Global Automotive Aluminum Market Growth 2023-2029

Global Automotive Aluminum Market Growth 2023-2029

Automotive aluminum is primarily derived from bauxite and is a type of aluminum sulfate consisting of a variety of components such as vanadium oxides, sulfuric calcium, silicon, chromium, aluminum hydroxide, titanium, sulfur, gallium, iron, and magnesium carbonates. Aluminum is much lightweight, has high tensile strength, and is easy to mold. Aluminum is the most frequently used metal in automobiles and commercial vehicles since it provides great safety and durability even while increasing energy efficiency and lowering emission levels.

LPI (LP Information)' newest research report, the “Automotive Aluminum Industry Forecast” looks at past sales and reviews total world Automotive Aluminum sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Aluminum sales for 2023 through 2029. With Automotive Aluminum sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Aluminum industry.

This Insight Report provides a comprehensive analysis of the global Automotive Aluminum landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Aluminum portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Aluminum market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Aluminum and breaks down the forecast by type, by end use, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Aluminum.

The global Automotive Aluminum market size is projected to grow from US$ 79700 million in 2022 to US$ 140850 million in 2029; it is expected to grow at a CAGR of 140850 from 2023 to 2029.

Global key players of Automotive Aluminum include Ryobi, Ahresty, Norsk Hydro, Constellium and APALT, etc. Global top five manufacturers hold a share over 10%. China is the largest producer of Automotive Aluminum, with a share over 40%, followed by Europe and North America.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aluminum market by product type, end use, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cast Aluminum
Rolled Aluminum
Extruded Aluminum
Others

Segmentation by end use
Powertrain
Chassis & Suspension
Car Body

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ryobi
Ahresty
Georg Fischer
Norsk Hydro
Constellium
UACJ
Arconic
Impol
OTTO FUCHS
STEP-G
Kaiser Aluminum
Hindalco Industries
EURAL GNUTTI
Guangdong Hongtu
IKD
Wencan
Xusheng
APALT
Zhongwang
Kam Kiu Aluminium

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Aluminum market?

What factors are driving Automotive Aluminum market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Aluminum market opportunities vary by end market size?

How does Automotive Aluminum break out type, end use?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.