Home / Advanced Materials / Aluminium Market In Automotive Industry By Vehicle Type (Small Cars, Compact Cars, Mid-size Cars, Large Cars, SUV & Crossovers, MPVs, Pickups, Others), By Product (Cast Aluminum, Rolled Aluminum, Extruded Aluminum, Other), By Application (Engines, Transmission and Drivelines, Heat Transfer, Wheels and Brakes, Structural Components, Others) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Aluminium Market In Automotive Industry By Vehicle Type (Small Cars, Compact Cars, Mid-size Cars, Large Cars, SUV & Crossovers, MPVs, Pickups, Others), By Product (Cast Aluminum, Rolled Aluminum, Extruded Aluminum, Other), By Application (Engines, Transmission and Drivelines, Heat Transfer, Wheels and Brakes, Structural Components, Others) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Published: Aug 2017 | Report Code: 58645-08-17

Aluminum is approximately 10%-40% lighter than steel. Aluminum helps the vehicle to enhanced acceleration, improved braking, and superior handling. The stiffness of aluminum offers instant and specific control. Aluminum has the capacity of energy absorption in vehicle’s front and back crumple, along with the light weight property it ensures the improved safety, as it can stop at a short distances, and prevent collisions. Nearly 90% of automotive aluminum can be recycled. Aluminum acts as a fuel efficient component in vehicle, it makes the vehicle 24% lighter than those with steel components. Which in turn helps to save 15% in fuel consumption. 

Aluminum market in the automotive industry was valued at US$ 27,356 Mn in 2016, and is expanding at a CAGR of 7.4% from 2017 to 2025. Government regulations on fuel pricing and carbon emission reduction in developed countries are expected to be the growth drivers of aluminum materials in the automotive industry. The versatility of aluminum products and the processes used to manufacture them allow automotive designers to incorporate aluminum in a wide range of products, such as engine, transmission and driveline, heat transfer, wheels and brakes, structural components of vehicles, and others. Beyond the designing flexibility, aluminum’s greatest competitive advantage rests with its ability to reduce a vehicle’s weight without any loss in performance. Although the cost of aluminum compared to steel is a competitive disadvantage, the technology being developed, combined with the lifecycle economies aluminum offers can offset this factor. Aluminum usage in automotive applications has grown substantially. The global demand for aluminum has been increasing, and it is now the second most widely used metal after steel in the automotive industry.

Aluminium In Global Automotive Industry 

The report titled “Aluminum Market in Automotive Industry - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the aluminum market in the global automotive industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on vehicle type, application, product form, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall automotive aluminum market.

In order to help the strategic decision makers, the report also includes profiles of the leading automotive aluminum manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Alcoa Inc., Aleris International, Aluminum Corporation of China Limited, BHP Billiton Limited, Constellium NV, Kaiser Aluminum Corp., Norsk Hydro ASA, Novelis Inc., United Company Rusal Plc., Vedanta Resources Plc, and Vimetco N.V. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the aluminum market in the automotive industry
  • Market driver, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the aluminum market in the automotive industry, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2. Executive Summary
2.1 Overview of Aluminum Market in Automotive Industry
2.2 Market Snapshot: Aluminum Market in Automotive Industry
2.3 Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
2.4 Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
2.5 Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
2.6 Aluminum Market in Automotive Industry, by Geography, 2016 (US$ Mn and Million Tons)

Chapter 3. Aluminum Market in Automotive Industry Overview
3.1 Dynamics
3.2 Market Drivers
3.2.1 Government Regulations on Fuel Economy and Emission Control
3.2.2 For a full, detailed list, view our report
3.3 Challenges
3.3.1 High Cost of Aluminum Materials
3.3.2 For a full, detailed list, view our report
3.4 Future Prospects
3.4.1 Replacement of Conventional Steel by Aluminum
3.4.2 For a full, detailed list, view our report
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Landscape of Key Players in Aluminum Market in Automotive Industry.

Chapter 4. Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
4.1 Overview
4.2 Small Cars
4.3 Compact Cars
4.4 Mid-size Cars
4.5 Large Cars
4.6 SUV & Crossovers
4.7 MPVs
4.8 Pickups
4.9 Others

Chapter 5. Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
5.1 Overview
5.2 Engines
5.3 Transmission and Drivelines
5.4 Heat Transfer
5.5 Wheels and Brakes
5.6 Structural Components
5.7 Others

Chapter 6. Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
6.1 Overview
6.2 Cast Aluminum
6.3 Rolled Aluminum
6.4 Extruded Aluminum
6.5 Others

Chapter 7. Aluminum Market in Automotive Industry, by Geography, 2015-2025 (US$ Mn and Million Tons)
7.1 Overview
7.2 North America
7.2.1 North America Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
7.2.2 North America Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
7.2.3 North America Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn)
7.2.4 North America Aluminum Market in Automotive Industry, by Country, 2015-2025 (US$ Mn)
7.2.5 U.S. Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.2.6 U.S. Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.2.7 U.S. Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.2.8 Canada Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.2.9 Canada Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.2.10 Canada Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.3 Europe
7.2.1 Europe Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
7.2.2 Europe Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
7.2.3 Europe Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.3.1 Europe Aluminum Market in Automotive Industry, by Region, 2015-2025 (US$ Mn and Million Tons)
7.3.2 E.U.7 Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.3.3 E.U.7 Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.3.4 E.U.7 Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.3.5 CIS Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.3.6 CIS Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.3.7 CIS Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.3.8 Rest of Europe Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.3.9 Rest of Europe Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.3.10 Rest of Europe Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4 Asia Pacific
7.2.1 Asia Pacific Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
7.2.2 Asia Pacific Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
7.2.3 Asia Pacific Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.1 Asia Pacific Aluminum Market in Automotive Industry, by Country, 2015-2025 (US$ Mn and Million Tons)
7.4.2 China Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.3 China Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.4 China Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.5 India Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.6 India Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.7 India Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.8 Rest of Asia Pacific Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.9 Rest of Asia Pacific Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.10 Rest of Asia Pacific Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.5 Latin America
7.2.1 Latin America Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
7.2.2 Latin America Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
7.2.3 Latin America Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.11 Latin America Aluminum Market in Automotive Industry, by Country, 2015-2025 (US$ Mn and Million Tons)
7.4.12 Brazil Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.13 Brazil Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.14 Brazil Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.15 Mexico Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.16 Mexico Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.17 Mexico Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.18 Rest of Latin America Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.19 Rest of Latin America Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.5.1 Rest of Latin America Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.6 Middle East & Africa (MEA)
7.2.1 Middle East & Africa Aluminum Market in Automotive Industry, by Vehicle Type, 2015-2025 (US$ Mn and Million Tons)
7.2.2 Middle East & Africa Aluminum Market in Automotive Industry, by Application, 2015-2025 (US$ Mn and Million Tons)
7.2.3 Middle East & Africa Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.20 Middle East & Africa Aluminum Market in Automotive Industry, by Region, 2015-2025 (US$ Mn and Million Tons)
7.4.21 GCC Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.22 GCC Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.23 GCC Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)
7.4.24 Rest of Middle East & Africa Aluminum Market in Automotive Industry, by Vehicle Type; 2015-2025 (US$ Mn and Million Tons)
7.4.25 Rest of Middle East & Africa Aluminum Market in Automotive Industry, by Application 2015-2025 (US$ Mn and Million Tons)
7.4.26 Rest of Middle East & Africa Aluminum Market in Automotive Industry, by Product Form, 2015-2025 (US$ Mn and Million Tons)

Chapter 8. Company Profiles
8.1 Alcoa Inc.
8.2 Aleris International
8.3 Aluminum Corporation of China Limited
8.4 BHP Billiton Limited
8.5 Constellium NV
8.6 Kaiser Aluminum Corp.
8.7 Norsk Hydro ASA
8.8 Novelis Inc.
8.9 United Company Rusal Plc.
8.10 Vedanta Resources Plc
8.11 Vimetco N.V.

List of Tables

Table. 1 Market Snapshot: Aluminum Market in Automotive Industry
Table. 2 North America Aluminum Market in Automotive Industry Volume, by Vehicle Type, 2015-2025 (Million Tons)
Table. 3 North America Aluminum Market in Automotive Industry Revenue, by Vehicle Type, 2015-2025 (US$ Mn)
Table. 4 North America Aluminum Market in Automotive Industry Volume, by Application, 2015-2025 (Million Tons)
Table. 5 North America Aluminum Market in Automotive Industry Revenue, by Application, 2015-2025 (US$ Mn)
Table. 6 North America Aluminum Market in Automotive Industry Volume, by Product Form, 2015-2025 (Million Tons)
Table. 7 North America Aluminum Market in Automotive Industry Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 8 North America Aluminum Market in Automotive Industry Volume, by Country, 2015-2025 (Million Tons)
Table. 9 North America Aluminum Market in Automotive Industry Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 10 Europe Aluminum Market in Automotive Industry Volume, by Vehicle Type, 2015-2025 (Million Tons)
Table. 11 Europe Aluminum Market in Automotive Industry Revenue, by Vehicle Type, 2015-2025 (US$ Mn)
Table. 12 Europe Aluminum Market in Automotive Industry Volume, by Application, 2015-2025 (Million Tons)
Table. 13 Europe Aluminum Market in Automotive Industry Revenue, by Application, 2015-2025 (US$ Mn)
Table. 14 Europe Aluminum Market in Automotive Industry Volume, by Product Form, 2015-2025 (Million Tons)
Table. 15 Europe Aluminum Market in Automotive Industry Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 16 Europe Aluminum Market in Automotive Industry Volume, by Region, 2015-2025 (Million Tons)
Table. 17 Europe Aluminum Market in Automotive Industry Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 18 Asia Pacific Aluminum Market in Automotive Industry Volume, by Vehicle Type, 2015-2025 (Million Tons)
Table. 19 Asia Pacific Aluminum Market in Automotive Industry Revenue, by Vehicle Type, 2015-2025 (US$ Mn)
Table. 20 Asia Pacific Aluminum Market in Automotive Industry Volume, by Application, 2015-2025 (Million Tons)
Table. 21 Asia Pacific Aluminum Market in Automotive Industry Revenue, by Application, 2015-2025 (US$ Mn)
Table. 22 Asia Pacific Aluminum Market in Automotive Industry Volume, by Product Form, 2015-2025 (Million Tons)
Table. 23 Asia Pacific Aluminum Market in Automotive Industry Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 24 Asia Pacific Aluminum Market in Automotive Industry Volume, by Country, 2015-2025 (Million Tons)
Table. 25 Asia Pacific Aluminum Market in Automotive Industry Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 26 Latin America Aluminum Market in Automotive Industry Volume, by Vehicle Type, 2015-2025 (Million Tons)
Table. 27 Latin America Aluminum Market in Automotive Industry Revenue, by Vehicle Type, 2015-2025 (US$ Mn)
Table. 28 Latin America Aluminum Market in Automotive Industry Volume, by Application, 2015-2025 (Million Tons)
Table. 29 Latin America Aluminum Market in Automotive Industry Revenue, by Application, 2015-2025 (US$ Mn)
Table. 30 Latin America Aluminum Market in Automotive Industry Volume, by Product From, 2015-2025 (Million Tons)
Table. 31 Latin America Aluminum Market in Automotive Industry Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 32 Latin America Aluminum Market in Automotive Industry Volume, by Country, 2015-2025 (Million Tons)
Table. 33 Latin America Aluminum Market in Automotive Industry Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 34 MEA Aluminum Market in Automotive Industry Volume, by Vehicle Type, 2015-2025 (Million Tons)
Table. 35 MEA Aluminum Market in Automotive Industry Revenue, by Vehicle Type, 2015-2025 (US$ Mn)
Table. 36 MEA Aluminum Market in Automotive Industry Volume, by Application, 2015-2025 (Million Tons)
Table. 37 MEA Aluminum Market in Automotive Industry Revenue, by Application, 2015-2025 (US$ Mn)
Table. 38 MEA Aluminum Market in Automotive Industry Volume, by Product Form, 2015-2025 (Million Tons)
Table. 39 MEA Aluminum Market in Automotive Industry Revenue, by Product Form, 2015-2025 (US$ Mn)
Table. 40 MEA Aluminum Market in Automotive Industry Volume, by Region, 2015-2025 (Million Tons)
Table. 41 MEA Aluminum Market in Automotive Industry Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 42 Alcoa Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 43 Aleris International: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 44 Aluminum Corporation of China Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 45 BHP Billiton Limited : Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 46 Constellium NV: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 47 Kaiser Aluminum Corp.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 48 Norsk Hydro ASA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 49 Novelis Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 50 United Company Rusal Plc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 51 Vedanta Resources Plc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 52 Vimetco N.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)

List of Figures

FIG. 1 Aluminum Market in Automotive Industry: Research Methodology
FIG. 2 Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 3 Aluminum Market in Automotive Industry, by Small Cars, 2016 (US$ Mn and Million Tons)
FIG. 4 Aluminum Market in Automotive Industry, by Compact Cars, 2016 (US$ Mn and Million Tons)
FIG. 5 Aluminum Market in Automotive Industry, by Mid-Size Cars, 2016 (US$ Mn and Million Tons)
FIG. 6 Aluminum Market in Automotive Industry, by Large Cars, 2016 (US$ Mn and Million Tons)
FIG. 7 Aluminum Market in Automotive Industry, by SUVs & Crossovers Cars, 2016 (US$ Mn and Million Tons)
FIG. 8 Aluminum Market in Automotive Industry, by MPVs, 2016 (US$ Mn and Million Tons)
FIG. 9 Aluminum Market in Automotive Industry, by Pickups, 2016 (US$ Mn and Million Tons)
FIG. 10 Aluminum Market in Automotive Industry, by Others, 2016 (US$ Mn and Million Tons)
FIG. 11 Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 12 Aluminum Market in Automotive Industry, by Engines, 2016 (US$ Mn and Million Tons)
FIG. 13 Aluminum Market in Automotive Industry, by Transmission and Driveline, 2016 (US$ Mn and Million Tons)
FIG. 14 Aluminum Market in Automotive Industry, by Heat Transfer, 2016 (US$ Mn and Million Tons)
FIG. 15 Aluminum Market in Automotive Industry, by Wheels and Brakes, 2016 (US$ Mn and Million Tons)
FIG. 16 Aluminum Market in Automotive Industry, by Structural Component, 2016 (US$ Mn and Million Tons)
FIG. 17 Aluminum Market in Automotive Industry, by Others, 2016 (US$ Mn and Million Tons)
FIG. 18 Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 19 Aluminum Market in Automotive Industry, by Cast Aluminum, 2016 (US$ Mn and Million Tons)
FIG. 20 Aluminum Market in Automotive Industry, by Rolled Aluminum, 2016 (US$ Mn and Million Tons)
FIG. 21 Aluminum Market in Automotive Industry, by Extruded Aluminum, 2016 (US$ Mn and Million Tons)
FIG. 22 Aluminum Market in Automotive Industry, by Others, 2016 (US$ Mn and Million Tons)
FIG. 23 Aluminum Market in Automotive Industry, by Geography, 2016 (US$ Mn and Million Tons)
FIG. 24 North America Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 25 North America Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 26 North America Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 27 Europe Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 28 Europe Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 29 Europe Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 30 Asia Pacific Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 31 Asia Pacific Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 32 Asia Pacific Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 33 Latin America Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 34 Latin America Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 35 Latin America Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 36 Middle East and Africa Aluminum Market in Automotive Industry, by Vehicle Type, 2016 (US$ Mn and Million Tons)
FIG. 37 Middle East and Africa Aluminum Market in Automotive Industry, by Application, 2016 (US$ Mn and Million Tons)
FIG. 38 Middle East and Africa Aluminum Market in Automotive Industry, by Product Form, 2016 (US$ Mn and Million Tons)
FIG. 39 Attractive Investment Proposition, by Geography, 2016

Based on the vehicle type, the aluminum market in automotive industry is segmented as follows:

  • Small Cars
  • Compact Cars
  • Mid-size Cars
  • Large Cars
  • SUV & Crossovers
  • MPVs
  • Pickups
  • Others

Aluminium Market Automotive Industry 

The SUVs and crossovers segment was the major segment of aluminum market in the automotive industry in 2016 and is projected to grow with a CAGR of 7.3% from 2017 to 2025; followed by compact cars segment, which was another major lucrative segment of aluminum market in the automotive industry in 2016. Asia Pacific and Europe are the largest market for the vehicle types and is expected to remain the largest region in forecast period. The growth is majorly driven by the rise in disposable income and a major positive shift towards average amount of spending done on automotive interiors.

Based on the product form, the global aluminum market in automotive industry is segmented as follows:

  • Cast Aluminum
  • Rolled Aluminum
  • Extruded Aluminum
  • Other

Aluminium Market Automotive Industry

Cast aluminum was the largest market segment and accounted for more than 70% of aluminum market in the automotive industry in 2016. Casting is a modest and economical method, and can be used as multipurpose in forming aluminum into various products. The aluminum die casting process gives stronger finished parts at a minimum cost. Aluminum casting allows manufacturers to produce complex design parts for different auto parts. Aluminum casting allows manufacturers to produce parts at faster rate. The rolled aluminum segment is anticipated to grow with the highest growth rate from 2017-2025. The applications of sheet or rolled aluminum materials in the structural component of a vehicle is going to increase the demand for rolled aluminum during the forecast period 2017-2025.

Based on the application, the global aluminum market in automotive industry is segmented as follows:

  • Engines
  • Transmission and Drivelines
  • Heat Transfer
  • Wheels and Brakes
  • Structural Components
  • Others

Aluminium Market Automotive Industry 

Engine was the largest market segment in the automotive aluminum industry in 2016. It accounted for more than 35% of aluminum market in the automotive industry and is projected to grow at the fastest rate in 2025. Aluminum engine block significantly reduces the weight of the engine and assists the vehicle in obtaining a better power to weight ratio. Wheels and brakes is another lucrative market over the forecast period and is expected to grow at the fastest rate between 2017 and 2025. Aluminum wheels are stronger and more delicate. They are strong enough for use in cars, thereby making the vehicles easier to manage, deliver quicker response on applying the brake and accelerator.

For the purpose of this study, the global aluminum market in automotive industry is categorized into the following geographies and sub-geographies:

  • North America (U.S, and Canada)
  • Europe (E.U. 7, CIS, and Rest of Europe)
  • Asia Pacific (China, India, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC, and Rest of Middle East and Africa)

Aluminium Market Automotive Industry 

 

Asia Pacific market had the largest share, accounted for more than 35% of the total aluminum market in automotive industry in 2016. Growth in Asia Pacific market is attributed to increase in production of passenger cars and light commercial vehicles in China and India. Government regulations to control CO2 emission have increased the demand for aluminum in the automotive industry. In 2016, Europe was another leading region for aluminum market in the automotive industry. Favorable regulations set by the European Union are projected to induce automobile manufacturers to use lightweight materials, such as aluminum. The automotive industry in Europe is in close cooperation with the European aluminum industry and has developed and introduced numerous innovative lightweight solutions, based on aluminum and aluminum alloys. Through the intensive use of safe and cost-efficient lightweight aluminum concepts, European vehicle manufacturers have taken technological global leadership in making passenger vehicles more lightweight.

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