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Automotive Aluminum Market By Application (Powertrain, Chassis & Suspension, Car Body) By Product Form (Cast Aluminum, Rolled Aluminum, Extruded Aluminum) By Vehicle (Passenger Car, LCV, HCV) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 3091 | Report Format : PDF

What is the Key Vehicle of Automotive Aluminium?

The segment is divided into passenger cars, LCV and HCV. Due to stringent CO2 emission regulations being implemented globally, there is an increasing demand for lightweight items in passenger cars. A car’s different Applications can be made significantly lighter by using aluminum, which improves fuel efficiency. As a result of improvements in logistics and transportation as well as stricter fuel pollution regulations, there is expected to be an increase in the production of pickup vans, small trucks, and small electric trucks. Lightweight commercial vehicles, like those made of aluminum, offer safety, fuel economy, and efficient hauling solutions.

 

What is the Market Size of Automotive Aluminium in terms of value?

The market for automotive aluminum is expected to grow significantly over the next several years, with a CAGR of 8.50%. In 2021, the market for automotive aluminum was estimated to be worth USD 71.2 billion; by 2028, it is anticipated to have increased to USD 116.16 million. The leading companies in the sector anticipate that the demand for automotive aluminum will rise significantly over the next few years, creating revenue opportunities totaling USD 44.96 million between 2022 and 2028.

Automotive Aluminum Market

Is Automotive Aluminium fragmented?

Due to the existence of numerous local businesses, the market is fragmented. The market is moderately fragmented. By using various marketing techniques, including the launch of new products, investments, collaborations, and mergers and acquisitions, these market participants aim to increase their market share. Additionally, businesses are investing in the creation of enhanced items. Furthermore, they are concentrating on offering competitive prices. 

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Interesting Facts about Automotive Aluminium Industry

The top 5 countries for automotive aluminum exports are the U.S., Canada, Russia, China, and the Netherlands.

The top 5 importers of automotive aluminum are Mexico, Turkey, France, Japan, and India.

The main reasons for the market’s expansion are rising fuel efficiency and pollution standards, as well as developments in driving dynamics and other areas.

The primary elements anticipated to restrain the worldwide automotive aluminum market’s expansion are, as a result of the availability of product alternatives, hindering the growth of the automotive aluminum market over the forecast period. 

In terms of volume and value, the North American region dominated the worldwide Automotive Aluminum market in 2021, and it is anticipated that this dominance will last throughout the forecast period.

Who are the Top 10 players/companies in the Automotive Aluminium market regarding value and volume?

The key players in the global Automotive Aluminium market in terms of value and volume include Alcoa Inc., Arconic Inc., CHALCO, UACJ Corporation, Norsk Hydro, ASA, AMG Advanced Metallurgical Group, Constellium N.V., Novelis Inc., and Rio Tinto. These prominent companies are focusing on new product developments as well as technical advancements to improve their automotive aluminum production and capture a competitive market share globally. Additionally, several national and regional firms are making significant investments to diversify their product offerings and boost sales. For instance, in March 2019, after acquiring Arconic’s two extrusion facilities in Brazil, Norsk Hydro has a stronger downstream position and a solid foundation for future expansion. The two extrusion facilities in southern Brazil’s Utinga and Tubaro have a combined workforce of about 600 people, one casthouse, seven extrusion presses that range in size from 7 to 14 inches, and value-added capabilities.

Who are the Top 10 Countries in the Automotive Aluminium Market?

The major global automotive aluminum market countries are the U.S., Canada, Russia, China, the Netherlands, India, the U.K., Germany, France, and Mexico. The United States will be the primary producer and consumer of automotive aluminum in the global market in 2021. In the upcoming years, the automotive sector in the region is projected to use aluminum more due to consumer desire for high-quality, fuel-efficient automobiles and strict CAFE rules to increase the fuel economy of the vehicles. 

Which is the Key Application Area in the Automotive Aluminium Market?

The critical applications of automotive aluminum include powertrain, chassis & suspension, and car body. The market for electric vehicles has benefited from rising interest in hybrid technology, which has also improved fuel efficiency and reduced fuel pollution. The rising demand for electric cars in the upcoming years is expected to create several prospects for hybrid and electric powertrains utilizing aluminum.

One of an automobile’s essential parts is the power plant system. All the parts that generate power for the vehicle and transfer it simultaneously to the wheels, allowing the car to drive, are collectively referred to as the powertrain.

The driveshafts, differentials, and engine are part of the powertrain system. The characteristics of the powertrain system affect the vehicle’s overall performance and efficiency. Strict government regulations, rising interest in environmentally friendly cars, and technological advancements in powertrain systems to increase overall efficiency contribute to the market’s expansion.

What are the Major Driving Factors for Automotive Aluminium Market?

The rising demand for electric vehicles and the adoption of new systems that will provide comfort and safety are likely to temper the growth of the automotive aluminum market throughout the forecast period, further paving the way for market expansion., as well as improvements in driving dynamics, are the main factors driving the market’s growth rate. The rise in rules and regulations governing fuel economy and emissions. The rising demand for electric vehicles and the adoption of new systems that will provide comfort and safety are likely to temper the growth of the automotive aluminum market throughout the forecast period, further paving the way for market expansion. Additionally, its widespread use due to qualities like thermal and electrical conductivity, recyclability, corrosion resistance, and high strength is further anticipated to temper the expansion of the overall market. Additionally, the deployment of government rules encouraging the production of vehicles that lower greenhouse gas emissions and the carbon footprint of automobiles positively affects market expansion. It is anticipated that additional factors, such as increased consumer disposable income and significant research and development (R&D) activities will fuel the industry.

What are the Major Restraints for Automotive Aluminium Market?

The main factors that are expected to limit the growth of the global automotive aluminum market are Due to the availability of product substitutes, and the market for automotive aluminum is predicted to experience substantial difficulties. Increased operating expenses and fluctuating aluminum prices have hindered market growth.

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Which Region Dominated the World Automotive Aluminium Market?

As a result of the adoption of corporate average fuel economy standards, which give automakers direction to maintain fuel efficiency within the region, North America controls the automotive aluminum market. In the upcoming years, the automotive sector in the area is projected to use aluminum more due to consumer desire for high-quality, fuel-efficient automobiles and strict CAFE rules to raise the fuel economy of the vehicles. The region’s adoption of Corporate Average Fuel Economy (CAFE) norms requires automakers to work toward fuel efficiency of 27.5 miles per gallon for cars and 23.5 miles per gallon for trucks by 2019; and 37.8 miles per gallon for cars and 28.8 miles per gallon for trucks in the coming years, can be attributed to the growth of the North American automotive aluminum market. Because aluminum helps create better aerodynamics and decreases vehicle weight, leading to fuel savings, auto manufacturers prefer it over steel in the North American region. Asia-Pacific is expected to grow in the upcoming years. The primary growth causes are the rising demand for automobiles in nations like China and India and the increasing investments in the local automotive industry.

Segmentation of Global Automotive Aluminium Market-

Global Automotive Aluminium Market – By Application

  • Powertrain
  • Chassis & Suspension
  • Car Body 

 Global Automotive Aluminium Market – By Product Form

  • Cast Aluminium
  • Rolled Aluminium
  • Extruded Aluminium 

Global Automotive Aluminium Market – By Vehicle

  • Passenger Car
  • LCV
  • HCV

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
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. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Automotive Aluminium Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Automotive Aluminium Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Application
3.3.2. Product Form
3.3.3. Vehicle
3.3.4. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Competitive Benchmarking
4.3. Geographical Presence Analysis
4.4. Major Strategies Adopted by Key Players
4.4.1. Key Strategies Analysis
4.4.2. Mergers and Acquisitions
4.4.3. Partnerships
4.4.4. Product Launch
4.4.5. Geographical Expansion
4.4.6. Others

5. COVID 19 Impact Analysis
5.1. Global Automotive Aluminium Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Powertrain
6.2.3. Chassis & Suspension
6.2.4. Car Body
6.3. North America Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Cast Aluminium
6.3.3. Rolled Aluminium
6.3.4. Extruded Aluminium
6.4. North America Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Passenger Car
6.4.3. LCV
6.4.4. HCV

7. Europe
7.1. Europe Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Powertrain
7.2.3. Chassis & Suspension
7.2.4. Car Body
7.3. Europe Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Cast Aluminium
7.3.3. Rolled Aluminium
7.3.4. Extruded Aluminium
7.4. Europe Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Passenger Car
7.4.3. LCV
7.4.4. HCV

8. Asia Pacific
8.1. Asia Pacific Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Powertrain
8.2.3. Chassis & Suspension
8.2.4. Car Body
8.3. Asia Pacific Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Cast Aluminium
8.3.3. Rolled Aluminium
8.3.4. Extruded Aluminium
8.4. Asia Pacific Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. Passenger Car
8.4.3. LCV
8.4.4. HCV

9. Latin America
9.1. Latin America Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Powertrain
9.2.3. Chassis & Suspension
9.2.4. Car Body
9.3. Latin America Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Cast Aluminium
9.3.3. Rolled Aluminium
9.3.4. Extruded Aluminium
9.4. Latin America Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. Passenger Car
9.4.3. LCV
9.4.4. HCV

10. Middle East
10.1. Middle East Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Powertrain
10.2.3. Chassis & Suspension
10.2.4. Car Body
10.3. Middle East Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Cast Aluminium
10.3.3. Rolled Aluminium
10.3.4. Extruded Aluminium
10.4. Middle East Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. Passenger Car
10.4.3. LCV
10.4.4. HCV

11. Africa
11.1. Africa Automotive Aluminium Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Powertrain
11.2.3. Chassis & Suspension
11.2.4. Car Body
11.3. Africa Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Cast Aluminium
11.3.3. Rolled Aluminium
11.3.4. Extruded Aluminium
11.4. Africa Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. Passenger Car
11.4.3. LCV
11.4.4. HCV

12. Global
12.1. Global Automotive Aluminium Market, by Application, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Powertrain
12.1.3. Chassis & Suspension
12.1.4. Car Body
12.2. Global Automotive Aluminium Market, by Product Form, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Cast Aluminium
12.2.3. Rolled Aluminium
12.2.4. Extruded Aluminium
12.3. Global Automotive Aluminium Market, by Vehicle, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Passenger Car
12.3.3. LCV
12.3.4. HCV

13. Company Profiles
13.1. Alcoa Inc.
13.2. Arconic Inc.
13.3. CHALCO
13.4. UACJ Corporation
13.5. Norsk Hydro
13.6. ASA
13.7. AMG Advanced Metallurgical Group
13.8. Constellium N.V.
13.9. Novelis Inc.
13.10. Rio Tinto.

List of Figures

FIG. 1 Global Automotive Aluminium Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Automotive Aluminium Market Segmentation
FIG. 4 Global Automotive Aluminium Market, by Application, 2021 (US$ Bn)
FIG. 5 Global Automotive Aluminium Market, by Product Form, 2021 (US$ Bn)
FIG. 6 Global Automotive Aluminium Market, by Vehicle, 2021 (US$ Bn)
FIG. 7 Global Automotive Aluminium Market, by Geography, 2021 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Application, 2021
FIG. 9 Attractive Investment Proposition, by Product Form, 2021
FIG. 10 Attractive Investment Proposition, by Vehicle, 2021
FIG. 11 Attractive Investment Proposition, by Geography, 2021
FIG. 12 Global Market Positioning of Key Automotive Aluminium Market Manufacturers, 2019
FIG. 13 Global Automotive Aluminium Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 14 Global Automotive Aluminium Market, by Powertrain, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Automotive Aluminium Market, by Chassis & Suspension, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Automotive Aluminium Market, by Car Body, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Automotive Aluminium Market Value Contribution, By Product Form, 2021 & 2028 (Value %)
FIG. 18 Global Automotive Aluminium Market, by Cast Aluminium, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Automotive Aluminium Market, by Rolled Aluminium, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Automotive Aluminium Market, by Extruded Aluminium, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Automotive Aluminium Market Value Contribution, By Vehicle, 2021 & 2028 (Value %)
FIG. 22 Global Automotive Aluminium Market, by Passenger Car, Value, 2016-2028 (US$ Bn)
FIG. 23 Global Automotive Aluminium Market, by LCV, Value, 2016-2028 (US$ Bn)
FIG. 24 Global Automotive Aluminium Market, by HCV, Value, 2016-2028 (US$ Bn)
FIG. 25 U.S. Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 26 Rest of North America Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 27 U.K. Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 28 Germany Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 29 France Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 30 Italy Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 31 Spain Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 32 Russia Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 33 BENELUX Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 34 Poland Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 35 Austria Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 36 Rest of Europe Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 37 Japan Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 38 China Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 39 India Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 40 South Korea Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 41 Australia Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 42 Southeast Asia Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 43 Rest of Asia Pacific Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 44 Middle East & Africa Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 45 South Africa Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 46 Nigeria Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 47 Egypt Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 48 GCC Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 49 Israel Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 50 Latin America Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 51 Brazil Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 52 Argentina Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 53 Colombia Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 54 Peru Automotive Aluminium Market, 2016-2028 (US$ Bn)
FIG. 55 Chile Automotive Aluminium Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Automotive Aluminium Market
TABLE 2 Global Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 3 Global Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 4 Global Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 5 Global Automotive Aluminium Market, by Geography, 2016-2028 (US$ Bn)
TABLE 6 North America Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 North America Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 8 North America Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 9 North America Automotive Aluminium Market, by Country, 2016-2028 (US$ Bn)
TABLE 10 Europe Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 11 Europe Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 12 Europe Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 13 Europe Automotive Aluminium Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Asia Pacific Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 15 Asia Pacific Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 16 Asia Pacific Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 17 Asia Pacific Automotive Aluminium Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 18 Latin America Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Latin America Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 20 Latin America Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 21 Latin America Automotive Aluminium Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 22 Middle East Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 23 Middle East Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 24 Middle East Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 25 Middle East Automotive Aluminium Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 26 Africa Automotive Aluminium Market, by Application, 2016-2028 (US$ Bn)
TABLE 27 Africa Automotive Aluminium Market, by Product Form, 2016-2028 (US$ Bn)
TABLE 28 Africa Automotive Aluminium Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 29 Africa Automotive Aluminium Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently asked questions

Which is the leading market for Automotive Aluminium?

North America accounted for the highest share in the global Automotive Aluminium market in terms of value and volume.

What are the critical drivers for the growth of the Automotive Aluminium market?

Throughout the projected period, the increased demand for electric vehicles and the adoption of innovative systems that provide comfort and safety will likely restrain market growth for automotive aluminum, further opening the door for market expansion.

Which is the significant segment in Automotive Aluminium Market by Vehicle Type?

LCV had a significant share in 2021 with more than 50% of the market revenue share.

Which is the significant segment in Automotive Aluminium Market by Application?

Powertrain had a significant share in the global market in 2021.

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