Automotive Aluminum Market Driving Away With $ 62 Bn By 2026

The Global Automotive Aluminum Market is estimated to cross Market Size of US$ 62 Billion by 2026 with a CAGR of 8.4% during the forecast period 2019 to 2026.

Growth is triggered by higher emission standards and environmental concerns. Casting, laminated products, extruded products and stampings are the main aluminum forms used in the automotive industry. The automotive industry uses aluminum combined with copper, manganese or silicone to produce high resistance parts. The advantages, such as small weight, high strength and reduced emissions, should encourage vehicle makers to choose aluminium as their choice material.

The worldwide manufacturing of cars including passenger cars and business vehicles, according to OICA, stood at 89,8 million units in 2014, reaching 97,3 million in 2017. The demand for cars has risen and the use of aluminum is expected to fuel the next few years. Automakers are now using lightweight, fuel-efficient cars such as aluminum.

Input expenses such as electricity, wages and manufacturing, to name only a few, have become the main restraint for the sector. Changes in the regulatory landscape and increasing environmental concerns have also led producers in the industry to opt for fresh techniques that can deliver energy saving measures and boost production.

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Key Highlights

The passenger car segment is expected to generate more than 38 billion US$ by 2026 in terms of income.

Increased demand for passenger vehicles is due to the fact that Light business vehicles in China and India in particular are expected to grow by around 11% at the greatest CAGR over the predicted era.

In the section of volume, the largest CAGR of around 9 percent from 2019 to 2026 is expected to contribute to development in the manufacturing capacity of leading automakers. The main drivers in the segment are the shift towards lightweight materials to enhance vehicle efficiency.

The biggest volume share in Asia Pacific was around 40% in 2018. Growth is driven by expansion along with automotive investment.

North America is expected, as a result of rigid carbon norms in the area, to record the largest CAGR of more than 10 per cent from 2019 to 2026.

The automotive industry is dedicated to manufacturing cars that deliver superior performance, fuel efficiency, high safety and convenience for passengers. Aluminum has become one of the main decisions of auto manufacturers, which want cars to stand high on all these metrics, due to characteristics such as low weight and high performance, corrosion resistance and flexibility. Aluminum is also environmentally friendly to the car, as the majority of the aluminum in a car can be recycled.

A broad outline of current market growth dynamics and projections for the future growth trajectory of the market and its sections is provided by the study on the worldwide automotive aluminum markets. The report also provides a thorough overview of the variables that will significantly affect the general business growth of the report over the forecast period.

Key Players & Strategies

Market suppliers focus on organic development strategies in order to reach a competitive advantage. Constellium introduced, for example, its fresh automotive structure in Zilina, Slovakia, in November 2018. The new plant is a strategy of expansion into the market in Eastern Europe. It manufactures parts for the body structure and aluminum crash management systems.

Key Player in this industry included are UACJ Corporation; AMG Advanced Metallurgical Group; Martinrea Honsel Germany GmbH; Constellium N. V.; Bodine Aluminum, Inc.; Farinia Group; Endurance Technologies Limited; Dynacast; Aluminium Bahrain (Alba); GAleris, Federal-Mogul Holding Corporation; Dana Holding Corporation; Kaiser Aluminum; ranges Innovative Aluminum Engineering; Norsk Hydro ASA; Ryobi Ltd; NEMAK Innovative Lightweighting; Gibbs Die Casting Corporation; and CITIC Dicastal Co., Ltd.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Automotive Aluminum
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Aluminum Market By End Use
1.2.2.1. Global Automotive Aluminum Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.2.2. Global Automotive Aluminum Market Revenue Share By End Use in 2017
1.2.2.3. Heavy Commercial Vehicles
1.2.2.4. Light Commercial Vehicles
1.2.2.5. Passenger Cars
1.2.3. Automotive Aluminum Market By Application
1.2.3.1. Global Automotive Aluminum Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Automotive Aluminum Market Revenue Share By Application in 2017
1.2.3.3. Suspension
1.2.3.4. Powertrain
1.2.3.5. Body Structure
1.2.3.6. Others
1.2.4. Automotive Aluminum Market by Geography
1.2.4.1. Global Automotive Aluminum Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Automotive Aluminum Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Automotive Aluminum Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Automotive Aluminum Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Automotive Aluminum Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Automotive Aluminum Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Automotive Aluminum Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Automotive Aluminum Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Automotive Aluminum Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Automotive Aluminum Major Manufacturers in 2017

CHAPTER 4. AUTOMOTIVE ALUMINUM MARKET BY END USE

4.1. Global Automotive Aluminum Revenue By End Use
4.2. Heavy Commercial Vehicles
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Light Commercial Vehicles
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Passenger Cars
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. AUTOMOTIVE ALUMINUM MARKET BY APPLICATION

5.1. Global Automotive Aluminum Revenue By Application
5.2. Suspension
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Powertrain
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Body Structure
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

6.1. North America Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Automotive Aluminum Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

7.1. Europe Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

8.1. Asia-Pacific Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

9.1. Latin America Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 10. MIDDLE EAST AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

10.1. Middle East Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 11. AFRICA AUTOMOTIVE ALUMINUM MARKET BY COUNTRY

11.1. Africa Automotive Aluminum Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Automotive Aluminum Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By End Use, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. UACJ Corporation
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. AMG Advanced Metallurgical Group
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Martinrea Honsel Germany GmbH
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Constellium N. V.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Bodine Aluminum, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Farinia Group
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Endurance Technologies Limited
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Dynacast
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Aluminium Bahrain (Alba)
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Aleris
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Federal-Mogul Holding Corporation
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Dana Holding Corporation
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. Kaiser Aluminum
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies
12.14. ranges Innovative Aluminum Engineering
12.14.1. Company Snapshot
12.14.2. Overview
12.14.3. Financial Overview
12.14.4. Product Portfolio
12.14.5. Key Developments
12.14.6. Strategies
12.15. Norsk Hydro ASA
12.15.1. Company Snapshot
12.15.2. Overview
12.15.3. Financial Overview
12.15.4. Product Portfolio
12.15.5. Key Developments
12.15.6. Strategies
12.16. Ryobi Ltd
12.16.1. Company Snapshot
12.16.2. Overview
12.16.3. Financial Overview
12.16.4. Product Portfolio
12.16.5. Key Developments
12.16.6. Strategies
12.17. NEMAK Innovative Lightweighting
12.17.1. Company Snapshot
12.17.2. Overview
12.17.3. Financial Overview
12.17.4. Product Portfolio
12.17.5. Key Developments
12.17.6. Strategies
12.18. Gibbs Die Casting Corporation
12.18.1. Company Snapshot
12.18.2. Overview
12.18.3. Financial Overview
12.18.4. Product Portfolio
12.18.5. Key Developments
12.18.6. Strategies
12.19. CITIC Dicastal Co., Ltd
12.19.1. Company Snapshot
12.19.2. Overview
12.19.3. Financial Overview
12.19.4. Product Portfolio
12.19.5. Key Developments
12.19.6. Strategies
12.20. Others
12.20.1. Company Snapshot
12.20.2. Overview
12.20.3. Financial Overview
12.20.4. Product Portfolio
12.20.5. Key Developments
12.20.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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