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Novelis Inc., Constellium SE, AMG Advanced Metallurgical Group, UACJ Corporation, Norsk Hydro ASA, Rio Tinto Limited, and Aleris Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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