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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

Name: Aluminium Market In Automotive Industry - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2017-08-03
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Aluminium Market

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Market Insights

Aluminum is between 10% and 40% lighter than steel, providing vehicles with enhanced acceleration, better braking, and superior handling. The rigidity of aluminum grants immediate and precise control, and its ability to absorb energy in the event of an impact greatly enhances vehicle safety. This is evident in the crumple zones at the front and rear of vehicles. Its lightweight property enhances safety, as vehicles can stop in shorter distances and thus help avoid collisions. Remarkably, about 90% of automotive aluminum is recyclable. This metal acts as a fuel efficiency booster; vehicles made with aluminum components are 24% lighter, leading to a 15% fuel consumption reduction.

In 2016, the automotive aluminum market was valued at $27,356 million and is projected to grow at a CAGR of 7.4% from 2017 to 2025. Driving this growth are government regulations in developed countries focused on fuel efficiency and carbon emission reductions. The versatility of aluminum and its manufacturing processes enables its incorporation into various automotive components, including engines, transmission systems, heat transfer components, wheels, brakes, and vehicle structures. While aluminum’s cost is higher than steel, its lifecycle benefits, combined with advancing technologies, can balance out the cost difference. Its use in automotive applications has seen a significant rise, and it now stands as the second-most utilized metal after steel in the automotive sector.

Global Automotive Aluminum Market Drivers

Increase in Global Automobile Production

The global automotive aluminum market is seeing significant growth, driven by a surge in automobile production and sales. Due to the rising number of personal vehicle users, there’s a high demand for aluminum in automotive components, especially in booming economies within the Asia Pacific. With China now leading the U.S. in the global passenger car industry, the Asia Pacific region’s robust demand for passenger vehicles is predicted to be a primary driver for the global automotive aluminum market during the research’s forecast period.

Rapid growth in the electric vehicle sector, along with the incorporation of innovative systems for safety and comfort, is expected to bolster the Automotive Aluminum Market. Its unique properties like thermal and electrical conductivity, corrosion resistance, recyclability, and strength further solidify its widespread application, leading to market growth.

Improvements in Vehicle’s Driving Dynamics

The automotive industry’s growing preference for aluminum stems from its performance advantages, such as its light weight and resistance to denting. Premium car brands like Ford, Audi, and Mercedes-Benz are increasingly utilizing aluminum in various vehicle components, from engines to wheels. Moreover, rigorous environmental regulations aiming to reduce greenhouse gas emissions have also amplified the demand for aluminum.

The shift towards lighter vehicles has escalated the demand for aluminum, boosting its use in passenger cars. Furthermore, the rising need for aluminum in large commercial vehicles is anticipated to create lucrative growth opportunities, especially as consumers increasingly demand products requiring transportation. The potential for aluminum to replace steel in automotive applications is also expected to boost aluminum’s demand.

Global Automotive Aluminum Market Restraints

Fluctuating Aluminum Prices and High Cost

One of the challenges facing the automotive aluminum market is the price fluctuation of aluminum and its higher cost compared to steel. Consequently, the growing interest in other lightweight materials, such as magnesium and reinforced plastic, might impede market growth. Elevated manufacturing costs of aluminum compared to steel are anticipated to be a stumbling block for the market’s growth. Rising production expenses are expected to curtail growth in automobile production. The market has also been negatively affected by supply chain disruptions, economic factors, and the immediate and prolonged impacts of the COVID-19 pandemic, slowing overall economic growth.

Global Automotive Aluminum Market Key Opportunities

Government’s Expanding Role Providing Robust Opportunities

Government policies promoting environmentally friendly vehicles that emit fewer greenhouse gases are positively influencing market growth. Aluminum’s increasing prevalence in cars is attributed to rigorous government regulations favoring the use of sustainable and lightweight materials. Notably, 90% of aluminum used in car manufacturing is recyclable. Plus, aluminum’s lower weight compared to steel results in lighter vehicles, which benefits the environment and energy consumption while maintaining performance and corrosion resistance.

Automotive Aluminum Market Trends

The upswing in automobile production and sales, attributed to the growing demand for lightweight, fuel-efficient vehicles, is a significant market driver. High-end car brands have increased aluminum usage in various components, thereby enhancing the overall Automotive Aluminum market growth globally.

Automotive Aluminum Market Segment Insights

Type Insights

Segmented by type, the Automotive Aluminum market comprises Cast Aluminum, Rolled Aluminum, and Extruded Aluminum. The Cast Aluminum segment dominated the 2021 market revenue, largely contributing to the market compared to other aluminum types.

Application Insights

Segmentation by application includes Powertrain, Chassis & Suspension, and Car Body. The Chassis & Suspension segment accounted for the majority of the 2021 market revenue, with aluminum’s use in the chassis making vehicles lightweight and durable.

Vehicle Type Insights

Segmentation by vehicle type encompasses Passenger cars, LCVs, and HCVs. The passenger car segment led the market in 2021, with projections showing it as the fastest-growing segment from 2022-2030.

Regional Insights

Asia Pacific is forecasted to remain the largest regional market, accounting for 38.1% of revenue in 2018. Meanwhile, North America is expected to see the highest CAGR at 10.9%. In Europe, the automotive industry’s growth is anticipated from the establishment of new plants and innovations.

In 2018, the Asia Pacific region held the largest market share, over 35%, driven by increased production of passenger vehicles in countries like China and India. Government regulations aiming to reduce CO2 emissions have spurred the demand for aluminum in the automotive sector. Europe followed as another major player, with the European Union’s regulations encouraging the use of lightweight materials like aluminum in vehicle production. The European automotive industry’s collaboration with the regional aluminum sector has led to numerous innovations, solidifying Europe’s global leadership in lightweight vehicle manufacturing.

The report, titled “Aluminum Market in Automotive Industry – Growth, Future Prospects and Competitive Analysis, 2017– 2025”, provides a comprehensive insight into the automotive aluminum market globally. It covers detailed analyses of various market segments, historical data from 2015 to 2016, and projections up to 2025. This report also delves into market dynamics, including drivers, trends, constraints, and opportunities, and includes a special section dedicated to analyzing key trends in the automotive aluminum market.

For strategic decision-making, the report profiles leading automotive aluminum manufacturers, detailing their business strategies and recent developments. Major players mentioned include 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 report also provides:

Analysis of current and future market trends in the automotive aluminum sector.
Insights into market drivers, challenges, and their impact.
Comprehensive competitive environment analysis.
2-year historical market size data (2015 – 2016).
Segment-Region-Country (SRC) Analysis.

When segmented by vehicle type, the automotive aluminum market is divided into:

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

SUVs and crossovers dominated the market in 2016 and are expected to grow at a CAGR of 7.3% from 2017 to 2025, followed by compact cars. Growth in regions like Asia Pacific and Europe is driven by increasing disposable income and more spending on automotive interiors.

Considering product form, the automotive aluminum market is categorized into:

Cast Aluminum
Rolled Aluminum
Extruded Aluminum
Others

Cast aluminum held the largest market share in 2016, accounting for over 70%. Casting is an efficient and versatile method to shape aluminum into different products. The process results in stronger parts at a lower cost. Rolled aluminum is anticipated to experience the highest growth rate between 2017 and 2025 due to its increasing use in vehicle structures.

In terms of application, the market is divided into:

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

In 2016, engines were the predominant segment, making up over 35% of the market. The segment is expected to grow the fastest by 2025, due to the weight and power-to-weight ratio benefits aluminum offers. Wheels and brakes also represent a promising segment, with aluminum wheels providing strength and improved vehicle control.

Geographically, the market is segmented into:

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 the Rest of Middle East and Africa)

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 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

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)

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Frequently Asked Questions

What is the size of Aluminium Market?

The market for Aluminium is expected to reach US$ XX Mn in 2025.

What is the Aluminium Market CAGR?

The Aluminium market is expected to see significant CAGR growth over the coming years,at 40%.

What is the Forecast period considered for Aluminium Market?

The report is forecasted from 2017-2025.

What is the base year considered for Aluminium Market?

The base year of this report is 2016.

Who are the major players in this Market?

Alcoa Inc., Aleris International, Aluminum Corporation of China Limited, BHP Billiton Limited, Constellium NV are some of the major players in the global market.

About Author

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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The Aluminium Foil Packaging Market is projected to grow from USD 26,752 million in 2024 to an estimated USD 37,465.4 million by 2032, with a compound annual growth rate (CAGR) of 4.3% from 2024 to 2032.

Aluminium Scrap Market

The Aluminium Scrap Market size was valued at USD 29625 million in 2024 and is anticipated to reach USD 36377.8 million by 2032, at a CAGR of 2.6% during the forecast period (2024-2032).

Aluminium Ingots Market

The Aluminium Ingots market is projected to grow from USD 106,425 million in 2024 to USD 156,044.1 million by 2032, registering a CAGR of 4.9% during the forecast period.

Aluminium Welding Wire Market

The Global Aluminium Welding Wire Market size was valued at USD 2,176.76 million in 2018 to USD 2,925.11 million in 2024 and is anticipated to reach USD 4,269.35 million by 2032, at a CAGR of 4.51% during the forecast period.

Aluminium Chlorohydrate Market

The Global Aluminium Chlorohydrate Market size was valued at USD 622.33 million in 2018 to USD 896.04 million in 2024 and is anticipated to reach USD 1,438.70 million by 2032, at a CAGR of 5.68% during the forecast period.

Copolymer Coated Aluminium Tape Market

Copolymer Coated Aluminium Tape Market size was valued at USD 400 million in 2024 and is anticipated to reach USD 605 million by 2032, at a CAGR of 5.3% during the forecast period (2024-2032).

Lightweight Aluminium Pistons Market

The Lightweight Aluminium Pistons Market is projected to grow from USD 1789.8 million in 2024 to an estimated USD 2487.4 million by 2032, with a compound annual growth rate (CAGR) of 4.2% from 2024 to 2032.

Aluminium Deoxidizer Market

As of 2024, the global Aluminum Deoxidizer Market is valued at USD 438.2 million and is projected to grow at a compound annual growth rate (CAGR) of 5.20% over the forecast period, reaching approximately USD 657.35 million by 2032.

Aluminium Extrusion Market

The global Aluminium Extrusion Market is expected to grow from USD 83,945 million in 2024 to USD 160,040 million by 2032, at a CAGR of 8.4%.

Textile Felt Market

The Textile Felt Market size was valued at USD 7162.6 million in 2024 and is anticipated to reach USD 11160.2 million by 2032, at a CAGR of 5.7% during the forecast period (2024-2032).

Neodymium-Iron-Boron (NdFeB) Magnet Market

The Global Neodymium-Iron-Boron (NdFeB) Magnet Market size was valued at USD 2,010.0 million in 2018 to USD 2,569.3 million in 2024 and is anticipated to reach USD 4,590.5 million by 2032, at a CAGR of 7.60% during the forecast period.

Lyocell Fiber Market

The Global Lyocell Fiber Market size was valued at USD 920.0 million in 2018 to USD 1,120.3 million in 2024 and is anticipated to reach USD 1,779.1 million by 2032, at a CAGR of 6.00% during the forecast period.

Automotive Aluminum Market

The Global Automotive Aluminum Market size was valued at USD 33,120.0 million in 2018 to USD 42,336.0 million in 2024 and is anticipated to reach USD 75,639.8 million by 2032, at a CAGR of 7.60% during the forecast period.

Hybrid Heat Pump Market

The Hybrid Heat Pump Market size was valued at USD 3,453.4 million in 2024 and is projected to reach USD 6,731.1 million by 2032, registering a CAGR of 8.7% during the forecast period.

Underfloor Heating Market

The underfloor heating market was valued at USD 5,380 million in 2024 and is projected to reach USD 10,106.5 million by 2032, expanding at a CAGR of 8.2% during the forecast period.

Commercial Roofing Materials Market

The commercial roofing market size was valued at USD 47135 million in 2024 and is anticipated to reach USD 68585.7 million by 2032, at a CAGR of 4.8 % during the forecast period (2024-2032).

Fire-Resistant Glass Market

Fire-Resistant Glass Market size was valued at USD 2981.8 million in 2024 and is anticipated to reach USD 4576.1 million by 2032, at a CAGR of 5.5% during the forecast period.

CNC Lathe Cutting Tools Market

The Global CNC Lathe Cutting Tools Market size was valued at USD 3,576.00 million in 2018 to USD 5,024.54 million in 2024 and is anticipated to reach USD 7,785.61 million by 2032, at a CAGR of 5.24% during the forecast period.

Manufacturing Scale Electrostatic Precipitator Market

The manufacturing scale electrostatic precipitator market is projected to grow from USD 898.8 million in 2024 to USD 1,521.4 million by 2032, reflecting a compound annual growth rate of 6.8% during the forecast period.

Concrete Saw Market

The Global Concrete Saw Market size was valued at USD 514.64 million in 2018 to USD 684.22 million in 2024 and is anticipated to reach USD 980.74 million by 2032, at a CAGR of 4.28% during the forecast period.

Concrete Pumps Market

The Global Concrete Pumps Market size was valued at USD 4,328.13 million in 2018 to USD 6,045.57 million in 2024 and is anticipated to reach USD 9,288.64 million by 2032, at a CAGR of 5.13% during the forecast period.

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Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.

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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

Imre Hof
Management Assistant, Bekaert