Global Automotive Commodities Market (2021-2026) by Raw Material, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The escalating need for automobiles involves a sum of the raw materials for their manufacture. This comprises aluminum, glass, and iron ore to make steel and petroleum commodities used to make plastics, rubber, and special fibers. Car manufacturers or auto parts firms use goods after alteration in the fabrication method when the raw materials are mined from the soil. The leading buyers of the world’s raw materials are automobile businesses which drive the market growth.

A sizable amount of component elements go into building an automobile. There are internal parts such as HVAC systems, device panels, and seats ahead of the simple building block beside the essential cabling to bind all at once. The tools used to create these parts have altered slightly across the centuries, but the majority of what goes into a car stays mostly the same hence booming the market growth. The unpredictable values of raw materials are the major restraints of the market.

Market Segmentation

The Global Automotive Commodities Market is segmented further based on Raw Material, End User, and Geography.

By Raw Material, the market is classified as aluminum, glass, iron ore, and petroleum. Amongst all, the petroleum segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as automakers, auto parts companies, and others. Amongst all, the auto parts companies segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Hyundai Steel Launches ULTREX, a Powerful, High-Strength Steel Sheet Brand. - 29th Sep 2020.
2. JFE Steel Corporation has developed the world’s first hot-continuous-rolling (endless-rolling) process for high-tensile-strength steel sheets (HITEN). - 6th May 2021.
3. POSCO introduces e Autopos’ battery pack. - 1st June 2021.

Company Profiles

Some of the companies covered in this report are JSW Steel Ltd, Magna International, Inc., Martinrea Honsel Germany GmbH, Nippon Steel Corporation, Norsk Hydro ASA, Nucor Corporation, Owens Corning, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Automotive Commodities Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market