Report Description

Global Automotive Aluminium Alloy Market By Product Form (Cast Aluminium, Rolled Aluminium and Extruded Aluminium), By Vehicle Type (Passenger Car, LCV and M&HCV), By Application, By Region, Competition, Forecast & Opportunities, 2014 – 2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Automotive

Global Automotive Aluminium Alloy Market Overview

Global automotive aluminium alloy market is expected to register strong growth during the forecast period, owing to increasing vehicle production and technological advancements. Automobile manufacturers are focusing on reducing vehicle weight by using aluminium in the body and various parts of vehicles. Use of aluminium lowers vehicle weight, thus improving its efficiency and stability. As a result, employment of aluminium alloy in vehicle parts such as closures, chassis and wheels is increasing.

Global Automotive Aluminium Alloy Market Segments

On the basis of product form, global automotive aluminium alloy market has been segmented into cast aluminium, rolled aluminium and extruded aluminium. The demand for cast aluminium is increasing and the trend is likely to continue in the coming years, owing to growing demand for lightweight components, such as engines and powertrain, which can be made with cast aluminium. Based on vehicle type, global automotive aluminium alloy market has been categorized into passenger car, light commercial vehicle (LCV) and medium & commercial vehicle (M&HCV) segments. Passenger car segment accounted for the largest market share in 2018 and is anticipated to maintain its market dominance during the forecast period. Automotive aluminium alloy is used for various applications including engine components, wheels, body parts and others. Wheel segment is expected to register growth, owing to its use in providing better acceleration and comfort. Lightweight vehicles reduce the hammering effect on the road and increase comfort.  

Global Automotive Aluminium Alloy Market Regional Insights

Automotive aluminium alloy market is gaining traction across the globe, backed by strict government regulations aimed at curbing environmental pollution. Globally, Asia-Pacific automotive aluminium alloy market is anticipated to account for the dominating position during forecast period, as Asian economies such as China and India are working towards achieving Euro 6 emission norms. The demand for automotive aluminium alloy is expected to increase in the Europe region due to technological advancements and increasing traction of electric vehicles.

Global Automotive Aluminium Alloy Market Competitive Landscape

Some of the major players operating in global automotive aluminium alloy market are Austem Company Ltd, Aleris Corporation, Arconic Inc., Bharat Forge Limited, Constellium N.V., Flex-N-Gate Corporation, Gordon Auto Body Parts Co., Ltd., Kirchhoff Automotive GmbH, Magna International Inc., Norsk Hydro ASA, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global automotive aluminium alloy market size.
  • To classify and forecast global automotive aluminium alloy market based on product form, vehicle type, application and regional distribution.
  • To identify drivers and challenges for global automotive aluminium alloy market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive aluminium alloy market.
  • To conduct the pricing analysis for global automotive aluminium alloy market.
  • To identify and analyze the profile of leading players operating in global automotive aluminium alloy market.


Click here to download the brochure 

Some of the leading players operating in global automotive aluminium alloy market are Austem Company Ltd, Aleris Corporation, Arconic Inc., Bharat Forge Limited, Constellium N.V., Flex-N-Gate Corporation, Gordon Auto Body Parts Co., Ltd., Kirchhoff Automotive GmbH, Magna International Inc., Norsk Hydro ASA, etc. 

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated global automotive aluminium alloy market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

   

Key Target Audience:

  • Automotive aluminium alloy manufacturers and other stakeholders
  • Government bodies such as regulating authorities and policymakers
  • Organizations, forums and alliances related to automotive aluminium alloy market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.   

Report Scope:

In this report, global automotive aluminium alloy market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Product Form:
    • Cast Aluminium
    • Rolled Aluminium
    • Extruded Aluminium
  • Market, by Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle (LCV)
    • Medium & Heavy Commercial Vehicle (M&HCV)
  • Market, by Application:
    • Engine Component
    • Wheels
    • Body Parts
    • Others
  • Market, by Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • New Zealand
      • Australia
    • Europe & CIS
      • Russia
      • Germany
      • United Kingdom
      • France
      • Sweden
      • Poland
      • Italy
    • North America
      • United States
      • Mexico
      • Canada
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive aluminium alloy market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com 

Please Select Format

Single User License

$4450

Multi-User License

$5450

Custom Research License

$9450

For Queries Please Contact us

sales@techsciresearch.com

+1 646 360 1656

10% Free Customization


All Rights Reserved © TechSci Research