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Automotive Aluminum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 144 Pages
  • June 2022
  • Region: Global
  • IMARC Group
  • ID: 5615009
The global automotive aluminum market reached a value of US$ 25.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 43.4 Billion by 2027, exhibiting a CAGR of 9.34% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.



The automotive industry utilizes aluminum castings, extrusions and sheets to manufacture vehicle body, frame, wheels, fuel systems, heat shields and car interiors. It is also used in the production of various engine parts such as pistons, radiators and cylinder heads. As the aluminum used in passenger and commercial vehicles is light in weight, it offers high stability, durability and cost-effectiveness. In comparison to steel, aluminum parts can help the vehicle accelerate faster and absorb a higher amount of shock in case of a crash or accident.

The growing automotive industry is one of the key factors driving the growth of the market. Owing to properties, such as high strength, recyclability, corrosion resistance combined with thermal and electrical conductivity, aluminum is extensively utilized in the production of passenger cars and commercial trucks and buses. Furthermore, the adoption of robotics technology in the assembly lines to efficiently manufacture automobiles is creating a positive impact on the market. There is also an increasing usage of secondary or recycled aluminum in the manufacturing of automobiles for improved safety and reduced carbon dioxide emissions. Aluminum mixed with copper, silicon and manganese is being used for light-weight components, which in turn is leading to higher per unit usage of the metal. Moreover, the implementation of government policies promoting the manufacturing of vehicles that reduce the emission of greenhouse gases, thus improving the carbon footprint of automobiles, is creating a positive impact on the market growth. Other factors, including rising disposable incomes of consumers and extensive research and development (R&D) activities, are projected to drive the market further.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global automotive aluminum market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product form, vehicle type and application.

Breakup by Product Form:

  • Cast Aluminum
  • Die Casting
  • Permanent Mold Casting
  • Sand Casting
  • Rolled Aluminum
  • Aluminum Plate
  • Aluminum Sheet
  • Aluminum Foil
  • Extruded Aluminum

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

Breakup by Application:

  • Powertrain
  • Pistons
  • Engine Blocks
  • Fuel Systems
  • Heat Shields
  • Heat Exchangers
  • Chassis and Suspension
  • Suspension Parts
  • Wheels
  • Steering Systems
  • Brake Systems
  • Car Body
  • Body Structure
  • Roof and Trim
  • Car Interiors
  • Hang-On Parts

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:


The report has also analysed the competitive landscape of the market with some of the key players being Alcoa Inc., Novelis, Rio Tinto Alcan, Constellium, BHP, Amg Advanced Metallurgical, UACJ Corporation, Norsk Hydro ASA, Dana Holding Corporation, Progress-Werk Oberkirch AG, Jindal Aluminium, Kaiser Aluminum, Lorin Industries, Federal-Mogul Holding Corporation, ElringKlinger AG, ThermoTec Automotive, etc.

Key Questions Answered in This Report:

  • How has the global automotive aluminum market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global automotive aluminum industry?
  • What has been the impact of COVID-19 on the global automotive aluminum market?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the product form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive aluminum industry and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Automotive Aluminum Market

What is the estimated value of the Global Automotive Aluminum Market?

The Global Automotive Aluminum Market was estimated to be valued at $25.4 Billion in 2021.

What is the growth rate of the Global Automotive Aluminum Market?

The growth rate of the Global Automotive Aluminum Market is 9.3%, with an estimated value of $43.4 Billion by 2027.

What is the forecasted size of the Global Automotive Aluminum Market?

The Global Automotive Aluminum Market is estimated to be worth $43.4 Billion by 2027.

Who are the key companies in the Global Automotive Aluminum Market?

Key companies in the Global Automotive Aluminum Market include Alcoa Inc., Novelis, Rio Tinto Alcan, Constellium, BHP, Amg Advanced Metallurgical, UACJ Corporation, Norsk Hydro ASA and Progress.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Aluminum Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Form
6.1 Cast Aluminum
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Die-Casting
6.1.2.2 Permanent Mold Casting
6.1.2.3 Sand Casting
6.1.3 Market Forecast
6.2 Rolled Aluminum
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 Aluminum Plate
6.2.2.2 Aluminum Sheet
6.2.2.3 Aluminum Foil
6.2.3 Market Forecast
6.3 Extruded Aluminum
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Vehicle Type
7.1 Passenger Cars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Light Commercial Vehicles (LCV)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Heavy Commercial Vehicles (HCV)
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Powertrain
8.1.1 Market Trends
8.1.2 Major Types
8.1.2.1 Pistons
8.1.2.2 Engine Blocks
8.1.2.3 Fuel Systems
8.1.2.4 Heat Shields
8.1.2.5 Heat Exchangers
8.1.3 Market Forecast
8.2 Chassis and Suspension
8.2.1 Market Trends
8.2.2 Major Types
8.2.2.1 Suspension Parts
8.2.2.2 Wheels
8.2.2.3 Steering Systems
8.2.2.4 Brake Systems
8.2.3 Market Forecast
8.3 Car Body
8.3.1 Market Trends
8.3.2 Major Types
8.3.2.1 Body Structure
8.3.2.2 Roof and Trim
8.3.2.3 Car Interiors
8.3.2.4 Hang-On Parts
8.3.3 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alcoa Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Novelis
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 SWOT Analysis
14.3.3 Rio Tinto Alcan
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Constellium
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 BHP
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 AMG Advanced Metallurgical
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 UACJ Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Norsk Hydro ASA
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Dana Holding Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Progress-Werk Oberkirch AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Jindal Aluminium
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Kaiser Aluminum
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Lorin Industries
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Federal-Mogul Holding Corporation
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.15 ElringKlinger AG
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.15.3 Financials
14.3.16 ThermoTec Automotive
14.3.16.1 Company Overview
14.3.16.2 Product Portfolio
List of Figures
Figure 1: Global: Automotive Aluminum Market: Major Drivers and Challenges
Figure 2: Global: Automotive Aluminum Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Automotive Aluminum Market: Breakup by Product Form (in %), 2021
Figure 4: Global: Automotive Aluminum Market: Breakup by Vehicle Type (in %), 2021
Figure 5: Global: Automotive Aluminum Market: Breakup by Application (in %), 2021
Figure 6: Global: Automotive Aluminum Market: Breakup by Region (in %), 2021
Figure 7: Global: Automotive Aluminum Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Automotive Aluminum (Cast Aluminum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Automotive Aluminum (Cast Aluminum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Automotive Aluminum (Rolled Aluminum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Automotive Aluminum (Rolled Aluminum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Automotive Aluminum (Extruded Aluminum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Automotive Aluminum (Extruded Aluminum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Automotive Aluminum (Passenger Cars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Automotive Aluminum (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Automotive Aluminum (Light Commercial Vehicles-LCV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Automotive Aluminum (Light Commercial Vehicles-LCV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Automotive Aluminum (Heavy Commercial Vehicles-HCV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Automotive Aluminum (Heavy Commercial Vehicles-HCV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Automotive Aluminum (Powertrain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Automotive Aluminum (Powertrain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Automotive Aluminum (Chassis and Suspension) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Automotive Aluminum (Chassis and Suspension) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Automotive Aluminum (Car Body) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Automotive Aluminum (Car Body) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Canada: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Canada: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia Pacific: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia Pacific: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: China: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: China: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Japan: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Japan: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South Korea: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South Korea: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Australia: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Australia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Indonesia: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Indonesia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Germany: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Germany: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: France: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: France: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United Kingdom: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United Kingdom: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Italy: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Italy: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Spain: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Spain: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Russia: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Russia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Latin America: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Brazil: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Brazil: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Mexico: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Mexico: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Middle East and Africa: Automotive Aluminum Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Middle East and Africa: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Global: Automotive Aluminum Industry: SWOT Analysis
Figure 75: Global: Automotive Aluminum Industry: Value Chain Analysis
Figure 76: Global: Automotive Aluminum Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Automotive Aluminum Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Aluminum Market Forecast: Breakup by Product Form (in Million US$), 2022-2027
Table 3: Global: Automotive Aluminum Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 4: Global: Automotive Aluminum Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Automotive Aluminum Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Automotive Aluminum Market: Competitive Structure
Table 7: Global: Automotive Aluminum Market: Key Players

Companies Mentioned

  • Alcoa Inc.
  • Novelis
  • Rio Tinto Alcan
  • Constellium
  • BHP
  • Amg Advanced Metallurgical
  • UACJ Corporation
  • Norsk Hydro ASA
  • Dana Holding Corporation
  • Progress-Werk Oberkirch AG
  • Jindal Aluminium
  • Kaiser Aluminum
  • Lorin Industries
  • Federal-Mogul Holding Corporation
  • ElringKlinger AG
  • ThermoTec Automotive.

Methodology

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